2020 Comprehensive Annual Financial Report

Schedule 67

Parking Facilities Bond Fund Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) From Project Inception and For the Year Ended June 30, 2020

Actual Current

Prior Years

Total

Project

Authorization

Year

To Date

Revenues: Sales and Use Tax Refund Gain on Sale of Capital Assets

$

$

$

182,911 890,274

$

182,911 890,274

Total Revenues

1,073,185

1,073,185

Expenses: Capital Improvements:

Parking Facilities - February One Deck Parking Facilities - Eugene Street Deck

31,100,000 30,115,000

4,882,223 6,771,349

7,139,250 11,447,791

12,021,473 18,219,140

Nonoperating Expenses: Interest Expense

1,349,342 520,658 63,085,000

601,804 494,158

601,804 643,148

Bond Issue Expense

148,990

Total Expenses

11,802,562

19,683,003

31,485,565

Nonoperating Revenues: Investment Income

(1,318)

162,376

161,058

Sale of Real Estate

2,300,000 2,300,000

840

840

Total Nonoperating Revenues

(478)

162,376

161,898

Excess of Revenues Under Expenses Before Other Financing Sources

(60,785,000)

(11,803,040)

(18,447,442)

(30,250,482)

Other Financing Sources: Debt Issuances:

Limited Obligation Bonds Issued

58,651,241 1,209,346

29,685,000

29,685,000 1,209,346

Transfers In - Parking Facilities Operating Fund Transfers In - Parking Facilities Capital Reserve Fund Transfers In - Parking Facilities Capital Project Fund

1,209,346 641,609 282,804 2,133,759

641,609 282,804

641,609 282,804

Total Other Financing Sources

60,785,000

29,685,000

31,818,759

Excess of Revenues and Other Financing Sources Over (Under) Expenses

$(9,669,281)

$ 11,237,558

$ 1,568,277

$

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