FY 2010-11 Adopted Budget - Volusia County Government

Limited Tax General Obligation Bonds Series 2005 Fund - 261Limited Tax General Obligation Bonds Series 2005 Fund - 261Summary: Volusia Forever is a voter approved millage of 0.2000 for land acquisition and improvement and theissuance of $39,875,000 Limited Tax General Obligation Bonds payable from the tax levy for financing. TheLimited Tax General Obligation Bonds Debt Service Fund provides for debt service costs and requiredreserves for the Series 2005 bonds issued to finance acquisition and improvement of environmentallysensitive lands, water resource protection, and outdoor recreation lands for the Volusia Forever program.FY 2010-11 millage for debt service is 0.1368.AdoptedFY2009-10BudgetFY2010-11RevenuesCurrent RevenuesTaxes $ 0 $ 3,432,980Subtotal Current Revenues $ 0 $ 3,432,980Non-Current RevenuesTransfers from Other Funds 3,434,688 0Appropriated Fund Balance 254,885 331,913Subtotal Non-current Revenues $ 3,689,573 $ 331,913Total Revenues $ 3,689,573 $ 3,764,893Total Operating Revenues $ 3,689,573 $ 3,764,893ExpendituresDebt Service $ 3,434,688 $ 3,431,388Reserves 254,885 333,505Total Expenditures $ 3,689,573 $ 3,764,893Total Operating Expenditures $ 3,689,573 $ 3,764,893Net Revenues Less Expenditures $ 0 $ 0Volusia County Section E - 124