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Exhibit 4 <br />City of Louisville, Colorado <br />Statement of Revenues, Expenditures, and Changes in Fund Balances <br />Governmental Funds <br />For the Year Ending December 31, 2008 <br />Major Special Major Capital Project <br />Revenue FundsFund <br />Conservation <br />Trust - LandCapital <br />General <br />cquisitionProjects <br />A <br />REVENUES <br />Taxes: <br /> Property taxes$ 2,186,615$ -$ - <br /> Sales tax 5,649,859 1,037,322 2,730,653 <br /> Use tax 802,980 129,869 226,661 <br /> Lodging tax 369,019 - - <br /> Franchise tax 1,142,519 - - <br /> Other taxes172,116 - - <br />Licenses and Permits697,091 - - <br />Intergovernmental832,963 - 147,633 <br />Charges for services1,512,980 - - <br />Fines and forfeits186,993 - - <br />Miscellaneous <br /> Investment income 230,979 405,761 210,396 <br /> Other 124,337-18,557 <br /> Total revenues13,908,451$$1,572,952$3,333,900 <br />EXPENDITURES <br />Current: <br /> General government1,978,203$ 926,856$ 480,958$ <br /> Finance348,696 - - <br /> Police3,867,488 - - <br /> Public works2,602,796 - - <br /> Planning777,449 - - <br /> Library services1,103,086 - - <br /> Parks and Recreation2,499,768 - - <br />Capital outlay- 126,218 3,206,050 <br />Debt service: <br /> Principal- - 375,000 <br /> Interest--75,863 <br />1,053,0744,137,871 <br /> Total expenditures13,177,48 <br />6 <br />Excess (deficiency) of revenues <br />over expenditure730,965519,878(803,971) <br />s <br />OTHER FINANCING SOURCES (USES) <br />Transfers in86,433 - 1,897,500 <br />Transfers (out)(1,512,500)-- <br />Total other financing sources (uses)(1,426,067) - 1,897,500 <br />Net change in fund balances(695,102) 519,878 1,093,529 <br />6,947,8223,192,766 <br />Fund balances, January 15,358,797 <br />Fund balances, December 314,663,69$$7,467,700$4,286,29 <br />55 <br />The notes to the financial statements are an integral part of this statement. <br /> <br />