Page 93 - 2019-20 CAFR

Rogue Community College

Capital Improvement Fund ­ COPs and Bonds

Schedule of Revenues, Expenditures and Changes in Fund Balance
(Non­GAAP Budgetary Basis) ­ Budget and Actual
For the year ended June 30, 2020
Variance ­
Budgeted Amounts Positive
Original Final Actual (Negative)
Revenues:
Other revenue sources $ 300,000 $ 300,000 $ 374,988 $ 74,988
Expenditures:
Facilities acquisition & construction 14,131,334 14,131,334 5,551,450 8,579,884
Contingency 4,000,000 4,000,000 0 4,000,000

Total expenditures 18,131,334 18,131,334 5,551,450 12,579,884
Revenues over (under) expenditures (17,831,334) (17,831,334) (5,176,462) 12,654,872

Fund balance, beginning of year 17,831,334 17,831,334 18,570,740 739,406

Fund balance, end of year $ 0 $ 0 $ 13,394,278 $ 13,394,278

81