FY 17 Annual Report

Restricted Cash Funds

2017

CITY OF SPENCER, IOWA

CABLE TV RESERVES

FUND #064

FUND INFORMATION The Cable TV Reserve fund was established to account for the revenues and expenditures associated with maintaining the broadcasting system at City Hall. The system is used to broadcast the City Council meetings to citizens. There is no dedicated revenue source identified at this time, however, the fund does earn interest and is credited monthly.

CURRENT BUDGET

YEAR TO DATE

% OF

FY 2016 ACTUAL

ACTUAL

BUDGET

REVENUES

USE OF MONEY MISCELLANEOUS

500.00

974.37

194.87

926.28 - 926.28

-

-

-

TOTAL REVENUES

500.00

974.37

194.87

EXPENDITURES CONTRACTUAL SVCS

10,000.00

-

-

-

-

10,000.00

-

-

TOTAL EXPENDITURES

Fund Balance

INCREASE / (DECREASE)

BALANCE

BALANCE

REVENUES

EXPENDITURES

JULY 1, 2016

JUNE 30, 2017

974.37

103,184.00

974.37

-

104,158.37

RESTRICTED CASH