2025 Annual Comprehensive Report

Schedule 46

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, 2025

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues: Other Revenue

$

$

405

$

$

405

Investment Income (Loss)

339

339

405

Total Revenues

339

744

Expenditures: Capital Improvements:

Neighborhood Development

30,000,000

5,492,317

217,144

5,709,461

Excess of Revenues Under Expenditures

(30,000,000)

(5,491,912)

(216,805)

(5,708,717)

Other Financing Sources: Debt Issuances:

General Obligation Bonds Issued

30,000,000

8,000,000

10,000,000

18,000,000

Premium on Debt

47,205

124,950

172,155

Total Other Financing Sources

30,000,000

8,047,205

10,124,950

18,172,155

Excess of Revenues and Other Financing Sources Over Expenditures

$

2,555,293

9,908,145

12,463,438

Fund Balance - July 1

2,555,293

Fund Balance - June 30

$ 2,555,293

$ 12,463,438

$ 12,463,438

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

$ 12,463,438

4,798,000

Fund Balance - June 30

$ 17,261,438

-114