2021 Dec Monthly Report by cityofindepmo

MEMO

Date: January 2022

To: Audit Finance Committee

From: Finance

DECEMBER CITY‐WIDE TAX REVENUE

Real Estate Tax

 The City collects property tax in the General Fund and the Health, Parks and Recreation Funds. The City receives real estate taxes in December. Taxes decreased from 2020-21 by $129,417 due the prior year recoupments issued by Jackson County that reduced the City’s assessed property valuation. Recoupments are the settlements by the residents that appeal their property valuations

 Budgeted split was set with 68% to General Fund with the remaining 32% to Health Levy Fund and Recreation Prop Fund. The 32% is then split with 32% to Health Levy Fund and 68% to Recreation Prop Fund

Sales Tax

 As shown with the red dot on the Sales Tax revenue graph below, December sales tax collections are in line with last year’ collections.

500,000.00 1,000,000.00 1,500,000.00 2,000,000.00 2,500,000.00 SALES TAX REVENUE ‐ GENERAL FUND 002 2019-20 2020-21 2021-22 15,000,000 16,000,000 17,533,711 17,745,438 18,295,167 9,862,997 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 18,000,000 20,000,000

General

Annual Sales Tax Revenue

Fund 002 December 31, 2021

Use Tax

 The cap for Animal Shelter (Fund 010) is $762,750

 The cap for Police Use Tax (Fund 018) is $3,032,000.

 The funds received after the caps have been met are then prorated based on the sales tax rate for each of the funds receiving sales tax. Distribution for the amount is as follows:

Use Tax Monthly for 2021‐2022

Use Tax Annual Comprison For Years Ending 2020‐2022

Dec 2021 Year to Date Fund Collections Collections Animal Services Use $ - $ 762,750 Police Use $ 407,328 $ 2,015,111 General $ - $Street Sales $ - $Parks Sales $ - $Stormwater sales $ - $Police Sales $ - $Fire Sales $ - $$ 407,328 $ 2,777,861 217,198 258,488 263,056 24,008 - - - - - -217,198 258,488 263,056 398,995 470,046 407,328100,000 200,000 300,000 400,000 500,000 600,000

010 Animal 018 Police100,000 200,000 300,000 400,000 500,000 600,000 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

2020 2021 2022

TRANSIENT GUEST TAX

 The City receives taxes from the gross daily rent due from or paid by transient guests of all hotels and motels, bed and breakfast inns and campgrounds. Each operator will, on or before the twentieth day of the month following the close of each month, make a return of taxes collected for transient occupancy.

 Use of funds are used for Historic site maintenance and Tourism sales and services. The December collections are trending higher than collections for December in 2019 and 2020.

Guest Tax By Month

Fiscal Years 2019, 2020 & YTD 2021

Guest Tax Annual Receipts

Fiscal Years 2016 ‐ YTD 2022

1,963,550 1,991,864 1,938,962 1,967,003 1,554,582 1,321,757 1,126,176 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 2016 2017 2018 2019 2020 2021 2022

$0 $50,000 $100,000 $150,000 $200,000 $250,000

2019-2020 2020-2021 2021-2022

FUND BALANCE

 The City’s policy for minimum fund balances are as follows:

o General Fund – 16% of annual operating revenues.

o Special Revenue Funds designated for capital purposes – 5% of annual operating revenues.

o Special Revenue Funds supporting personnel and ongoing operations – 16% of annual operating revenues.

 The following page shows the fund balance calculation for December 31, 2021.

o The General Fund and Power and Light funds are below their targets.

o City Policy is that a plan needs to be developed to replenish the fund balances to target within five years.

 Some funds show surplus over the target. These surpluses need to be balanced with capital spending plans showing the use of those surpluses.

 The page after includes the adopted six-year CIP showing capital expenditures for each fund.

Fund December 31, Balance Policy Basis of Calculation Actual % 5% Policy 16% Policy Over (Under) General 9,438,888 16% of operating expenditures 78,017,743 12% - 12,482,839 (3,043,951) $ Street Sales Tax 2,225,387 Between 5% and 16% of Revenues 9,035,391 25% - 1,445,663 779,724 Park Improvement 2,537,803 Between 5% and 16% of Revenues 5,037,657 50% - 806,025 1,731,778 Storm Water 8,912,922 Between 5% and 16% of Revenues 4,637,032 192% - 741,925 8,170,997 Police Public Safety Sales 1,789,354 5% of Annual Revenues 2,459,201 73% 122,960 - 1,666,394 Fire Protection Sales Tax 369,581 Between 5% and 16% of Revenues 2,271,486 16% - 363,438 6,143 Animal Shelter Use 598,160 Between 5% and 16% of Revenues 762,750 78% - 122,040 476,120 Police Use 4,946,279 Between 5% and 16% of Revenues 3,039,000 163% - 486,240.00 4,460,039 Health Property Tax 750,999 Between 5% and 16% of Revenues 1,386,432 54% - 221,829.12 529,170 Parks and Rec Property Tax 1,421,520 Between 5% and 16% of Revenues 2,146,831 66% - 343,493 1,078,027 Tourism 1,036,666 Between 5% and 16% of Revenues 1,683,926 62% - 269,428.16 767,238 Power and Light 47,766,916 Risk Based Calculation 67,000,000 - - - (19,233,084) Water 44,266,297 Risk Based Calculation 15,300,000 0% - - 28,966,297 Water Pollution Control 31,933,847 Risk Based Calculation 16,550,000 - - - 15,383,847

Policy For

CITY OF INDEPENDENCE, MISSOURI Reserve Balance per

the period ended December 31, 2021

Capital Improvement Program 2022‐2027

Total 6‐year Fund 2022 2023 2024 2025 2026 2027 CIP General - - - - - -Street Sales 6,499,336 6,473,836 6,415,899 6,176,579 6,395,871 7,250,256 39,211,777 Park Improvement - - - - - -Storm Water 1,772,500 2,822,500 2,892,500 1,720,000 1,780,000 1,760,000 12,747,500 Police Public Safety Sales 2,573,508 1,834,663 1,898,917 550,000 - - 6,857,088 Fire Protection Sales Tax - - - - - -Animal Shelter Use - - - - - -Police Use Health Property Tax------Parks and Rec Property Tax - - - - - -Tourism 275,000 75,000 75,000 75,000 75,000 75,000 650,000 Power and Light 6,003,956 4,560,000 3,540,000 2,000,000 950,000 960,000 18,013,956 Water 6,420,000 7,200,000 3,025,000 9,600,000 9,325,000 1,275,000 36,845,000 Water Pollution Control 3,937,500 3,878,900 3,978,750 4,008,000 3,977,000 4,000,000 23,780,150 27,483,822 26,846,922 21,828,090 24,131,604 22,504,897 15,322,283 138,105,471

ITEMS OF NOTE for DECEMBER 2021 General Fund

The actual year-to-date General Fund revenues and other financing sources, through December 31st, compared to the amended budget are 57.19%, and actual expenditures and other financing uses are 49.98%. These percentages are in line with the cumulative total trend of 50% (December is month 6 and 6 divided by 12 = 50%). The attached summary reports reflect the December year-to-date actual revenues and expenditures compared to total budget.

There are a couple of revenue streams that are trending significantly below the 50%.

 Franchise Taxes are at 37 80%.

 Fines and Forfeitures are at 25 02%.

Real Estate taxes are at 99.40% because the billings are booked annually when the County issues the tax bills, and then revenues are updated monthly for tax adjustments.

The American Rescue Plan (ARP) funds of $3,122,000 have been transferred to the General Fund for loss of revenue. Without the ARP funds the revenues and other financing sources would be at 53.02%.

There are a couple of departments where expenditures are trending above the 50%.

 City Clerk is at 68.09% - this is due to a payment for election costs in October that utilized 100% of the budget for this line item.

 Fire is at 54.35% - this is mainly due to over-time and minimum staffing and encumbrances being entered at the start of the year that cover the entire fiscal year or multiple future months.

 Law is at 53.25% - this is due to a purchase being made in September that utilized 100% of the budget for this line item (land purchase).

UTILITY FUND NOTES

Power and Light

The actual year-to-date Power and Light operating revenues, through December 31, 2021, compared to the amended budget are 51.91%. Operating expenditures are 47.87%. This percentage is compared to the cumulative total trend of 50% (December is month 6 and 6 divided by 12 = 50%). Total Transfers and Special Items are at 47.66% which includes Payments in Lieu of taxes for the month of December. The attached summary reports reflect the December 2021 yearto-date actual revenues and expenditures compared to total budget.

Water

The actual year-to-date Water operating revenues, through December 31, 2021, compared to the amended budget are 53.11%. Operating expenditures are 30.72%. This percentage is compared to the cumulative total trend of 50% (December is month 6 and 6 divided by 12 = 50%). Total Transfers are at 51.55% which includes Payments in Lieu of taxes for the month of December. The attached summary reports reflect the December 2021 year-to-date actual revenues and expenditures compared to total budget.

Sanitary Sewer

The actual year-to-date Sanitary Sewer operating revenues, through December 31, 2021, compared to the amended budget are 53.11%. Operating expenditures are 26.22%. This percentage is compared to the cumulative total trend of 50% (December is month 6 and 6 divided by 12 = 50%). Total Transfers are at 49.18% which includes Payments in Lieu of taxes for the month of December. The attached summary reports reflect the December 2021 year-to-date actual revenues and expenditures compared to total budget.

