ADDITIONAL DETAILS AND INFORMATION
(2,454,685)
(3,182,533)
235,238
492,611
727,848
(483,799)
0 27,541
(456,258)
81,449
(63,614)
(63,614)
412,527
(101,708)
310,818
81,449
17,619
0 (6,237)
68,794
24,753
32,832
(173)
0 0
0 (3,123,722)
0 0
(3,095,279)
(28,443)
0 0
(0)
0 0
0 0
0 0
0 0
0 0
0 (850,318)
81,318
0 0
515,000
254,000
769,000
81,318
(0)
0 0
0 0
0 0
0 0
(850,318)
0 0
0 6,833,173
521,167
521,167
(294,404)
0 6,677,112
377,444
377,444
79 907,007
3,370,698
3,306,415
181,065
267,317
4,794,092
11,627,265
43,032,439
1,292,409
998,004
31,405,174
TABLE 5: FUND BALANCE SUMMARY FOR ALL FUNDS
Fund Balance
@ 12/31/23
Net
Transfers
In/(Out)
Net Change in
Fund Balance
ISFENTERPRISETRUST GENERAL FUNDSPECIAL FUNDSCAPITALDEBT 100,000
100,000
750,000
4,605,241
(358,498)
15,000,000
600,000
280,302
142,191
36,053
1,127,697
21,924,440
ThisformatwaspreparedbytheFinanceDepartmenttohighlightinsummaryfashionkeyindicatorsoftheTown'sFinancialperformance.AdditionalFinancial Reports and Budgets – including earlier Quarterly Financial Reports, Audits and Budgets – are also available on the Town websitewww.colma.ca.gov. This report will also be posted on the Town website after it has been reviewed by the City CouncilMID-YEAR BUDGET AMENDMENTSThe Town is amending the General Fund to address two unexpected operating change:(1)The Police Department needs to replace its existing firearms. The projected cost of the new firearm and training is$60,000.(2) The Public Works department spent more than $100,000 in resolving the sinkhole on Junipero Serra Boulevard. Thedepartment had depleted its contingency budget and needs a budget increase of $80,000 to address the coming stormyseason.
FY 2023-24 Mid-Year Financial Report (July 2023 - December 2023) Page 1 of 2