2023 Annual Comprehensive Report

Schedule 3 8

Community & Economic Development 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

Expenditures: Capital Improvements: Economic Opportunity

$ 38,000,000

$ 6,977,339

$ 2,603,226

$ 9,580,565

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

38,500,000

23,965,100 3,392,710

11,400,000

35,365,100 3,459,977

Premium on Debt

67,267

Transfers Out

(500,000)

Total Other Financing Sources (Uses)

38,000,000

27,357,810

11,467,267

38,825,077

Excess of Other Financing Sources Over Expenditures and Other Financing (Uses)

20,380,471

$

8,864,041

29,244,512

Fund Balance - July 1

20,380,471

Fund Balance - June 30

$ 20,380,471

$ 29,244,512

$ 29,244,512

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