Page 86 - Pantego FY22 Operating Budget

TOWN OF PANTEGO - ENTERPRISE FUND
2019 CO ISSUE CAPITAL PROJECT FUND (719)
STATEMENT OF REVENUES AND EXPENSES
FOR FY 2021/2022 BUDGET
2020‐2021 2020‐2021 2021‐2022
2018‐2019 2019‐2020 ADOPTED Y-T-D 2020‐2021 PROPOSED
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2021 YE ESTIMATE BUDGET
ESTIMATED BEGINNING NET POSITION $ - $ 2,200,286 $ 2,061,767 $ 2,061,767 $ 2,061,767 $ 1,132,717

REVENUES
901.00 Interest Revenue $ 23,473 $ 25,657 $ 8,995 $ 1,774 $ 2,000 $ 700
TOTAL REVENUES $ 23,473 $ 25,657 $ 8,995 $ 1,774 $ 2,000 $ 700

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 $ 25,657 $ 8,995 $ 1,774 $ 2,000 $ 700

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 - - 1,438,800 - 600,000 900,112
Country Club Sanitary Sewer - - 90,000 - 66,050
Peachtree Kidd Sanitary Sewer - - 330,000 - 170,000 123,568
477.00 Kimley-Horn Engineering - 164,176 106,000 91,495 95,000 86,224

719 fund TOTAL EXPENSES $ 58,246 $ 164,176 $ 1,964,800 $ 91,495 $ 931,050 $ 1,109,904

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

TOTAL EXPENSES AND OTHER USES $ 58,246 $ 164,176 $ 1,964,800 $ 91,495 $ 931,050 $ 1,109,904

ESTIMATED CHANGE IN NET POSITION $ 2,200,286 $ (138,519) $ (1,955,805) $ (89,721) $ (929,050) $ (1,109,204)

ESTIMATED ENDING NET POSITION $ 2,200,286 $ 2,061,767 $ 105,962 $ 1,972,046 $ 1,132,717 $ 23,513

80