Page 158 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Special Revenue Funds

Downtown W-S Business Improvement District Fund - Schedule of Revenues, Expenditures,
and Changes in Fund Balance - Budget and Actual
For the Fiscal Year Ended June 30, 2018 Exhibit 35

Variance
Positive
Budget Actual (Negative)
Revenues
Taxes $ 598,030 $ 583,493 $ (14,537)
Investment income - 714 714
Total revenues 598,030 584,207 (13,823)
Expenditures
Community and economic development 670,602 577,669 92,933
Excess of revenues over expenditures (72,572) 6,538 79,110
Fund balance - beginning 108,102 108,102 -
Fund balance - ending $ 35,530 $ 114,640 $ 79,110

152