Page 116 - PowerPoint Presentation

DEBT SERVICE FUNDS
Combined Program Summary
Fiscal Year 2021/2022
Audited Adopted Revised Proposed FY 21/22 Proposed FY 21/22 Proposed
Actuals Budget Budget Budget vs vs
FY 19/20 FY 20/21 FY 20/21 FY 21/22 FY 20/21 Adopted FY 20/21 Revised
REVENUES & OTHER SOURCES
1 General Sales Tax $ - $ - $ - $ - $ - 0% $ - 0%
2 Property Tax 685,914 632,381 699,383 1,134,763 502,382 79% 435,380 62%
3 Beverage Tax - - - - - 0% - 0%
4 Charge for Service - - - - - 0% - 0%
5 Hotel Occupancy Tax - - - - - 0% - 0%
6 Franchise Fees - - - - - 0% - 0%
7 Permits & Fees Other - - - - - 0% - 0%
8 Permits & Fees Building - - - - - 0% - 0%
9 Permits & Fees Utility - - - - - 0% - 0%
10 Fines & Forfeitures Court - - - - - 0% - 0%
11 Investment Earnings - - - - - 0% - 0%
12 Contributions - - - - - 0% - 0%
13 Donations - - - - - 0% - 0%
14 Misc Income - - - - - 0% - 0%
15 Total Revenues 685,914 632,381 699,383 1,134,763 1,134,763 179% 502,382 72%

16 Transfer In 2,116,814 2,022,191 1,949,876 1,625,237 (396,954) -20% (324,639) -17%
17 Other Sources - - - - - 0% - 0%

18 Total Transfer In and Other Sources 2,116,814 2,022,191 1,949,876 1,625,237 1,625,237 80% (396,954) -20%

19 GRAND TOTAL REVENUES & OTHER SOURCES 2,802,728 2,654,572 2,649,259 2,760,000 2,760,000 104% 105,428 4%
EXPENDITURES & OTHER USES
20 Salaries - - - - - 0% - 0%
21 Transfers Out - - - - - 0% - 0%
22 Insurance - - - - - 0% - 0%
23 Taxes - - - - - 0% - 0%
24 Retirement - - - - - 0% - 0%
25 Total Payroll and Related - - - - - 0% - 0%
26 Capital Outlay - - - - - 0% - 0%
27 Debt Service 2,694,013 2,688,694 2,688,609 2,866,314 177,620 7% 177,705 7%
28 Economic Development - - - - - 0% - 0%
29 Leases and Rentals - - - - - 0% - 0%
30 Public Notices - - - - - 0% - 0%
31 Rent & Utilities - - - - - 0% - 0%
32 Repair & Maintenance - - - - - 0% - 0%
33 Services 2,880 2,580 2,580 2,273 (307) -12% (307) -12%

34 Supplies - - - - - 0% - 0%
35 Travel & Training - - - - - 0% - 0%
36 Operations and Maintenance 2,696,893 2,691,274 2,691,189 2,868,587 177,313 7% 177,398 7%

37 SUB-TOTAL OPERATIONS and MAINTENANCE EXPENDITURES 2,696,893 2,691,274 2,691,189 $ 2,868,587 $ 177,313 7% 177,398 7%

38 Projects - Capital improvement - - - - - 0% - 0%
39 Projects - Maintenance & Replacement - - - - - 0% - 0%
40 Total Capital and Mainteance & Replacement - - - - - 0% - 0%
41 Transfer Out - - - - - 0% - 0%
42 Other Uses - - - - - 0% - 0%
43 Total Transfers Out and Other Uses - - - - - 0% - 0%
44 SUB-TOTAL NON-OPERATING EXPENDITURES - - - - - 0% - 0%

45 GRAND TOTAL ALL EXPENDITURES & OTHER USES 2,696,893 2,691,274 2,691,189 2,868,587 177,313 7% 177,398 7%
SUMMARY

46 Excess Revenus over(under) Expenditures 105,835 (36,702) (41,930) (108,587) (71,885) 196% (66,657) 159%

47 FUND BALANCE, BEGINNING 44,683 150,518 150,518 108,588 (41,930) -28% (41,930) -28%

48 FUND BALANCE, ENDING $ 150,518 $ 113,816 $ 108,588 $ 0 (113,816) -100% (108,588) -100%
49 Restricted/Assigned/Committed Funds 150,518 113,816 108,588 0 (113,816) -100% (108,588) -100%
50 UNASSIGNED FUND BALANCE, ENDING $ - $ - $ - $ - $ - 0% $ - 0%

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