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2017 2018 2019 2019 2020
<br /> Actual Actual Budget 8/31 Budget
<br />REVENUE SUMMARY:
<br />Special Assessments 386,747$ 460,036$ 285,000$ 151,990$ 264,000$
<br />Interest 161 172 50 - 50
<br />Transfers In 685,799 657,948 663,263 1,242,440 375,678
<br />TOTAL REVENUE 1,072,707$ 1,118,156$ 948,313$ 1,394,430$ 639,728$
<br />EXPENDITURE SUMMARY:
<br />Auditor 1,300$ 1,335$ 1,360$ 1,360$ 1,160$
<br />Bond Principal 590,000 1,805,000 485,000 1,235,000 275,000
<br />Bond Interest 283,230 229,161 176,763 152,768 99,328
<br />RC Principal 32,069 32,753 33,500 33,077 26,735
<br />RC Interest 3,263 2,579 2,000 2,255 1,285
<br />Interfund Loan 15,719 48,628 250,000 21,037 50,000
<br />Paying Agent Fees/Issuance Costs 2,419 1,487 2,040 1,463 1,590
<br />Transfer out - - - - -
<br />Total Expenditures 928,000$ 2,120,943$ 950,663$ 1,446,960$ 455,098$
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<br />NET INCREASE (DECREASE)144,707$ (1,002,787)$ (2,350)$ (52,530)$ 184,630$
<br />BEGINNING FUND BALANCE (81,323)$ 46,571$ (969,745)$ (985,255)$
<br />ENDING FUND BALANCE (1)63,384$ (956,216)$ (972,095)$ (800,625)$
<br />CITY OF LITTLE CANADA
<br />DEBT SERVICE FUNDS
<br />BUDGET SUMMARY
<br />(1) The deficit fund balance is due to the Interfund Loan in Fund 362.
<br />DRAFT DOCUMENT 61
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