March 2024 - Capital Projects Fund Income StmtAs of 4/12/2024
January 2024 February 2024 March 2024 YTD Budget
% of
Budget
% Year
Complete
Lodging Fee 35,430.00 41,286.00 48,698.00 234,994.00 600,000.00 39.17%
State Trust Fund - - - - 345,000.00 0.00%
State of Alabama - Grant & Other - - - - 1,774,900.00 0.00%
Autauga County - - - - 2,000,000.00 0.00%
Federal Grant Income 756,842.58 - 50,025.60 810,471.62 2,955,327.59 27.42%
Debt Proceeds - - - - 9,186,000.00 0.00%
Grant Income - Other - - 61,969.98 86,161.49 4,716,000.00 1.83%
Misc Other 46,673.48 41,586.74 5,772.14 234,630.44 193,886.00 121.01%
Transfers In - - - 3,148,876.55 12,261,100.00 25.68%
Total Revenue 838,946.06 82,872.74 166,465.72 4,515,134.10 34,032,213.59 41.67%
Expenses -
Projects 1,756,172.89 1,190,385.85 2,115,142.33 8,906,610.98 46,716,193.38 19.07%
Debt Issuance Costs - - - - 100,000.00 0.00%
Transfers Out 2,162,509.44 90,165.17 62,955.05 2,468,967.52 611,990.00 403.43%
3,918,682.33 1,280,551.02 2,178,097.38 11,375,578.50 47,428,183.38 23.98% 50.00%
Net (3,079,736.27) (1,197,678.28) (2,011,631.66) (6,860,444.40) (13,395,969.79)
Capital Projects Bank Accounts
Development Fund 3,802,020.11 3,806,782.92 3,838,001.02
Lodging Fee Fund 698,496.03 643,844.73 685,210.52
Capital Projects Fund 436,007.55 436,017.94 373,072.60
Park Proceeds 71,332.42 71,363.59 71,396.93
Infrastructure Reserves (Fairview) 611,507.24 573,016.98 611,484.91
Total Capital Projects Bank Accounts 5,619,363.35$ 5,531,026.16$ 5,579,165.98$
City of Prattville
Capital Projects Fund Income Statement