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05
Wed, Feb

Part Eight of a series on the Columbia city budget

COLUMBIA, 9/10/10  (Beat Byte) --  Columbia City Hall's Total Fund Balance has nearly tripled, from $179 million in 2000 to $486 million in 2010.  Between 2007 and 2008 alone, the city's Fund Balances jumped a staggering $187 million. 
 
But for seven of those years, City Hall claims it has lost money across several divisions, including the General Fund. 
 
The beating heart of its annual budget, Columbia's Total Fund Balance -- the sum of 27 different funds devoted to various city divisions, from parks to parking -- represents about half its Total Assets, roughly $1.1 billion. 
 

UP!  TOTAL FUND BALANCE, 2000-2010
 
2000:  $179,990,819
2001:  $199,277,056    (up $20 million)  
2002:  $213,452,664    (up $14 million)
2003:  $234,715,680    (up $21 million)
2004:  $239,944,484    (up $5 million)
2005:  $241,907,315    (up $2 million)
2006:  $267,610,372    (up $26 million)
2007:  $268,446,814    (up $1 million)
2008:  $455,029,093    (up $187 million)
2009:  $445,310,387    (down $10 million)
2010:  $486,167,115    (up $41 million)
 
 
City Hall CLAIMED Profits and Losses, 2000-2010
 
2000:  + $ 10,080,671 profit
2001:  + $   6,923,282 profit 
2002:  + $   5,141,561 profit
2003:  + $      713,669 profit
 
2004:  -  $   6,587,839  loss
2005   -  $   8,475,863  loss
2006   -  $   5,183,659  loss
2007:  -  $      932,762  loss
2008   -  $   9,001,164  loss
2009   -  $ 14,590,204  loss
2010:  -  $ 12,521,068  loss
 
 
City of Columbia annual budget reports, 2000-2010
 

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