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Debt Service Fund
Stormwater Debt Service
FUND SUMMARY
FY2021 FY2022 FY2022 FY2023 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Use of Money & Property 717,748 - - - - 0.00%
Transfer In 67,604,286 7,727,896 7,727,896 9,640,778 1,912,882 19.84%
Use of Fund Balance - 1,771,999 1,771,999 - (1,771,999) 0.00%
Revenue $ 68,322,034 $ 9,499,895 $ 9,499,895 $ 9,640,778 $ 140,883 1.48%
Debt Service Accts 65,924,080 9,499,895 9,499,895 9,503,370 3,475 0.04%
Transfer Out & Other - - - 137,408 137,408 0.00%
Expenses $ 65,924,080 $ 9,499,895 $ 9,499,895 $ 9,640,778 $ 140,883 1.48%
FUND PURPOSE AND GOALS
The Stormwater Debt Service Fund is used to fund projects which update, upgrade, or improve the city’s current
storm water system. It also includes long-range development planning of the system.
The following chart provides principal and interest by series for each debt issuance that has a payment due in
FY2023. Handling charges are incuded separately from principal and interest depicted in the chart.
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