Monthly Financial and Operating Report December 2021

Table of Contents General Fund 1 Sales Tax Funds Street Improvements Sales Tax Fund 2 Park Improvements Sales Tax Fund 3 Storm Water Sales Tax Fund 4 Police Public Safety Sales Tax Fund 5 Fire Protection Sales Tax Fund 6 Use Tax Funds Animal Shelter 7 Police 8 Property Tax Levy Funds Health Property Tax Levy 9 Parks and Recreation Property Tax Levy 10 Special Revenue Funds Tourism Fund 11 Independence Square Benefit District 12 Community Development Block Grant Fund 13 Rental Rehabilitation 14 License Surcharge 15 Grants 16 American Rescue Plan (ARP) 17 Enterprise Funds Power and Light 18 - 19 Water 20 - 21 Water Pollution Control 22 - 23 Events Center Debt Service 24 Internal Service Funds Central Garage 25 Staywell Health Care 26 Worker's Compensation 27 Risk Management 28 Enterprise Resource Planning 29 Debt Service Fund Debt Service - Neighborhood Improvement Districts 30 Capital Improvement Funds Street Improvements Capital Project Fund 31 Revolving Public Improvements Capital Project Fund 32 Building and Other Improvements Capital Project Fund 33 Storm Drainage Capital Project Fund 34 Park Improvements Capital Project Fund 35 Private Purpose Expendable Trust Fund - Vaile Mansion 36 Independence Events Center CID 37 Crackerneck Creek TDD 38 Tax Increment Financing Summary 39 Mid-Town Truman Rd TIF 40 Santa Fe TIF 41 Hartman Heritage TIF 42 Drumm Farm TIF 43 Eastland TIF 44 North Independence TIF 45 Mt Washington TIF 46 Crackerneck Creek TIF 47 Old Landfill TIF 48 Trinity TIF 49 HCA TIF 50 Cinema East TIF 51 23rd & Noland Project 1 TIF 52 23rd & Noland Project 2 TIF 53 23rd & Noland Project 3 TIF 54 23th & Noland Project 4 TIF 55 Independence Square TIF 56 I-70 & Little Blue Parkway Project 1 TIF 57 I-70 & Little Blue Parkway Project 3 TIF 58 Marketplace Project 1 TIF 59 Marketplace Project 2 TIF 60 TIF Application Fees 61 TIF Supplemental Appropriation Fund 62

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule General Fund

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Real Estate Tax $ 5,732,000 5,732,000 5,697,421 (34,579) 99.40% 49.40% Sales Tax 18,617,431 18,617,431 9,862,997 (8,754,434) 52.98% 2.98% Use Tax 448,000 448,000 (448,000) 0.00% -50.00% Cigarette Tax 420,000 420,000 197,632 (222,368) 47.06% -2.94% Franchise Tax 8,171,990 8,171,990 3,088,676 (5,083,314) 37.80% -12.20% Licenses and Permits 4,043,350 3,991,500 2,504,815 (1,486,685) 62.75% 12.75% Intergovernmental 5,330,000 5,330,000 2,719,815 (2,610,185) 51.03% 1.03% Charges for Current Services 1,915,000 1,908,000 907,344 (1,000,656) 47.55% -2.45% Interfund Charges for Support Services 5,035,500 5,035,500 2,517,750 (2,517,750) 50.00% 0.00% Fines and Forfeitures 3,710,000 3,710,000 928,204 (2,781,796) 25.02% -24.98% Investment Income (Loss) 194,000 194,000 72,748 (121,252) 37.50% -12.50% Other Revenue 541,894 541,894 605,409 63,515 111.72% 61.72% Total Revenues 54,159,165 54,100,315 29,102,811 (24,997,504) 53.79% 3.79% Other Financing Sources: Payments In Lieu of Taxes 20,696,578 20,696,578 10,553,005 (10,143,573) 50.99% 0.99% Operating Transfers In - American Rescue Plan 3,122,000 3,122,000 0.00% -50.00% Total Other Financing Sources 20,696,578 20,696,578 13,675,005 (7,021,573) 66.07% 16.07% Total Revenues and Other Financing Sources 74,855,743 74,796,893 42,777,816 (32,019,077) 57.19% 7.19% Expenditures: City Council 711,350 711,350 316,076 395,274 44.43% -5.57% City Clerk 325,744 376,244 256,203 120,041 68.09% 18.09% City Manager 1,185,232 1,185,232 599,488 585,744 50.58% 0.58% Municipal Court 1,264,139 1,225,139 549,054 676,085 44.82% -5.18% Law 611,371 771,371 410,744 360,627 53.25% 3.25% Finance 6,264,935 6,303,935 3,116,985 3,186,950 49.45% -0.55% Community Development 4,576,184 4,576,184 2,141,526 2,434,658 46.80% -3.20% Police 33,155,226 33,155,226 15,936,479 17,218,747 48.07% -1.93% Fire 23,852,022 23,852,022 12,964,660 10,887,362 54.35% 4.35% Health 2,941 (2,941) 0.00% -50.00% Municipal Services (Public Works) 5,995,281 5,828,028 2,737,012 3,091,016 46.96% -3.04% Parks and Recreation 167,253 64,304 102,949 38.45% -11.55% Contingencies 17,028 17,028 17,028 0.00% -50.00% Debt service 59,231 59,231 59,231 0.00% -50.00% Total Expenditures 78,017,743 78,228,243 39,095,472 39,132,771 49.98% -0.02% Other Financing Uses: Transfers Out 10,000 10,000 10,000 100.00% 50.00% Total Expenditures and Other Financing Uses 78,027,743 78,238,243 39,105,472 39,132,771 49.98% -0.02% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (3,172,000) (3,441,350) 3,672,344 7,113,694 Unassigned Fund Balance at Beginning of Year 5,708,549 Cancellation of prior year encumbrances 55,615 Change in other fund balance components during the year 1,980 Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 9,438,488 Restricted 118,750 Committed 14,393 Assigned 1,731,336 Total Fund Balance $ 11,302,967

CITY OF INDEPENDENCE, MISSOURI Budgetary

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 8,770,391 8,770,391 4,694,870 (4,075,521) 53.53% 3.53% Use Tax 224,000 224,000 (224,000) 0.00% -50.00% Charges for Services 0.00% -50.00% Intergovernmental Revenue 0.00% -50.00% Investment Income (Loss) 41,000 41,000 38,394 (2,606) 93.64% 43.64% Other Revenue 0.00% -50.00% Total Revenues 9,035,391 9,035,391 4,733,264 (4,302,127) 52.39% 2.39% Other Financing Sources: Transfers in 0.00% -50.00% Total other financing sources 0.00% -50.00% Total revenues and other financing sources 9,035,391 9,035,391 4,733,264 (4,302,127) 52.39% 2.39% Expenditures: General Government 0.00% -50.00% Street Maintenance 1,166,177 1,166,177 710,542 455,635 60.93% 10.93% Capital Outlay 6,486,836 22,952,225 4,649,392 18,302,833 20.26% -29.74% Debt Service 474,576 474,576 217,074 257,502 45.74% -4.26% Total Expenditures 8,127,589 24,592,978 5,577,008 19,015,970 22.68% -27.32% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 8,127,589 24,592,978 5,577,008 19,015,970 22.68% -27.32% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 907,802 (15,557,587) (843,744) 14,713,843 Unassigned Fund Balance at Beginning of Year 1,885,478 Cancellation of Prior Year Encumbrances 44,933 Change in Other Fund Balance Components During the Year 1,138,720 Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 2,225,387 Fund Balance Components: Restricted - Current Year Encumbrances 4,058,701 Restricted - Prior Year Encumbrances 2,303,111 Restricted - Debt Reserve Project Accounts - Capital Projects 12,700,872 Total Fund Balance $ 21,288,071

Schedule

Improvements Sales Tax Fund For the period ended December 31, 2021 2

Comparison

Street

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Sales Tax Fund For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 4,385,212 4,385,212 2,347,436 (2,037,776) 53.53% 3.53% Use Tax 112,000 112,000 (112,000) 0.00% -50.00% Charges for services 519,752 519,752 195,044 (324,708) 37.53% -12.47% Intergovernmental 0.00% -50.00% Investment Income (Loss) 18,180 18,180 19,576 1,396 107.68% 57.68% Other Revenue 2,513 2,513 6,573 4,060 261.56% 211.56% Total Revenues 5,037,657 5,037,657 2,568,629 (2,469,028) 50.99% 0.99% Other Financing Sources: Transfers In 240,092 240,092 (240,092) 0.00% -50.00% Transfers In - American Rescue Plan 1,617,285 1,617,285 0.00% -50.00% Proceeds from Bond Issuance/Capital Lease 0.00% -50.00% Total Other Financing Sources 240,092 240,092 1,617,285 1,377,193 673.61% 623.61% Total Revenues and Other Financing Sources 5,277,749 5,277,749 4,185,914 (1,091,835) 79.31% 29.31% Expenditures: Culture and Recreation 4,373,935 4,373,935 2,163,699 2,210,236 49.47% -0.53% Capital Outlay 506,000 1,394,608 83,659 1,310,949 6.00% -44.00% Debt Service 207,215 207,215 207,215 0.00% -50.00% Total Expenditures 5,087,150 5,975,758 2,247,358 3,728,400 37.61% -12.39% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 5,087,150 5,975,758 2,247,358 3,728,400 37.61% -12.39% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 190,599 (698,009) 1,938,556 2,636,565 Unassigned Fund Balance at Beginning of Year 599,247 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 2,537,803 Other Fund Balance Components: Restricted - Current Year Encumbrances 415,667 Restricted - Prior Year Encumbrances 75,344 Total Fund Balance $ 3,028,814

