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                                                                                                                               City of Muskegon
                                                                                                                Non-Major Special Revenue Funds

                                                                                             STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
                                                                                                            IN FUND BALANCES - BUDGET AND ACTUAL

                                                                                                                   Year Ended December 31, 2003


                                                                            Budget Stabilization Fund                                                              Criminal Forfeitures Fund                                                             Land Reutilization
                                                                                                                   Variance-                                                                          Variance-                                                                         Variance-
                                                          Amended                                                   Positive                      Amended                                              Positive                   Amended                                                Positive
                                                            Budget                     Actual                     (Negative)                       Budget                     Actual                 (Negative)                    Budget                       Actual                 (Negative)

Revenues
   Federal grants                                                           -
                                                        $                                             -
                                                                                  $                                                  -
                                                                                                                $                                                   -
                                                                                                                                               $                                              -
                                                                                                                                                                         $                                                -
                                                                                                                                                                                                   $                                                -
                                                                                                                                                                                                                               $                                                -
                                                                                                                                                                                                                                                           $                                                -
                                                                                                                                                                                                                                                                                     $                    
   Charges for services                                                     -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                                    -
                                                                                                                                                                                              -
                                                                                                                                                                                                                          -
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           
   Interest income                                                          -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                               1,800
                                                                                                                                                                                         1,880
                                                                                                                                                                                                                         80
                                                                                                                                                                                                                                               400
                                                                                                                                                                                                                                                                           414
                                                                                                                                                                                                                                                                                                       14
                                                                                                                                                                                                                                                                                                        
   Other                                                                    -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                             38,100
                                                                                                                                                                                       38,064
                                                                                                                                                                                                                    (36)
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           
Total revenues                                                              -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                             39,900
                                                                                                                                                                                       39,944
                                                                                                                                                                                                                         44
                                                                                                                                                                                                                                               400
                                                                                                                                                                                                                                                                           414
                                                                                                                                                                                                                                                                                                       14
                                                                                                                                                                                                                                                                                                        

Expenditures
   Current
      Public safety                                                         -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                               2,000
                                                                                                                                                                                         1,971
                                                                                                                                                                                                                         29
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           
      Other governmental functions                                          -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                                    -
                                                                                                                                                                                              -
                                                                                                                                                                                                                          -
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           
Total expenditures                                                          -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                               2,000
                                                                                                                                                                                         1,971
                                                                                                                                                                                                                         29
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           

   Excess (deficiency) of revenues over expenditures                        -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                             37,900
                                                                                                                                                                                       37,973
                                                                                                                                                                                                                         73
                                                                                                                                                                                                                                               400
                                                                                                                                                                                                                                                                           414
                                                                                                                                                                                                                                                                                                       14
                                                                                                                                                                                                                                                                                                        

Other financing sources (uses)
   Transfers in                                                             -
                                                                                                      -
                                                                                                                                     -
                                                                                                                                                                    -
                                                                                                                                                                                              -
                                                                                                                                                                                                                          -
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           
   Transfers out                                                   (400,000)
                                                                                             (500,000)
                                                                                                                       (100,000)
                                                                                                                                                                    -
                                                                                                                                                                                              -
                                                                                                                                                                                                                          -
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           
Total other financing sources (uses)                               (400,000)
                                                                                             (500,000)
                                                                                                                       (100,000)
                                                                                                                                                                    -
                                                                                                                                                                                              -
                                                                                                                                                                                                                          -
                                                                                                                                                                                                                                                    -
                                                                                                                                                                                                                                                                                -
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           

   Excess (deficiency) of revenues and other
    sources over expenditures and other uses                       (400,000)
                                                                                             (500,000)
                                                                                                                       (100,000)
                                                                                                                                                             37,900
                                                                                                                                                                                       37,973
                                                                                                                                                                                                                         73
                                                                                                                                                                                                                                               400
                                                                                                                                                                                                                                                                           414
                                                                                                                                                                                                                                                                                                       14
                                                                                                                                                                                                                                                                                                        

Fund balances at beginning of year                           2,000,000
                                                                                       2,000,000
                                                                                                                                     -
                                                                                                                                                        107,007
                                                                                                                                                                                  107,007
                                                                                                                                                                                                                          -
                                                                                                                                                                                                                                          23,162
                                                                                                                                                                                                                                                                      23,162
                                                                                                                                                                                                                                                                                                            -
                                                                                                                                                                                                                                                                                                           

Fund balances at end of year                                 1,600,000
                                                        $                              1,500,000
                                                                                  $                                    (100,000)
                                                                                                                $                                       144,907
                                                                                                                                               $                                  144,980
                                                                                                                                                                         $                                               73
                                                                                                                                                                                                   $                                      23,562
                                                                                                                                                                                                                               $                                      23,576
                                                                                                                                                                                                                                                           $                                           14
                                                                                                                                                                                                                                                                                     $                 



                                                                                                                               City of Muskegon
                                                                                                                Non-Major Special Revenue Funds

                                                                                             STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
                                                                                               IN FUND BALANCES - BUDGET AND ACTUAL - CONTINUED

