Capital & Facility Acquisition Plan | Page 17

NSSRA Fund Balance Performance (2009 - 2016) As the budget performance and fund balance history shows, NSSRA has been financially responsible in this difficult economy. There are two major reasons for the demonstrated success in the budget and the increase in the fund balance. First, NSSRA was understaffed for most of 2009 – 2010 which created a substantial reduction in expenses. More importantly, since 2009, the staff has a renewed focus on budget execution by continually monitoring the budget to be as efficient and fiscally conservative as possible. Although NSSRA’s budget has not grown dramatically since 2009, NSSRA staff has been successful in outperforming the budget resulting in actual expenses being less than budgeted expenses each year. Budget Expense vs Actual Expense 2009 Budget Expense Revenue Less Expense 2012 Actual Budget Budget 2013 2009 Actual $ 3,393,294 Revenue $ 3,518,957 $ 3,578,253 $ 3,397,261 Expense $ 3,526,976 $ 3,493,182 $ (3,967) $ (8,019) $ 85,071 Revenue Less Expense Budget Change in Fund Balance Disbursement from General Fund Ending Fund Balance Budget $ 3,706,194 $ 3,254,527 $ 3,734,985 $ 3,252,618 $ (28,791) $ 1,909 2014 2010 Actual Actual 2012 Actual Budget $ 3,558,655 $ 3,256,401 $ 3,483,681 $ 3,078,552 $ 177,850 74,974 $ 2009 $ 167,459 $ 177,850 $ - $ 345,309 2010 $ 345,309 $ 101,861 $ - $ 447,170 2015 2011 Budget Budget Actual Actual Actual Bud 2011 $ 447,170 $ (3,967) $ - $ 443,203 General Fund 2012 $ 443,203 $ 85,071 $ - $ 528,274 Budget Budget 2016 2012 Actual Actual Budget Budget Actual Actual Bud $ 3,594,665 3,532,752 3,614,260 3,607,431 3,442,513 $ 3,411,756 $ $ 3,243,431 $ $ 3,460,278 $ $ 3,393,294 $ $ 3,518,957 $ $ 3,389,743 3,578,253 $ 3,70 $ 3,588,443 3,517,474 3,647,586 3,576,947 3,445,425 $ 3,398,071 $ $ 3,141,570 $ $ 3,621,864 $ $ 3,397,261 $ $ 3,526,976 $ $ 3,348,360 3,493,182 $ 3,73 $ (33,326) 30,484 $ 6,222 13,685 $ $ 15,278 101,861 $ $ (161,586) $ $ (3,967) $ $ (2,912) (8,019) $ $ 41,383 85,071 $ (2 General Fund Beginning Fund Balance 2011 Actual $ 3,254,527 $ 3,256,401 $ 3,411,756 $ 3,243,431 $ 3,460,278 $ 3,393,294 $ 3,518,957 $ 3,578,253 $ 3,70 $ 3,252,618 $ 3,078,552 $ 3,398,071 $ 3,141,570 $ 3,621,864 $ 3,397,261 $ 3,526,976 $ 3,493,182 $ 3,73 $ 1,909 $ 177,850 $ 13,685 $ 101,861 $ (161,586) $ (3,967) $ (8,019) $ 85,071 $ (2 Revenue 1 2010 Actual 2013 $ 528,274 $ 74,974 $ - $ 603,248 2014 $ 603,248 $ 15,278 $ 126,000 $ 492,526 2015 $ 492,526 $ 30,484 $ - $ 523,010 2016 $ 523,010 $ 41,383 $ - $ 564,393 Continue on next page. NSSRA Facility Acquisition Plan 17