Complete Document - City of Auburn

City of AuburnDetail of Debt Service FundsSpecial GORSIW* Total-All5 Mill Series '76 BudgetedTax Tax Debt ServiceFund Fund FundsFY 03 BudgetRevenuesLocally levied taxesProperty taxes 1,650,000 - $ 1,650,000Other revenues -Interest 100,000 1,000 101,000Total revenues 1,750,000 1,000 1,751,000Other financing sources (OFS)Transfers in from other funds - 77,820 77,820Total revenues and OFS 1,750,000 78,820 1,828,820ExpendituresGeneral operationsTax administration fees 74,200 - 74,200Debt servicePrincipal 915,000 60,000 975,000Interest 845,881 17,820 863,701Total expenditures 1,835,081 77,820 1,912,901Excess of resources over (under) uses(85,081) 1,000 (84,081)Fund balances, October 1, 2002^ 1,485,947 34,890 1,520,837Projected Fund Balances, Sep 30, 2003$ 1,400,866 $ 35,890 $ 1,436,756FY 04 BudgetRevenuesLocally levied taxesProperty taxes 1,700,000 $ 1,700,000Other revenuesInterest 100,000 1,000 101,000Total revenues 1,800,000 1,000 1,801,000Other financing sources (OFS)Transfers in from other funds - 78,860 78,860Total revenues and OFSExpenditures1,800,000 79,860 1,879,860General operations-Tax administration fees 76,500 - 76,500Debt servicePrincipal 930,000 65,000 995,000Interest 809,946 13,860 823,806Total expenditures 1,816,446 78,860 1,895,306Excess of resources over (under) uses (16,446) 1,000 (15,446)Projected Fund Balances, Sep 30, 20031,400,866 35,890 1,436,756Projected Fund Balances, Sep 30, 2004 $ 1,384,420 $ 36,890 $ 1,421,310* GORSIW = General Obligation Refunding Street Improvement Warrants.^ FY 02 ending fund balance amounts have been updated from ordinance amounts to reflect unauditedactual amounts.256