Page 227 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

DEBT SERVICE FUND
TEN YEAR SUMMARY OF REVENUES AND EXPENDITURES
ACTUAL AND ESTIMATED
FY 2010-11 TO 2019-20

Actual Actual Actual Actual Actual Actual
Revenues by Source 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Ad Valorem Taxes $ 300,526 $ 149,010 $ 156,389 $ 240,054 $ 321,749 $ 409,627
Use of Money & Property - - - - - -
Proceeds from Refunding Bonds 2,755,000 - - - - -
TOTAL REVENUES $ 3,055,526 $ 149,010 $ 156,389 $ 240,054 $ 321,749 $ 409,627

Expenditures by Division

Bond Principal Maturities
General Obligation Bonds $ 775,000 $ 685,000 $ 980,000 $ 3,635,000 $ 1,225,000 $ 1,260,000
Certificates of Obligation - 145,000 - - - -
Capitalized Leases - - - - - -
Other Long-Term Notes - - - - - -
Miscellaneous Expenses - - - - - -
Interest 575,905 420,622 434,133 361,393 294,296 234,807
Agent Fees and Other Expenditures 3,800 21,575 3,800 - 12,705 12,705
TOTAL EXPENDITURES $ 1,354,705 $ 1,272,197 $ 1,417,933 $ 3,996,393 $ 1,532,001 $ 1,507,512
REVENUES OVER (UNDER) EXPENDITURES $ 1,700,821 $ (1,123,187) $ (1,261,544) $ (3,756,339) $ (1,210,252) $ (1,097,885)

Other Financing Sources
Transfers-In
Stormwater Utility Fund $ 829,736 $ 814,335 $ 956,101 $ 960,316 $ 1,065,106 $ 1,060,504
Other Funds - - - - - -
Transfers-Out - - - - - -
Bond Escrow Account 2,699,495 - - 2,576,226 2,576,226 -
TOTAL OTHER FINANCING SOURCES $ (1,869,759) $ 814,335 $ 956,101 $ 3,536,542 $ 3,641,332 $ 1,060,504

REVENUES AND OTHER SOURCES OVER
(UNDER) EXPENDITURES $ (168,938) $ (308,852) $ (305,443) $ (219,797) $ 2,431,080 $ (37,381)

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