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Storm Water Sales Tax Fund

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 4,385,212 4,385,212 2,347,436 (2,037,776) 53.53% 3.53% Use Tax 112,000 112,000 (112,000) -50.00% Investment Income (loss) 132,000 132,000 81,719 (50,281) 61.91% 11.91% Other Revenue 7,820 7,820 12,043 4,223 154.00% 104.00% Total revenues 4,637,032 4,637,032 2,441,198 (2,195,834) 52.65% 2.65% Expenditures: Storm water Administration 272,856 272,856 132,942 139,914 48.72% -1.28% Maintenance 2,381,657 2,381,657 1,446,435 935,222 60.73% 10.73% Permit completion 318,000 318,000 300,100 17,900 94.37% 44.37% Capital outlay 1,760,000 4,999,175 1,371,287 3,627,888 27.43% -22.57% Total Expenditures 4,732,513 7,971,688 3,250,764 4,720,924 40.78% -9.22% Total Ependitures and Other Financing Uses 4,732,513 7,971,688 3,250,764 4,720,924 Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (95,481) (3,334,656) (809,566) 2,525,090 Unassigned Fund Balance at Beginning of Year 9,476,507 Cancellation of Prior Year Encumbrances 245,981 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 8,912,922 Other Fund Balance Components: Restricted - Current Year Encumbrances 1,288,181 Restricted - Prior Year Encumbrances 158,072 Restricted - Regional Detention Construction 18,759 Restricted - Regional Detention Maintenance 40,311 Restricted - Emergency Response Relief 500,000 Total Fund Balance $ 10,918,245

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Police Public Safety Sales Tax Fund

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 2,358,694 2,358,694 1,245,266 (1,113,428) 52.79% 2.79% Use Tax 56,000 56,000 (56,000) 0.00% -50.00% Investment Income (Loss) 37,000 37,000 17,468 (19,532) 47.21% -2.79% Other Revenue 7,507 7,507 29,304 21,797 390.36% 340.36% Total Revenues 2,459,201 2,459,201 1,292,038 (1,167,163) 52.54% 2.54% Expenditures: Public Safety Communications 675,922 675,922 461,364 214,558 68.26% 18.26% Facilities 104,500 104,500 55,691 48,809 53.29% 3.29% Equipment 1,924,697 1,924,697 1,263,102 661,595 65.63% 15.63% Debt Service 0.00% -50.00% Total Expenditures 2,705,119 2,705,119 1,780,157 924,962 65.81% 15.81% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 2,705,119 2,705,119 1,780,157 924,962 65.81% 15.81% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (245,918) (245,918) (488,119) (242,201) Unassigned Fund Balance at Beginning of Year 2,277,473 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 1,789,354 Other Fund Balance Components: Restricted - Current Year Encumbrances 941,537 Restricted - Prior Year Encumbrances 75,192 Total Fund Balance $ 2,806,083

CITY OF INDEPENDENCE, MISSOURI Budgetary

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 2,192,486 2,192,486 1,173,720 (1,018,766) 53.53% 3.53% Use Tax 56,000 56,000 (56,000) 0.00% -50.00% Investment Income (Loss) 17,000 17,000 14,139 (2,861) 83.17% 33.17% Other Revenue 6,000 6,000 19,475 13,475 324.58% 274.58% Total Revenues 2,271,486 2,271,486 1,207,334 (1,064,152) 53.15% 3.15% Expenditures: Public Safety 2,763,693 2,763,693 1,518,951 1,244,742 54.96% 4.96% Debt Service 73,236 73,236 73,236 0.00% -50.00% Total Expenditures 2,836,929 2,836,929 1,518,951 1,317,978 53.54% 3.54% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 2,836,929 2,836,929 1,518,951 1,317,978 53.54% 3.54% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (565,443) (565,443) (311,617) 253,826 Unassigned Fund Balance at Beginning of Year 678,965 Cancellation of Prior Year Encumbrances 2,233 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 369,581 Other Fund Balance Components: Restricted - Current Year Encumbrances 197,112 Restricted - Prior Year Encumbrances 1,357,277 Total Fund Balance $ 1,923,970

Schedule

Protection Sales Tax Fund

the period ended December 31, 2021 6

Comparison

Fire

For

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Animal

For

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Use Tax $ 762,750 762,750 762,750 100.00% 50.00% Intergovernmental Revenue 0.00% -50.00% Investment Income (Loss) 1,395 1,395 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 762,750 762,750 764,145 1,395 100.18% 50.18% Expenditures: General Government -50.00% Animal Services 728,545 728,545 319,108 409,437 43.80% -6.20% Capital Outlay 0.00% -50.00% Debt Service 0.00% -50.00% Total Expenditures 728,545 728,545 319,108 409,437 43.80% -6.20% Other Financing Uses: Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 728,545 728,545 319,108 409,437 43.80% -6.20% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 34,205 34,205 445,037 410,832 Unassigned Fund Balance at Beginning of Year 153,123 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 598,160 Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances 1,436 Total Fund Balance $ 599,596

Shelter Use Tax

the period ended December 31, 2021 7

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Use Tax $ 3,032,000 3,032,000 2,015,111 (1,016,889) 66.46% 16.46% Investment Income (Loss) 7,000 7,000 29,347 22,347 419.24% 369.24% Other Revenue 0.00% -50.00% Total Revenues 3,039,000 3,039,000 2,044,458 (994,542) 67.27% 17.27% Expenditures: Public Safety 2,258,155 2,258,155 644,671 1,613,484 28.55% -21.45% Debt Service 0.00% -50.00% Total Expenditures 2,258,155 2,258,155 644,671 1,613,484 28.55% -21.45% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 2,258,155 2,258,155 644,671 1,613,484 28.55% -21.45% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 780,845 780,845 1,399,787 618,942 Unassigned Fund Balance at Beginning of Year 3,546,492 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 4,946,279 Other Fund Balance Components: Restricted - Current Year Encumbrances 42,289 Restricted - Prior Year Encumbrances Total Fund Balance $ 4,988,568

Budgetary Comparison Schedule Police Use Tax For the period ended December 31, 2021 8

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule Health Property Tax Levy For the period ended December 31, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 870,000 870,000 858,376 (11,624) 98.66% 48.66% Charges for Services 150,000 157,000 69,370 (87,630) 44.18% -5.82% Licenses & Permits 366,432 418,282 237,799 (180,483) 56.85% 6.85% Investment Income (Loss) 2,271 2,271 0.00% -50.00% Other Revenue 3,342 3,342 0.00% -50.00% Total Revenues 1,386,432 1,445,282 1,171,158 (274,124) 81.03% 31.03% Other Financing Sources: Transfers In - American Rescue Plan 300,000 300,000 0.00% -50.00% Total Other Financing Uses 300,000 300,000 0.00% -50.00% Total Revenues and Other Sources 1,386,432 1,445,282 1,471,158 25,876 101.79% 51.79% Expenditures: Animal Services 884,518 884,518 463,466 421,052 52.40% 2.40% Health Services 778,674 778,674 345,408 433,266 44.36% -5.64% Total Expenditures 1,663,192 1,663,192 808,874 854,318 48.63% -1.37% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 1,663,192 1,663,192 808,874 854,318 48.63% -1.37% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (276,760) (217,910) 662,284 880,194 Unassigned Fund Balance at Beginning of Year 52,841 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 715,125 Other Fund Balance Components: Restricted - Current Year Encumbrances 32,927 Restricted - Prior Year Encumbrances 2,947 Total Fund Balance $ 750,999

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule Parks and Recreation Property Tax Levy For the period ended December 31, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 1,850,000 1,850,000 1,824,049 (25,951) 98.60% 48.60% Intergovernmental 65,985 65,985 24,690 (41,295) 37.42% -12.58% Charges for Services 230,746 230,746 82,652 (148,094) 35.82% -14.18% Investment Income (Loss) 100 100 7,500 7,400 7500.00% 7450.00% Other Revenue 6,795 6,795 0.00% -50.00% Total Revenues 2,146,831 2,146,831 1,945,686 (201,145) 90.63% 40.63% Expenditures: Parks and Recreation 2,099,104 2,099,104 934,754 1,164,350 44.53% -5.47% Total Expenditures 2,099,104 2,099,104 934,754 1,164,350 44.53% -5.47% Other Financing Uses – Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 2,099,104 2,099,104 934,754 1,164,350 44.53% -5.47% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 47,727 47,727 1,010,932 963,205 Unassigned Fund Balance at Beginning of Year 410,588 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 1,421,520 Other Fund Balance Components: Restricted - Current Year Encumbrances 31,424 Restricted - Prior Year Encumbrances 6,156 Total Fund Balance $ 1,459,100 10

