GENERAL FUND

Budget & Financial Update - FY 2022 - March

Overview of March 2022

The following graphs summarize some of the key financial indicators for the General Fund for the YTD through nine months and the current month.

The General Fund is comprised of the NOVA Parks Headquarters and Central Maintenance functions. The main source of revenue is Appropriations from Member Jurisdictions. The General Fund through the first nine months has a net loss of $595,219 which is on target with the YTD budget.

In looking at only the month of March, the General Fund usually shows a net loss, as no appropriations are recorded in this month. The net loss of $314,599 is consistent with other recent March performance and is ahead of the budget by $102,587.


YTD Revenues to YTD Budget


YTD Revenues to % of YTD Budget


YTD Revenues to Annual Budgeted Revenues


The above graph shows YTD revenue compared to revenue budgeted for the total year.

YTD Expenses to YTD Budget


YTD Expenses to % of YTD Budget


YTD Expenses to Annual Budgeted Expenses


The above graph shows YTD expenses compared to expenses budgeted for the total year.


In looking at only the month of March, the General Fund usually shows a net loss, as no appropriations are recorded in this month. The net loss of $314,599 is consistent with other recent March performance and is ahead of the budget by $102,587.

General Fund Revenues - One Month


General Fund Expenses - One Month