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<br />CITY OF RAMSEY
<br />
<br />Nonmajor Debt Service Funds
<br />Combining Statement of Revenue, Expenditures, and Changes in Fund Balances (continued)
<br />Year Ended December 31, 2007
<br />
<br /> 2003 2004 Capital
<br /> Tax Increment 2003 Capital 2004 Capital Improvement 2005 Lease
<br /> Crossover Equipment Equipment Refunding Revenue
<br /> Bonds Certificates Certificates Bonds Bonds
<br />Revenue
<br />Property taxes $ $ 158,987 $ 73,685 $ 141,992 $ 441,444
<br />Intergovernmental revenue 8,701 4,036 7,766 . 24,551
<br />Other revenue
<br />Investment earnings 1,824 940 3,924 64,381
<br />Miscellaneous
<br />Total revenue 169,512 78,661 153,682 530,376
<br />Expenditures
<br />Debt service
<br />Principal retirement 250,000 155,000 70,000 100,000
<br />Interest and fiscal charges 21,315 7,566 5,495 41,136 816,915
<br />Total expenditures 271,315 162,566 75,495 141,136 816,915
<br />Excess (deficiency) of
<br />revenue over expenditures (271,315) 6,946 3,166 12,546 (286,539)
<br />Other financing sources (uses)
<br />Issuance oflong term debt
<br />Payments on refunded bonds
<br />Transfers in 271,315 297,607
<br />Transfers out
<br />Total other fmancing
<br />sources (uses) 271,315 297,607
<br />Net change in fund balances 6,946 3,166 12,546 11,068
<br />Fund balances
<br />Beginning of year 13,274 8,442 147,503 1,574,241
<br />End of year $ $ 20,220 $ 11,608 $ 160,049 $ 1,585,309
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