Page 114 - Cover 3.psd

FISCAL YEAR 2018-2019
SCHEDULE 5 - SUMMARY OF REVENUES AND EXPENDITURES

GENERAL DEBT SERVICE FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2015/16 FY 2016/17 FY 2017/18 FY 2017/18 FY 2018/19
REVENUES
General Debt Service Taxes $8,391,108 $9,674,703 $10,683,052 $10,683,052 $11,315,208
SUB-TOTAL AD VALOREM TAXES $8,391,108 $9,674,703 $10,683,052 $10,683,052 $11,315,208
Transfer in From:
Drainage Utility $553,789 $373,018 $362,674 $362,674 $261,139
Park & Rec. Facilities Dev. Corp 329,055 320,393 627,685 627,685 524,550
Fleet Services Fund 480,406 448,414 0 0 0
Facilities Services Fund 27,399 26,193 0 0 0
Donations Fund 34,849 41,400 0 0 0
SUB-TOTAL TRANSFER IN $1,425,498 $1,209,418 $990,359 $990,359 $785,689

Proceeds
Bond Issuance Proceeds $1,046,865 $1,754,180 $0 $0 $0
Interest Income 15,418 8,415 6,500 4,152 4,152
City of Watauga, CIP Participation 82,853 82,853 82,853 82,853 82,853
Miscellaneous Revenues 31 1,092 0 0 0
Transfer In 2,424,790 607,721 0 0 0
Appropriation of Fund Balance 581,736 0 0 2,348 0
SUB-TOTAL OTHER $4,151,693 $2,454,260 $89,353 $89,353 $87,005

TOTAL REVENUES $13,968,299 $13,338,381 $11,762,764 $11,762,764 $12,187,902
EXPENDITURES

Existing Bonds & C.O.'s $12,641,854 $11,539,266 $11,724,765 $11,724,765 $12,146,203
Issuance Costs / Paying Agent Fees 45,517 93,288 37,999 37,999 41,699
Bond Defeaseance / Refunding 1,020,134 1,682,019 0 0 0
TOTAL EXPENDITURES $13,707,505 $13,314,573 $11,762,764 $11,762,764 $12,187,902

BALANCE $260,794 $23,809 $0 $0 $0

110