Page 291 - FY 2023-24 ADOPTED BUDGET

DEBT SERVICE FUND

TEN YEAR SUMMARY OF REVENUES AND EXPENDITURES

ACTUAL AND ESTIMATED

FY 2014-15 TO FY 2023-24

Actual Actual Actual Actual Actual Actual
Revenues by Source 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20

Ad Valorem Taxes $ 321,749 $ 409,627 $ 470,706 $ 508,075 $ 645,696 $ 462,633
Other Revenue - - - - - -
Proceeds from Refunding Bonds - - - - - -
TOTAL REVENUES $ 321,749 $ 409,627 $ 470,706 $ 508,075 $ 645,696 $ 462,633

Expenditures

Bond Principal Maturities
General Obligation Bonds $ 1,225,000 $ 1,260,000 $ 1,410,011 $ 1,340,000 $ 1,390,000 $ 1,430,000
Certificates of Obligation - - - - - -
Capitalized Leases - - - - - -
Miscellaneous Expenses - - - - - -
Interest 294,296 234,807 107,414 179,000 149,799 119,605
Agent Fees and Other Expenditures 12,705 12,705 300 300 300 300

TOTAL EXPENDITURES $ 1,532,001 $ 1,507,512 $ 1,517,725 $ 1,519,300 $ 1,540,099 $ 1,549,905

REVENUES OVER (UNDER) EXPENDITURES $ (1,210,252) $ (1,097,885) $ (1,047,019) $ (1,011,225) $ (894,403) $ (1,087,272)

Other Financing Sources

Transfers-In
Stormwater Utility Fund $ 1,065,106 $ 568,236 $ 582,188 $ 578,580 $ 586,189 $ 586,752
Other Funds - 492,268 490,566 491,887 493,186 503,136
Transfers-Out - - - - - -
Bond Escrow Account 2,576,226 - - - - -
TOTAL OTHER FINANCING SOURCES $ 3,641,332 $ 1,060,504 $ 1,072,754 $ 1,070,467 $ 1,079,375 $ 1,089,888

REVENUES AND OTHER SOURCES OVER

(UNDER) EXPENDITURES $ 2,431,080 $ (37,381) $ 25,735 $ 59,242 $ 184,972 $ 2,616

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