Page 46 - Pantego Adopted Budget FY20

TOWN OF PANTEGO
DEBT SERVICE FUND (400/419)
STATEMENT OF REVENUES AND EXPENDITURES
FOR FY 2019/2020 BUDGET

2018-2019 2019-2020
2016-2017 2017-2018 ADOPTED Y-T-D 2018-2019 ADOPTED
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2019 YE ESTIMATE BUDGET

BEGINNING FUND BALANCE $ 102,701 $ 69,582 $ 39,125 $ 39,125 $ 37,289 $ -
REVENUES
Ad-Valorem Tax $ - $ - $ - $ - $ - $ 176,299

Ad-Valorem Tax - Delinquent 177 - 1,600 47 - -

Interest 280 62 325 675 - 1,105
TOTAL REVENUES $ 457 $ 62 $ 1,925 $ 721 $ - $ 177,404

EXPENDITURES

Principal $ 30,000 $ 30,000 $ 30,000 $ - $ 30,000 $ 70,000

Interest and fiscal agent charges 3,576 2,355 2,382 599 1,191 106,299

TOTAL EXPENDITURES $ 33,576 $ 32,355 $ 32,382 $ 599 31,191 176,299

OTHER USES
Transfer Out - to General Fund $ - $ - $ - $ - $ -
TOTAL OTHER USES $ - $ - $ - $ - $ -
TOTAL EXPENDITURES AND
OTHER USES $ 33,576 $ 32,355 $ 32,382 $ 599 $ 31,191 $ 176,299

ENDING FUND BALANCE $ 69,582 $ 37,289 $ 8,668 $ 39,247 $ - $ 1,105

CHANGE IN FUND BALANCE $ (33,119) $ (32,293) $ (30,457) $ 122 $ (31,191) $ 1,105