DeSoto FY21----FY22-Approved-Budget

of $1,871,837. • Other revenue sources that vary by year include revenues from lease/rent, auction proceeds, training revenue and intergovernmental revenue 2- Capital Improvement Funds: • Proceeds from issuing general obligation, certification of obligation or revenue bonds. • Revenue in this category will depend on the City’s the Five Year Capital Improvement Plan (CIP). • Debt Service Fund: Revenue in this category is property tax revenue allocated to retire the City’s debt.

The following table summarizes the projected funding requirements for capital improvement projects and the schedule of futures bonds.

Revenue from Other Sources








2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Revenue from Other Sources


Made with FlippingBook - professional solution for displaying marketing and sales documents online