2022 Annual Comprehensive Financial Report

Schedule 61

Coliseum Capital Improvement Bond Fund Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) From Project Inception and For the Year Ended June 30, 2022

Actual Current

Project

Prior Years

Total

Year

To Date

Authorization

Revenues: Sales and Use Tax Refund

$

410,000

$

428,995

$

18,372

$

447,367

Expenses:

Capital Improvements: Development League Offices Parking Improvements Aquatic Center Pool Addition Other Facility Improvements Roof Replacement

908,197 3,987,834 4,622,128 8,722,184 4,798,464 5,941,110

908,197 3,997,771 4,638,034 8,732,564 5,751,340 5,941,111 1,034,587 31,003,604

908,197 3,991,704 4,622,128 8,819,122 3,316,416 5,941,110

(3,870)

(96,938)

1,482,048

Fieldhouse

Bond Issue Expense Total Expenses

27,598,677

1,381,240

28,979,917

Operating Loss

(30,593,604)

(27,169,682)

(1,362,868)

(28,532,550)

Nonoperating Revenues: Investment Income

200,000 1,000,000 1,200,000

213,595 1,000,000 1,213,595

8,874

222,469 1,000,000 1,222,469

Donations and Private Contributions Total Nonoperating Revenues

8,874

Excess of Revenues Under Expenses Before Other Financing Sources Other Financing Sources: Transfer from Hotel/Motel Occupancy Tax Fund

(29,393,604)

(25,956,087)

(1,353,994)

(27,310,081)

28,275,000 1,118,604 29,393,604

27,542,141

27,542,141 1,118,604 28,660,745

Transfer from Coliseum Fund Total Other Financing Sources

1,118,604 1,118,604

27,542,141

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

$

1,586,054 $

$

(235,390)

1,350,664 $

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