Harnett County, North Carolina
Schedule of Revenues and Expenditures - Budget and Actual (Non-GAAP)
Riverside Capital Project
From Inception and for the Year Ended June 30, 2001
 
      Actual    
Project Prior Current Total
Authorization Years Year To Date
Revenues:
  Interest on investments  $      11,000  $            999  $       36,077  $       37,076
  Sales tax refund --- ---           24,278           24,278
Total revenues 11,000 999           60,355           61,354
Expenditures:
  Construction 2,112,013 --- 1,868,590 1,868,590
  Legal & administrative 31,000 963 18,787 19,750
  Engineering 194,115 103,292 69,619 172,911
  Interest 100,000 --- 39,403 39,403
  Meters 4,400 --- --- ---
Total expenditures 2,441,528 104,255 1,996,399 2,100,654
 
Revenues under expenditures (2,430,528) (103,256) (1,936,044) (2,039,300)
Other financing sources:
  Proceeds from debt issuance 1,194,606 --- 1,194,002 1,194,002
  USDA Grant 686,000 --- 565,400 565,400
  Operating transfers in:
    Harnett County Public Utilities 549,922 150,000 399,922 549,922
Total other financing sources 2,430,528 150,000 2,159,324 2,309,324
Unexpended (overexpended)  
revenues and receipts  $                -  $       46,744  $     223,280  $     270,024