Page 52 - 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
Expense

Department: 100 - Debt Service

600-100-6150-00 Contract Services - Other $4,325.00

Budget Detail

Budget Code Description Units Price Amount

*2024-2025 Debt service paying agent fee 1 $825.00 $825.00

*2024-2025 Continuing disclosure filing 1 $3,500.00 $3,500.00

600-100-9250-00 Principal $333,697.92 $68,693.55 $314,180.00 $15,784.06 $333,565.45

Budget Detail

Budget Code Description Units Price Amount

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

*2024-2025 2018 combo COs principle 1 $45,000.00 $45,000.00

*2024-2025 Air packs, computer hardware/software 1 $57,345.68 $57,345.68
principle

*2024-2025 Backhoe/trailer loan principle 1 $16,219.77 $16,219.77

600-100-9251-00 Interest $260,772.87 $7,900.82 $275,484.00 $1,353.73 $264,653.92

Budget Detail

Budget Code Description Units Price Amount

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

*2024-2025 2018 combo COs interest (Feb/Aug) 2 $23,787.50 $47,575.00

*2024-2025 Air packs, computer hardware/software 1 $2,110.90 $2,110.90

*2024-2025 Backhoe/trailer 1 $918.02 $918.02
Transfer to LOGIC Debt
600-100-9820-00 $0.00 $0.00 $0.00 $59,456.58 $0.00
Service
Debt Service Expenses $594,470.79 $76,594.37 $589,664.00 $76,594.37 $602,544.37

Debt Service Fund Surplus/Deficit -$7,744.69

FY 2024-2025 Adopted Budget 51 August 20, 2024