City of Eugene, Oregon C-'4 <br />Library Local Option Levy Fund <br />Schedule of Revenues, Expenditures, and Changes in Fund Balance -Budget and Actual <br />For the fiscal year ended June 30, 2008 <br />(amounts in dollars) <br /> Actual <br /> Budget GAAP <br /> Budget basis Adjustment basis <br />Revenues <br />Taxes 2,668,533 2,589,598 0 2,589,598 <br />Rental income 18,000 19,372 0 19,372 <br />Miscellaneous 70,500 57,023 2,621 59,644 <br />Total revenues ?.757,033 2,665,993 2.621 2.668.614 <br />Expenditures <br />Current -departmental: <br />Library, recreation, and cultural services 4,114,891 4,013,480 53,081 4,066,561 <br />Total expenditures 4.114,891 4,013,4801 53;0£31 4.066,561 <br />Excess (deficiency) of <br />revenues over expenditures (1,357,858) (1,347,487) (50,460) (1,397,947) <br />Total other financing sources (uses) 0 0 0 0 <br />Net change in fund balance (1,357,858) (1,347,487) (50,460) (1,397,947) <br />Fund balance, July 1, 2007 1,612,568 1,612,568 98,994 1,711,562 <br />Fund balance. June 30. 2008 254,710 265.031 48.534 313,615 <br />86 <br />