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule Tourism Fund For the period ended December 31, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Transient Guest Taxes $ 1,652,283 1,652,283 1,126,196 (526,087) 68.16% 18.16% Charges for Services 30,000 6,250 (23,750) 20.83% -29.17% Investment Income (Loss) 26,593 26,593 10,638 (15,955) 40.00% -10.00% Other Revenue 5,050 5,050 4,580 (470) 90.69% 40.69% Total Revenues 1,683,926 1,713,926 1,147,664 (566,262) 66.96% 16.96% Other Financing Sources: Transfers In - American Resuce Plan 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Revenues and Other Sources 1,683,926 1,713,926 1,147,664 (566,262) 66.96% 16.96% Expenditures: Tourism 2,550,789 2,617,529 863,467 1,754,062 32.99% -17.01% Total Expenditures 2,550,789 2,617,529 863,467 1,754,062 32.99% -17.01% Other Financing Uses – Transfers Out 240,092 240,092 240,092 0.00% -50.00% Total Other Financing Uses 240,092 240,092 240,092 0.00% -50.00% Total Expenditures and Other Uses 2,790,881 2,857,621 863,467 1,994,154 30.22% -19.78% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (1,106,955) (1,143,695) 284,197 1,427,892 Unassigned Fund Balance at Beginning of Year 752,469 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 1,036,666 Other Fund Balance Components: Restricted - Current Year Encumbrances 221,065 Restricted - Prior Year Encumbrances 20,258 Restricted - Operating Reserve 376,368 Total Fund Balance $ 1,654,357

Comparison Schedule Independence Square Benefit District For the period ended December 31, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 26,375 26,375 0.00% -50.00% Investment Income (Loss) 811 811 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 27,186 27,186 0.00% -50.00% Expenditures: Capital Outlay 422 (422) 0.00% -50.00% Total Expenditures 422 (422) 0.00% -50.00% Other Financing Uses – Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 422 (422) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 26,764 26,764 Unassigned Fund Balance at Beginning of Year 7,663 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 34,427 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 34,427 12

CITY OF INDEPENDENCE, MISSOURI Budgetary

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Community

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Federal Grant - CDBG $ 1,605,692 1,605,692 518,074 (1,087,618) 32.26% -17.74% Other Revenue -50.00% Total Revenues 1,605,692 1,605,692 518,074 (1,087,618) 32.26% -17.74% Expenditures: CDBG Administration 166,173 166,173 84,796 81,377 51.03% 1.03% CDBG Expenditures 1,455,527 1,455,527 948,907 506,620 65.19% 15.19% Total Expenditures 1,621,700 1,621,700 1,033,703 587,997 63.74% 13.74% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 1,621,700 1,621,700 1,033,703 587,997 63.74% 13.74% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (16,008) (16,008) (515,629) (499,621) Unassigned Fund Balance at Beginning of Year (96,680) Cancellation of Prior Year Encumbrances 28,467 Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 (583,842) Other Fund Balance Components: Restricted - Current Year Encumbrances 535,106 Restricted - Prior Year Encumbrances 48,023 Total Fund Balance $ (713)

Development Block Grant Fund

the period ended December 31, 2021 13

For

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Rental Rehabilitation

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: HOME Program Grant $ 482,477 482,477 221,174 (261,303) 45.84% -4.16% Total Revenues 482,477 482,477 221,174 (261,303) 45.84% -4.16% Expenditures: HOME Administration 63,607 63,607 34,072 29,535 53.57% 3.57% Multi Family Housing 359,759 359,759 359,759 0.00% -50.00% Community Housing Development 102,788 102,788 102,788 0.00% -50.00% Total Expenditures 526,154 526,154 34,072 492,082 6.48% -43.52% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (43,677) (43,677) 187,102 230,779 Unassigned Fund Balance at Beginning of Year (401,485) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 (214,383) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances 214,388 Total Fund Balance $ 5

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

License Surcharge

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Licenses and Permits $ (3,901) (3,901) 0.00% -50.00% Investment Income (Loss) 17,000 17,000 10,083 (6,917) 59.31% 9.31% Other Revenue 0.00% -50.00% Total Revenues 17,000 17,000 6,182 (10,818) 36.36% -13.64% Expenditures: General Government 0.00% -50.00% Total expenditures 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 17,000 17,000 6,182 (10,818) Unassigned Fund Balance at Beginning of Year 1,251,500 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/21 1,257,682 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 1,257,682

For the period ended December 31, 2021

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Grants

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Intergovernmental $ 1,343,409 3,936,904 987,094 (2,949,810) 25.07% -24.93% Charges for Services 105,103 105,103 112,795 7,692 107.32% 57.32% Other Revenue 63,885 153 (63,732) 0.24% -49.76% Total Revenues 1,448,512 4,105,892 1,100,042 (3,005,850) 26.79% -23.21% Other financing sources: Transfers In 0.00% -50.00% Total other financing sources 0.00% -50.00% Total revenues and other financing sources 1,448,512 4,105,892 1,100,042 (3,005,850) 26.79% -23.21% Expenditures: Public Safety 422,758 1,592,695 958,485 634,210 60.18% 10.18% General Government 138,063 247,282 13,296 233,986 5.38% -44.62% Culture and Recreation 72,876 80,244 (7,368) 110.11% 60.11% Community Development 500,000 1,356,103 2,299,154 (943,051) 169.54% 119.54% Animal Services 8,506 622 7,884 7.31% -42.69% Health Services 375,721 619,786 141,149 478,637 22.77% -27.23% Total Expenditures 1,436,542 3,897,248 3,492,950 404,298 89.63% 39.63% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 1,436,542 3,897,248 3,492,950 404,298 89.63% 39.63% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 11,970 208,644 (2,392,908) (2,601,552) Unassigned Fund Balance at Beginning of Year (338,049) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 (2,730,957) Other Fund Balance Components: Restricted - Current Year Encumbrances 1,985,542 Restricted - Prior Year Encumbrances 269,507 Total Fund Balance $ (475,908)

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

American Rescue Plan (ARP) For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Intergovernmental $ 9,235,282 9,235,282 0.00% -50.00% Charges for Services 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 9,235,282 9,235,282 0.00% -50.00% Other financing sources: Transfers in 0.00% -50.00% Total other financing sources 0.00% -50.00% Total revenues and other financing sources 9,235,282 9,235,282 0.00% -50.00% Expenditures: Personnel Services 1,454,484 (1,454,484) 0.00% -50.00% Other Services 263,275 (263,275) 0.00% -50.00% Supplies 183,444 (183,444) 0.00% -50.00% Capital Outlay 193,769 (193,769) 0.00% -50.00% Total Expenditures 2,094,972 (2,094,972) 0.00% -50.00% Other Financing Uses: Transfers Out - American Rescue Plan 7,389,285 (7,389,285) 0.00% -50.00% Total Other Financing Uses 7,389,285 (7,389,285) 0.00% -50.00% Total Expenditures and Other Financing Uses 9,484,257 (9,484,257) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (248,975) (248,975) Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 (248,975) Other Fund Balance Components: Restricted - Current Year Encumbrances 248,975 Restricted - Prior Year Encumbrances Total Fund Balance $

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Power and Light

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating Revenues: Charges for Services $ 130,609,070 130,609,070 68,039,290 (62,569,780) 52.09% 2.09% Penalties 1,106,786 1,106,786 662,330 (444,456) 59.84% 9.84% Connection Charges 280,151 280,151 14,400 (265,751) 5.14% -44.86% Miscellaneous 24,771 24,771 0.00% -50.00% Temporary Service 1,350 1,350 0.00% -50.00% Rental Income 340,239 340,239 20,540 (319,699) 6.04% -43.96% Transmission Wheeling 5,000,000 5,000,000 2,521,761 (2,478,239) 50.44% 0.44% Total Operating Revenues 137,336,246 137,336,246 71,284,442 (66,051,804) 51.91% 1.91% Operating Expenses: Personnel Services 29,687,152 29,693,152 14,964,174 14,728,978 50.40% 0.40% Other Services 27,329,604 27,323,604 13,287,372 14,036,232 48.63% -1.37% Supplies 60,402,130 60,400,130 29,616,552 30,783,578 49.03% -0.97% Capital Projects 6,003,956 11,609,690 4,397,369 7,212,321 37.88% -12.12% Capital Operating 1,617,600 1,619,600 198,308 1,421,292 12.24% -37.76% Debt Service 9,992,712 9,992,712 4,998,359 4,994,353 50.02% 0.02% Other Expenses 275,000 275,000 275,000 0.00% -50.00% Total Operating Expenses 135,308,154 140,913,888 67,462,134 73,451,754 47.87% -2.13% Nonoperating Revenues (Expenses): Investment Income 202,902 202,902 58,885 (144,017) 29.02% -20.98% Interfund Charges for Support Services 1,828,147 1,828,147 878,255 (949,892) 48.04% -1.96% Miscellaneous Revenue (Expense) 715,639 715,639 288,002 (427,637) 40.24% -9.76% Total Nonoperating Revenue (Expenses) 2,746,688 2,746,688 1,225,142 (1,521,546) 44.60% -5.40% 4,774,780 (830,954) 5,047,450 5,878,404 -607.43% -657.43% Capital Contributions 0.00% -50.00% Transfers Out – Utility Payments In Lieu of Taxes (13,000,000) (13,000,000) (7,129,797) (5,870,203) 54.84% 4.84% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers and Special Items (13,000,000) (13,000,000) (7,129,797) (5,870,203) 54.84% 4.84% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (8,225,220) (13,830,954) (2,082,347) 11,748,607 Beginning Available Resources 49,849,263 Ending Available Resources 47,766,916 Revenue Risk 10,900,000 Capital Reserve 12,600,000 Expense Risk 12,900,000 Working Capital 30,600,000 Targeted Reserve Level 67,000,000 Total Non-Restricted Resources Available $ (19,233,084) Income (Loss) Before Transfers

