FY 17 Annual Report

Special Revenue Funds

2017

CITY OF SPENCER, IOWA

SPECIAL POLICE PROCEEDS (DRUG FORFEITURE)

FUND #119

FUND INFORMATION

The City uses this fund to account for any proceeds that the Police Department receives from the forfeiture of property in a drug related case. The funds must be used for specific purposes only, usually related to the purchase of equipment used in the apprehensive or detection of illegal drugs.

CURRENT BUDGET

YEAR TO DATE

% OF

FY 2016 ACTUAL

ACTUAL

BUDGET

REVENUES

MISCELLANEOUS USE OF MONEY

- -

11,045.43

- -

6,576.87

197.86

126.94

TOTAL REVENUES

-

11,243.29

-

6,703.81

EXPENDITURES CONTRACTUAL SVCS EMPLOYEE BENEFITS

- -

89.76 -

-

-

89.76

-

-

-

TOTAL EXPENDITURES

Fund Balance

INCREASE / (DECREASE)

BALANCE

BALANCE

REVENUES

EXPENDITURES

JULY 1, 2016

JUNE 30, 2017

11,243.29

21,146.50

11,243.29

-

32,389.79

SPECIAL REVENUE