2025 Annual Comprehensive Report

Schedule 38

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, 2025

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues:

Miscellaneous:

Donations and Private Contributions Construction Project Development

$ 1,938,169

$ 1,938,169

$

$ 1,938,169

110,000 2,048,169

110,000 2,048,169

110,000 2,048,169

Investment Income (Loss)

221

221

Total Revenues

2,048,169

2,048,390

2,048,390

Expenditures: Capital Improvements: Culture and Recreation

34,667,790

34,064,822

440,791

34,505,613

Excess of Revenues Under Expenditures

(32,619,621)

(32,016,432)

(440,791)

(32,457,223)

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

34,500,000

31,489,750 3,255,321 (1,322,478) 33,422,593

31,489,750 3,255,321 (1,426,845) 33,318,226

Premium on Debt

Transfers Out

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

(104,367) (104,367)

Total Other Financing Sources (Uses)

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

1,406,161

(545,158)

861,003

Fund Balance - July 1

1,406,161

Fund Balance - June 30

$ 1,406,161

$

861,003

$

861,003

-106