Page 129 - Azle City Budget 2019
P. 129
City of Azle
General Obligation Debt Service Fund
Summary of Revenues and Expenditures
FY 17-18 FY 17-18 FY 18-19 FY 18-19 FY 18-19
Budget Estimate Proposed CM Rec. Approved
Beginning Balance 88,532 88,532 97,232 97,232 97,232
Revenue
Ad Valorem Taxes 812,327 812,327 814,389 814,389 814,389
Penalty & Interest 5,000 5,000 5,000 5,000 5,000
Delinquent Tax Revenue 8,500 14,500 8,500 8,500 8,500
Interest Earnings 1,800 4,500 4,500 4,500 4,500
827,627 836,327 832,389 832,389 832,389
Expenditures
Principal 455,000 455,000 473,333 473,333 473,333
Interest 368,627 368,627 355,056 355,056 355,056
Agent Fees 4,000 4,000 4,000 4,000 4,000
827,627 827,627 832,389 832,389 832,389
Ending Balance 88,532 97,232 97,232 97,232 97,232
City of Azle 2018-2019 Budget 117
