Master Proposed Book FY2023

Debt Service Fund (5000 - 5999) Fund Summary

2019

2020

2021

2022

2023

2024

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

7,100,334 $

8,135,314 $

9,227,708 $

9,354,036 $

7,245,356 $

7,088,081 $

Revenues:

10,754,809 $

Property Taxes

11,940,433 $

11,368,205 $

11,025,098 $

10,786,090 $

10,754,809 $

Other City Taxes Gas/Electric Excise Tax

109,097 10,299

133,206 11,641

127,372

105,270 10,299

100,614

109,097 10,299

Mobile Home Tax

9,619

9,620

Use Of Money And Property Interest Revenues

25,292

242,006

248,717

65,341

27,771

22,815

Intergovernmental

189,557

Property Tax Credits

302,669

280,452

250,284

236,947

142,168

Charges For Fees And Services Building & Development

-

129,103

-

-

-

-

Other Financial Sources Loan Repayments

61,656

52,777

50,609

61,655

59,178

64,133

Sub-Total Revenues

11,150,710

12,811,836

12,084,974

11,517,947

11,220,220

11,103,321

Transfers In

1,789,850 1,789,850

Transfers-In

1,958,773 1,958,773

1,079,685 1,079,685

1,025,691 1,025,691

1,826,022 1,826,022

1,708,064 1,708,064

Sub-Total Transfers In

Total Revenues & Transfers In

12,940,560 $

14,770,609 $

13,164,659 $

12,543,638 $

13,046,242 $

12,811,385 $

Expenditures:

$

15,000

Financial Services & Charges

$

9,033

$

5,000

$

2,250

$

15,000

$

15,000

9,840,000 1,782,613

GO Bonds Principal GO Bonds Interest

11,945,000 1,134,847

11,245,000 1,196,696

10,760,000 1,456,373 1,985,000

10,255,000 1,572,114

9,745,000 1,976,463

960,000 355,200

Revenue Bonds Principal Revenue Bonds Interest

135,000 454,335

140,000 451,635

965,000 384,150

955,000 326,400

448,695

Total Expenditures

12,952,813 $ 7,088,081 $

13,678,214 $ 9,227,708 $

13,038,331 $ 9,354,036 $

14,652,318 $ 7,245,356 $

13,191,264 $ 7,100,334 $

13,017,863 $ 6,881,603 $

Fund Balance, June 30

-

Restricted / Committed /Assigned

2,230,153

2,025,364

-

-

-

Unassigned Balance

7,088,081 $

6,997,555 $

7,328,672 $

7,245,356 $

7,100,334 $

6,881,603 $

424