Proposed FY2023-24 & Planning FY2024-25 Budget

CITY OF DESOTO FUND 490 STREET IMPROVEMENTS-CO BONDS

DETAILS

Actuals FY

Actuals FY

Budget FY

Projected FY Proposed FY Planning FY

2021

2022

2023

2023

2024

2025

LINE ITEMS

FUND BALANCE-BEGINNING 6,332,855 $ $

12,509,650 $ 20,646,340 $ 20,646,340 $

7,866,340 $

1,716,340

31355

REVENUES 40806 INTERGOV'T REIMBURSE-CDBG GRNT

$ $ $ $

-

$ $

-

$ $

-

$ $

-

$ $

- -

$ $

- -

46060 INTEREST REVENUE 49805 BOND SALE PROCEEDS

31,318

78,258

20,000

20,000

8,465,779 $ 1,640,127 $

11,424,737 $

3,500,000 $

3,500,000 $

8,700,000 $

15,350,000

49905 BOND PREMIUM

1,020,880

$

-

$

-

$

-

$

-

TOTAL REVENUE 15,350,000 TOTAL AVAILABLE RESOURCES 16,470,078 $ $ 25,033,525 $ 24,166,340 $ 24,166,340 $ 16,566,340 $ 17,066,340 $ 10,137,224 $ 12,523,875 $ 3,520,000 $ 3,520,000 $ 8,700,000 $

EXPENDITURES 50730 BOND ISSUE COSTS

$ $ $ $ $

105,906 105,906

$ $

195,617 195,617

$ $

50,000 50,000

$ $

50,000 50,000

$ $

- -

$ $

- -

DEBT SERVICE

58160 CAPITAL OUTLAY

-

$

-

$

12,250,000 $ 17,229,819 $ 29,479,819 $

11,500,000

$

750,000

$

750,000

58420 STREET INFRASTRUCTURE IMPROVES

3,854,522 $ 3,854,522 $

4,191,568 $ 4,191,568 $

4,750,000 $ 16,250,000 $

14,100,000 $ 14,850,000 $

14,100,000 14,850,000

CAPITAL OUTLAY

TOTAL EXPENDITURES

$

3,960,428 $

4,387,185 $

29,529,819 $

16,300,000 $

14,850,000 $

14,850,000

FUND BALANCE-ENDING 12,509,650 $ $

20,646,340

$

(5,363,479)

$

7,866,340 $

1,716,340 $

2,216,340

Updated 8/31/2023

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