2024 Annual Comprehensive Report

Schedule 4 5

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, 2024

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues: Other Revenue

$

$

$

405

$

405

Expenditures: Capital Improvements:

Neighborhood Development

30,000,000

299,317

5,193,000

5,492,317

Excess of Revenues Under Expenditures

(30,000,000)

(299,317)

(5,192,595)

(5,491,912)

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 (Under) Expenditures

(5,192,595)

2,555,293

$

7,747,888

Fund Balance - July 1

7,747,888

Fund Balance - June 30

$ 7,747,888

$ 2,555,293

$ 2,555,293

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

$ 2,555,293

-

Current Year Activity

4,801,500

Fund Balance - June 30

$ 7,356,793

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