Audit for Fiscal Year Ending June 30, 2017
Exhibit B
CITY OF SPENCER STATEMENT OF CASH RECEIPTS, DISBURSEMENTS, AND CHANGES IN CASH BALANCES GOVERNMENTAL FUNDS AS OF AND FOR THE YEAR ENDED JUNE 30, 2017
Local Option Sales Tax
General
Road Use
RECEIPTS: Property tax ............................................................. Tax increment financing .......................................... Other city taxes ........................................................ Licenses and permits ............................................... Use of money and property ..................................... Intergovernmental .................................................... Charges for service .................................................. Special assessments ................................................ Miscellaneous ........................................................... DISBURSEMENTS: Public safety ............................................................. Public works ............................................................. Culture and recreation .............................................. Community and economic development .................. General government ................................................. Debt service .............................................................. Capital projects ......................................................... TOTAL DISBURSEMENTS EXCESS (DEFICIENCY) OF RECEIPTS OVER (UNDER) DISBURSEMENTS OTHER FINANCING SOURCES (USES): Debt proceeds ........................................................... Operating transfers in ................................................ Operating transfers out ............................................. TOTAL OTHER FINANCING SOURCES (USES) CASH BASIS FUND BALANCE: Nonspendable: Permanent fund principal ...................................... Restricted for: Debt service .......................................................... Capital projects ..................................................... Urban renewal purposes ...................................... Community and economic development purposes Employee benefits ................................................ Police purposes .................................................... Cemetery purposes .............................................. Streets .................................................................. Park purposes ....................................................... Committed for: Public safety purposes .......................................... Public work purposes ............................................ Culture and recreation purposes ........................... Community and economic development purposes General government purposes ............................. Unassigned .............................................................. TOTAL RECEIPTS NET CHANGE IN CASH BALANCES CASH BALANCES - BEGINNING OF YEAR ............. CASH BALANCES - END OF YEAR
$ 3,851,046
$
$
533,894 62,666 117,945 195,541 320,617 385,886 1,185,867 6,653.462
2,132,055
1,041
1,394,564
3,250 2,136,346
1,394,564
2,684,799 1,430,321 1,484,064
867,052
510,957
1,088,666
867,052
7,198,807
1,269,294
(545,345)
1,394,564
3,664,476 (1,702,101} 1,962,375 1,417,030 11,028,750
154,579 (1,438,077} (1,283,498}
(1,141,028} (1,141,028} 128,266 50,217
111,066 786,031 897,097
$
$
$ 12,445,780
178,483
$
$
$
178,483
897,097
877,899
5,997,095
483,931
1,627,019
504,713
2,955,123
$
$ 12,445,780
$
178,483
897,097
TOTAL CASH BASIS FUND BALANCES
See Notes to Financial Statements 15
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