FY 17 Annual Report

Restricted Cash Funds

2017

CITY OF SPENCER, IOWA

RIVERSIDE COLUMBARIUM RESERVES

FUND #041

FUND INFORMATION

This fund accounts for the revenues and expenses related to the construction of a new columbarium structure located in Riverside Cemetery. Revenues for the fund are primarily derived from the sale of spaces in the current columbarium. Once the current spaces are sold, the City will investigate whether or not to proceed with the construction of an additional columbarium.

CURRENT BUDGET

YEAR TO DATE

% OF

FY 2016 ACTUAL

ACTUAL

BUDGET

REVENUES

USE OF MONEY

- -

160.65

- -

154.14 - 154.14

OTHER FINANCING

-

-

TOTAL REVENUES

-

160.65

EXPENDITURES CAPITAL OUTLAY

- -

- -

- -

- -

TRANSFERS

-

-

-

-

TOTAL EXPENDITURES

Fund Balance

INCREASE / (DECREASE)

BALANCE

BALANCE

REVENUES

EXPENDITURES

JULY 1, 2016

JUNE 30, 2017

17,231.09

160.65

-

17,391.74

160.65

RESTRICTED CASH