|
City issued improvement bonds with a principal of $660,000.00.
<br />BUDGET:
<br />DEBT SERVICE FUNDS SUMMARY
<br />REVENUE BUDGET 12/19/2023 12/11/2024 12/17/2024
<br />ACCT. 2021 2022 2023 2024 2024 2025 %
<br /># ACCOUNT DESCRIPTION ACTUAL ACTUAL ACTUAL ADOPTED ACTUAL ADOPTED CHANGE
<br />PROPERTY TAXES
<br />31001 CURRENT TAXES
<br />$87,409
<br />$83,448
<br />$81,268
<br />$81,554
<br />$41,311
<br />$83,736 2.68%
<br />31002 DELINQUENTTAXES
<br />2
<br />49
<br />703
<br />0
<br />439
<br />0 0.00%
<br />31003 FISCAL DISPARITY TAX
<br />2,472
<br />2,069
<br />2,111
<br />0
<br />1,225
<br />0 0.00%
<br />31004 PENALTIES & INTEREST
<br />0
<br />960
<br />0
<br />0
<br />0
<br />0 0.00%
<br />TOTAL PROPERTY TAXES
<br />$89,883
<br />$86,526
<br />$84,082
<br />$81,554
<br />$42,975
<br />$83,736 2.68%
<br />SPECIAL ASSESSMENTS
<br />36101 SPECIAL ASSESSMENTS
<br />61,831
<br />60,203
<br />58,576
<br />55,000
<br />28,475
<br />47,000
<br />-14.55%
<br />36102 DELINQUENT SPECIAL ASSESSMENTS
<br />221
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />36103 PENALTIES & INTEREST
<br />0
<br />11
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />36104 SPECIAL ASSESSMENTS - PREPAID/SNR
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL FINES & FORFEITS
<br />$62,052
<br />$60,214
<br />$58,576
<br />$55,000
<br />$28,475
<br />$47,000
<br />-14.55%
<br />MISCELLANEOUS
<br />36210 INTEREST EARNINGS
<br />39000 MISCELLANEOUS
<br />39200 BOND PROCEEDS
<br />39300 TRANSFERS IN
<br />0
<br />0
<br />0
<br />0
<br />(4,464)
<br />0
<br />0
<br />0
<br />6,460
<br />0
<br />0
<br />0
<br />2,230
<br />0
<br />0
<br />0
<br />2,323
<br />0
<br />0
<br />0
<br />2,300
<br />0
<br />0
<br />0
<br />3.14%
<br />0.00%
<br />0.00%
<br />0.00%
<br />TOTAL MISCELLANEOUS
<br />$0
<br />($4,464)
<br />$6,460
<br />$2,230
<br />$2,323
<br />$2,300
<br />3.14%
<br />TOTAL REVENUES
<br />$151,935
<br />$142,276
<br />$149,118
<br />$138,784
<br />$73,773
<br />$133,036
<br />-4.14%
<br />EXPENDITURE BUDGET
<br />CAPITAL OUTLAY
<br />601
<br />BOND PRINCIPAL
<br />95,000
<br />105,000
<br />105,000
<br />105,000
<br />105,000
<br />105,000
<br />0.00%
<br />602
<br />BOND INTEREST
<br />34,065
<br />31,659
<br />29,029
<br />26,301
<br />26,301
<br />23,476
<br />-10.74%
<br />603
<br />FISCAL AGENT FEES
<br />1,800
<br />1,900
<br />4,995
<br />2,400
<br />850
<br />2,400
<br />0.00%
<br />701
<br />MISCELLANEOUS
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />720
<br />TRANSFERS OUT
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL CAPITAL OUTLAY
<br />$130,865
<br />$138,559
<br />$139,024
<br />$133,701
<br />$132,151
<br />$130,876
<br />-2.11%
<br />TOTAL EXPENDITURES
<br />$130,865
<br />$138,559
<br />$139,024
<br />$133,701
<br />$132,151
<br />$130,876
<br />-2.11%
<br />FUNDBALANCE- JANUARY 1 $211,783 $232,853 $236,570 $246,664 r $211,783 $153,405
<br />EXCESS REVENUE OVER EXPENDITURES $21,070 $3,717 $10,094 $5,083 ($58,378) $2,160
<br />FUND BALANCE -DECEMBER31 $232,853 $236,570 $246,664 $251,747 $153,405 $155,565-38.21%
<br />35
<br />
|