FY 2017 - 2018 Audit
CITY OF SPENCER STATEMENT OF CASH RECEIPTS, DISBURSEMENTS, AND CHANGES IN CASH BALANCES GOVERNMENTAL FUNDS AS OF AND FOR THE YEAR ENDED JUNE 30, 2018
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 - includes $40,266 bond premo & fees 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
$ 3,870,678
$
$
513,958 81,145 148,014 214,718 332,216 319,047 1,075,089 6,554,865 2,613,038 1,533,849 1,443,541
1,922,325
2,414
1,433,348
1,433,348
1,924,739
212,129
852,381
1,185,391
6,987,948
852,381
1,433,348
(433,083)
1,072,358
4,053,004 (2,180,048) 1,872,956 1,439,873
(1,329,552) (1,329,552)
(904,781) (904,781) 167,577 178,483 346,060
103,796 897,097
12,445,780
$
$ 13,885,653
$ 1,000,893
$
$
$
346,060
1,000,893
988,512
6,985,064
278,073
1,651,344
508,442
3,474,218
TOTAL CASH BASIS FUND BALANCES
$ 1,000,893
$ 13,885,653
346,060
~
See Notes to Financial Statements 15
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