Page 51 - Report

City of Blue Mound Proposed Budget FY 2024-2025

2024-2025
2022-2023 2022-2023 2023-2024 2023-2024
Total Budget Total Activity Total Budget Total Activity Total Proposed
Budget
Fund: 600 - Debt Service

Revenue

Department: 100 - Debt Service

600-100-4210-00 Ad Valorem Taxes $83,846.00 $79,750.64 $141,501.00 $121,894.18 $141,501.00
Ad Valorem Delinquent
600-100-4211-00 $0.00 $767.51 $0.00 $578.66 $0.00
Taxes
600-100-4212-00 Penalty & Interest $0.00 $501.71 $0.00 $326.68 $0.00

600-100-7040-00 Interest Earned $0.00 $0.00 $0.00 $3,750.00 $0.00

600-100-9800-00 Transfer from Utility Fund $464,418.22 $0.00 $441,633.00 $9,771.58 $442,618.89

Budget Detail

Budget Code Description Units Price Amount

*2024-2025 2015 comb. COs interest (Feb/Aug) 2 $107,025.00 $214,050.00

*2024-2025 2015 combo COs principle 1 $215,000.00 $215,000.00

*2024-2025 50% of backhoe/trailer interest 1 $459.01 $459.01

*2024-2025 50% of backhoe/trailer principle 1 $8,109.88 $8,109.88

*2024-2025 UF portion for Incode/MS O365/software 1 $5,000.00 $5,000.00
(20%)

600-100-9821-00 Transfer from General Fund $46,376.55 $0.00 $58,254.00 $49,685.00 $10,679.79

Budget Detail

Budget Code Description Units Price Amount

*2024-2025 50% of backhoe/trailer interest 1 $459.01 $459.01
*2024-2025 50% of backhoe/trailer principle 1 $8,109.88 $8,109.88
*2024-2025 Air packs, computer hard/software interest 1 $2,110.90 $2,110.90

*2024-2025 Air packs, computer hard/software principle 1 $0.00 $0.00
600-100-9851-00 Transfer from DS to LOGIC $0.00 $0.00 $0.00 $59,456.18 $0.00

Debt Service Revenue $594,640.77 $81,019.86 $641,388.00 $245,462.28 $594,799.68

FY 2024-2025 Adopted Budget 50 August 20, 2024