2020 Comprehensive Annual Financial Report

-9- Exhibit A-5

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES Governmental Funds For the Fiscal Year Ended June 30, 2020

OTHER

TOTAL

DEBT

GOVERNMENTAL

GOVERNMENTAL

GENERAL

SERVICE

FUNDS

FUNDS

Revenues: Taxes

$

231,337,214 32,388,489 4,169,072 1,945,934 19,645,805

$

$

8,004,323 28,561,238

$

239,341,537 60,949,727 4,169,072 1,945,934 26,626,110

Intergovernmental Licenses and Permits Fines and Forfeitures

Charges for Current Services

6,980,305

Investment Income

3,762,480

628,718

4,391,198

Net Increase (Decrease) in the Fair Value of Investments

(88,890)

(88,890)

Total Investment Income

3,673,590

628,718

4,302,308

Miscellaneous

2,849,661

160,371

2,056,350

5,066,382

Total Revenues

292,336,175

3,833,961

46,230,934

342,401,070

Expenditures: Current:

General Government

25,035,638 136,157,192 9,932,620 16,368,832 38,073,695 28,815,526

292,241

139,587 9,462,376 40,449,528

25,467,466 145,619,568 50,382,148 16,445,692 38,073,695 53,588,970 7,076,196 8,291,898 2,250,906 32,615

Public Safety Transportation

Environmental Services

32,615 76,860

Engineering and Building Maintenance

Field Operations

Culture and Recreation Neighborhood Development Economic Opportunity

24,773,444 6,903,409 7,486,507

172,787 805,391 2,250,906

Intergovernmental

Debt Service:

Principal Retirement

21,906,068 11,219,051

1,680,000 2,242,268

23,586,068 13,461,319

Interest, Fees on Long-Term Debt

Total Expenditures

257,612,587

33,417,360

93,246,594

384,276,541

Excess of Revenues Over (Under) Expenditures

34,723,588

(29,583,399)

(47,015,660)

(41,875,471)

Other Financing Sources (Uses): Debt Issuances: Limited Obligation Bonds Issued General Obligation Bonds Issued

12,755,000 44,121,987 8,839,790

12,755,000 76,580,000 11,244,080 (34,560,000) 37,875,553 (55,787,592)

32,458,013 2,404,290 (34,560,000) 26,644,740

Premium on Debt

Payment to Escrow Agent for Refunding of Debt

Transfers In Transfers Out

6,754,548

4,476,265

(40,296,344)

(15,491,248)

Total Other Financing Sources (Uses)

(33,541,796)

26,947,043

54,701,794

48,107,041

Net Change in Fund Balances

1,181,792

(2,636,356)

7,686,134

6,231,570

Fund Balances - July 1

70,865,071

28,636,370

138,493,115

237,994,556

Fund Balances - June 30

$

72,046,863

$

26,000,014

$

146,179,249

$

244,226,126

The notes to the financial statements are an integral part of this statement.