E-3

BOROUGH OF SOMERVILLE

PARKING UTILITY FUND

STATEMENT OF EXPENDITURES - REGULATORY BASIS

FOR THE YEAR ENDED DECEMBER 31, 2022

APPROPRIATIONS EXPENDED
BUDGET BUDGET AFTER
MODIFICATION
PAID OR
CHARGED
ENCUMBERED RESERVED
Operating:
Salaries and Wages $180,000.00 $180,000.00 $111,380.52 $68,619.48
Other Expenses 470,000.00 470,000.00 194,983.33 $90,667.09 184,349.58
Capital Improvements:
Capital Improvement Fund 50,000.00 50,000.00 50,000.00
Statutory Expenditures:
Contributions to:
Public Employees' Retirement System 25,000.00 25,000.00 25,000.00
Social Security System (O.A.S.I.) 10,000.00 10,000.00 10,000.00
$735,000.00 $735,000.00 $391,363.85 $90,667.09 $252,969.06
REF. E-2 E-1 E-4 E E