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Agenda Packets - 2025/05/11
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Agenda Packets - 2025/05/11
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Last modified
5/8/2026 6:09:35 PM
Creation date
5/6/2026 3:27:47 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
5/11/2025
Description
Regular Meeting
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CITY OF MOUNDS VIEW <br /> Pledged-Revenue Coverage <br /> Last Six Fiscal Years <br /> G.O.Water Revenue Bonds(1) <br /> Water Less Net <br /> Fiscal Operating Operating Available Debt Service <br /> Year Revenues Expenses Revenue Principal Interest Coverage <br /> 2020 $ 1,366,246 $ 831,579 $ 534,667 $ — $ — <br /> 2021 1,459,780 821,707 638,073 — 56,526 11.29 <br /> 2022 1,456,084 1,009,233 446,851 335,000 92,079 1.05 <br /> 2023 1,459,121 1,159,545 299,576 350,000 85,230 0.69 <br /> 2024 1,422,765 1,191,931 230,834 355,000 78,356 0.53 <br /> 2025 1,672,709 1,169,809 502,900 360,000 71,206 1.17 <br /> (1) Operating expenses do not include interest,depreciation,or amortization expenses. <br /> Note 1: During fiscal years 2016-2019,the City did not have any outstanding water revenue bonds. <br /> Note 2: Outstanding debt details for the City can be found in the notes to basic financial statements. <br /> -112- <br />
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