Performance Budgets CITY OF ROCK HILL, SOUTH CAROLINA STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES‐ GENERAL FUND
REVENUES: Property taxes Accomodations and hospitality taxes Licenses and permits Fines and forfeitures Intergovernmental Charges for services Investment earnings Management fees Other Total revenues
2012/2013 Actual 25,024,261 4,453,538 8,791,708 867,011 2,735,582 10,523,984 3,488 289,950 1,782,163 54,471,685
2013/2014 Actual 24,832,196 4,685,146 9,202,204 739,249 2,617,829 10,831,970 1,878 289,950 2,300,433 55,500,855
2014/2015 Projected 25,446,590 5,245,255 10,710,748 774,118 5,044,286 10,798,017 2,000 289,950 1,950,227 60,261,191
2015/2016 Budget 26,495,461 6,226,017 9,715,000 972,800 2,758,403 11,728,053 0 0 1,483,251 59,378,985
2016/2017 Budget 26,953,591 6,497,382 9,935,000 967,800 2,802,169 11,927,540 0 0 1,493,251 60,576,733
16,218,244 20,241,928 7,053,907 9,606,425
16,229,454 21,138,549 6,800,239 9,569,888
17,525,020 21,591,395 6,254,248 10,074,258
18,348,970 23,996,426 8,534,566 6,920,177
18,839,656 26,043,550 8,624,693 6,923,264
EXPENDITURES Current General government Public safety Public works Parks, recreation, and tourism Capital outlay Operating budget capital Lease purchase capital Debt service: Principal Interest and fees Capital lease payments Total expenditures
600,749 2,968,686
672,260 3,199,812
552,683 3,477,176
1,101,880 2,714,000
1,232,187 1,928,670
2,346,585 1,777,607 1,992,439 62,806,570
2,912,707 2,288,990 2,380,589 65,192,488
2,390,421 2,520,376 2,850,500 67,236,077
2,411,284 2,647,646 3,299,733 69,974,682
2,511,887 2,554,608 3,501,086 72,159,600
REVENUES OVER (UNDER) EXPENDITURES
(8,334,885)
(9,691,633)
(6,974,886)
(10,595,697)
(11,582,867)
6,401,755 (1,190,898)
6,552,476 (951,060) 3,250,000 2,662,797 (3,170,000) 8,344,213
6,730,308 (220,830) 0 3,926,309 0 10,435,787
7,144,515 0 0 4,390,000 0 11,534,515
7,432,574 0 0 3,567,710 0 11,000,284
(1,347,420)
3,460,901
938,818
OTHER FINANCING SOURCES: Transfers in Transfers out Tax Increment financing bonds issued Proceeds from capital lease Payments to refunded capital lease banks Total other financing sources REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES
9,437,456 (5,675,720) 8,972,593
637,708
(582,583)
FUND BALANCE, BEGINNING OF YEAR
8,596,753
9,234,461
7,887,041
11,347,942
12,286,759
FUND BALANCE, END OF YEAR
9,234,461
7,887,041
11,347,942
12,286,759
11,704,176
Note: Presented on a GAAP basis. Actuals include activites not included in operating budget.
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City of Rock Hill, South Carolina—Fiscal Year 2015/2016