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Other Budget Information
DEBT SERVICE FUND
FY 2020 Operating Position
Actual Budgeted Estimated Adopted
FY 2018 FY 2019 FY 2019 FY 2020
BEGINNING BALANCE $ 2,118,210 $ 2,715,838 $ 2,366,783 $ 2,025,286
REVENUES:
Ad Valorem Taxes $ 45,802,885 $ 48,976,217 $ 48,188,877 $ 50,219,975
Premium on Bond Issuance 535,757 350,000 431,711 350,000
Interest and Miscellaneous Revenue 440,660 433,055 481,290 562,972
TOTAL REVENUES $ 46,779,302 $ 49,759,272 $ 49,101,878 $ 51,132,947
INTERFUND TRANSFERS:
TIRZ 5 $ 1,952,457 $ 2,384,803 $ 2,489,821 $ ‐
TOTAL INTERFUND TRANSFERS $ 1,952,457 $ 2,384,803 $ 2,489,821 $ ‐
TOTAL AVAILABLE FUNDS $ 50,849,969 $ 54,859,913 $ 53,958,482 $ 53,158,233
EXPENDITURES:
Principal / Interest Payments $ 47,829,303 $ 51,586,785 $ 51,358,484 $ 50,127,935
Issuance Fees 614,128 350,000 531,712 727,000
Agent Fees 39,755 55,000 43,000 48,000
TOTAL EXPENDITURES $ 48,483,186 $ 51,991,785 $ 51,933,196 $ 50,902,935
ENDING BALANCE $ 2,366,783 $ 2,868,128 $ 2,025,286 $ 2,255,298
Note: Expenditures for FY 2019 include the Radio System lease which is paid for by the transfer in from TIRZ 5.
2020 Adopted Budget and Business Plan 239 City of Arlington, Texas
