HomeMy WebLinkAboutDocumentation_Regular_Tab 04_01/13/2011 M:�MD.RAN.D LTM
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DATE: JANUARY 6, 2011
TO: MICHAEL R. COUZZO, VILLAGE MANAGER
FROM: JOANN FORSYTHE, FINANCE DIRECTOR
RE: FIRST QUARTER F/Y 2011 REVENUES AND EXPENDITURES
I have reviewed the first quarter governmental and business type activities for the Village. Although a few
line items may require adjustment, overall, actual revenues and expenditures for this quarter are as
expected.
There are, however, three items in General Fund #001 that, although approved by the Village Council,
were not originally budgeted and budget amendments are in various stages of preparation and/or approval.
They are;
1) Revenues
a) Code Enforcement Fines and Court Costs
i) $180,000 from Bank United for fines related to the Cornerstone property
2) Ex�enditures
a) Suspense
i) $230,582 for the purchase of 479 Seabrook Road Property
b) Miscellaneous Planning Service
i) $78,000 for Consultant
1/6/114:54 PM