Page 96 - 2019-20 CAFR

Rogue Community College

Debt Service Fund ‐ General Obligation Bonds
Schedule of Revenues, Expenditures and Changes in Fund Balance
(Non‐GAAP Budgetary Basis) ‐ Budget and Actual
For the year ended June 30, 2020
Variance ‐
Budgeted Amounts Positive
Original Final Actual (Negative)
Revenues:
Local sources $ 3,546,778 $ 3,546,778 $ 3,547,775 $ 997
Other revenue sources 19,455 19,455 176,568 157,113
Total revenues 3,566,233 3,566,233 3,724,343 158,110
Expenditures:
Debt service 3,527,650 3,527,650 3,527,650 0
Unappropriated ending fund balance 389,170 389,170 0 389,170
Total expenditures 3,916,820 3,916,820 3,527,650 389,170
Revenues over (under) expenditures (350,587) (350,587) 196,693 547,280
Fund balance, beginning of year 350,587 350,587 389,475 38,888
Fund balance, end of year $ 0 $ 0 $ 586,168 $ 586,168

Summary of expenditures by appropriation:
College support services $ 3,527,650 $ 3,527,650 $ 3,527,650 $ 0
Unappropriated ending fund balance 389,170 389,170 0 389,170
Total expenditures $ 3,916,820 $ 3,916,820 $ 3,527,650 $ 389,170

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