Page 204 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Changes in Fund Balances, Governmental Funds

Last Ten Fiscal Years
(accrual basis of accounting)

Fiscal Year
2018 2017 2016 2015 2014
Revenues
Taxes $ 164,925,559 $ 156,135,468 $ 148,399,035 $ 138,451,639 $ 140,258,130
Licenses and permits 6,658,529 6,609,148 6,296,921 8,630,553 8,634,524
Intergovernmental 41,359,369 42,757,909 39,280,074 38,521,025 38,739,826
Investment income (loss) 2,750,652 1,293,820 774,261 612,256 1,396,715
Charges for services 19,104,518 19,472,969 18,282,372 18,792,591 18,416,380
Capital lease charges 1,147,013 1,181,191 992,154 1,983,941 2,730,708
Other 11,740,795 9,158,744 8,785,375 8,510,071 11,776,135
Total revenues 247,686,435 236,609,249 222,810,192 215,502,076 221,952,418
Expenditures
General government 32,218,813 30,894,515 29,729,507 28,142,891 28,324,210
Public protection 107,232,510 101,455,435 95,912,406 88,569,252 86,713,583
Environmental health 20,551,537 18,489,265 17,853,455 15,940,897 16,217,135
Transportation 16,496,237 14,014,244 14,260,344 14,075,040 14,135,490
Culture and recreation 11,601,727 10,510,943 10,305,086 9,547,647 9,144,183
Community and economic development 22,954,451 29,230,068 20,920,823 18,648,907 18,827,597
Human resources - - - - -
Other 369,425 361,645 370,143 - -
Capital outlay 37,004,673 85,621,977 48,831,526 37,326,971 23,528,507
Debt service
Capital lease charges (1) - - - 8,443,946 10,928,248
Principal retirement
Bond 8,145,000 8,495,000 6,486,900 6,370,000 6,322,950
Other 17,082,571 22,619,730 9,114,563 18,176,842 5,808,970
Interest & fiscal charges
Bond 7,192,077 5,381,551 3,794,371 3,707,737 4,430,618
Other 6,805,652 6,802,599 5,648,111 7,060,496 6,752,079
Total expenditures 287,654,673 333,876,972 263,227,235 256,010,626 231,133,570
Excess of revenues over (under) expenditures (39,968,238) (97,267,723) (40,417,043) (40,508,550) (9,181,152)

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