APPENDIX B-3            

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INTEGRATED GAP BUDGET REPORT AND BALANCE SHEET

GAP

BUDGET RESOURCE STATUS REPORT

DECEMBER 31, 2001

 

GOVERNMENT ACCOUNTING PROTOTYPE (GAP)

BALANCE SHEET

DECEMBER 31, 2001

BUDGET RESOURCES   ASSETS:
1. CASH REALIZED (PFY)   CASH IN TREASURY
    A. UNOBLIGATED C/O 0   TREASURY WARRANTS 600,000
    B. UNPAID OBLIGATIONS 0   CASH TRANSFERS 60,000
  BUDGET RECEIPTS 33,500
2. CASH REALIZED (CFY)   TOTAL CASH (BUDGET)

693,500

    A. TREASURY WARRANT 600,000   LESS: NET DISBURSEMENTS:
    B. CASH TRANSFERS (ECS) 60,000   CASH COLLECTIONS (NON BUDGET) 2,300      
    C. BUDGET RECPTS. (ECS) 33,500   CASH DISBURSEMENTS -171,050
  NET DISBURSEMENTS -168,750
3. CASH ANTICIPATED (CFY)  
    A. RECOVERY

0

  CASH IN TREASURY 524,750
    B. TREASURY WARRANTS 10,000  
    C. CASH TRANSFERS (ECS)

0

 
    D. BUDGET RECEIPTS (ECS) 9,000   ACCOUNTS RECEIVABLE 9,000
  LESS: ALLOWANCE FOR BADE DEBTS - 1,000 8,000
4. TOTAL BUDGET RESOURCES 712,500   TRAVEL ADVANCES 5,500
  PREPAID LICENSING FEES 6,750
BUDGET STATUS   OFFICE EQUIPMENT 17,500
5. BALANCES AVAILABLE   LESS: PURCHASE DISCOUNT - 200
    A. THRU CURRENT QTR. 9,300              ACCUMULATED DEPRECIATION - 600
    B. THRU SUBSEQUENT QTR 485,000   TOTAL OFFICE EQUIPMENT 16,700
6. BUDGET RES. CONTING. 24,650   OFFICE EQUIPMENT- CONTRACTORS 3,000
7. WITHHELD PENDING RES.

0

  TRANSPORTATION EQUIPMENT 15,000
8. BUDGET DEFERRAL

0

 
9. UNAPPORTIONED 2,500   TOTAL ASSETS 579,700
10. COMMITMENTS 5,000  
11. OBLIGATIONS 186,050   EXTERNAL CASH SOURCES:
12. TOTAL BUDGET RESOURCES 712,500   ECS - CASH TRANSFER - ADVANCES PAY. 60,000
  ECS - BUDGET RECEIPTS - EARNED REIMB. 5,000
  ECS - BUDGET RECEIPTS - BONDS PAY. 28,500 93,500
 
  TOTAL ASSETS AND ECS 673,200
       
  LIABILITIES & GOVERNMENT EQUITY
  LIABILITIES:
  ACCOUNTS PAYABLE 15,000
  BONDS PAYABLE 26,000
  PREM. ON BONDS PAYABLE 2,450
  ADVANCES PAYABLE 40,000
  SALARY PAYABLE 3,000
  TOTAL LIABILITIES 86,450
 
  GOVERNMENT EQUITY:
  CURRENT FISCAL YEAR BUDGET
  UNAPPORTIONED BUDGET 2,500
  CURRENT QUARTER BUDGET 9,300
  SUBSEQUENT QUARTERS BUDGET 485,000
  BUDGET RESERVE - CONTINGENCY

COMMITMENTS

24,650
5,000
  UNPAID OBLIGATIONS 17,300
  EXPENDED BUDGET (CFY) 168,750
  TOTAL BUDGET RESOURCES 712,500
  LESS:
  ANTICIPATED TREASURY WARRANT - 10,000
  ANTICIPATED BUDGET RECPT- REIMB.  -   9,000
  TOTAL FUNDED CFY BUDGET 693,500
 
  PRIOR FISCAL YEAR (PFY) BUDGETS:
EXPENDED BUDGETS (PFY) 0
Copyright 1999  Larry Fisher   TOTAL FUNDED CFY & PFY BUDGETS 693,500
  RETAINED INCOME / EXPENSE       -106,750      1/          
  TOTAL GOVERNMENT EQUITY 586,750
 
  TOTAL LIABILITIES & GOV. EQUITY 673,200
 
  1/  See Year 1 - Income / Expense Stmt.