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Pantego Econonomic Development Corporation
Debt Service Fund Budget for Fiscal Year 2023-2024
2022-2023 YTD 2022-2023
2020-2021 2021-2022 ADOPTED ACTUAL YEAR END 2022-2024
ACTUAL ACTUAL BUDGET 7/31/23 ESTIMATE BUDGET
ESTIMATED BEGINNING FUND BALANCE $ 190,879 $ 194,694 $ (0) $ (0) $ (0) $ (0)
REVENUES
Sales Tax Revenue $ 197,574 $ 69 $ - $ 52,447
Interest Income 102 24 -
TOTAL REVENUE $ 197,676 $ 94 $ - $ - $ - $ 52,447
EXPENSES
Principal Payment $ 180,000 $ 190,000 $ -
Interest Payment 13,861 4,788 - 52,447
TOTAL EXPENDITURES $ 193,861 $ 194,788 $ - $ - $ - $ 52,447
OTHER SOURCES/(USES)
Transfer from Operating Fund (Reserves) $ - $ -
CHANGE IN FUND BALANCE 3,815 (194,694) - - - -
ESTIMATED ENDING FUND BALANCE $ 194,694 $ (0) $ (0) $ (0) $ (0) $ (0)
ADOPTED BUDGET FY2023-24 TOWNOFPANTEGO.COM/BUDGET PAGE 87
