2023 Annual Comprehensive Report

-10 Exhibit A-5 Page 1 of 2

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES Governmental Funds For the Fiscal Year Ended June 30, 2023

DEBT

GENERAL

SERVICE

Revenues: Taxes

$

299,340,562 34,704,355 4,924,461 1,376,495 23,708,647

$

Intergovernmental Licenses and Permits Fines and Forfeitures

Charges for Current Services

Investment Income

5,496,142 268,940 5,765,082

Net Increase in the Fair Value of Investments

Total Investment Income

Miscellaneous

4,961,625

443,357

Total Revenues

369,016,145

6,208,439

Expenditures: Current:

General Government

32,616,247 165,326,471 11,548,993 17,208,451 40,707,473 34,628,368

335,044

Public Safety Transportation

Environmental Services Engineering and Building Maintenance

Field Operations

Culture and Recreation Neighborhood Development Economic Opportunity ARPA-Enabled Projects

199,776 2,114,411 729,373 2,450,281

Intergovernmental

Debt Service:

Principal Maturities

842,301 10,585

21,937,404 11,763,990

Interest, Fees on Long-Term Debt

Total Expenditures

308,382,730

34,036,438

Excess of Revenues Over (Under) Expenditures

60,633,415

(27,827,999)

Other Financing Sources (Uses): Debt Issuances: General Obligation Bonds Issued Premium on Debt IT Subscription Liability Issued

1,976,703 62,788,845

28,422

Transfers In Transfers Out

40,104,000

(101,505,053)

Total Other Financing Sources (Uses)

(36,739,505)

40,132,422

Net Change in Fund Balances

23,893,910

12,304,423

Fund Balances - July 1

102,739,942

1,506,925

Fund Balances - June 30

$

126,633,852

$

13,811,348

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