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Fiscal Year 2017 - Estimated Actual
<br />1998-2007
<br />DS Funds
<br />2008 DS
<br />Fund
<br />2009 DS
<br />Fund
<br />2010 DS
<br />Fund
<br />2011 DS
<br />Fund
<br />2012 DS
<br />Fund
<br />2013 DS
<br />Fund
<br />2014 DS
<br />Fund
<br />2015 DS
<br />Fund
<br />2016 DS
<br />Fund
<br />2017 DS
<br />Fund
<br />Combined
<br />Est. Actual
<br />503/345 365 512 (1)514 516 518 520 522 524 526 528 (2)2017
<br />REVENUES
<br />STREET IMPROVEMENT LEVY, LESS DLR -$ 172,436$ 186,605$ 109,413$ 132,416$ 113,917$ 42,120$ 112,821$ 153,847$ 102,173$ -$ 1,125,748$
<br />SPECIAL ASSESSMENTS 86,575 - 20,750 4,250 15,500 33,150 17,500 30,500 38,000 - - 246,225
<br />INVESTMENT INCOME 8,550 1,050 1,825 1,100 2,750 2,450 2,700 1,400 1,800 600 150 24,375
<br />OTHER - - 50,230 760 1,664 750 550 780 680 - - 55,414
<br /> TOTAL REVENUES 95,125 173,486 259,410 115,523 152,330 150,267 62,870 145,501 194,327 102,773 150 1,451,762
<br />EXPENDITURES
<br />DEBT SERVICE:
<br /> PRINCIPAL 920,000 135,000 385,000 85,000 115,000 135,000 115,000 125,000 155,000 - - 2,170,000
<br /> INTEREST 78,135 25,575 50,204 30,530 51,125 39,963 27,125 50,380 57,963 35,357 - 446,356
<br />PAYING AGENT FEES 2,500 450 250 400 250 150 550 450 450 450 - 5,900
<br />PROFESSIONAL SERVICE 3,000 250 3,250 150 125 150 150 150 150 150 150 7,675
<br /> TOTAL EXPENDITURES 1,003,635 161,275 438,704 116,080 166,500 175,263 142,825 175,980 213,563 35,957 150 2,629,931
<br />REVENUES OVER (UNDER) EXPENDITURES (908,510)$ 12,211$ (179,294)$ (557)$ (14,170)$ (24,996)$ (79,955)$ (30,479)$ (19,236)$ 66,816$ -$ (1,178,169)$
<br />OTHER FINANCING SOURCES (USES)
<br /> CAPITALIZED INTEREST - - - - - - - - - - 54,817 54,817
<br /> PROJECT SAVINGS TRANSFERED IN - - - - - - - 2,200 149,000 - - 151,200
<br /> DLR TRANSFERS IN 81,000 - - - 8,000 31,000 52,000 34,000 29,000 - - 235,000
<br />TOTAL OTHER FINANCING SOURCES 81,000 - - - 8,000 31,000 52,000 36,200 178,000 - 54,817 441,017
<br />NET CHANGE IN FUND BALANCE (827,510)$ 12,211$ (179,294)$ (557)$ (6,170)$ 6,005$ (27,955)$ 5,721$ 158,765$ 66,816$ 54,817$ (737,152)$ (3)
<br />FUND BALANCE - JANUARY 1 2017 1,772,517 161,632 332,943 155,242 389,372 338,311 384,870 186,249 243,205 53,368 - 4,017,709
<br />EST. FUND BALANCE - DECEMBER 31 2017 945,007$ 173,843$ 153,649$ 154,685$ 383,202$ 344,316$ 356,915$ 191,970$ 401,970$ 120,184$ 54,817$ 3,280,557$
<br />1) 2009 street bonds were refinanced for interest savings, prepaid assessment cash on hand was also used to reduce principal.
<br />2) 2017 street bond proceeds includes capitalized interest.
<br />3) Deby Levy Reduction plan called for use of Fund Balance along with notes 1 &2 impacts.
<br />STREET IMPROVEMENT DEBT SERVICE FUNDS
<br />54
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