E-3

BOROUGH OF SOMERVILLE

PARKING UTILITY FUND

STATEMENT OF EXPENDITURES - OPERATING FUND

REGULATORY BASIS

YEAR ENDED DECEMBER 31, 2021

EXPENDED
BUDGET BUDGET AFTER
MODIFICATION
PAID OR
CHARGED
ENCUMBERED RESERVED
Operating:
Salaries and Wages $180,000.00 $180,000.00 $101,211.58 $78,788.42
Other Expenses 422,500.00 422,500.00 244,719.06 $104,373.58 73,407.36
Statutory Expenditures:
Contribution to:
Public Employee's Retirement System 12,000.00 12,000.00 12,000.00
Social Security System (O.A.S.I.) 10,000.00 10,000.00 10,000.00
Total Parking Utility Appropriations $624,500.00 $624,500.00 $367,930.64 $104,373.58 $152,195.78
Ref. E-2 E-2 E-1,E-4 E,E-1 E