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2025
<br />2022 2023 2024 ORIGINAL 2025 BUDGET
<br />ACTUAL ACTUAL ACTUAL BUDGET RE-EST. 2026
<br />Revenues:
<br />Property Taxes 97,532 100,000 100,000 160,000 160,000 160,000
<br />Interest on Notes 367 613 875 - - -
<br />Miscellaneous 57,547 - - - - -
<br />Total revenues 155,447 100,613 100,875 160,000 160,000 160,000
<br />Expenditures:
<br />Personnel services 155,857 166,885 182,198 155,870 155,870 89,880
<br />Materials & supplies - - 27 200 200 200
<br />Other services & charges 36,987 34,298 30,036 44,705 44,705 31,975
<br />Loans/Subsidies 16,050 13,728 25,000 15,000 15,000 60,000
<br />Total expenditures 208,893 214,910 237,260 215,775 215,775 182,055
<br />Excess (deficit) of revenue
<br /> over expenditures (53,447) (114,298) (136,386) (55,775) (55,775) (22,055)
<br />Other financing sources (uses):
<br />Transfers in (out)
<br />General Fund 50,000 61,000 50,000 - - -
<br />TIF #5 91,484 83,197 87,020 90,470 90,470 90,740
<br />TIF #6 8,149 - 2,987 4,195 4,195 130
<br />TIF #7 - - 6,666 5,795 5,795 4,050
<br />Net increase (decrease) in fund balance 96,186 29,899 10,287 44,685 44,685 72,865
<br />Fund balance - January 1 1,303,612 1,399,798 1,429,697 1,439,985 1,439,985 1,484,670
<br />Fund balance - December 31 1,399,798 1,429,697 1,439,985 1,484,670 1,484,670 1,557,535
<br />Change in current assets 297,777 45,484 (2,400) - - -
<br />Change in current liabilities (6,038) (43,258) (5,790) - - -
<br />Notes Receivable (35,661) (2,507) (43,545) (50,000) (50,000) (26,500)
<br />Land Held for Resale 521,706 (310,582) (300,727) (350,000) (350,000) -
<br />Net increase (decrease) in cash 873,971 (280,964) (342,175) (355,315) (355,315) 46,365
<br />Cash balance - January 1 165,178 1,039,149 758,185 416,010 416,010 60,695
<br />Cash balance - December 31 1,039,149 758,185 416,010 60,695 60,695 107,060
<br />CITY OF MOUNDS VIEW
<br />EDA Fund (230)
<br />STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE
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