CITY OF PALM DESERT, CALIFORNIA Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Affordable Housing For the Year Ended June 30, 2025
Budget AmountsActual AmountsVariance with Final Budget Positive (Negative)
OriginalFinal
REVENUES
Investment earnings$ -$ -$ 538$ 538
Total revenues--538538
EXPENDITURES
Current:
General government2,4002,4002,36040
Housing494,102489,365373,475115,890
Capital outlay600228228-
Total expenditures497,102491,993376,063115,930
Excess (deficiency) of revenues over (under) expenditures(497,102)(491,993)(375,525)116,468
OTHER FINANCING SOURCES (USES)
Transfers in497,102547,102430,542(116,560)
Total other financing sources (uses)497,102547,102430,542(116,560)
Net change in fund balance$ -$ 55,10955,017$ (92)
Fund balance-beginning1,410,010
Fund balances-ending$ 1,465,027