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2023
<br />2020 2021 2022 ORIGINAL BUDGET
<br />ACTUAL ACTUAL ACTUAL BUDGET 2024
<br />Property Taxes 100,774 99,973 97,532 100,000 100,000
<br />Development Fee - 1,500 - - -
<br />Interest on Notes 45 239 367 - -
<br />Miscellaneous - - 57,547 - -
<br />Total revenues 100,819 101,712 155,447 100,000 100,000
<br />Expenditures:
<br />Personnel services 146,001 149,195 155,857 161,766 181,850
<br />Materials & supplies 751 - - 350 350
<br />Other services & charges 34,149 28,073 36,987 60,824 43,024
<br />Loans/Subsidies - 5,000 16,050 30,000 24,000
<br />Total expenditures 180,901 182,268 208,893 252,940 249,224
<br />Excess (deficit) of revenue
<br /> over expenditures (80,082) (80,556) (53,447) (152,940) (149,224)
<br />Other financing sources (uses):
<br />Transfers in (out)
<br />General Fund 50,000 50,000 50,000 50,000 50,000
<br />TIF #5 88,036 89,690 91,484 94,229 86,402
<br />TIF #6 - 6,989 8,149 8,393 5,828
<br />Street Improvement Fund 701,000 - - - -
<br />Net increase (decrease) in fund balance 758,954 66,123 96,186 (318) (6,994)
<br />Fund balance - January 1 478,535 1,237,489 1,303,612 1,399,798 1,399,480
<br />Fund balance - December 31 1,237,489 1,303,612 1,399,798 1,399,480 1,392,486
<br />CITY OF MOUNDS VIEW
<br />EDA Fund (230)
<br />STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE
<br />53
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