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BUDGET COMMENTARY:
<br />This fund will receive its revenue from
<br />a property tax levy and special assessments.
<br />Annual debt service payments are the only expenditures budgeted in this
<br />fund.
<br />BUDGET:
<br />305 20181MPROVEMENT BONDS
<br />REVENUE BUDGET
<br />12/19/2023
<br />12/11/2024
<br />12/17/2024
<br />ACCT.
<br />2021
<br />2022
<br />2023
<br />2024
<br />2024
<br />2025
<br />%
<br /># ACCOUNT DESCRIPTION
<br />ACTUAL
<br />ACTUAL
<br />ACTUAL
<br />ADOPTED
<br />ACTUAL
<br />ADOPTED
<br />CHANGE
<br />PROPERTY TAXES
<br />31001 CURRENT TAXES
<br />$8,811
<br />$7,464
<br />$6,501
<br />$5,285
<br />$2,710
<br />$4.025
<br />-23.84%
<br />31002 DELINQUENT TAXES
<br />0
<br />4
<br />3
<br />0
<br />34
<br />0
<br />0.00%
<br />31003 FISCAL DISPARITIES TAXES
<br />249
<br />184
<br />170
<br />0
<br />81
<br />0
<br />0.00%
<br />31004 PENALTIES & INTEREST
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL FINES & FORFEITS
<br />$9,060
<br />$7,652
<br />$6.674
<br />$5,285
<br />$2,825
<br />$4,025
<br />-23.84%
<br />SPECIAL ASSESSMENTS
<br />36101 SPECIAL ASSESSMENTS - CURRENT
<br />61,831
<br />60.203
<br />58,576
<br />55,000
<br />$28,475
<br />47,000
<br />-14.55%
<br />36102 SPECIAL ASSESSMENTS - DELINQUENT
<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 />342
<br />(1,564)
<br />2,612
<br />945
<br />1,042
<br />1,000
<br />5.82%
<br />39100 BOND PROCEEDS
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />39200 TRANSFERS IN
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL MISCELLANEOUS
<br />$342
<br />($1,564)
<br />$2,612
<br />$945
<br />$1.042
<br />$1,000
<br />5.82%
<br />TOTAL REVENUES
<br />$71,454
<br />$66,302
<br />$67,862
<br />$61,230
<br />$32,342
<br />$52,025
<br />-15.03%
<br />EXPENDITURE BUDGET
<br />CAPITAL OUTLAY
<br />600
<br />BOND PRINCIPAL
<br />$35,000
<br />$40,000
<br />$40,000
<br />$40,000
<br />$40,000
<br />$40,000
<br />0.00%
<br />610
<br />BOND INTEREST
<br />21,425
<br />20,300
<br />19,100
<br />17,900
<br />17,900
<br />16,700
<br />-6.70%
<br />620
<br />FISCAL AGENT FEES
<br />950
<br />950
<br />2,500
<br />1,200
<br />425
<br />1,200
<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 />$57,375
<br />$61,250
<br />$61,600
<br />$59,100
<br />$58,326
<br />$57,900
<br />-2.03%
<br />TOTAL EXPENDITURES
<br />$57,375
<br />$61,250
<br />$61,600
<br />$59,100
<br />$58,325
<br />$57,900
<br />-2.03%
<br />FUNDBALANCE- JANUARY 1 $82,640 $96,719 $101,771 $108,033 ' $82,640 $56,657
<br />EXCESS REV ENUEOVER EXPENDITURES $14,079 $5,052 $6,262 $2,130 ($25,983) ($5,875)
<br />FUNDBALANCE-DECEMBER31 $96,719 $101,771 $108,033 $110,163 $56,657 $50,782-53.90%
<br />39
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