Page 73 - Pantego Adopted Budget FY21

TOWN OF PANTEGO - ENTERPRISE FUND
2019 CO ISSUE CAPITAL PROJECT FUND (719)
STATEMENT OF REVENUES AND EXPENSES
FY 2020/2021 BUDGET

2019-2020 2019-2020 2020-2021
2017-2018 2018-2019 ADOPTED Y-T-D 2019-2020 PROPOSED
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2020 YE ESTIMATE BUDGET

ESTIMATED BEGINNING NET POSITION $ - $ - $ 2,200,286 $ 2,200,286 $ 2,200,286 $ 2,001,339
REVENUES
901.00 Interest Revenue $ - $ 23,473 $ 45,000 $ 23,804 $ 26,053 $ 8,995
TOTAL REVENUES $ - $ 23,473 $ 45,000 $ 23,804 $ 26,053 $ 8,995

OTHER SOURCES
Issue of Certificates of Obligation 2,182,804
800.11 CO Premium 75,444
800.12 CO Discount (23,189)

Transfer In from GF Ad-Valorem Tax $ - $ - $ - $ - $ -

TOTAL REVENUES AND OTHER SOURCES $ - $ 2,258,532 $ 45,000 $ 23,804 $ 26,053 $ 8,995
EXPENSES
Capital Outlay
614.00 CO Issue Agent Fee $ - $ 319 $ - $ - $ -
616.00 CO Issue Cost - 59,917 - - -
616.00 Refund on Issue Cost - (1,991) - - -

Pioneer Water Line - - 1,870,000 - 1,438,800
Country Club Sanitary Sewer - - 55,000 - 90,000
Peachtree Kidd Sanitary Sewer - - 250,000 - 330,000
Kimley-Horn Engineering - - - - 225,000 106,000
- - - - - -
- - - - - -
- - - - - -
- - - - - -
719 fund 79.81 percent TOTAL EXPENSES $ - $ 58,246 $ 2,175,000 $ - $ 225,000 $ 1,964,800

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

TOTAL EXPENSES AND OTHER USES $ - $ 58,246 $ 2,175,000 $ - $ 225,000 $ 1,964,800

ESTIMATED CHANGE IN NET POSITION $ - $ 2,200,286 $ (2,130,000) $ 23,804 $ (198,947) $ (1,955,805)

ESTIMATED ENDING NET POSITION $ - $ 2,200,286 $ 70,286 $ 2,224,090 $ 2,001,339 $ 45,534