Complete Document - City of Auburn

City of AuburnOverview of Other Funds - Debt Service FundsBiennial Budget - FY 03 & FY 04Total - AllBudgetedSpecial Five GORSIW Debt ServiceMill Tax Series '76 FundsAudited fund balances, 9.30.011,860,899$ $ 33,431 $ 1,894,330FY 02 Actual revenues* 1,593,478 77,909 1,671,387FY 02 Actual expenditures* 1,968,430 76,450 2,044,880Projected fund balances, 9.30.02 1,485,947 34,890 1,520,837FY 03 BudgetRevenuesTaxes - ad valorem 1,650,000 - 1,650,000Other revenue 100,000 1,000 101,000Total revenues 1,750,000 1,000 1,751,000Other financing sourcesTransfers from other funds - 77,820 77,820Total resources available 3,235,947 113,710 3,349,657ExpendituresNon-departmentalGeneral operations 75,200 - 75,200Debt servicePrincipal 915,000 60,000 975,000Interest 844,881 17,820 862,701Total expenditures 1,835,081 77,820 1,912,901Total resources used 1,835,081 77,820 1,912,901Projected fund balances, 9.30.03 1,400,866 35,890 1,436,756FY 04 BudgetRevenuesTaxes - ad valorem 1,700,000 - 1,700,000Other revenue 100,000 1,000 101,000Total revenues 1,800,000 1,000 1,801,000Other financing sourcesTransfers from other funds - 78,860 78,860Total resources available 3,200,866 115,750 3,316,616ExpendituresNon-departmentalGeneral operations 77,500 - 77,500Debt servicePrincipal 930,000 65,000 995,000Interest 808,946 13,860 822,806Total expenditures 1,816,446 78,860 1,895,306Total resources used 1,816,446 78,860 1,895,306Projected fund balances, 9.30.04 $ 1,384,420 $ 36,890 $ 1,421,310* Unaudited74