Proposed FY2023-24 & Planning FY2024-25 Budget

528 CITY OF DESOTO DRAINAGE IMPROVEMENTS FUND FUND DETAILS

Actuals FY

Actuals FY

Budget FY

Projected FY Proposed FY Planning FY

LINE ITEMS

2021

2022

2023

2023

2024

2025

FUND BALANCE-BEGINNING

$2,275,686

$2,185,433

$1,874,600 $1,874,600 $ 1,187,458 $

541,385

31380

REVENUES 46060 INTEREST REVENUE

$ $ $

22,855 599,925 622,780

$

20,151

$

2,500

$

2,500

$

25,000 $ 599,925 $ 624,925 $

25,000 599,925 624,925

47522 TRANS FROM 522 DRAINAGE FUND

$ $ $

1,099,925 1,120,076 4,155,283

$ $

599,925 602,425

$ $

599,925 $ 602,425 $

TOTAL REVENUES

TOTAL AVAILABLE RESOURCES $

3,502,268

$

4,736,659

$

2,787,858 $ 1,812,383 $

1,166,310

USES OF FUNDS 55090 PROFESSIONAL SERVICES

$ $ $ $ $ $ $ $ $

- -

$ $ $ $ $ $ $ $ $

- -

$ $ $ $ $ $ $ $ $

- -

$ $

- -

$

250,000 $ 250,000 $

215,000 215,000

SERVICES AND PROFESSIONAL FEES

$

58320 CAPITALIZED MACH. & EQUIP. 58670 DRAINAGE IMPROVEMENTS

-

(809,602) 809,601

-

$ $ $

-

$

-

$

-

404,426 404,426

1,429,184 1,429,184

1,200,000 $ 1,200,000 $

750,000 $ 750,000 $

750,000 750,000

CAPITAL OUTLAY

(1)

50160 BOND PRINCIPAL PAYMENT 50520 BOND INTEREST EXPENSE 50885 ARBITRAGE CALCULATION EXP.

-

-

360,000 39,400

$ $

360,000 $ 39,400 $

260,000 $

190,000

23,693

20,049

10,998

$ $

4,150

1,000

1,000

1,000

$ $

1,000

$

-

-

DEBT SERVICE

24,693

21,049

400,400

400,400 $

270,998 $

194,150

WC BASIS-TOTAL EXPENDITURES

$

429,119

$

21,048

$

1,829,584

$

1,600,400 $ 1,270,998 $

1,159,150

58900 CAPITAL ADDITIONS ADJUSTMENT

$ $ $

(392,056) 647,261 255,205

$ $ $

-

$ $ $

- - -

$ $ $

- - -

$ $ $

- - -

$ $ $

- - -

58390 DEPRECIATION EXPENSE

628,968 628,968

SUBTOTAL-ACCRUAL ADJUSTMENTS

ACCRUAL BASIS-TOTAL EXPENDITURES

$

684,324

$

650,016

$

1,829,584

$

1,600,400 $ 1,270,998 $

1,159,150

ACCRUAL BASIS-NET ASSETS ENDING BAL

$

2,817,944

$

3,505,266

$

2,907,075

$

1,187,458 $

541,385

$

7,160

WC BASIS-NET ASSETS ENDING BAL. $

3,073,149

$

4,134,234

$

2,907,075

$

1,187,458 $

541,385

$

7,160

Updated 8/31/2023

Made with FlippingBook - Online magazine maker