Harnett County, North Carolina
Combined Statement of Revenues, Expenditures, and Changes in Fund Balances-
All Governmental Fund Types
For the Year Ended June 30, 2001
With Comparative Totals for the Year Ended June 30, 2000 Continued
 
                                Totals
  Governmental Fund Types                                  (Memorandum Only)    
Special  Capital June 30,   June 30,
General   Revenue    Project   2001   2000
Revenues:
  Ad valorem taxes  $         25,448,863  $      2,242,186  $                      -  $        27,691,049  $            25,027,816
  Other taxes and licenses 11,128,213 699,567 --- 11,827,780 11,342,368
  Unrestricted intergovernmental 1,297,868 --- --- 1,297,868 1,287,485
  Restricted intergovernmental 11,796,387 603,230 314,915 12,714,532 16,367,781
  Permits and fees 1,061,887 618,409 --- 1,680,296 1,683,467
  Sales and services 4,518,842 --- --- 4,518,842 4,041,423
  Investment earnings 817,404 25,438[1] 1,228,968 2,071,810 1,135,207
  Contributions 2,672 --- 1,478 4,150 37,117
  Other general revenues 1,254,377 80,739 279,467 1,614,583 958,680
           Total revenues 57,326,513 4,269,569 1,824,828 63,420,910 61,881,344
Expenditures:
  Current:
     General government 7,186,739 --- 7,556,273 14,743,012 7,323,620
     Public safety 10,754,616 3,454,687 --- 14,209,303 13,988,669
     Environmental protection 89,927 --- --- 89,927 84,628
     Transportation 38,665 --- --- 38,665 40,478
     Economic and physical development 2,421,571 --- 359,595 2,781,166 1,889,076
     Human services 20,181,923 666,519 --- 20,848,442 18,990,848
     Cultural and recreational 1,006,145 --- --- 1,006,145 851,386
  Intergovernmental:
     Education 11,330,282 184,197 3,648,474 15,162,953 16,201,445
  Debt service: ---
       Principal 2,142,933 --- --- 2,142,933 2,002,493
       Interest and fees 2,928,429 --- --- 2,928,429 2,023,166
          Total expenditures 58,081,230 4,305,403 11,564,342 73,950,975 63,395,809
 Revenues over (under) expenditures (754,717) (35,834) (9,739,514) (10,530,065) (1,514,465)
         
   
Harnett County, North Carolina
Combined Statement of Revenues, Expenditures, and Changes in Fund Balances-
All Governmental Fund Types Concluded
For the Year Ended June 30, 2001
With Comparative Totals for the Year Ended June 30, 2000
 
Totals
  Governmental Fund Types           (Memorandum Only)
Special Capital  June 30,   June 30,
General   Revenue   Project   2001   2000
Other Financing Sources (Uses):  
  Operating transfers from other funds  $              964,884  $                     -  $       1,324,079  $          2,288,963  $              1,058,944
  Operating transfers to other funds (1,324,079) (16,884) (598,000) (1,938,963) (1,058,944)
  Bond premium --- --- 269,509 269,509 ---
  Bond and capital lease proceeds 222,226 --- 23,675,000 23,897,226 594,919
     Total other financing sources (uses) (136,969) (16,884) 24,670,588 24,516,735 594,919
  Revenues and other financing sources
       over (under) expenditures and         
       other financing sources (uses) (891,686) (52,718) 14,931,074 13,986,670 (919,546)
Fund balances:
  Beginning of year, July 1 15,697,451 1,202,079 2,997,741 19,897,271 20,864,122
  Residual equity transfers 1,082,958 (1,082,958) --- --- (47,305)
  End of year, June 30  $         15,888,723  $           66,403  $     17,928,815  $        33,883,941  $            19,897,271
       
 
The notes to the financial statements are an integral part of this statement.

[1]
Cherry, Bekaert, & Holland:
Keyed due to closed projects