Proposed FY2023-24 & Planning FY2024-25 Budget

CITY OF DESOTO

BOND DEBT SERVICE FUND 305 DETAILS

Actuals FY

Actuals FY

Budget FY

Projected FY

Proposed FY

Planning FY

LINE ITEMS

2021

2022

2023

2023

2024

2025

FUND BALANCE-BEGINNING 5,012,204 $

$

5,577,794

$

4,808,044

$

4,808,044

$

5,375,966

$

8,386,173

REVENUES 40800 INTERGOVERNMENTAL REIMBURSE

$ $ $ $ $ $ $ $ $ $ $

188,970 7,719,567 47,104 47,200 93,305 199,714

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

180,220 6,764,883 104,011 68,823 23,662 199,714

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

358,407 8,985,605 55,000 40,000 10,000 199,714

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

358,407 8,985,605 55,000 40,000 10,000 199,714

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

358,407 9,961,350 75,000 50,000 100,000 199,714 1,000,000 32,250

$ $ $ $ $ $ $ $ $ $ $

358,407 10,261,191 75,000 50,000 100,000 199,714 1,000,000 32,250

41010 CURRENT TAXES 41210 DELINQUENT TAXES 41310 PENALTIES & INTEREST 46060 INTEREST REVENUE

47101 TRANS FROM 101-GENERAL FUND 47125 TRANS FROM 125 DDC 47228 TRANS FROM 228-FIRE TRAINING 49805 BOND SALE PROCEEDS 49850 REFUND OF EXCESS FUNDS

-

-

-

-

35,850

33,000

32,250

32,250

1,980,000 11,227 269,558

-

- - -

- - -

- - -

- - -

12,098

49905 BOND PREMIUM

-

TOTAL REVENUE

$ 10,592,495

7,386,411

9,680,976

9,680,976

11,776,721 $ 17,152,687 $

12,076,562 20,462,735

TOTAL AVAILABLE RESOURCES 15,604,699 $ $

12,964,205 $

14,489,020 $

14,489,020 $

EXPENDITURES 50110 LEASE PRINCIPAL PAYMENTS 50115 LEASE INTEREST PAYMENTS 50160 BOND PRINCIPAL PAYMENT 50520 BOND INTEREST EXPENSE 50775 PAYING/ESCROW AGENT EXPENSES 50885 ARBITRAGE CALCULATION EXP.

$ $ $ $ $ $

176,051 23,662 5,420,000 2,349,292 2,263,818 10,900

180,564 19,149 5,635,000 2,270,938

180,577 17,799 6,339,000 2,524,378

180,577 17,799 6,339,000 2,524,378

180,577 17,799 5,910,000 2,606,838

$ $ $ $ $ $ $ $ $

180,577 17,799 5,950,000 2,360,451

15,150 9,060

15,000 10,000

15,000 10,000

15,000 10,000

15,000 10,000

DEBT SERVICE

$ 10,243,723

8,129,861

9,086,754

9,086,754

8,740,214

8,533,827

59101 TRANS TO 101-GENERAL FUND

$ $

26,300 26,300

26,300 26,300

26,300 26,300

26,300 26,300

26,300 26,300

26,300 26,300

TRANSFERS OUT AND OTHER

TOTAL EXPENDITURES

$ 10,270,023

$

8,156,161

$

9,113,054

$

9,113,054

$

8,766,514

$

8,560,127

FUND BALANCE-ENDING 5,334,676 $

$

4,808,044

$

5,375,966

$

5,375,966

$

8,386,173

$

11,902,608

I & S Tax Rate

0.151394

0.151394

0.125019

0.125019

0.142305

0.142305

13-5

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