VILLAGE OF GRAFTON NOTES TO FINANCIAL STATEMENTS As of and for the Year Ended December 31, 2016 NOTE II - STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY A. EXCESS EXPENDITURES AND OTHER FINANCING USES OVER APPROPRIATIONS Fund Budgeted Expenditures Actual Expenditures Excess Expenditures Over Budget Debt Service Fund Interest and fiscal charges $ 1,020,214 $ 1,020,819 $ (605) Capital Projects Fund Capital outlay 1,819,623 1,850,337 (30,714) Capital Project Fund - TID No. 3 General government 42,236 47,973 (5,737) Interest and fiscal charges 15,000 19,948 (4,948) Special Revenue Fund - Woodlawn Cemetery Capital Community enrichment services - 264 (264) Special Revenue Fund - Park and Recreational Facilities Community enrichment services - 40 (40) Special Revenue Fund - Recreation Community enrichment services 86,184 93,432 (7,248) Special Revenue Fund - Acquatics Community enrichment services 141,019 167,446 (26,427) Special Revenue Fund - Fire Department Capital outlay - 803 (803) Special Revenue Fund - Room tax Conservation and development 34,286 40,466 (6,180) Transfers out 150,000 352,991 (202,991) Capital Project Fund - Tax Incremental Financing District 2 General government 6,200 32,020 (25,820) Transfer out 374,727 407,131 (32,404) Contingency - 18,492 (18,492) Capital Project Fund - TID No. 5 General government 9,000 10,026 (1,026) Permanent Fund - Woodlawn Cemetery Perpetual Care Transfer out 190 354 (164) The village controls expenditures at the function level. Some individual functions experienced expenditures which exceeded appropriations. The detail of those items can be found in the village's year- end budget to actual report. 58