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2023
<br />2020 2021 2022 ORIGINAL BUDGET
<br />ACTUAL ACTUAL ACTUAL BUDGET 2024
<br />Property Taxes 151,111 149,942 146,292 150,000 150,000
<br />Franchise Tax 301,755 335,107 425,517 340,000 385,000
<br />Special Assessments 26,042 21,007 16,742 15,000 11,000
<br />State Aid 484,789 408,790 459,169 435,000 460,000
<br />Investment earnings 42,740 (14,196) (96,343) 5,000 5,000
<br />Other 1,924 - 2,185 - -
<br />Total revenues 1,008,362 900,651 953,562 945,000 1,011,000
<br />Expenditures:
<br />Materials & Supplies - - 9,703 - -
<br />Engineering 24,706 162,295 4,862 - -
<br />Projects 579,516 380,702 2,113,342 2,683,157 1,279,856
<br />Total expenditures 604,222 542,997 2,127,907 2,683,157 1,279,856
<br />Excess (deficit) of revenue
<br /> over expenditures 404,139 357,654 (1,174,345) (1,738,157) (268,856)
<br />Other financing sources (uses):
<br />Transfers in (out)
<br />General Fund - - - 1,500,000 350,000
<br />EDA General (701,000) - - - -
<br />Net increase (decrease) in fund balance (296,861) 357,654 (1,174,345) (238,157) 81,144
<br />Fund balance - January 1 2,147,774 1,850,913 2,208,567 1,034,222 796,065
<br />Fund balance - December 31 1,850,913 2,208,567 1,034,222 796,065 877,209
<br />CITY OF MOUNDS VIEW
<br />Street Improvement Fund (485)
<br />STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE
<br />87
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