Audit for Fiscal Year Ending June 30, 2017

Schedule 4

CITY OF SPENCER COMBINING SCHEDULE OF RECEIPTS, DISBURSEMENTS, AND CHANGES IN CASH BALANCES NONMAJOR PROPRIETARY FUNDS AS OF AND FOR THE YEAR ENDED JUNE 30, 2017

EnteQ2rise Funds

Total Nonmajor Proprieta~ Funds

Airport

Golf Course

OPERATING RECEIPTS: Charges for services ................................................................. $ Miscellaneous ........................................................................... TOTAL OPERATING RECEIPTS OPERATING DISBURSEMENTS: Salaries .................................................................................... Payroll taxes and employee benefits ....................................... Repairs and maintenance ........................................................ Utilities ..................................................................................... Contract services ..................................................................... Gas and oil .............................................................................. Supplies .................................................................................. Miscellaneous ......................................................................... Sales tax paid .......................................................................... TOTAL OPERATING DISBURSEMENTS

$

167,469

$

391,987 11,974 403,961

559,456 11,974 571 ,430

167,469

189,458 22,494 18,736 17,989

15,770

205,228 24,706 31,908 48,664 42,803 9,070 77,266 27,016 13,786 480,447

2,212

13,172 30,675 36,687

6,116 8,928

142 768

76,498 14,099 13,786 368,104

12,917

112,343

EXCESS OF OPERATING RECEIPTS OVER OPERATING DISBURSEMENTS

55,126

35,857

90,983

NON-OPERATING RECEIPTS (DISBURSEMENTS): Interest on investments ............................................................ Capital outlay ........................................................................... TOTAL NON-OPERATING RECEIPTS (DISBURSEMENTS)

6,693 (90,285} (83,592)

5,772

921 (90,285} (89,364}

5,772

EXCESS (DEFICIENCY) OF RECEIPTS OVER (UNDER) DISBURSEMENTS

(53,507)

7,391

60,898

OTHER FINANCING SOURCES (USES): Operating transfers in ............................................................... Operating transfers out .............................................................

357 (85,045} (84,688}

357

(62,915} (62,558}

(22,130} (22,130)

TOTAL OTHER FINANCING SOURCES (USES)

NET CHANGE IN CASH BALANCES

(77,297)

(75,637)

(1,660)

760,879

579,260

181,619

CASH BALANCES - BEGINNING OF YEAR

$

683,582

$

$

105,982

577,600

CASH BALANCES - END OF YEAR

CASH BASIS FUND BALANCES: Unrestricted ...........................................................................

683,582

$

$

$

105,982

577,600

See Accompanying Independent Auditors' Report 46