CITY OF SALEM
Schedule of Revenues, Expenditures and Changes in Fund Balance -
Budget and Actual: General Fund
For The Year Ended December 31, 2017
	Budgeted Amounts
REVENUES	Original	Final	Actual Amounts Budgetary Basis	Variance with Final Budget
Property Taxes	14,666,000	14,666,000	15,361,830	695,830
Other Local Taxes	11,562,500	11,562,500	11,761,522	199,022
Charges for Services	1,613,011	1,613,011	1,601,435	(11,576)
Intergovernmental	7,892,080	8,047,907	7,098,698	(949,209)
Miscellaneous	1,504,977	1,388,385	1,262,549	(125,836)
TOTAL REVENUES	37,238,568	37,277,803	37,086,034	(191,769)
EXPENDITURES
Current
General Government	3,567,838	3,489,870	3,353,502	136,368
Judicial Administration	1,321,048	1,497,845	1,456,734	41,111
Public Safety	7,753,002	8,325,564	8,216,347	109,217
Public Works	4,541,651	4,984,353	4,602,273	382,080
Health and Welfare	4,823,267	4,440,167	4,418,294	21,873
Education	8,963,248	8,929,725	8,887,834	41,891
Parks and Recreation	2,983,861	3,097,528	3,055,325	42,203
Community Development	872,594	904,168	899,209	4,959
TOTAL EXPENDITURES	34,826,509	35,669,220	34,889,518	779,702
REVENUES OVER (UNDER) EXPENDITURES	2,412,059	1,608,583	2,196,516	587,933
OTHER FINANCING SOURCES (USES):
Transfers (to) other funds	(3,560,000)	(3,257,000)	(3,256,899)	101
	(3,560,000)	(3,257,000)	(3,256,899)	101
Excess of revenues and other sources over
(under) expenditures and other uses	(1,147,941)	(1,648,417)	(1,060,383)	588,034
FUND BALANCE - Beginning of Year	12,338,963	12,338,963	12,338,963	-
FUND BALANCE - End of Year	11,191,022	10,690,546	11,278,580	588,034
Prepare Journal Entries below as directed

A Record the original budget

B Record the budget revisions

C Record the Actual Reevenues

D Record the encumbrances

E Record the actual expenditures and Encumbrance Reversais