Harnett County, North Carolina
Schedule of Revenues and Expenditures - Budget and Actual (Non-GAAP)
Wellons Acquisition and Anderson Creek Sewer Extension 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  $                -  $         6,430  $       11,262  $       17,692
  Interest on investments --- 88,133           76,848         164,981
  Contribution Board of Education        150,000 --- --- ---
Total revenues 150,000 94,563 88,110 182,673
Expenditures:
  Construction 877,710 140,020 666,574         806,594
  Legal & administrative 18,477 3,942 1,411             5,353
  Engineering 97,800 59,500 36,600           96,100
  Materials & supplies 147,023 87,981 59,041         147,022
  Land/ROW 20,000 18,561 ---           18,561
  Meters 27,000 25,663 ---           25,663
  Interest 286,591 108,294 195,593         303,887
  Capital outlay 2,776,408 2,776,408 ---      2,776,408
  Contingency 180,307 --- --- ---
Total expenditures 4,431,316 3,220,369 959,219 4,179,588
 
Revenues under expenditures (4,281,316) (3,125,806) (871,109) (3,996,915)
Other financing sources:
  Operating transfers in:
    Harnett County Public Utilities 456,316 365,000 91,316         456,316
  Proceeds from debt issuance 3,825,000 3,825,000 ---      3,825,000
Total other financing sources 4,281,316 4,190,000 91,316 4,281,316
Unexpended (overexpended)  
revenues and receipts  $                -  $  1,064,194  $   (779,793)  $     284,401