Page 72 - Pantego Adopted Budget FY20

TOWN OF PANTEGO - ENTERPRISE FUND
2019 CO ISSUE WATER AND SEWER FUND (719)
STATEMENT OF REVENUES AND EXPENSES
FY 2019/2020 BUDGET

2018-2019 2018-2019 2019-2020
2016-2017 2017-2018 ADOPTED Y-T-D 2018-2019 PROPOSED
DESCRIPTION ACTUAL ACTUAL BUDGET JUNE YE ESTIMATE BUDGET
ESTIMATED BEGINNING NET POSITION $ - $ - $ - $ - $ - $ 2,201,013

REVENUES
901.00 Interest Revenue $ - $ - $ - $ 10,152 $ 24,200 $ 45,000

410.00 Insurance Revenue - - - -
TOTAL REVENUES $ - $ - $ - $ 10,152 $ 24,200 $ 45,000
OTHER SOURCES
Issue of Certificates of Obligation 2,182,804 2,182,804
800.11 CO Premium 75,444 75,444
800.12 CO Discount (23,189) (23,189)

Transfer In from GF Ad-Valorem Tax $ - $ - $ - $ - $ - $ 140,704
TOTAL REVENUES AND OTHER SOURCES $ - $ - $ - $ 2,245,211 $ 2,259,259 $ 185,704

EXPENSES
Capital Outlay
614.00 CO Issue Agent Fee $ - $ - $ - $ 319 $ 319 $ -
616.00 CO Issue Cost - - - 59,917 59,917 -
616.00 Refund on Issue Cost - - - (1,991) (1,991) -
Pioneer Water Line - - - - 1,870,000
Country Club Sanitary Sewer - - - - - 55,000
Peachtree Kidd Sanitary Sewer - - - - - 250,000
- - - - - -
2019 CO Principal - - - - - 55,867

920.00 2019 CO Interest - - - - - 84,837
- - - - - -
- - - - - -
719 fund 79.81 percent TOTAL EXPENSES $ - $ - $ - $ 58,245 $ 58,246 $ 2,315,704

OTHER USES
Transfer Out $ - $ - $ - $ - $ - $ -

TOTAL EXPENSES AND OTHER USES $ - $ - $ - $ 58,245 $ 58,246 $ 2,315,704

ESTIMATED CHANGE IN NET POSITION $ - $ - $ - $ 2,186,965 $ 2,201,013 $ (2,130,000)

ESTIMATED ENDING NET POSITION $ - $ - $ - $ 2,186,965 $ 2,201,013 $ 71,013