CRA Annual Report 20/21 | Page 46

City of Port St . Lucie , Florida Community Redevelopment Agency Statement of Revenues , Expenditures , and Changes in Fund Balances Governmental Fund For the Year Ended September 30 , 2021
Community Redevelopment Agency Fund
Revenues Intergovernmental
$
2,316,697
Interest income
187
Other
15,048
Total revenues
2,331,932
Expenditures
Current
Economic environment
1,148,602
Capital outlay
115,326
Debt Service
Principal
3,585,000
Interest
1,293,125
Total expenditures
6,142,053
Other financing sources ( uses )
Transfers in
1,862,946
Transfers out
( 960 )
Proceeds from sale of assets
1,800,000
Total other financing sources ( uses ) 3,661,986
Net change in fund balances
( 148,135 )
Fund balances , beginning of year 243,959
Fund balances , end of year $ 95,824
The notes to the financial statements are an integral part of this statement . 12