Harnett County, North Carolina
Schedule of Revenues, Expenditures and Changes in Fund Balance
Shawtown Revitalization 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  $                -  $        2,125  $              -  $           2,125
  Owner's contributions 26,826          26,826 ---             26,826
  Community Development Block Grant 850,000 848,260 18,271           866,531
   Total revenues 876,826 877,211 18,271           895,482
Expenditures:
  Economic and physical development 1,096,826 1,095,086 18,271        1,113,357
  Total expenditures 1,096,826 1,095,086 18,271        1,113,357
Revenues over (under) expenditures (220,000) (217,875) ---          (217,875)
Other financing sources (uses):
  Operating transfers in (out)
      General Fund 150,000 150,000 50,000           200,000
      Transfers from NCHFA Fund 100,000 100,000 ---           100,000
      Transfers to NCHFA Fund (30,000) (30,000) ---            (30,000)
 
    Total other financing sources (uses) 220,000 220,000 50,000 270,000
 
    Revenues and other financing sources (uses)
    over (under) expenditures  $              -    $        2,125 50,000  $         52,125
Fund balance:
   Beginning of year, July 1 2,125
   End of year, June 30  $     52,125