Answer:
City of Eastern Shores
General Fund Statement of Revenues, Expenditures and
Changes in Fund Balances for the year ended
September 30, 2017.
Particulars Amount($) Amount($)
Revenues
Property Taxes 27,025,000
Sales Taxes 13,323,000
Fees and Fines 1,332,000
Licenses and Permits 1,730,000
Inter Governmental 2,375,000
Investment Earnings 661,000
Total Revenues $46,446,000 $46,446,000
Expenditures
Current
General Government 11,731,000
Public Safety 24.451,000
Public Works 6,219,000
Health and Sanitation 1,171,000
Culture and Recreation 2,163,000
Total Expenditures $45,735,000 - $45,735,000
Excess of Revenue over Expenditure $711,000
Less : Transfer to capital project fund -$1,127,000
Add : Special Item - Proceeds from Sale of Land $831,000
Net Change in Fund Balance $415,000
Add : Fund Balance, Oct. 1, 2017 $1,819,000
Fund Balance, Sep. 30, 2017 $2,234,000
