Harnett County, North Carolina
Schedule of Revenues, Expenditures and Changes in Fund Balance
Masterplan Courthouse Update Capital Project Fund
From Inception and For the Year Ended June 30, 2001
  Actual
Project Prior Current Total
Authorization   Years   Year   To Date
Revenues:  
  Sales tax refund  $      400,000  $               -    $    278,906  $     278,906
  Insurance claim 138,396                 ---                 ---                 ---  
  Investment earnings       1,091,488           208,269        788,972        997,241
  Total revenues 1,629,884 208,269 1,067,878 1,276,147
Expenditures:
  Construction 17,585,481 486,514 7,513,814 8,000,328
  Legal and administrative 150,000 22,035 (20,848) 1,187
  Engineering 818,000                 ---                 ---                 ---  
  Capital outlay 200,000                 ---                 ---                 ---  
  Contingency 67,601                 ---                 ---                 ---  
 
  Total expenditures 18,821,082 508,549 7,492,966 8,001,515
 
Revenues over (under) expenditures (17,191,198) (300,280) (6,425,088) (6,725,368)
Other financing sources (uses):
  Operating transfers in (out)    
      General Fund 6,274,079 3,000,000 3,274,079 6,274,079
      General Fund (598,000)                 ---   (598,000) (598,000)
      HC Capital Projects (2,000,000)                 ---   (2,000,000) (2,000,000)
      Governmental Complex (225,000) (225,000)               ---         (225,000)
      Governmental Complex         375,000           375,000               ---          375,000
      Bond premium        (239,881)                 ---          156,315        156,315
      Bond proceeds     13,605,000                 ---      13,605,000    13,605,000
    Total other financing sources (uses) 17,191,198 3,150,000 14,437,394 17,587,394
 
    Revenues and other financing sources (uses)
     over (under) expenditures  $              -    $    2,849,720 8,012,306  $10,862,026
Fund balance:
    Beginning of year, July 1 2,849,720
    End of year, June 30  $10,862,026