Power and Light - Open Capital Projects

As of December 31, 2021

PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 200815 T&D Sys IMPROVEMENTS $ 250,000.00 641,486.08 891,486.08 84,444.46 223,920.00 583,121.62 200824 Prod Plt MISC PROJECTS - 68,257.76 68,257.76 - - 68,257.76 200828 FIBER OPTIC PROGRAM 105,956.00 93,394.03 199,350.03 43,288.25 65,044.23 91,017.55 201106 69 KV SUBSTATION FACILITIES 300,000.00 138,222.55 438,222.55 1,435.00 - 436,787.55 201405 SUBSTATION SECURITY PROJECT - 259,644.39 259,644.39 - 24,494.75 235,149.64 201509 NEW BILLING Sys - 22,047.36 22,047.36 - - 22,047.36 201510 Sys OpS / DISPATCH - 44,634.77 44,634.77 35,122.10 - 9,512.67 201603 69 KV Trans LINE REBUIL 800,000.00 1,348,663.48 2,148,663.48 2,437,830.49 42,924.40 (332,091.41) 201604 Sys OpS / UPS UPGRAD - 45,493.59 45,493.59 - - 45,493.59 201605 Sys OpS WORK AREA - 619,842.18 619,842.18 - - 619,842.18 201606 NEW FINANCIAL MANAGEMENT SYS - 200,000.00 200,000.00 - - 200,000.00 201702 Prod FACILITIES IMPROVE - 586,830.00 586,830.00 - - 586,830.00 201703 BV GROUND WATER - 445,491.07 445,491.07 134,390.24 23,515.81 287,585.02 201706 SUBSTATION K SWITCHGEAR & - 4,006,011.31 4,006,011.31 2,805,755.22 728,708.58 471,547.51 201707 MASTER PLAN-FUTURE GENERATIO - 32,500.00 32,500.00 - - 32,500.00 201710 Mo CITY DIVESTITURE - 530,640.70 530,640.70 494,295.00 36,345.20 0.50 201803 SERVICE CENTER TRUCK HOUSING - - - - -201804 SUBSTATION E SWITCHGEAR REPLACEMENT 950,000.00 2,543,308.28 3,493,308.28 1,447,950.84 372,804.44 1,672,553.00 202004 Above Ground Fuel Storage Tanks - 41,800.00 41,800.00 - - 41,800.00 202005 Blue Valley - Eckles Rd 161kV Trans - (41,604.90) (41,604.90) - - (41,604.90) 202101 Substation Fiber Optic Network 750,000.00 125,000.00 875,000.00 - 36,736.38 838,263.62 202102 Traffic Controller Upgrades 60,000.00 (4,000.00) 56,000.00 - - 56,000.00 202103 Traffic Camera System Upgrades 20,000.00 11,837.00 31,837.00 - - 31,837.00 202107 Motorola APX Radio Purchase Phase 2 70,000.00 1,706.82 71,706.82 - 3,989.93 67,716.89 202109 Substation Modeling 100,000.00 150,000.00 250,000.00 - - 250,000.00 202110 20MVAR Capacitor Bank Sub A - 800,000.00 800,000.00 154,195.17 92,260.85 553,543.98 202111 Transmission Pole Replacement Prog 300,000.00 100,000.00 400,000.00 31,252.30 - 368,747.70 202201 Substation A Transformer T-9 Mtce 180,000.00 - 180,000.00 - - 180,000.00 202204 Relay Test Set 80,000.00 - 80,000.00 - - 80,000.00 202205 Desert Storm Switchgear Cabinets 250,000.00 - 250,000.00 - - 250,000.00 202208 Traffic Signal Detection Systems 50,000.00 - 50,000.00 - - 50,000.00 202210 IPL Service Center PBX Upgrade to I 70,000.00 - 70,000.00 - - 70,000.00 202211 H-5 Hot Gas Path Inspection 1,518,000.00 - 1,518,000.00 1,909,344.00 - (391,344.00) 9669 SERVICE CTR FACILITY IMPROVE. 150,000.00 220,084.17 370,084.17 7,174.50 - 362,909.67 $ 6,003,956.00 13,031,290.64 19,035,246.64 9,586,477.57 1,650,744.57 7,798,024.50 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 11,609,689.70 $ 7,425,556.94 19,035,246.64 Less Expenditures 185,438.20 1,465,306.37 1,650,744.57 Less Encumbrances 4,211,930.72 5,374,546.85 9,586,477.57 Total Available 7,212,320.78 $ 585,703.72 7,798,024.50

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Water

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating Revenues: Charges for Services $ 32,720,000 32,720,000 17,280,994 (15,439,006) 52.81% 2.81% Penalties 120,000 120,000 120,797 797 100.66% 50.66% Connection/Disconnection Charges 12,000 12,000 9,260 (2,740) 77.17% 27.17% Miscellaneous 1,000 1,000 8,865 7,865 886.50% 836.50% Returned Check Charges 23,000 23,000 13,995 (9,005) 60.85% 10.85% Rental Income 85,000 85,000 42,985 (42,015) 50.57% 0.57% Meter Repairs 0.00% -50.00% Merchandising Jobbing 27,811 27,811 0.00% -50.00% Total Operating Revenues 32,961,000 32,961,000 17,504,707 (15,456,293) 53.11% 3.11% Operating expenses: Personnel Services 9,507,888 9,561,542 4,288,606 5,272,936 44.85% -5.15% Other Services 13,356,698 13,270,370 4,430,893 8,839,477 33.39% -16.61% Supplies 2,466,330 2,466,330 1,893,489 572,841 76.77% 26.77% Capital Projects 6,420,000 19,559,710 1,654,137 17,905,573 8.46% -41.54% Capital Operating 1,072,318 1,158,626 555,880 602,746 47.98% -2.02% Debt Service 2,523,363 2,523,363 2,126,369 396,994 84.27% 34.27% Other Expenses 125,000 125,000 125,000 0.00% -50.00% Total Operating Expenses 35,471,597 48,664,941 14,949,374 33,715,567 30.72% -19.28% Nonoperating Revenues (Expenses): Investment Income 539,138 539,138 327,355 (211,783) 60.72% 10.72% Interfund Charges for Support Services 1,392,092 1,392,092 696,046 (696,046) 50.00% 0.00% Miscellaneous Revenue (Expense) 1,000 1,000 23,497 22,497 2349.70% 2299.70% Total Nonoperating Revenue (Expenses) 1,932,230 1,932,230 1,046,898 (885,332) 54.18% 4.18% (578,367) (13,771,711) 3,602,231 17,373,942 -26.16% -76.16% Transfers Out – Utility Payments In Lieu of Taxes (3,200,000) (3,200,000) (1,649,446) (1,550,554) 51.55% 1.55% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers (3,200,000) (3,200,000) (1,649,446) (1,550,554) 51.55% 1.55% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (3,778,367) (16,971,711) 1,952,785 18,924,496 Beginning Available Resources 42,313,512 Ending Available Resources 44,266,297 Revenue Risk 3,800,000 Capital Reserve 4,300,000 Expense Risk 400,000 Working Capital 6,800,000 Targeted Reserve Level 15,300,000 Total Non-Restricted Resources Available $ 28,966,297 Income (Loss) Before Transfers

