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Agenda Packets - 2020/12/07
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Agenda Packets - 2020/12/07
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Last modified
1/28/2025 4:51:34 PM
Creation date
12/8/2020 12:33:43 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/7/2020
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City Council Document Type
City Council Packets
Date
12/7/2020
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2021 Budget Summary <br />2018 <br />2019 2020 <br />Actual <br />Actual Budget <br />GO Capital Imp. Plan Bonds of 2017A Debt Service (Fund 506): <br />Revenues <br />3101 <br />Property taxes <br />407,227 <br />415,101 416,294 <br />3102 <br />Delinquent taxes <br />- <br />- - <br />3121 <br />Fiscal disparities <br />- <br />- - <br />3610 <br />Investment income <br />880 <br />3,142 500 <br />3680 <br />Misc revenue <br />- <br />- - <br />3972 <br />Transfers <br />126,284 <br />- - <br />3993 <br />Bond proceeds <br />- <br />- - <br />2021 Change from 2020 <br />Re uest Dollar Percent <br />413,983 (2,311) -0.56% <br />- - 0.00% <br />- - 0.00% <br />800 300 60.00% <br />- - 0.00% <br />- - 0.00% <br />- - 0.00% <br />Total revenue 534,391 418,243 416,794 414,783 (2,011) -0.48% <br />Operating expenses (4750): <br />Contractual services <br />8010 Debt, principal - <br />225,000 <br />235,000 <br />240,000 <br />5,000 <br />2.13% <br />8020 Debt, interest 211,419 <br />166,895 <br />159,995 <br />152,870 <br />(7,125) <br />-4.45% <br />8030 Paying agent 450 <br />475 <br />475 <br />475 <br />- <br />0.00% <br />8040 Continuing disclosure - <br />- <br />1,000 <br />1,500 <br />500 <br />50.00% <br />Total contractual services 211,869 <br />392,370 <br />396,470 <br />394,845 <br />(1,625) <br />-0.41% <br />Net change in fund balance <br />322,522 25,873 <br />20,324 <br />19,938 <br />(386) <br />-1.90% <br />Fund balance, beginning year <br />- 322,522 <br />348,395 <br />368,719 <br />20,324 <br />5.83% <br />Fund balance, end of year <br />322,522 348,395 <br />368,719 <br />388,657 <br />19,938 <br />5.41 % <br />12/2/2020 12:23 PM <br />
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