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6. b) EDA Budget SummaryYTD Actual 2018 2019 5/30/2020 2020 2021 EDA - Fund 225 REVENUES Taxes - 4,623 - 5,000 5,000 0% Grants - 7,892 - - - 0% Interest earnings 20,000 - - - - 0% Transfers In - - - - - 0% TOTAL REVENUES 20,000 12,515 - 5,000 5,000 0% EXPENSES Economic Development 356 10,442 325 800 250 Miscellaneous - 507 - - 1,150 Transfer out - - - - - 0% TOTAL EXPENSES 356 10,949 325 800 1,400 75% 19,644 1,566 (325) 4,200 3,600 -14% EXPLANATION OF CHANGE Actual Budget No Major changes compared to prior yeaer budget. STATEMENT OF REVENUES AND EXPENDITURES - SUMMARY BUDGET - ECOMOMIC DEVELOPMENT AUTHORITY FUND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 2018 AND 2019, PERIOD TO DATE MAY 31, 2020 AND BUDGET FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2021 CHANGE IN NET POSITION