Water - Open Capital Projects

PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 400708 TREATMENT Plt DISCHARGE $ - 300,000.00 300,000.00 - - 300,000.00 400904 EAST INDEPENDENCE INDUST PARK - 674,000.00 674,000.00 - - 674,000.00 401003 FUTURE Prod WELLS - 965,326.00 965,326.00 - - 965,326.00 401301 23RD ST MAIN REPLACEMENT 150,000.00 177,230.57 327,230.57 - - 327,230.57 401402 LAGOON CLEANOUT - 302,560.00 302,560.00 327,060.00 - (24,500.00) 401505 Dist Sys IMPROVE - 258,054.00 258,054.00 13,273.00 - 244,781.00 401506 TRUMAN ROAD BOOSTER STATION - 106,569.52 106,569.52 34,658.85 - 71,910.67 401601 FILTER BACKWASH OUTFALL - 190,325.00 190,325.00 - - 190,325.00 401602 Plt DISCHARGE OUTFALL - 459,824.48 459,824.48 - - 459,824.48 401605 COURTNEY BEND BASIN CATWALK - 10,020.00 10,020.00 - - 10,020.00 401608 LIME SILO 1,300,000.00 291,070.12 1,591,070.12 144,533.59 319,614.13 1,126,922.40 401703 Maint BUILDING AT CBP - 200,000.00 200,000.00 - - 200,000.00 401704 VAN HORN RESERVOIR IMPROVE - 500,204.23 500,204.23 209,089.00 284,299.23 6,816.00 401706 Main Replacement Ellison Way - 483,814.35 483,814.35 - - 483,814.35 401802 6" Main Replacement James Downey Rd - 250,087.60 250,087.60 - - 250,087.60 401804 Filter Valve House Roof Improvement 75,000.00 22,292.00 97,292.00 - - 97,292.00 401808 VFD Drive Replacements HSP 2 & 4 - 227,728.00 227,728.00 - (3,239.00) 230,967.00 401818 30" Steel Transmission Main Assess - 156,300.00 156,300.00 - - 156,300.00 401821 Main Replacement-32nd/Hunter/Bird - 91,000.00 91,000.00 - - 91,000.00 401822 Main Replacement-24Hwy/Northern/RR - 240,166.00 240,166.00 - - 240,166.00 402002 39th Street Reservoir - 1,200,000.00 1,200,000.00 10,583.40 19,216.60 1,170,200.00 402004 Main Replace Walnut/Leslie/LeesSumm - 143,152.66 143,152.66 12,022.53 49,911.40 81,218.73 402007 Courtney Bend Emergency Generator 1,000,000.00 150,000.00 1,150,000.00 - - 1,150,000.00 402008 Wellfield Overhead Electrical Imp 800,000.00 200,000.00 1,000,000.00 - - 1,000,000.00 402009 Main Replace Sheley/Claremont/Norw - 191,032.00 191,032.00 2,242.00 - 188,790.00 402010 Main Replace Gudgell/Dodgion/KingsH - 1,282,050.00 1,282,050.00 1,165,500.00 - 116,550.00 402011 Main Replace Salisbury/Peck/Geospac - 551,900.00 551,900.00 1,000.00 - 550,900.00 402012 College Avenue Improvements - 250,000.00 250,000.00 - - 250,000.00 402101 Main Replacement Ralston 31st/29th - 350,000.00 350,000.00 20,223.00 - 329,777.00 402102 Main Replacement 3rd St & Jennings - 460,000.00 460,000.00 - - 460,000.00 402103 Main Replacement Truman Road 50,000.00 490,502.00 540,502.00 6,332.00 - 534,170.00 402104 Lime Slaker No 5 - 350,000.00 350,000.00 - - 350,000.00 402105 Main Replacement Sheley - 100,000.00 100,000.00 4,100.00 - 95,900.00 402106 Main Replacement Sheley & Northern - 1,035,000.00 1,035,000.00 49,857.00 - 985,143.00 402107 Facility Improvements/Const/Maint - 250,000.00 250,000.00 - - 250,000.00 402108 Basin Drive Improvements 250,000.00 250,000.00 500,000.00 - - 500,000.00 402201 Roof Improvements 250,000.00 - 250,000.00 - - 250,000.00 402203 Lime Slaker No 1 350,000.00 - 350,000.00 - - 350,000.00 402207 CB Electrical Switchgear Improvemen 200,000.00 - 200,000.00 - - 200,000.00 9749 MAIN REPLACEMENT PROGRAM 1,745,000.00 793,907.19 2,538,907.19 15,635.60 43,721.82 2,479,549.77 9952 SECURITY UPGRADES 250,000.00 267,590.82 517,590.82 - - 517,590.82 $ 6,420,000.00 14,221,706.54 20,641,706.54 2,016,109.97 713,524.18 17,912,072.39 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 19,559,709.81 $ 1,081,996.73 20,641,706.54 Less Expenditures 62,938.42 650,585.76 713,524.18 Less Encumbrances 1,591,199.00 424,910.97 2,016,109.97 Total Available 17,905,572.39 $ 6,500.00 17,912,072.39

December 31, 2021 21

As of

CITY OF INDEPENDENCE, MISSOURI Budgetary

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 35,151,285 35,151,285 18,584,343 (16,566,942) 52.87% 2.87% Penalties 200,000 200,000 191,692 (8,308) 95.85% 45.85% Total operating revenues 35,351,285 35,351,285 18,776,035 (16,575,250) 53.11% 3.11% Operating expenses: Personnel Services 6,672,780 6,672,780 2,788,128 3,884,652 41.78% -8.22% Other Services 13,843,955 13,718,955 6,011,429 7,707,526 43.82% -6.18% Supplies 1,222,200 1,349,808 441,859 907,949 32.73% -17.27% Capital Projects 3,925,000 15,487,758 702,002 14,785,756 4.53% -45.47% Capital Operating 424,500 421,892 321,697 100,195 76.25% 26.25% Debt Service 6,288,332 6,288,332 1,253,846 5,034,486 19.94% -30.06% Other Expenses 0.00% -50.00% Total Operating Expenses 32,376,767 43,939,525 11,518,961 32,420,564 26.22% -23.78% Nonoperating Revenues (Expenses): Investment Income 104,000 104,000 162,314 58,314 156.07% 106.07% Miscellaneous Revenue (Expense) 7,820 7,820 12,583 4,763 160.91% 110.91% Total Nonoperating Revenue (Expenses) 111,820 111,820 174,897 63,077 156.41% 106.41% 3,086,338 (8,476,420) 7,431,971 15,908,391 -87.68% -137.68% Transfers Out – Utility Payments In Lieu of Taxes (3,596,612) (3,596,612) (1,773,762) (1,822,850) 49.32% -0.68% Transfers In 10,000 10,000 10,000 100.00% 50.00% Transfers Out 0.00% -50.00% Total Transfers (3,586,612) (3,586,612) (1,763,762) (1,822,850) 49.18% -0.82% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (500,274) (12,063,032) 5,668,209 17,731,241 Beginning Available Resources 26,265,638 Ending Available Resources 31,933,847 Revenue Risk 2,750,000 Capital Reserve 6,000,000 Expense Risk 400,000 Working Capital 7,400,000 Targeted Reserve Level 16,550,000 Total Non-Restricted Resources Available $ 15,383,847 Income (Loss) Before Transfers

Comparison Schedule Sanitary Sewer For the period ended December 31, 2021 22

Sanitary Sewer - Open Capital Projects

As of December 31, 2021

PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 300801 NEIGHBORHOOD PROJECTS $ - 574,405.94 574,405.94 452,267.71 86,755.18 35,383.05 301108 HOLDING BASINS AND PMP STATION - 694,045.55 694,045.55 - - 694,045.55 301201 BURR OAK EAST - 1,035,327.15 1,035,327.15 - - 1,035,327.15 301202 CRACKERNECK-VAN HOOK SEWER - 529,163.59 529,163.59 - - 529,163.59 301505 SEWAGE SLUDGE INCINERATOR IMP - 605,823.97 605,823.97 - - 605,823.97 301603 RCTP FACILITIES ROOF, CEILING - 170,925.00 170,925.00 - - 170,925.00 301604 PRIMARY SLUDGE GRINDERS & - 6,989.69 6,989.69 - - 6,989.69 301701 SCADA UPGRADE - 1,006,730.00 1,006,730.00 998.00 78,828.15 926,903.85 301703 ARROWHEAD CENTER - 551,675.62 551,675.62 82,871.54 338,242.16 130,561.92 301705 16TH/SCOTT - 357,780.55 357,780.55 5,390.10 - 352,390.45 301706 TREATMENT FACILITY IMPROVEMENT - 593,007.00 593,007.00 204,191.20 56,208.80 332,607.00 301707 NEIGHBORHOOD IMPROVE 17-18 - 82,650.24 82,650.24 - - 82,650.24 301804 ROCK CREEK EFFLUENT STRUCTURE - 361,673.21 361,673.21 23,805.27 12,847.44 325,020.50 301806 Neighborhood Improvements 2018-19 - 442,262.68 442,262.68 4,381.81 - 437,880.87 302001 Fairmount Highlands - 170,000.00 170,000.00 - - 170,000.00 302002 Arlington Improvements - 100,000.00 100,000.00 - - 100,000.00 302003 Bison Park - 424,907.85 424,907.85 92.00 2,644.00 422,171.85 302004 Neighborhood Projects 2019-20 - 580,000.00 580,000.00 - - 580,000.00 302005 Biosolids Handling - 2,919,676.59 2,919,676.59 1,727,594.59 300,325.00 891,757.00 302006 Raw Pumps & Screening - 900,000.00 900,000.00 - - 900,000.00 302007 Electrical Substation Rehab - 158,690.00 158,690.00 - - 158,690.00 302008 RCTP Fence - 450,000.00 450,000.00 377,798.00 - 72,202.00 302009 Truman & Harris - 50,000.00 50,000.00 - - 50,000.00 302101 Sanitation Sewer Evaluation Survey - 199,303.60 199,303.60 52,581.63 53,557.12 93,164.85 302102 Raymond Harkless Mills San Imp - 200,000.00 200,000.00 - - 200,000.00 302103 Pump Station Imp & Maintenance 100,000.00 200,000.00 300,000.00 - 67,148.00 232,852.00 302104 Polymer System Relocation - 100,000.00 100,000.00 - - 100,000.00 302105 Piping Rehabilitation 200,000.00 200,000.00 400,000.00 21,082.50 5,710.00 373,207.50 302201 Upper Adair Interceptor 800,000.00 - 800,000.00 - - 800,000.00 302202 Crackerneck Creek Slope Rehab 1,100,000.00 - 1,100,000.00 - 5,600.00 1,094,400.00 302203 Sanitary Sewer Main Reloc from Stre 300,000.00 - 300,000.00 - - 300,000.00 302204 RCTP - Septic Pumper 300,000.00 - 300,000.00 - - 300,000.00 302205 Clarifier Rehabilitation 800,000.00 - 800,000.00 - - 800,000.00 302206 Railing Safety RCPS & SCPS 325,000.00 - 325,000.00 - - 325,000.00 9757 TRENCHLESS TECHNOLOGY - 1,555,740.96 1,555,740.96 245,223.10 146,269.37 1,164,248.49 $ 3,925,000.00 15,220,779.19 19,145,779.19 3,198,277.45 1,154,135.22 14,793,366.52 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 15,487,758.04 $ 3,658,021.15 19,145,779.19 Less Expenditures 81,887.82 1,072,247.40 1,154,135.22 Less Encumbrances 620,114.20 2,578,163.25 3,198,277.45 Total Available 14,785,756.02 $ 7,610.50 14,793,366.52 -

