2023 Annual Comprehensive Report

Table V Page 1 of 2

Changes in Fund Balances, Governmental Funds Fiscal Years Ended June 30, 2014-2023 (Modified Accrual Basis of Accounting)

Fiscal Year

2014

2015

2016

2017

Revenues Taxes

$

198,282,125

$ 201,573,624

$ 206,582,259

$

211,147,915

Assessments

13,506

1,410

8,247

953

Intergovernmental Licenses and Permits Fines and Forfeitures

52,295,930 6,652,734 1,743,381 21,052,499 1,818,499 6,208,236 288,066,910 21,919,926 123,142,456 13,759,835 12,852,760 33,167,344 28,321,107 10,664,084 6,457,603 1,888,527 15,214,869 15,210,487 5,641,431 670,585

55,031,166 6,803,591 2,211,438 21,896,358 1,461,231 4,216,335 293,195,153 20,576,453 124,392,909 11,485,083 14,514,592 33,732,859 28,276,603 9,271,971 6,537,320 1,993,939 13,674,963 14,483,519 6,115,810 428,027

55,388,556 4,390,773 1,864,116 19,919,398 1,765,388 3,716,353 293,635,090 22,309,954 126,161,699 16,729,929 14,759,223 33,494,216 27,105,089 9,267,525 8,622,522 2,032,220 19,468,966 12,260,844 6,192,385 656,831

52,613,376 4,281,430 2,019,877 24,204,933 1,274,993 4,619,539 300,163,016 21,312,210 128,622,392 17,261,722 15,624,399 34,952,060 28,328,706 6,130,725 7,723,808 2,042,687 28,558,351 12,512,462 6,459,003 138,194

Charges for Current Services

Investment Income

Miscellaneous

Total Revenues

Expenditures Current:

General Government

Public Safety Transportation

Engineering and Building Maintenance

Field Operations

Environmental Services Culture and Recreation Neighborhood Development Economic Opportunity

Intergovernmental

Capital Outlay Debt Service:

Principal Retirement

Interest

Fees/Arbitrage Rebates Total Expenditures

423,946

280,266

309,589

409,222

289,334,960

285,764,314

299,370,992

310,075,941

Excess of Revenues Over (Under) Expenditures

(1,268,050)

7,430,839

(5,735,902)

(9,912,925)

Other Financing Sources (Uses) Debt Issuances: General Obligation Bonds General Obligation BANS Refunding Bonds Limited Obligation Bonds/BANs Premium, (Discount) on Debt Proceeds of Capitalized Leases IT Subscription Liability Issued

19,500,000 2,990,718

62,590,000 37,474,308 10,265,798 10,276,032

10,644,645

17,387,644

24,450,000 1,587,051

1,057,318

Lease Liability Issued Federal Loan Program

3,578,000 30,522,384 (40,920,877) (27,578,000) 2,283,203

Transfers In

28,042,605 (5,768,524) (37,515,829) (6,735,337)

32,660,368

32,497,178

Ban Retirement Transfers Out

(40,677,877)

(55,152,033) (72,555,141) 25,396,142

Payment to Escrow Agent for Refunded Debt Total Other Financing Sources (Uses)

513,633

10,427,453

Net Change in Fund Balances

$

(754,417)

$

9,714,042

$

4,691,551

$

15,483,217

Debt Service as a Percentage of Noncapital Expenditures

7.61%

7.57%

6.59%

6.74%

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