2025 Annual Comprehensive Report

Schedule 39

Housing 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: Investment Income (Loss) Expenditures: Capital Improvements:

$

$

22,007

$

(827)

$

21,180

Neighborhood Development

25,000,000

23,110,147

808,858

23,919,005

Excess of Revenue Under Expenditures

(25,000,000)

(23,088,140)

(809,685)

(23,897,825)

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

25,000,000

25,016,987

25,016,987

Premium on Debt

133,108

133,108

Total Other Financing Sources

25,000,000

25,150,095

25,150,095

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

(809,685)

1,252,270

$

2,061,955

Fund Balance - July 1

2,061,955

Fund Balance - June 30

$ 2,061,955

$ 1,252,270

$ 1,252,270

Reconciliation of Budgetary Basis to GAAP Basis: Excess of Revenues and Other Financing Sources Over Expenditures and Other Financing (Uses) Difference in Loan Treatment Required by Governmental Accounting Standards Beginning Balance - July 1 Current Year Activity

$ 1,252,270

4,047,442

Fund Balance - June 30

$ 5,299,712

-107