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BUDGET COMMENTARY-
<br />This.fund will receive its revenue from a property tax levy..
<br />Annual debt service payments are the only expenditures budgeted. in this fund.
<br />The 2007 Capital Improvement. Plan Bonds were advance refunded. by the 2015 General Obligation
<br />Refunding Bonds for principal beginning in 2017.
<br />BUDGET:
<br />REVENUE BUDGET
<br />12/17/2019
<br />121/712019
<br />p
<br />mV
<br />2018
<br />.2019
<br />1112.1/10
<br />2020
<br />%
<br /># ACCOUNT DESCRIPTION
<br />ACTUAL
<br />ACTUAL
<br />ADOPTED
<br />ACTUAL
<br />ADOPTED
<br />CHANGE .
<br />PROPERTY TAXES
<br />31001 CURRENT TAXES
<br />$73.850
<br />$62,965
<br />VT089
<br />$38,708
<br />$74,808
<br />-4.08%
<br />31002 DELN QUENT TAXES
<br />441
<br />2,490
<br />0
<br />139
<br />0
<br />0.00%
<br />31003 FISCAL DISPARMES.TAXE5
<br />1,001
<br />1,154.
<br />0
<br />1,151
<br />2,110
<br />31604 PENALTIES & IEVFERES-r
<br />0.
<br />(31)
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL FINES & FORFEITS
<br />$75,292
<br />$86.579
<br />.$77,989
<br />$39,998
<br />$76;918
<br />-1.37%
<br />MOCELLANE OUS
<br />36210 INTEREST EARNINGS
<br />640.
<br />:678
<br />1.;170
<br />446
<br />500
<br />-57.26%
<br />39100. BOND PROCEEDS
<br />.0
<br />1,622
<br />0
<br />0
<br />0
<br />O.Qo%:
<br />39200 TRANSFERS IN.
<br />0
<br />0
<br />0.
<br />0
<br />4
<br />0.0M
<br />j-
<br />4, TOTAL MISCELLANEOUS
<br />$Q40
<br />.$2,300
<br />$1,170
<br />$446
<br />$500
<br />-57:2fi°I6
<br />TOTAL REVENUES $75,932 $88,878 $79,1:59 $40,444 $77,418
<br />FXPE NDFTURE BUDGET
<br />CAPITAL OUTLAY
<br />600 BOND PRINCIPAL
<br />$50,000
<br />$60,000
<br />$65.000
<br />$65,000
<br />$60,000
<br />-7.69%
<br />610 BOND INTEREST
<br />16,505
<br />15,75.5
<br />14,828
<br />14,828
<br />13,765
<br />-7.17%
<br />620 FISCAL AGENT FEES
<br />550
<br />2,071
<br />650
<br />575.
<br />fi00
<br />9.o9°IQ
<br />720 TRANSFERS ClUT
<br />0
<br />6
<br />0
<br />0.
<br />0.
<br />0.00%
<br />TOTAL CAPITAL: OUTLAY
<br />$77,05.5
<br />$77,825.
<br />$8.0,378.
<br />$80,403
<br />$7055
<br />=7.40%
<br />TOTAL EXPE NDrruRE s $77.,055 $77,826 . $80.378 : $60,403 $741365-7;48°Io
<br />FUND BALANCE- JANUARY 1 $121,.015 $119092 VW944 7 $130.944 $94;985
<br />EXCESS.REV ENUEOVEREXPENDITURES ($1,123) $11,052 ($1,219). ($39,959). $3,053
<br />FUND 13ALANCE-050 ME3ER.31 09,892 $130,944 $129,725 $90,985 $94,038-27:51°I°
<br />39:
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