Harnett County, North Carolina
Schedule of Revenues and Expenditures - Budget and Actual (Non-GAAP)
Southwest Regional Distribution Transmission Capital Project
From Inception and for the Year Ended June 30, 2001
 
      Actual    
Project Prior Current Total
Authorization   Years   Year   To Date
Revenues:
  Sales tax refund  $        87,175  $       85,176  $             164  $        85,340
  Interest on investments 9,984 9,984 267 10,251
   
Total revenues 97,159 95,160 431 95,591
Expenditures:
  Construction 2,648,730 2,638,800 (1,133) 2,637,667
  Legal and administration 2,576 1,482 --- 1,482
  Engineering 184,200 180,516 --- 180,516
  Land 26,835 26,835 --- 26,835
  Contingency 1,037 --- --- ---
  Equipment 14,388 14,388 --- 14,388
  Interest 338,743 211,509 127,233 338,742
Total expenditures 3,216,509 3,073,530 126,100 3,199,630
Revenues under expenditures (3,119,350) (2,978,370) (125,669) (3,104,039)
Other financing sources:
  Proceeds from state loan 2,683,000 2,683,000 --- 2,683,000
  Operating transfer in:
     Harnett County Public Utilities 436,350 307,156 129,196 436,352
Total other financing sources 3,119,350 2,990,156 129,196 3,119,352
Unexpended (overexpended)  
 revenues and receipts  $                  -  $       11,786  $          3,527  $        15,313