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Events Center Debt Service For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 0.00% -50.00% Miscellaneous 0.00% -50.00% Total operating revenues 0.00% -50.00% Operating Expenses: Personnel Services 0.00% -50.00% Other Services 1,000 1,000 500 500 50.00% 0.00% Supplies 0.00% -50.00% Capital Outlay 3,120,150 4,525,245 1,438,924 3,086,321 31.80% -18.20% Debt Service 5,292,906 5,292,906 1,956,090 3,336,816 36.96% -13.04% Other Expenses 0.00% -50.00% Total Operating Expenses 8,414,056 9,819,151 3,395,514 6,423,637 34.58% -15.42% Nonoperating Revenues (Expenses): Investment Income 71,000 71,000 3,090 (67,910) 4.35% -45.65% Miscellaneous Revenue (Expense) 0.00% -50.00% Sales Tax 5,173,844 5,173,844 1,429,810 (3,744,034) 27.64% -22.36% Total Nonoperating Revenue (Expenses) 5,244,844 5,244,844 1,432,900 (3,811,944) 27.32% -22.68% (3,169,212) (4,574,307) (1,962,614) 2,611,693 42.91% -7.09% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In 75,000 75,000 2,117,423 (2,042,423) 2823.23% 2773.23% Transfers Out 0.00% -50.00% Total Transfers 75,000 75,000 2,117,423 (2,042,423) 2823.23% 2773.23% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (3,094,212) (4,499,307) 154,809 4,654,116 Unassigned Fund Balance at Beginning of Year (25,273,358) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year (2,160,662) Ending Unassigned Fund Balance, 12/31/21 (27,279,211) Restricted: Bond Reserve Project Accounts 6,849,533 Total restricted 6,849,533 Committed: Capital Projects In Process 3,086,321 Total Committed 3,086,321 Assigned: Prior Year Open Encumbrances - Excluding Capital Projects Current Year Open Encumbrances - Excluding Capital Projects Total Assigned Total Fund Balance $ (17,343,357) Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI Budgetary

Comparison Schedule

Central Garage

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 2,206,668 2,306,668 1,218,200 (1,088,468) 52.81% 2.81% Miscellaneous 2,674 2,674 0.00% -50.00% Total Operating Revenues 2,206,668 2,306,668 1,220,874 (1,085,794) 52.93% 2.93% Operating Expenses: Personnel Services 852,345 852,345 381,592 470,753 44.77% -5.23% Other Services 538,628 638,628 658,483 (19,855) 103.11% 53.11% Supplies 787,055 787,055 804,489 (17,434) 102.22% 52.22% Capital Outlay 39,000 39,000 29,131 9,869 74.69% 24.69% Other Expenses 0.00% -50.00% Total Operating Expenses 2,217,028 2,317,028 1,873,695 443,333 80.87% 30.87% Nonoperating Revenues (Expenses): Investment Income 8,000 8,000 3,224 (4,776) 40.30% -9.70% Miscellaneous Revenue (Expense) 1,009 1,009 0.00% -50.00% Total Nonoperating Revenue (Expenses) 8,000 8,000 4,233 (3,767) 52.91% 2.91% (2,360) (2,360) (648,588) (646,228) 27482.54% 27432.54% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ (2,360) (2,360) (648,588) (646,228) Unassigned Fund Balance at Beginning of Year (1,334,153) Cancellation of Prior Year Encumbrances 102,083 Change in Other Fund Balance Components During the Year (2,426) GAAP Components - OPEB and LAGERS 1,755,311 Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/21 (127,773) Other Net Position Components: Assigned - Current Year Encumbrances 719,869 Assigned - Prior Year Encumbrances 191 Total Fund Balance $ 592,287 Income (Loss) Before Transfers

CITY OF INDEPENDENCE,

MISSOURI

Budgetary Comparison Schedule

Staywell Health Care

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 15,500,000 15,500,000 9,487,361 (6,012,639) 61.21% 11.21% Miscellaneous 0.00% -50.00% Total Operating Revenues 15,500,000 15,500,000 9,487,361 (6,012,639) 61.21% 11.21% Operating Expenses: Personnel Services 187,200 187,200 29,040 158,160 15.51% -34.49% Other Services 19,166,120 19,166,120 11,786,251 7,379,869 61.50% 11.50% Supplies 0.00% -50.00% Capital Outlay 0.00% -50.00% Other Expenses 0.00% -50.00% Total Operating Expenses 19,353,320 19,353,320 11,815,291 7,538,029 61.05% 11.05% Nonoperating Revenues (Expenses): Investment Income 4,000 4,000 2,261 (1,739) 56.53% 6.53% Miscellaneous Revenue (Expense) 1,347,367 1,347,367 0.00% -50.00% Total Nonoperating Revenue (Expenses) 4,000 4,000 1,349,628 1,345,628 33740.70% 33690.70% (3,849,320) (3,849,320) (978,302) 2,871,018 25.41% -24.59% Transfers In - American Rescue Plan 2,350,000 (2,350,000) 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 2,350,000 (2,350,000) 0.00% -50.00% Change In Net Position (Budget Basis) $ (3,849,320) (3,849,320) 1,371,698 5,221,018 Unassigned Fund Balance at Beginning of Year 289,505 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year 135,720 Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/21 1,796,923 Other Net Position Components: Assigned - Current Year Encumbrances 60,000 Assigned - Prior Year Encumbrances Total Fund Balance $ 1,856,923 Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 4,625,000 4,625,000 2,312,498 (2,312,502) 50.00% 0.00% Miscellaneous 129,049 129,049 0.00% -50.00% Total Operating Revenues 4,625,000 4,625,000 2,441,547 (2,183,453) 52.79% 2.79% Operating Expenses: Personnel Services 13,778 13,778 6,188 7,590 44.91% -5.09% Other Services 4,599,000 4,599,000 2,278,854 2,320,146 49.55% -0.45% Supplies 3,000 3,000 3,000 0.00% -50.00% Capital Outlay 2,000 2,000 2,000 0.00% -50.00% Other Expenses 0.00% -50.00% Total Operating Expenses 4,617,778 4,617,778 2,285,042 2,332,736 49.48% -0.52% Nonoperating Revenues (Expenses): Investment Income 2,551 2,551 0.00% -50.00% Miscellaneous Revenue (Expense) 5,790 5,790 0.00% -50.00% Total Nonoperating Revenue (Expenses) 8,341 8,341 0.00% -50.00% 7,222 7,222 164,846 157,624 2282.55% 2232.55% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ 7,222 7,222 164,846 157,624 Unassigned Fund Balance at Beginning of Year (8,356,420) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year (198,698) Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/21 (8,390,272) Other Net Position Components: Restricted - Work Comp Escrow Assigned - Current Year Encumbrances 113,611 Assigned - Prior Year Encumbrances 10,675 Total Fund Balance $ (8,265,986) Income (Loss) Before Transfers

Compensation

Schedule Workers'

For the period ended December 31, 2021

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Risk

Management

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 2,995,000 2,995,000 1,487,550 (1,507,450) 49.67% -0.33% Miscellaneous 0.00% -50.00% Total Operating Revenues 2,995,000 2,995,000 1,487,550 (1,507,450) 49.67% -0.33% Operating Expenses: Personnel Services 13,778 13,778 6,188 7,590 44.91% -5.09% Other Services 2,977,000 2,977,000 1,408,731 1,568,269 47.32% -2.68% Supplies 3,000 3,000 3,000 0.00% -50.00% Capital Outlay 0.00% -50.00% Other Expenses 0.00% -50.00% Total Operating Expenses 2,993,778 2,993,778 1,414,919 1,578,859 47.26% -2.74% Nonoperating Revenues (Expenses): Investment Income 11,124 11,124 0.00% -50.00% Miscellaneous Revenue (Expense) 0.00% -50.00% Total Nonoperating Revenue (Expenses) 11,124 11,124 0.00% -50.00% 1,222 1,222 83,755 82,533 6853.93% 6803.93% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ 1,222 1,222 83,755 82,533 Unassigned Fund Balance at Beginning of Year 1,345,764 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/21 1,429,519 Other Net Position Components: Assigned - Current Year Encumbrances 44,044 Assigned - Prior Year Encumbrances 7,382 Total Fund Balance $ 1,480,945 Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Enterprise

