Page 58 - Pantego FY22 Operating Budget

TOWN OF PANTEGO
DEBT SERVICE FUND (419)
STATEMENT OF REVENUES AND EXPENDITURES
FOR FY 2020/2021 BUDGET
Fund 400 Fund 419
in 2019 FY 2020 on…
2020-2021 2021-2022
2018-2019 2019-2020 ADOPTED Y-T-D 2020-2021 ADOPTED
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2021 YE ESTIMATE BUDGET

BEGINNING FUND BALANCE $ 37,476 $ - $ 489 $ 489 $ 489 $ 746
REVENUES
Ad-Valorem Tax $ - $ 175,887 $ 178,452 $ 177,640 $ 178,000 $ 175,450
Ad-Valorem Tax Int and Pen $ 17 $ 584 $ 646 $ 660 $ 600
Ad-Valorem Tax - Delinquent 37 7 - (117) (117) 50

Ad-Valorem Tax - Del Int & pen 10 125 130 200

Interest 766 300 28 34 48
TOTAL REVENUES $ 819 $ 176,787 $ 178,452 $ 178,322 $ 178,707 $ 176,348

EXPENDITURES
Principal $ 30,000 $ 70,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000
Interest and fiscal agent charges 1,190 106,299 78,450 39,975 78,450 75,450

TOTAL EXPENDITURES $ 31,190 $ 176,299 $ 178,450 $ 139,975 178,450 175,450
OTHER USES
Transfer Out - to General Fund $ - $ - $ - $ - $ -
TOTAL OTHER USES $ - $ - $ - $ - $ -

TOTAL EXPENDITURES AND
OTHER USES $ 31,190 $ 176,299 $ 178,450 $ 139,975 $ 178,450 $ 175,450

ENDING FUND BALANCE $ 7,105 $ 489 $ 491 $ 38,836 $ 746 $ 1,644

CHANGE IN FUND BALANCE $ (30,371) $ 489 $ 2 $ 38,347 $ 257 $ 898

52