Harnett County, North Carolina
Schedule of Revenues and Expenditures - Budget and Actual (Non-GAAP)
Northeast Water Plant 18mgd Expansion 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  $                -  $                -  $         1,710  $         1,710
  Sales tax refund --- --- 6,801 6,801
  Contributions - Fuquay 850,000 --- 566,666 566,666
  Contributions - Holly Springs 850,000   ---   283,333   283,333
Total revenues 1,700,000 --- 858,510 858,510
Expenditures:
  Construction 3,000,000 --- 2,155,888 2,155,888
  Legal & administrative 15,000 --- --- ---
  Engineering 241,450 --- 183,381 183,381
  Contingency 120,000 --- --- ---
Total expenditures 3,376,450 --- 2,339,269 2,339,269
 
Revenues over (under) expenditures (1,676,450) --- (1,480,759) (1,480,759)
Other financing sources:
  Opertaing transfers in:
    Harnett County Public Utilities 1,676,450 --- 1,676,450 1,676,450
       
Unexpended (overexpended)  
 revenues and receipts  $                -  $                -  $     195,691  $     195,691