Page 294 - FY 2021-22 ADOPTED BUDGET

DEBT SERVICE FUND

TEN YEAR SUMMARY OF REVENUES AND EXPENDITURES

ACTUAL AND ESTIMATED
FY 2012-13 TO 2021-22

Actual Actual Actual Actual Actual Actual
Revenues by Source 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

Ad Valorem Taxes $ 156,389 $ 240,054 $ 321,749 $ 409,627 $ 470,706 $ 508,075
Use of Money & Property - - - - - -
Proceeds from Refunding Bonds - - - - - -
TOTAL REVENUES $ 156,389 $ 240,054 $ 321,749 $ 409,627 $ 470,706 $ 508,075

Expenditures

Bond Principal Maturities
General Obligation Bonds $ 980,000 $ 3,635,000 $ 1,225,000 $ 1,260,000 $ 1,410,011 $ 1,340,000
Certificates of Obligation - - - - - -
Capitalized Leases - - - - - -
Other Long-Term Notes - - - - - -
Miscellaneous Expenses - - - - - -
Interest 434,133 361,393 294,296 234,807 107,414 179,000
Agent Fees and Other Expenditures 3,800 - 12,705 12,705 300 300
TOTAL EXPENDITURES $ 1,417,933 $ 3,996,393 $ 1,532,001 $ 1,507,512 $ 1,517,725 $ 1,519,300

REVENUES OVER (UNDER) EXPENDITURES $ (1,261,544) $ (3,756,339) $ (1,210,252) $ (1,097,885) $ (1,047,019) $ (1,011,225)

Other Financing Sources

Transfers-In
Stormwater Utility Fund $ 956,101 $ 960,316 $ 1,065,106 $ 568,236 $ 582,188 $ 578,580
Other Funds - - - 492,268 490,566 491,887
Transfers-Out - - - - - -
Bond Escrow Account - 2,576,226 2,576,226 - - -
TOTAL OTHER FINANCING SOURCES $ 956,101 $ 3,536,542 $ 3,641,332 $ 1,060,504 $ 1,072,754 $ 1,070,467

REVENUES AND OTHER SOURCES OVER
(UNDER) EXPENDITURES $ (305,443) $ (219,797) $ 2,431,080 $ (37,381) $ 25,735 $ 59,242

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