Page 173 - Moreno Valley 2025 Annual Financial Report
P. 173
City of Moreno Valley, California
COMMUNITY DEVELOPMENT BLOCK GRANT
Budgetary Comparison Schedule
For the Year Ended June 30, 2025
Budgeted Amounts Variance with
Original Final Actual Final Budget
Revenues
Intergovernmental $ 1,979,019 $ 4,066,200 $ 2,405,381 $ (1,660,819)
Total revenues 1,979,019 4,066,200 2,405,381 (1,660,819)
Expenditures
Current
Community and economic development 692,657 1,033,431 694,858 338,573
Capital outlay 1,286,362 2,963,694 1,591,170 1,372,524
Total expenditures 1,979,019 3,997,125 2,286,028 1,711,097
Excess (deficiency) of revenues over expenditures - 69,075 119,353 50,278
Net change in fund balances - 69,075 119,353 50,278
Fund balances - beginning of year 256,321 256,321 256,321 -
Fund balances - end of year $ 256,321 $ 325,396 $ 375,674 $ 50,278
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