Page 294 - City of Westlake FY20 Budget

D E B T S E R V I C E F U N D S

Current Year Fund Detail
Fiscal Year 2019/2020

Debt Service Fund Debt Service Fund
300 (revenue 301 (property tax TOTAL
supported) supported)

REVENUES & OTHER SOURCES
General Sales Tax $ ‐ $ ‐ $ ‐
Property Tax ‐ 666,221 666,221
Charge for Services ‐ ‐ ‐
Hotel Tax ‐ ‐ ‐
Beverage Tax ‐ ‐ ‐
Franchise Fees ‐ ‐ ‐
Permits and Fees ‐ ‐ ‐
Permits and Fees Building ‐ ‐ ‐
Fines and Forfeitures ‐ ‐ ‐
Investment Earnings ‐ ‐ ‐
Contributions ‐ ‐ ‐
Misc Income ‐ ‐ ‐
Total Revenues ‐ 666,221 666,221
Transfers In 1,988,489 ‐ 1,988,489
Other Sources ‐ ‐ ‐
Total Other Sources 1,988,489 ‐ 1,988,489
TOTAL REVENUES AND OTHER SOURCES $ 1,988,489 $ 666,221 $ 2,654,710

EXPENDITURES AND OTHER USES
Payroll Salaries $ ‐ $ ‐ $ ‐
Payroll Transfers In ‐ ‐ ‐
Total Payroll & Related ‐ ‐ ‐
Debt 1,985,759 708,321 2,694,080
Economimc Development ‐ ‐ ‐
Insurance ‐ ‐ ‐
Payroll Transfers Out ‐ ‐ ‐
Repair & Maintenance ‐ ‐ ‐
Rent & Utilities ‐ ‐ ‐
Services 2,730 880 3,610
Supplies ‐ ‐ ‐
Water Purchases ‐ ‐ ‐
Total Operations & Maintenance 1,988,489 709,201 2,697,690
TOTAL OPERATING EXPENDITURES 1,988,489 709,201 2,697,690
Capital Project Funds ‐ ‐ ‐
Capital Outlay ‐ ‐ ‐
Maintenance & Replacement Funds ‐ ‐ ‐
Total Capital ‐ ‐ ‐
Transfers Out ‐ ‐ ‐
Other Uses ‐ ‐ ‐
Total Other Uses ‐ ‐ ‐
TOTAL NON‐OPERATING EXPENDITURES ‐ ‐ ‐
TOTAL EXPENDITURES AND OTHER USES $ 1,988,489 $ 709,201 $ 2,697,690

SUMMARY
Excess Revenus over(under) Expenditures ‐ (42,980) (42,980)

BEGINNING FUND BALANCE ‐ 42,980 42,980
ENDING FUND BALANCE $ ‐ $ (0) $ (0)

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