2023 Annual Comprehensive Report

Schedule 36

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, 2023

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues:

Miscellaneous:

Donations and Private Contributions Construction Project Development

$ 1,812,482

$ 1,763,000

$

49,482

$ 1,812,482

110,000

110,000

110,000

Total Revenues

1,922,482

1,873,000

49,482

1,922,482

Expenditures: Capital Improvements: Culture and Recreation

34,542,103

31,268,687

2,015,923

33,284,610

Excess of Revenues Under Expenditures

(32,619,621)

(29,395,687)

(1,966,441)

(31,362,128)

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

34,500,000

22,284,750 2,406,160

9,205,000 849,161 (235,279) 9,818,882

31,489,750 3,255,321 (1,129,691) 33,615,380

Premium on Debt

Transfers Out

(1,880,379) 32,619,621

(894,412)

Total Other Financing Sources (Uses)

23,796,498

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

(5,599,189)

7,852,441

2,253,252

Fund Balance - July 1

(5,599,189)

Fund Balance - June 30

$ (5,599,189)

$ 2,253,252

$ 2,253,252

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