Monthly General Fund Budget Schedule

Section 4.15 - TRANS Agreement - Budgeted Revenues Covenant FOR THE PERIOD ENDED NOVEMBER 30, 2014 REVENUES: ACTUAL REVENUES YEAR TO DATE $ 2,901,538 $2,933,958 BUDGETED REVENUES YEAR TO DATE SHORTFALL IN ACTUAL REVENUES (VERSUS BUDGETED REVENUES) $ 32,420 ANNUAL BUDGETED REVENUES DEBT COVENANT THRESHOLDS- SECTION 4.15 "BUDGETED REVENUES"- SHORTFALL IN ACTUAL REVENUES THRESHOLDS: $ 9,565,000 DEBT COVENANT 1 5.00% OF THE BUDGETED REVENUES YEAR TO DATE $146,698 DEBT COVENANT 2 3.00% OF ANNUAL BUDGETED REVENUES $286,950 The Commonwealth is in compliance with the Section 4.15 of the TRANS Agreement Budgeted Revenues Covenant. 7

View entire presentation