|
CITY OF LITTLE CANADA
<br />DEBT SERVICE FUNDS
<br />BUDGET SUMMARY
<br />2013 2014 2015 2015 2016
<br />Actual Actual Budget Estimated Budget
<br />REVENUE SUMMARY:
<br />Special Assessments $ 342,585 $ 317,870 $ 289,500 $ 288,400 $ 288,400
<br />Miscellaneous $ 450 -
<br />Interest 23 521 304 300 367
<br />Transfers In 584,960 668,671 860,913 864,688 785,960
<br />TOTAL REVENUE $ 928,018 $ 987,062 $ 1,150,717 $ 1,153,388 $ 1,074,727
<br />EXPENDITURE SUMMARY:
<br />Auditor $ 1,655 $ 1,655 $ 1,190 $ 1,190 $ 1,225
<br />Bond Principal 475,000 495,000 660,000 660,000 650,000
<br />Bond Interest 317,698 297,264 407,313 407,311 342,410
<br />RC Principal 17,175 17,436 17,760 17,837 18,200
<br />RC Interest 3,749 3,488 3,160 3,090 2,745
<br />Interfund Loan 32,127 29,599 32,000 28,000 28,000
<br />Paying Agent Fees/Issuance Costs 1,982 1,402 1,800 1,800 1,800
<br />Transfer out 1,153 -
<br />Total Expenditures $ 850,539 $ 845,844 $ 1,123,223 $ 1,119,228 $ 1,044,380
<br />NET INCREASE (DECREASE) $ 77,479 $ 141,218 $ 27,494 $ 34,160 $ 30,347
<br />BEGINNING FUND BALANCE $ (489,557) $ (412,078) $ (270,860) $ (270,860) $ (239,857)
<br />ENDING FUND BALANCE $ (412,078) $ (270,860) $ (243,366) $ (236,700) $ (209,510)
<br />24
<br />
|