.

01/04/2008 REVENUE & EXPENDITURE REPORT FOR CITY OF GLADWIN

.

Month Ended 11/30/2007

.

.

03:16 pm FUND 581 - AIRPORT FUND

.

.

ACTIVITY FOR

.

2007-08 2007-08 YEAR-TO-DATE MONTH ENDED AVAILABLE % OF BUDGET

.

ACCOUNTDESCRIPTION ORIG BUDGETAMENDED BUDGET THRU 11/30/07 11/30/2007 BALANCE USED

.

.

.

Revenues

.

Dept 000

.

501.000FEDERAL GRANTS0.000.00145,991.00145,991.00(145,991.00)100.00

.

539.000STATE GRANTS0.000.003,842.003,842.00(3,842.00)100.00

.

582.000CONTRIBUTION - GLADWIN CITY30,000.0030,000.0015,000.000.0015,000.0050.00

.

585.000CONTRIBUTION - GLADWIN CO30,000.0030,000.0015,000.000.0015,000.0050.00

.

640.000COURTESY CAR0.000.000.000.000.000.00

.

645.000OIL SALES40.0040.0052.506.00(12.50)131.25

.

646.000GAS SALES45,000.0045,000.0032,075.297,819.5312,924.7171.28

.

665.000INTEREST EARNINGS200.00200.0085.3927.99114.6142.70

.

666.000RENTS0.000.000.000.000.000.00

.

670.000HANGAR LEASE PAYMENTS12,792.0012,792.008,074.601,186.504,717.4063.12

.

671.000MISCELLANEOUS REVENUE300.00300.0099.6332.00200.3733.21

.

673.000SALE OF FIXED ASSETS0.000.000.000.000.000.00

.

675.000CONTRIBUTIONS - PRIVATE SOURCE0.000.000.000.000.000.00

.

687.000REFUNDS0.000.000.000.000.000.00

.

694.000CASH OVER/SHORT0.000.00(11.10)(2.02)11.10100.00

.

Total - Dept 000118,332.00118,332.00220,209.31158,903.00(101,877.31)186.09

.

.

Dept 931: APPROPRIATIONS/TRANSFERS IN

.

699.101TRANSFERS IN - GENERAL FUND0.000.000.000.000.000.00

.

Total - Dept 9310.000.000.000.000.000.00

.

.

Total Revenues118,332.00118,332.00220,209.31158,903.00(101,877.31)186.09

.

.

Expenditures

.

Dept 850: AIRPORT

.

702.000SALARIES & WAGES0.000.000.000.000.000.00

.

726.000SUPPLIES3,500.004,597.002,685.74(23,780.15)1,911.2682.29

.

726.200GAS40,000.0040,000.0030,306.3030,306.309,693.7075.77

.

726.400GAS - SALES TAX1,800.001,800.001,723.69746.7076.3195.76

.

730.000POSTAGE100.00100.000.000.00100.000.00

.

801.000PROFESSIONAL/CONTRACT SERV500.00500.000.000.00500.000.00

.

808.100CONTRACT - BASE30,179.0030,179.0011,688.522,226.3818,490.4838.73

.

808.200CONTRACT - FUEL PROFIT0.000.000.000.000.000.00

.

820.000CREDIT CARD FEES800.00800.00789.50166.4010.5098.69

.

850.000COMMUNICATIONS1,800.001,800.00610.0220.681,189.9833.89

.

860.000INSTITUTES & TRANSPORTATION800.00800.000.000.00800.000.00

.

910.000INSURANCE & BONDS6,500.006,500.005,444.000.001,056.0083.75

.

920.000UTILITIES6,000.006,000.002,336.22602.363,663.7838.94

.

930.000REPAIR & MTCE CONTRACTS4,500.004,500.005,764.5250.00(1,264.52)128.10

.

940.000EQUIPMENT RENTAL2,000.002,000.000.000.002,000.000.00

.

955.000MISCELLANEOUS500.00500.00140.000.00360.0028.00

.

959.000BAD DEBT EXPENSE0.000.000.000.000.000.00

.

968.000DEPRECIATION44,500.0044,500.0018,471.753,694.3526,028.2541.51

.

975.000CAPITAL - UNDER $5,0000.000.000.000.000.000.00

.

Total - Dept 850143,479.00144,576.0079,960.2614,033.0264,615.7455.31

.

.

Dept 906: DEBT SERVICE

.

995.000INTEREST281.00281.00280.210.000.7999.72

.

Total - Dept 906281.00281.00280.210.000.7999.72

.

.

Total Expenditures143,760.00144,857.0080,240.4714,033.0264,616.5355.39

.

.

NET OF REVENUES AND EXPENDITURES(25,428.00)(26,525.00)139,968.84144,869.98(166,493.84)