2019 Comprehensive Annual Financial Report (CAFR)

Schedule 37

Economic Development Bond Fund - Series 2008 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2019

Actual Current Year

Total To Date

Prior Years

Project Authorization

Expenditures: Capital Improvements: Economic Opportunity Other Financing Sources (Uses): Debt Issuances: General Obligation Bonds/BANs Issued Premium on Debt Transfers Out

$

571,867

$ 5,611,411

$ 5,039,544

$ 9,000,000

10,000,000 165,120 (683,616)

10,000,000 165,120 (683,616)

10,000,000 165,120 (1,165,120)

9,481,504

9,481,504

Total Other Financing Sources (Uses)

9,000,000

Excess of Other Financing Sources Over (Under) Expenditures and Other Financing (Uses)

(571,867)

3,870,093

4,441,960

$

4,441,960

Fund Balance - July 1

$ 3,870,093

$ 4,441,960

$ 3,870,093

Fund Balance - June 30

Reconciliation of Budgetary Basis to GAAP Basis: Excess of Revenues and Other Financing Sources Over Expenditures and Other Financing (Uses) Difference in Loan Treatment Required by Governmental Accounting Standards: Beginning Balance - July 1

$ 3,870,093

600,000

Current Year Activity Fund Balance - June 30

$ 4,470,093

-93-