FY2016-17 Budget Final

CITY OF DESOTO 305 BOND DEBT SERVICE FUND FUND

SUMMARY

Actuals FY

Budget FY Projected FY Adopted FY Planning FY

LINE ITEMS

2015 2018 FUND BALANCE-BEGINNING $2,532,070 $2,829,318 $2,829,318 $3,167,207 $3,093,334 2016 2016 2017

REVENUES INTERGOVERNMENTAL REVENUE

$355,031

$358,375

$358,375

$354,531

$358,407

CURRENT TAXES

$6,689,799 $6,928,503 $7,149,000 $7,025,000 $7,109,300

DELINQUENT TAXES PENALTIES & INTEREST INTEREST REVENUES

$57,239 $46,960 $4,861 $141,205

$65,000 $50,000 $1,500 $138,907

$131,225 $51,050

$65,000 $50,000 $1,500 $136,400

$65,000 $50,000 $1,500 $133,724

$7,550

TRANSFERS FROM OTHER FUNDS

$198,339

BOND PROCEEDS

$0

$0 $6,891,869

$0

$0

TOTAL REVENUES

$7,295,095 $7,542,285 $14,787,408 $7,632,431 $7,717,931 $9,827,165 $10,371,603 $17,616,726 $10,799,638 $10,811,265

TOTAL AVAILABLE RESOURCES

EXPENDITURES SERVICES & PROFESSIONAL FEES TRANSFER TO OTHER FUNDS

$0

$0

$0

$0

$0

$26,080

$26,300

$26,300

$26,300

$26,300

DEBT SERVICE

$6,971,767 $7,480,296 $14,423,219 $7,680,004 $7,522,574 $6,997,847 $7,506,596 $14,449,519 $7,706,304 $7,548,874

TOTAL EXPENDITURES

FUND BALANCE-ENDING $2,829,318 $2,865,007 $3,167,207 $3,093,334 $3,262,391

0.2271

0.2250

0.2250

0.2100

0.2100

I & S Tax Rate

Made with FlippingBook - Online Brochure Maker