2022 Annual Comprehensive Financial Report

Schedule 4 6

Parks & Recreation Bond Fund - Series 2016 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2022

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues:

Miscellaneous:

Donations and Private Contributions Construction Project Development

1,723,000 $

1,555,000 $

$

208,000 106,400

1,763,000 $

3,600

110,000

110,000

314,400

1,873,000

Total Revenues

1,833,000

1,558,600

Expenditures: Capital Improvements: Culture and Recreation

34,452,931

25,323,000

5,945,687

31,268,687

Excess of Revenues Under Expenditures

(32,619,931)

(23,764,400)

(5,631,287)

(29,395,687)

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

34,500,000

22,284,750 2,406,160

22,284,750 2,406,160

Premium on Debt

Transfers Out

(1,880,069) 32,619,931

(47,739)

(846,673) (846,673)

(894,412)

Total Other Financing Sources (Uses)

24,643,171

23,796,498

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

878,771

(6,477,960)

(5,599,189)

Fund Balance - July 1

878,771

Fund Balance - June 30

$

878,771

(5,599,189) $

(5,599,189) $

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