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Debt - BTA by FundCity of Otsego Debt Service Fund Budget ‐ 2019 Fund 375 ‐ G.O. Improvement Refunding Bonds, Series 2012A Mississippi Shores Frontage & Waterfront East Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 375 47000 36100 SPECIAL ASSESSMENTS 384,480$          55,686$             ‐$                        52,103$             49,890$             375 47000 36102 SPECIAL ASSESSMENTS INTEREST ‐                        ‐                        ‐                          ‐                         ‐                        375 47000 36210 INVESTMENT EARNINGS ‐                        ‐                        ‐                          ‐                         ‐                        TOTAL 384,480           55,686              ‐                          52,103               49,890              Expenditures 375 47000 601 PRINCIPAL 190,000           205,000            ‐                         210,000            205,000            375 47000 602 INTEREST 20,100              16,300              6,100                  12,200               8,000                375 47000 620 FISCAL AGENT FEE'S 852                   667                   ‐                          500                    500                   375 47000 720 TRANSFERS OUT 149,234            ‐                        ‐                          ‐                         ‐                        TOTAL 360,186          221,967           6,100                 222,700           213,500           EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES 24,294$             (166,281)$         (6,100)$              (170,597)$         (163,610)$         Fund 375 ‐ G.O. Improvement Refunding Bonds, Series 2012A Account Number City of Otsego Debt Service Fund Budget ‐ 2019 Fund 376 ‐ G.O. Improvement Bonds, Series 2018A Mississippi Shores Renewal & Kadler Avenue Construction Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 376 47000 31010 CURRENT AD VALOREM TAXES ‐$                       ‐$                       ‐$                        79,293$             91,757$             376 47000 36100 SPECIAL ASSESSMENTS ‐                        99,515              10,915               146,536            159,120            376 47000 36210 INTEREST EARNINGS ‐                        8,254                ‐                          ‐                         ‐                        376 47000 39230 BOND PREMIUM ‐                        58,475              ‐                          ‐                         ‐                        376 47000 39300 BOND PROCEEDS ‐                        52,509              ‐                          ‐                         ‐                        TOTAL ‐                       218,753           10,915               225,829           250,877           Expenditures 376 47000 601 PRINCIPAL ‐                        ‐                        ‐                          ‐                        170,000            376 47000 602 INTEREST ‐                        ‐                        38,559                73,262               66,856              376 47000 620 FISCAL AGENT FEE'S ‐                        71,670              ‐                          500                    500                   376 47000 720 TRANSFERS OUT ‐                        ‐                        ‐                          ‐                         ‐                        TOTAL ‐                        71,670              38,559                73,762              237,356           EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES ‐$                      147,083$          (27,644)$           152,067$          13,521$             Fund 376 ‐ G.O. Improvement Bonds, Series 2018A Account Number City of Otsego Debt Service Fund Budget ‐ 2019 Fund 380 ‐ G.O. Improvement Refunding Bonds, Series 2010D & Series 2011A Queens Avenue & CSAH 42 Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 380 47000 31010 CURRENT AD VALOREM TAXES 225,000$         215,000$          ‐$                       205,000$         195,000$          380 47000 36100 SPECIAL ASSESSMENTS 64,183             235,754            ‐                         127,394            114,770            380 47000 39200 TRANSFERS IN 2,008                ‐                        ‐                          ‐                         ‐                        TOTAL 291,192          450,754           ‐                         332,394           309,770           Expenditures 380 47000 601 PRINCIPAL 455,000           465,000           480,000             480,000            485,000            380 47000 602 INTEREST 123,225           113,855            54,518               104,066             93,784              380 47000 620 FISCAL AGENT FEE'S 1,209                839                   495                     1,000                 1,000                TOTAL 579,434          579,694          535,013            585,066           579,784           EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES (288,243)$         (128,939)$         (535,013)$          (252,672)$         (270,014)$         Fund 380 ‐ G.O. Improvement Refunding Bonds, Series 2010D & 2011A Account Number City of Otsego Debt Service Fund Budget ‐ 2019 Fund 385 ‐ G.O. Improvement Refunding Bonds, Series 2010B City Hall & Public Works Garage Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 385 47000 31010 CURRENT AD VALOREM TAXES 430,000$         440,000$          ‐$                       450,000$         460,000$          385 47000 39203 TRANSFERS IN ‐                        ‐                        ‐                          ‐                         ‐                        TOTAL 430,000          440,000           ‐                         450,000           460,000           Expenditures 385 47000 601 PRINCIPAL 435,000           445,000            ‐                         455,000            470,000            385 47000 602 INTEREST 59,423              50,070              19,695                39,390               27,560              385 47000 620 FISCAL AGENT FEE'S 357                   667                   ‐                          500                    500                   TOTAL 494,780          495,737           19,695               494,890           498,060           EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES (64,780)$           (55,737)$           (19,695)$            (44,890)$           (38,060)$           Fund 385 ‐ G.O. Improvement Refunding Bonds, Series 2010B Account Number City of Otsego Debt Service Fund Budget ‐ 2019 Fund 395 ‐ G.O. Improvement Bonds, Series 2007B Friendship Addition & Waterfront East Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 395 47000 36100 SPECIAL ASSESSMENTS 163,481$          12,714$             ‐$                        11,894$             11,376$             TOTAL 163,481           12,714              ‐                          11,894               11,376              Expenditures 395 47000 601 PRINCIPAL ‐                        ‐                        ‐                          ‐                         ‐                        395 47000 602 INTEREST ‐                        ‐                        ‐                          ‐                         ‐                        395 47000 620 FISCAL AGENT FEE'S ‐                        ‐                        ‐                          ‐                         ‐                        TOTAL ‐                        ‐                        ‐                          ‐                         ‐                        EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES 163,481$          12,714$             ‐$                        11,894$             11,376$             Fund 395 ‐ G.O. Improvement Bonds, Series 2007B Account Number City of Otsego Debt Service Fund Budget ‐ 2019 Fund 399 ‐ G.O. Equipment Certificates, Series 2010A Jet Vac Truck Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 399 47000 39203 TRANSFERS IN 49,000$             48,000$             ‐$                        41,000$             ‐$                       TOTAL 49,000              48,000              ‐                          41,000               ‐                        Expenditures 399 47000 601 PRINCIPAL 45,000              45,000              ‐                          40,000               ‐                        399 47000 602 INTEREST 4,000                2,650                650                     1,300                 ‐                        399 47000 620 FISCAL AGENT FEE'S 852                   667                   ‐                          500                    ‐                        TOTAL 49,852              48,317              650                     41,800               ‐                        EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES (852)$                 (317)$                 (650)$                  (800)$                 ‐$                       Account Number Fund 399 ‐ G.O. Equipment Certificates, Series 2010A City of Otsego Debt Service Fund Budget ‐ 2019 Fund 360 ‐ G.O. Revenue Refunding Bonds, Series 2009A & Series 2010C Water & Sanitary Sewer Infrastructure + Buildings Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 360 47000 34406 WATER AVAILABILITY + CONNECTION CHARGES 1,029,991$      966,004$         626,214$          445,250$         449,750$          360 47000 36100 SPECIAL ASSESSMENTS 6,928                96,356              ‐                          21,602               28,056              360 47000 36210 INVESTMENT EARNINGS 53,552              71,917              ‐                          ‐                         ‐                        360 47000 36213 INVESTMENT FAIR MARKET VALUE ADJUSTMENT (22,265)            (20,667)            ‐                          ‐                         ‐                        360 47000 39200 TRANSFERS IN 93,820              93,820              93,820                93,820               93,820              TOTAL 1,162,026        1,207,431       720,034            560,672           571,626           Expenditures 360 47000 510 LAND ACQUISITION / EASEMENTS 4,632                ‐                        ‐                          ‐                         ‐                        360 47000 530 IMPROVEMENTS OTHER THAN BLDG ‐                        20,955              ‐                          ‐                         ‐                        360 47000 601 PRINCIPAL ‐                        ‐                        ‐                         799,200            840,600            360 47000 602 INTEREST 345,358           315,940           143,912             287,824            255,856            360 47000 620 FISCAL AGENT FEE'S 714                   528                   ‐                          750                    750                   360 47000 650 DEBT SERVICE AMORTIZATION'S (28,398)            (28,397)            ‐                          (28,398)             (28,398)            360 47000 750 TRANSFER OUT ‐ CAPITAL ASSETS 40,830              ‐                        ‐                          ‐                         ‐                        TOTAL 363,135          309,026          143,912             1,059,376         1,068,808        EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES 798,891$         898,405$         576,122$           (498,704)$         (497,182)$         Fund 360 ‐ G.O. Revenue Refunding Bonds, Series 2009A & 2010C Account Number City of Otsego Debt Service Fund Budget ‐ 2019 Fund 361 ‐ G.O. Revenue Refunding Bonds, Series 2009A & Series 2010C Water & Sanitary Sewer Infrastructure + Buildings Actual Actual Year‐to‐Date Budget Budget Fund Department Object Account Description 2017 2018 2019 2019 2020 Revenues 361 47000 34407 SEWER AVAILABILITY + CONNECTION CHARGES 2,526,404$       2,973,952$       1,966,262$        1,403,600$       1,417,750$       361 47000 36100 SPECIAL ASSESSMENTS 13,716             159,042            ‐                          62,113               60,137              361 47000 36210 INVESTMENT EARNINGS 110,191           170,925            ‐                          ‐                         ‐                        361 47000 36213 INVESTMENT FAIR MARKET VALUE ADJUSTMENT (45,813)            (49,119)            ‐                          ‐                         ‐                        361 47000 39200 TRANSFERS IN 106,180           166,790           166,790             166,790            166,790            TOTAL 2,710,678        3,421,590        2,133,052          1,632,503         1,644,677        Expenditures 361 47000 510 LAND ACQUISITION / EASEMENTS 4,632                ‐                        ‐                          ‐                         ‐                        361 47000 601 PRINCIPAL ‐                        ‐                        ‐                          1,420,800         1,494,400        361 47000 602 INTEREST 613,969           561,670           255,843             511,686            454,854            361 47000 620 FISCAL AGENT FEE'S 991                   805                   ‐                          1,500                 1,500                361 47000 650 DEBT SERVICE AMORTIZATION'S (50,485)            (50,484)            ‐                          (50,484)             (50,484)            361 47000 750 TRANSFER OUT ‐ CAPITAL ASSETS 40,830              ‐                        ‐                          ‐                         ‐                        TOTAL 609,937          511,992          255,843             1,883,502         1,900,270        EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES 2,100,741$       2,909,598$       1,877,209$        (250,999)$         (255,593)$         Fund 361 ‐ G.O. Revenue Refunding Bonds, Series 2009A & 2010C Account Number