The budgetary comparison schedule for the city of salem

CITY OF SALEM Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual: General Fund For The Year Ended December 31, 2015 Budgeted Amounts REVENUES Property Taxes Other Local Taxes Charges for Services Intergovernmental Miscellaneous TOTAL REVENUES EXPENDITURES Current General Government Judicial Administration Public Safety Public Works Health and Welfare Education Parks and Recreation Community Development TOTAL EXPENDITURES REVENUES OVER (UNDER) EXPENDITURES OTHER FINANCING SOURCES (USES): Transfers (to) other funds Excess of revenues and other sources over (under) expenditures and other uses FUND BALANCE - Beginning of Year FUND BALANCE - End of Year Actual Amounts Variance with Final Budgetary Basis Budget 15,361,830 695,830 11,761,522 199,022 1,601,435 (11,576) 7,098,698 (949,209) 1,262,549 (125,836) 37,086,034 (191,769) Original 14,666,000 11,562,500 1,613,011 7,892,080 1,504,977 37,238,568 Final 14,666,000 11,562,500 1,613,011 8,047,907 1,388,385 37,277,803 3,567,838 1,321,048 7,753,002 4,541,651 4,823,267 8,963,248 2,983,861 872,594 34,826,509 3,489,870 1,497,845 8,325,564 4,984,353 4,440,167 8,929,725 3,097,528 904,168 35,669,220 3,353,502 1,456,734 8,216,347 4,602,273 4,418,294 8,887,834 3,055,325 899,209 34,889,518 136,368 41,111 109,217 382,080 21,873 41,891 42,203 4,959 779,702 2,412,059 1,608,583 2,196,516 (971,471) (3,560,000) (3,560,000) (3,257,000) (3,257,000) (3,256,899) (3,256,899) 101 101 (1,147,941) 12,338,963 11,191,022 (1,648,417) 12,338,963 10,690,546 (1,060,383) 12,338,963 11,278,580 588,034 588,034 Type your name here Prepare Journal Entries below as directed a. Record the original budget General Ledger Debits Credits Subsidiary Ledger Debits Credits b. Record the budget revisions General Ledger Debits Credits Subsidiary Ledger Debits Credits c. Record the Actual Revenues General Ledger Debits Credits Subsidiary Ledger Debits Credits e. Record the actual expenditures and Encumbrance Reversals General Ledger Debits Credits Subsidiary Ledger Debits Credits General Ledger d. Record the encumbrances Subsidiary Ledger Debits Credits Debits Credits