2023 Annual Comprehensive Report

Schedule 4 3

Housing Bond Fund - Series 2022 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:

Neighborhood Development

$ 30,000,000

$

$

299,317

$

299,317

Excess of Revenues Under Expenditures

(30,000,000)

(299,317)

(299,317)

Other Financing Sources: Debt Issuances:

General Obligation Bonds Issued

30,000,000

8,000,000

8,000,000

Premium on Debt

47,205

47,205

Total Other Financing Sources

30,000,000

8,047,205

8,047,205

Excess of Revenues and Other Financing Sources Over Expenditures

$

7,747,888

7,747,888

Fund Balance - July 1

Fund Balance - June 30

$

$ 7,747,888

$ 7,747,888

-110-