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CITY OF ST. ANTHONY, MINNESOTA
<br />SCHEDULE OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE
<br />STREET IMPROVEMENT DEBT SERVICE FUND
<br />For The Year Ended December 31, 2015
<br />Prior to 2008 Street
<br />Improvement
<br />Bonds Fund
<br />2008 Street
<br />Improvement Bond
<br />Fund
<br />2009 Street
<br />Improvement Bond
<br />Fund
<br />Revenues:
<br /> General property taxes $777,584 $141,488 $182,502
<br /> Special assessments 148,461 - 18,861
<br /> Investment income 11,400 1,045 2,933
<br /> Total revenues 937,445 142,533 204,296
<br />Expenditures:
<br />Debt service:
<br /> Principal 890,000 1,390,000 155,000
<br /> Interest 113,749 57,714 69,343
<br /> Paying agent fees 2,004 1,485 204
<br /> Professional service 5,276 7,170 239
<br /> Issuance costs 27 - -
<br /> Total expenditures 1,011,056 1,456,369 224,786
<br />Revenues over (under) expenditures (73,611) (1,313,836) (20,490)
<br />Other financing sources (uses):
<br /> Bonds issued - - -
<br /> Transfers in 12,663 25,000 -
<br /> Total other financing sources (uses) 12,663 25,000 0
<br />Net change in fund balance (60,948) (1,288,836) (20,490)
<br />Fund balance (deficit) - January 1 1,620,435 1,470,614 384,309
<br />Fund balance (deficit) - December 31 $1,559,487 $181,778 $363,819
<br />134
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