                                                                                                                   Year Ended December 31, 2003


                                                                                  Tree Replacement Fund                                                                 Enterprise Community Fund                                                        L. C. Walker Arena Fund
                                                                                                                   Variance-                                                                                 Variance-                                                                     Variance-
                                                           Amended                                                  Positive                             Amended                                              Positive                 Amended                                              Positive
                                                             Budget                        Actual                 (Negative)                               Budget                    Actual                 (Negative)                  Budget                     Actual                 (Negative)

Revenues
   Federal grants                                                      4,000
                                                        $                                            4,000
                                                                                      $                                                     -
                                                                                                                $                                                86,000
                                                                                                                                                      $                                              -
                                                                                                                                                                                $                                  (86,000)
                                                                                                                                                                                                          $                                              -
                                                                                                                                                                                                                                    $                                              -
                                                                                                                                                                                                                                                              $                                              -
                                                                                                                                                                                                                                                                                        $                    
   Charges for services                                                1,000
                                                                                                     1,047
                                                                                                                                      47
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                             595,000
                                                                                                                                                                                                                                                                       597,287
                                                                                                                                                                                                                                                                                                     2,287
                                                                                                                                                                                                                                                                                                      
   Interest income                                                        200
                                                                                                        157
                                                                                                                                     (43)
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                                     1,000
                                                                                                                                                                                                                                                                              1,331
                                                                                                                                                                                                                                                                                                          331
                                                                                                                                                                                                                                                                                                         
   Other                                                                     -
                                                                                                           -
                                                                                                                                            -
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                                     1,400
                                                                                                                                                                                                                                                                              3,066
                                                                                                                                                                                                                                                                                                     1,666
                                                                                                                                                                                                                                                                                                      
Total revenues                                                         5,200
                                                                                                     5,204
                                                                                                                                    4
                                                                                                                                                                 86,000
                                                                                                                                                                                                     -
                                                                                                                                                                                                                   (86,000)
                                                                                                                                                                                                                                             597,400
                                                                                                                                                                                                                                                                       601,684
                                                                                                                                                                                                                                                                                                     4,284
                                                                                                                                                                                                                                                                                                      

Expenditures
   Current
      Public safety                                                          -
                                                                                                           -
                                                                                                                                            -
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                                         -
                                                                                                                                                                                                                                                                                   -
                                                                                                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                                                                                              
      Other governmental functions                                     1,000
                                                                                                        400
                                                                                                                                600
                                                                                                                                                                 86,000
                                                                                                                                                                                                     -
                                                                                                                                                                                                                         86,000
                                                                                                                                                                                                                                             929,000
                                                                                                                                                                                                                                                                       928,571
                                                                                                                                                                                                                                                                                                          429
                                                                                                                                                                                                                                                                                                         
Total expenditures                                                     1,000
                                                                                                        400
                                                                                                                                600
                                                                                                                                                                 86,000
                                                                                                                                                                                                     -
                                                                                                                                                                                                                         86,000
                                                                                                                                                                                                                                             929,000
                                                                                                                                                                                                                                                                       928,571
                                                                                                                                                                                                                                                                                                          429
                                                                                                                                                                                                                                                                                                         

   Excess (deficiency) of revenues over expenditures                   4,200
                                                                                                     4,804
                                                                                                                                604
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                           (331,600)
                                                                                                                                                                                                                                                                     (326,887)
                                                                                                                                                                                                                                                                                                     4,713
                                                                                                                                                                                                                                                                                                      

Other financing sources (uses)
   Transfers in                                                              -
                                                                                                           -
                                                                                                                                            -
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                             330,000
                                                                                                                                                                                                                                                                       330,000
                                                                                                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                                                                                              
   Transfers out                                                             -
                                                                                                           -
                                                                                                                                            -
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                                         -
                                                                                                                                                                                                                                                                                   -
                                                                                                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                                                                                              
Total other financing sources (uses)                                         -
                                                                                                           -
                                                                                                                                            -
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                             330,000
                                                                                                                                                                                                                                                                       330,000
                                                                                                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                                                                                              

   Excess (deficiency) of revenues and other
    sources over expenditures and other uses                           4,200
                                                                                                     4,804
                                                                                                                                604
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                                  (1,600)
                                                                                                                                                                                                                                                                              3,113
                                                                                                                                                                                                                                                                                                     4,713
                                                                                                                                                                                                                                                                                                      

Fund balances at beginning of year                                     7,630
                                                                                                     7,630
                                                                                                                                            -
                                                                                                                                                                           -
                                                                                                                                                                                                     -
                                                                                                                                                                                                                               -
                                                                                                                                                                                                                                                  34,476
                                                                                                                                                                                                                                                                            34,476
                                                                                                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                                                                                              

Fund balances at end of year                                       11,830
                                                        $                                        12,434
                                                                                      $                                         604
                                                                                                                $                                                          -
                                                                                                                                                      $                                              -
                                                                                                                                                                                $                                              -
                                                                                                                                                                                                          $                                       32,876
                                                                                                                                                                                                                                    $                                       37,589
                                                                                                                                                                                                                                                              $                                      4,713
                                                                                                                                                                                                                                                                                        $