DeSoto FY21----FY22-Approved-Budget

DESOTO ECONOMIC DEVELOPMENT CORPORATION 195

SUMMARY

Actuals FY

Budget FY

Adopted FY

Planning FY

LINE ITEMS

2019

2020

2021

2022

FUND BALANCE-BEGINNING

$3,590,356 $2,601,428

$3,417,260 $2,625,000

$3,159,025 $2,437,500

$2,314,685 $2,437,500

SALES TAX REVENUES

BUSINESS INCUBATOR RENT

$274,784 $51,359

$205,480 $12,150

$195,000 $12,150

$195,000 $12,150

INTEREST REVENUES

TOTAL REVENUES

$2,927,571 $6,517,927

$2,842,630 $6,259,890

$2,644,650 $5,803,675

$2,644,650 $4,959,335

TOTAL AVAILABLE RESOURCES

EXPENDITURES PERSONNEL

337,150

351,710

354,545

354,545

SUPPLIES

1,822

7,000

7,000

7,000

PROMOTION/ADMIN/GRANTS/ PROSPECT DEVELOPMENT

$2,429,757

$2,427,430

$2,810,095

$2,810,095

CAPITAL OUTLAY

$28,000 $303,938 3,100,667

$10,000 $304,725 3,100,865

$10,000 $307,350 3,488,990

$10,000 $307,350 3,488,990

DEBT SERVICE

TOTAL EXPENDITURES

ENDING FUND BALANCE

$3,417,260

$3,159,025

$2,314,685

$1,470,345

250

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