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VILLAGE OF GOWANDA, NEW YORK
Statement of Revenues, Expenditures and Changes in Fund Balances -
Budget and Actual - Sewer Fund
For the Year Ended May 31, 2025
Budgeted Amounts
Variance with
Original Final Actual Final Budget
REVENUES
Departmental Income $ 337,500 337,500 351,757 14,257
Intergovernmental Charges 661,767 661,767 671,205
Use of Money and Property 20,600 20,600 34,197. 13,597
Sale of Property and Compensation for Loss - 29,247 29,257 10
Total Revenues 1,019,867 1,049,114 1,086,416 27,864
EXPENDITURES
Current:
General Government Support 39,760 39,760 38,794 (966)
Home Community and Services 910,257 939,504 681,888 (257,616)
Employee Benefits 119,850 119,850 109,658 (10,192)
Debt Service:
Principal
Total Expenditures 1,069,867 1,099,114 830,340 {268,774}
Excess (Deficiency) of Revenues
Over Expenditures (50,000) (50,000) 256,076 296,638
Net Changes-in Fund Balances ~ (50,000) (50,000) 256,076 296,638
Fund Balances - Beginning 816,138 816,138 816,138 -
Fund Balances - Ending $ 766,138 766,138 1,072,214 296,638
The accompanying independent auditors' report should be read in conjunction with these statements.
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