FY 17 Annual Report

Special Revenue Funds

2017

CITY OF SPENCER, IOWA

TREES FOREVER

FUND #122

FUND INFORMATION

The City annually participates in the Trees Forever program. Trees Forever is a national organization whose mission is to "plant and care for trees and the environment by empowering people, building community and promoting stewardship." Every spring, the City promotes a tree planting somewhere around the city. Previous locations have included the city cemeteries, city parks and the Clay County Fairgrounds. Revenues for offsetting the cost of planting trees are derived from local utility companies, including Black Hills Energy and Spencer Municipal Utilities. The City has been recognized by the Arbor Day Foundation as a Tree City USA community for 20+ years.

CURRENT BUDGET

YEAR TO DATE

% OF

FY 2016 ACTUAL

ACTUAL

BUDGET

REVENUES

MISCELLANEOUS USE OF MONEY OTHER FINANCING

3,000.00

5,711.00

190.37

2,684.86

- -

13.88

- -

57.85

-

-

TOTAL REVENUES

3,000.00

5,724.88

190.83

2,742.71

EXPENDITURES COMMODITIES TRANSFERS

3,000.00

5,722.00

190.73

5,278.34

-

-

-

-

190.73

5,278.34

3,000.00

5,722.00

TOTAL EXPENDITURES

Fund Balance

(DECREASE) INCREASE /

BALANCE

BALANCE

REVENUES

EXPENDITURES

JULY 1, 2016

JUNE 30, 2017

2.88

1,226.30

5,724.88

5,722.00

1,229.18

SPECIAL REVENUE