Page 41 - CityofLakeWorthFY25AdoptedBudget
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CITY OF LAKE WORTH
PROPOSED BUDGET FOR
ACCOUNT ACCOUNT I CURRENT YTD TOTAL PROPOSED
NUMBER DESCRIPTION BUDGET ( as of 07/ 29/ 24) BUDGET
DEBT SERVICE FUND
300-4000-000-000 CURRENT TAXES - 1, 366,466.00 - 11360, 537997 2, 280,702.00
300-4001-000-000 DELINQUENT TAXES - 10, 000900 - 14,071.53 11,000.00
3004004-000-000 PENALTY AND INTEREST - 10, 500.00 - 11, 687.74 11,000.00
3004800-000-000 INVESTMENT INCOME - 26, 000.00 - 40,056.84 70,000.00
Subtotal - 1, 412,966.00 - 11426, 354908 2, 372702.00
300-4926-000-000 TRNS IN- EDC 2014 REFUNDING 146,772.00 - 73, 386.00 146, 759. 00
300-4927-000-000 TRNS IN - WS 2020 ISSUE 245, 295. 00 - 122,648.00 244,595.00
300-4928-000-000 TRNS IN - WS 2024 ISSUE 411, 150.00
300-4929- 000-000 TRNS IN - GF 2024 ISSUE 309, 746.00
Subtotal - 392,067.00 - 196,034.00 1, 112, 250.00
300-4996-000-000 USE OF PRIOR YR RESTRICTED FB - 75, 000.00 - 57,968.00
Subtotal - 75, 000000 0. 00 - 57, 968.00
TOTAL DEBT SERVICE FUND REVENUES - , 1 880,033.00 - 1, 622,388.08 on3, 542,920.00
300-0599- 500-000 OTHER SERVICES 250.00 82. 20 175. 00
300-0858-500-000 SERIES 2014 RFNDG PRINCIPAL 420,000.00 430,000.00
300-0859- 500-000 SERIES 2014 RFNDG INTEREST 20,315.00 10,021.40 10, 277.00
300-0860-500-000 SERIES 2017 RFNDG PRINCIPAL 755,000.00 775,000.00
300-0861- 500-000 SERIES 2017 RFNDG INTEREST 18 3p700. 00 93, 350.00 164,050.00
300-0862- 500-000 SERIES 2020 PRINCIPAL 375,000.00 390,000.00
300-0863- 500-000 SERIES 2020 INTEREST 101, 268.00 50,633. 75 90,018.00
300-0864-500-000 SERIES 2024 PRINCIPAL 45,000.00
300-0865- 500-000 SERIES 2024 INTEREST 1, 614,900.00
300-0900-500-000 PAYING AGENT FEES 1, 500.00 1, 500.00 1, 500.00
TOTAL DEBT SERVICE FUND EXPENSES 1, 860,033.00 155, 587.35 3, 520,920.00
DEBT SERVICE FUND DEFICIT/( -) SURPLUS - 20,000.00 1, 466,800.73 22, 000.00
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