|
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 />304 2015 REFUNDING BOND (FORMERLY 2007 CAPITAL IMPROVEMENT PLAN BONDS)
<br />REVENUE BUDGET
<br />12/17/2024
<br />11/30/2025
<br />12/16/2025
<br />ACCT.
<br />2022
<br />2023
<br />2024
<br />2025
<br />2025
<br />2026
<br />%
<br /># ACCOUNT DESCRIPnON
<br />ACTUAL
<br />ACTUAL
<br />ACTUAL
<br />ADOPTED
<br />ACTUAL
<br />ADOPTED
<br />CHANGE
<br />PROPERTY TAXES
<br />31001 CURRENT TAXES
<br />$75,984
<br />$74,767
<br />$73,471
<br />$79,711
<br />$40,163
<br />$75,580
<br />-5.18%
<br />31002 DELINQUENTTAXES
<br />45
<br />700
<br />115
<br />0
<br />517
<br />0
<br />0.00%
<br />31003 FISCAL DISPARITIES TAXES
<br />1,885
<br />1,941
<br />2,142
<br />0
<br />1,420
<br />2,183
<br />0.00%
<br />31004 PENALTIES & INTEREST
<br />960
<br />0
<br />(44)
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL FINES & FORFEfTS
<br />$78,874
<br />$77,408
<br />$75,684
<br />$79,711
<br />$42.100
<br />$77.763
<br />-2.44%
<br />MISCELLANEOUS
<br />36210 INTEREST EARNINGS
<br />39100 BOND PROCEEDS
<br />39200 TRANSFERS IN
<br />(2,900)
<br />0
<br />0
<br />3,848
<br />0
<br />0
<br />3,393
<br />0
<br />0
<br />1,300
<br />0
<br />0
<br />1,462
<br />0
<br />0
<br />2,732
<br />0
<br />0
<br />110.15%
<br />0.00%
<br />0.00%
<br />TOTAL MISCELLANEOUS
<br />($2,900)
<br />$3,848
<br />$3,393
<br />$1,300
<br />$1,462
<br />$2,732
<br />110.15%
<br />TOTAL REVENUES
<br />$75,974
<br />$81.256
<br />$79,077
<br />$81,011
<br />$43,562
<br />$80,495
<br />-0.64%
<br />EXPENDITURE BUDGET
<br />CAPITAL OUTLAY
<br />600 BOND PRINCIPAL
<br />$65,000
<br />$65,000
<br />$65,000
<br />$65,000
<br />$65,000
<br />$70,000
<br />7.69%
<br />610 BOND INTEREST
<br />11,359
<br />9,929
<br />8,401
<br />6,776
<br />6,776
<br />4,988
<br />-26.39%
<br />620 FISCAL AGENT FEES
<br />950
<br />2,495
<br />425
<br />1,200
<br />3,500
<br />1,500
<br />25.00%
<br />720 TRANSFERS OUT
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL CAPITAL OUTLAY
<br />$77,309
<br />$77,424
<br />$73,826
<br />$72,976
<br />$75,276
<br />$76,488
<br />4.81%
<br />TOTAL EXPENDITURES
<br />$77.309
<br />$77.424
<br />$73,826
<br />$72,976
<br />$75,276
<br />$76.488
<br />4.81%
<br />FUND BALANCE- JANUARY 1 $136.134 $136,134 $139,966 $145.217 ' $145,217 $113.503
<br />EXCESS REVENUE OVER EXPENDITURES ($1,335) $3,832 $5,251 $8,035 ($31,714) $4,007
<br />FUND BALANCE -DECEINBER31 $134,799 $139,966 $145,217 $153,252 $113,503 $117,510-23.32%
<br />37
<br />
|