Page 118 - NRH FY20 Approved Budget

FISCAL YEAR 2019-2020
SCHEDULE 5 - SUMMARY OF REVENUES AND EXPENDITURES

GENERAL DEBT SERVICE FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2016/17 FY 2017/18 FY 2018/19 FY 2018/19 FY 2019/20
REVENUES
General Debt Service Taxes $9,674,703 $10,683,052 $11,315,208 $11,315,208 $11,200,798
SUB-TOTAL AD VALOREM TAXES $9,674,703 $10,683,052 $11,315,208 $11,315,208 $11,200,798
Transfer in From:
Drainage Utility $373,018 $362,674 $261,139 $268,276 $278,599
Park & Rec. Facilities Dev. Corp 320,393 627,685 524,550 524,555 509,030
Fleet Services Fund 448,414 0 0 0 130,911
Facilities Services Fund 26,193 0 0 0 0
Donations Fund 41,400 0 0 0 0
SUB-TOTAL TRANSFER IN $1,209,418 $990,359 $785,689 $792,831 $918,540

Proceeds
Bond Issuance Proceeds $1,754,180 $0 $0 $0 $0
Interest Income 8,415 15,195 4,152 9,119 9,119
City of Watauga, CIP Participation 82,853 82,853 82,853 82,853 82,853
Miscellaneous Revenues 1,092 0 0 0 0
Transfer In 607,721 0 0 0 0
Appropriation of Fund Balance 0 0 0 0 0
SUB-TOTAL OTHER $2,454,260 $98,048 $87,005 $91,972 $91,972

TOTAL REVENUES $13,338,381 $11,771,459 $12,187,902 $12,200,011 $12,211,310
EXPENDITURES

Existing Bonds & C.O.'s $11,539,266 $11,724,762 $12,146,203 $12,048,872 $12,202,610
Issuance Costs / Paying Agent Fees 93,288 8,115 41,699 41,699 8,700
Bond Defeaseance / Refunding 1,682,019 0 0 0 0
TOTAL EXPENDITURES $13,314,573 $11,732,877 $12,187,902 $12,090,571 $12,211,310

BALANCE $23,809 $38,582 $0 $109,440 $0

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