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CITY OF MOUNDS VIEW
<br /> Statement of Revenues,Expenditures,and Changes in Fund Balances
<br /> Governmental Funds
<br /> Year Ended December 31,2025
<br /> Special Special
<br /> Revenue- Special Revenue-
<br /> Economic Revenue- Tax Increment
<br /> Development Community Financing
<br /> General Authority Center District No.5
<br /> Revenues
<br /> Taxes
<br /> Property $ 5,692,738 $ 160,000 $ 450,000 $ -
<br /> Tax increment - - - 1,899,276
<br /> Franchise 404,788 - - -
<br /> Lodging 3,066 - - -
<br /> Special assessments 19,213 - - -
<br /> Licenses and permits 348,041 - - -
<br /> Intergovernmental 1,714,632 - - -
<br /> Charges for services 159,355 - 597,711 -
<br /> Fines and forfeits 54,278 - - -
<br /> Investment earnings 490,246 1,262 7,094 9,125
<br /> Miscellaneous 375,064 - 13,816 -
<br /> Total revenues 9,261,421 161,262 1,068,621 1,908,401
<br /> Expenditures
<br /> Current
<br /> General government 1,623,444 - - -
<br /> Public safety 4,641,370 - - -
<br /> Streets and highways 888,640 - - -
<br /> Sanitation - - - -
<br /> Culture and recreation 688,749 - 1,142,428 -
<br /> Economic development 497,696 184,525 - 1,807,956
<br /> Capital outlay
<br /> General government - - - -
<br /> Public safety 121,706 - - -
<br /> Streets and highways - - - -
<br /> Culture and recreation - - - -
<br /> Debt service
<br /> Principal 83,700 - - -
<br /> Interest and fiscal charges 1,674 - - -
<br /> Total expenditures 8,546,979 184,525 1,142,428 1,807,956
<br /> Excess(deficiency)of revenues
<br /> over expenditures 714,442 (23,263) (73,807) 100,445
<br /> Other financing sources(uses)
<br /> Transfers in 140,282 96,690 - -
<br /> Transfers out (385,000) - - (91,319)
<br /> Sale of assets - - - -
<br /> Total other financing sources(uses) (244,718) 96,690 - (91,319)
<br /> Net change in fund balances 469,724 73,427 (73,807) 9,126
<br /> Fund balances
<br /> Beginning of year 8,076,660 1,439,985 252,932 55,397
<br /> End of year $ 8,546,384 $ 1,513,412 $ 179,125 S 64,523
<br /> See notes to basic financial statements -22-
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