Proposed FY2023-24 & Planning FY2024-25 Budget

CITY OF DESOTO FUND 710 PARK IMPROVEMENTS

DETAILS

Actuals FY

Actuals FY

Budget FY Projected FY Proposed FY Planning FY

2021

2022

2023

2023

2024

2025

LINE ITEMS

FUND BALANCE-BEGINNING $

1,244,481 $

7,342,497 $ 6,707,380 6,707,380 $

$

(0)

$

(0)

31355

REVENUES 27101 DUE TO GENERAL FUND 46060 INTEREST REVENUE 49805 BOND SALE PROCEEDS 49905 BOND PREMIUM 47417 TRANS FROM 417 PARK LAND DED

$

- - - - - -

$

- - -

$

- - -

$ $ $

200,000 36,128 20,000

$

- - - - - -

$ $ $ $ $

6,958

$ $ $ $ $

$ $ $ $ $

$ $ $ $ $

$ $

328,000

5,926,056 $

6,295,263 562,526 6,913,917

23,500,000 23,500,000 $

1,148,078

$

-

$

-

TOTAL REVENUE

7,409,093 $ 8,653,574 $

23,500,000 23,500,000 $ 23,500,000 23,500,000 $

TOTAL AVAILABLE RESOURCES $

14,256,414 $ 6,707,380 6,707,380 $ $

EXPENDITURES 58160 CAPITAL OUTLAY

$ $ $ $ $

466,633 970,310

$ $

1,233,388

$

-

$

-

$

-

$

-

58430 PARK IMPROVEMENTS

6,207,857 $ 6,707,380 6,707,380 $ $ 7,441,245 $ 6,707,380 6,707,380 $ $

23,500,000 23,500,000 $ 23,500,000 23,500,000 $

CAPITAL OUTLAY

1,436,942 $

50730 BOND ISSUE COSTS

74,134 74,134

$ $

107,789 107,789

$ $

- -

$ $

- -

$ $

- -

$ $

- -

DEBT SERVICE

TOTAL EXPENDITURES

$

1,511,076 $

7,549,034 $ 6,707,380 6,707,380 $ $

23,500,000 23,500,000 $

FUND BALANCE-ENDING $

7,142,497 $

6,707,380

$

(0)

$

(0)

$

(0)

$

(0)

Highlights FY 2024: Funding for park improvements

Updated 8/31/2023

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