Page 222 - Benbrook FY2021

DEBT SERVICE FUND
TEN YEAR SUMMARY OF REVENUES AND EXPENDITURES
ACTUAL AND ESTIMATED
FY 2011-12 TO 2020-21
Estimated Variance
Actual Actual Budget 12 Months Favorable Budget
Revenues by Source 2017-18 2018-19 2019-20 2019-20 (Unfavorable) 2020-21

Ad Valorem Taxes $ 508,075 $ 645,696 $ 487,107 $ 467,311 $ 17,387 $ 484,698
Use of Money & Property - - - - - -
Proceeds from Refunding Bonds - - - - - -
TOTAL REVENUES $ 508,075 $ 645,696 $ 487,107 $ 467,311 $ 17,387 $ 484,698
Expenditures

Bond Principal Maturities
General Obligation Bonds $ 1,340,000 $ 1,390,000 $ 1,430,000 $ 1,430,000 $ - $ 1,520,000
Certificates of Obligation - - - - - -
Capitalized Leases - - - - - -
Other Long-Term Notes - - - - - -
Miscellaneous Expenses - - - - - -
Interest 179,000 149,799 127,624 127,624 - 86,441
Agent Fees and Other Expenditures 300 300 3,800 300 - 3,800
TOTAL EXPENDITURES $ 1,519,300 $ 1,540,099 $ 1,561,424 $ 1,557,924 $ - $ 1,610,241
REVENUES OVER (UNDER) EXPENDITURES $ (1,011,225) $ (894,403) $ (1,074,317) $ (1,090,613) $ 17,387 $ (1,125,543)

Other Financing Sources

Transfers-In
Stormwater Utility Fund $ 578,580 $ 586,189 $ 586,752 $ 586,752 $ 146,614 $ 733,366
Other Funds 491,887 493,186 503,136 503,136 (1,933) 501,203
Transfers-Out - - - - - -
Bond Escrow Account - - - - - -
TOTAL OTHER FINANCING SOURCES $ 1,070,467 $ 1,079,375 $ 1,089,888 $ 1,089,888 $ 144,681 $ 1,234,569

REVENUES AND OTHER SOURCES OVER
(UNDER) EXPENDITURES $ 59,242 $ 184,972 $ 15,571 $ (725) $ 162,068 $ 109,026

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