he town council of Riverside estimated revenues for 2017 to be $696,000 from property taxes and $184,000 from business licenses. The appropriations budget from the council was as follows: General government $ 383,000 Parks and recreation 121,000 Sanitation 97,000 Streets and sidewalks 171,000 In April, heavy spring rains caused some flooding near the river. As a result, a picnic area at Rivers Edge Park was ruined and several damaged shops had to shut down. The council adopted an upward revision of $43,000 for the parks and recreation budget and reduced the estimated revenues from business licenses by $25,000. The General Fund began the year with a balance of $63,000. During the year, tax collections totaled $704,500 and revenues from business licenses were $158,000. Expenditures were $378,000 for general government, $143,500 for parks and recreation, $104,600 for sanitation, and $167,333 for streets and sidewalks. There are no outstanding encumbrances at year-end.

TOWN OF RIVERSIDE
Budgetary Comparison Schedule
General Fund
For the Year Ended December 31, 2017
	Budgeted Amounts		Actual Amounts (Budgetary Basis)	Variance with Final Budget Positive (Negative)
	Original	Final
Revenues:
Total Revenues
Expenditures and Encumbrances:
Total Expenditures and Encumbrances
Excess (Deficiency) of Revenues Over Expenditures and Encumbrances
Fund Balance, Beginning
Fund Balance, Ending