For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 2,200,000 2,200,000 1,100,000 (1,100,000) 50.00% 0.00% Miscellaneous 0.00% -50.00% Total Operating Revenues 2,200,000 2,200,000 1,100,000 (1,100,000) 50.00% 0.00% Operating Expenses: Personnel Services 655,218 655,218 279,156 376,062 42.61% -7.39% Other Services 1,147,200 1,147,200 686,320 460,880 59.83% 9.83% Supplies 0.00% -50.00% Capital Outlay 50,000 50,000 5,946 44,054 11.89% -38.11% Other Expenses 0.00% -50.00% Total Operating Expenses 1,852,418 1,852,418 971,422 880,996 52.44% 2.44% Nonoperating Revenues (Expenses): Investment Income 0.00% -50.00% Miscellaneous Revenue (Expense) 0.00% -50.00% Total Nonoperating Revenue (Expenses) 0.00% -50.00% 347,582 347,582 128,578 (219,004) 36.99% -13.01% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In – CARES Act 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ 347,582 347,582 128,578 (219,004) Unassigned Fund Balance at Beginning of Year 1,350,925 Cancellation of Prior Year Encumbrances 796 Change in Other Fund Balance Components During the Year GAAP Components - OPEB and LAGERS (45,193) Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/21 1,435,106 Other Net Position Components: Assigned - Current Year Encumbrances 39,414 Assigned - Prior Year Encumbrances 100,608 Total Fund Balance $ 1,575,128 Income (Loss) Before Transfers

Resource Planning

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 9,289 9,289 (9,289) 0.00% -50.00% Investment Income (Loss) 200 200 124 (76) 62.00% 12.00% Other Revenue 0.00% -50.00% Total Revenues 9,489 9,489 124 (9,365) 1.31% -48.69% Expenditures: General Government 0.00% -50.00% Debt Service 9,586 9,586 1,085 8,501 11.32% -38.68% Total Expenditures 9,586 9,586 1,085 8,501 11.32% -38.68% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 9,586 9,586 1,085 8,501 11.32% -38.68% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (97) (97) (961) (864) Unassigned Fund Balance at Beginning of Year 106,985 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/21 106,024 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 106,024

Debt Service - Neighborhood Improvement Districts For the period ended December 31, 2021 30

Schedule

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 6,440 6,440 0.00% -50.00% Investment Income 2,000 2,000 326 (1,674) 16.30% -33.70% Intergovernmental 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 2,000 2,000 6,766 4,766 338.30% 288.30% Other Financing Sources: Transfers In 0.00% -50.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 2,000 2,000 6,766 4,766 338.30% 288.30% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 124,236 6,760 117,476 5.44% -44.56% Total Expenditures 124,236 6,760 117,476 5.44% -44.56% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses — 124,236 6,760 117,476 5.44% -44.56% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 2,000 (122,236) 6 122,242 Unassigned Fund Balance at Beginning of Year (137,026) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/21 (137,020) Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances 115,842 Total Fund Balance $ (21,178)

Comparison Schedule

Street Improvements Capital Project Fund For the period ended December 31, 2021 31

Budgetary

CITY OF INDEPENDENCE, MISSOURI

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Revolving Public Improvements Capital Project Fund For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income (Loss) 177 177 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 177 177 0.00% -50.00% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 177 177 Unassigned Fund Balance at Beginning of Year 21,613 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/21 21,790 Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ 21,790

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Buildings and Other Improvements Capital Project Fund For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income 2,022 2,022 0.00% -50.00% Other Revenue 100,800 100,800 100,800 100.00% 50.00% Total revenues 100,800 100,800 102,822 2,022 102.01% 52.01% Other Financing Sources: Transfers In 0.00% -50.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 100,800 100,800 102,822 2,022 102.01% 52.01% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 506,900 783,998 26,792 757,206 3.42% -46.58% Total Expenditures 506,900 783,998 26,792 757,206 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 506,900 783,998 26,792 757,206 3.42% -46.58% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (406,100) (683,198) 76,030 759,228 Unassigned Fund Balance at Beginning of Year (701,084) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/21 (625,054) Other Fund Balance Components: Committed - Current Year Encumbrances 26,792 Committed - Prior Year Encumbrances 572,663 Total Fund Balance $ (25,599)

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income 0.00% -50.00% Other Revenue 0.00% -50.00% Total revenues 0.00% -50.00% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ Unassigned Fund Balance at Beginning of Year (16,155) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/21 (16,155) Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ (16,155) CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Storm Drainage Capital Project Fund For the period ended December 31, 2021 34

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Capital Project Fund For the period ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income (Loss) 264 264 0.00% -50.00% Other Revenue 0.00% -50.00% Total revenues 264 264 0.00% -50.00% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 264 264 Unassigned Fund Balance at Beginning of Year 31,479 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/21 31,743 Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ 31,743

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 10,500 10,500 (10,500) 0.00% -50.00% Investment Income 39 39 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 10,500 10,500 39 (10,461) 0.37% -49.63% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 10,310 10,310 3,986 6,324 38.66% -11.34% Capital Outlay 0.00% -50.00% Total Expenditures 10,310 10,310 3,986 6,324 38.66% -11.34% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 10,310 10,310 3,986 6,324 38.66% -11.34% Excess of revenues over (under) expenditures and Other Financing Uses, Budget Basis $ 190 190 (3,947) (4,137) Unassigned Net Position at Beginning of Year 903 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Net Position, 12/31/21 (3,044) Other Net Position Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Net Position $ (3,044)

Private Purpose Expendable Trust Fund - Vaile Mansion For the period ended December 31, 2021 36

CITY OF INDEPENDENCE, MISSOURI Budgetary

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 8,106,070 8,106,070 3,647,263 (4,458,807) 44.99% -5.01% Investment Income 75,000 75,000 9,888 (65,112) 13.18% -36.82% Total Revenues 8,181,070 8,181,070 3,657,151 (4,523,919) 44.70% -5.30% Expenditures: Administrative Fee 162,121 162,121 72,945 89,176 44.99% -5.01% Insurance 2,150 2,150 3,348 (1,198) 155.72% 105.72% Legal 55,300 55,300 55,300 0.00% -50.00% Audit 5,500 5,500 5,300 200 96.36% 46.36% Banking 6,500 6,500 4,863 1,637 74.82% 24.82% Contract Services 0.00% -50.00% Capital Outlay 0.00% -50.00% Other 0.00% -50.00% Total Expenditures 231,571 231,571 86,456 145,115 37.33% -12.67% Other Financing Uses: Transfers Out - EATS (1,175,000) (1,175,000) (227,411) (947,589) 19.35% -30.65% Transfers Out - Debt Service (City) (4,205,456) (4,205,456) (1,202,398) (3,003,058) 28.59% -21.41% Transfers Out - Captial Projects (3,120,150) (3,120,150) (2,117,423) (1,002,727) 67.86% 17.86% Total Other Financing Uses (8,500,606) (8,500,606) (3,547,232) (4,953,374) 41.73% -8.27% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (551,107) (551,107) 23,463 574,570 Unassigned Fund Balance at Beginning of Year 9,171,998 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 9,195,461 Other Fund Balance Components: Restricted - current year encumbrances 5,300 Restricted - prior year encumbrances 300,000 Total Fund Balance $ 9,500,761

Comparison Schedule Independence Events Center CID For the period ended December 31, 2021 37

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales taxes $ 467,996 467,996 208,895 (259,101) 44.64% -5.36% Investment income 300 300 133 (167) 44.33% -5.67% Total revenues 468,296 468,296 209,028 (259,268) 44.64% -5.36% Expenditures: Administrative fee 9,360 9,360 4,178 5,182 44.64% -5.36% Insurance 2,150 2,150 1,075 1,075 50.00% 0.00% Legal 0.00% -50.00% Audit 5,500 5,500 5,300 200 96.36% 46.36% Banking 350 350 200 150 57.14% 7.14% Contract services 850 850 850 0.00% -50.00% Capital outlay 0.00% -50.00% Other 0.00% -50.00% Total expenditures 18,210 18,210 10,753 7,457 59.05% 9.05% Other financing uses: Transfers out - EATS (233,998) (233,998) (104,447) (129,551) 44.64% -5.36% Transfers out - Debt Service (City) (215,000) (215,000) (160,000) (55,000) 74.42% 24.42% Total other financing uses (448,998) (448,998) (264,447) (184,551) 58.90% 8.90% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 1,088 1,088 (66,172) (67,260) Unassigned Fund Balance at Beginning of Year 137,827 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year (262) Unassigned Ending Fund Balance, 12/31/21 71,393 Other Fund Balance Components: Restricted - Current Year Encumbrances 5,300 Restricted - Prior Year Encumbrances Restricted - City Transportation 6,714 Total Fund Balance $ 83,407

Crackerneck Creek TDD For the period ended December 31, 2021 38

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Tax Increment Financing Summary For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 15,970,917 15,970,917 13,749,133 (2,221,784) 86.09% 36.09% Investment Income (Loss) 294,000 294,000 198,110 (95,896) 67.38% 17.38% Other revenue 1,310,958 1,310,958 482,087 (828,871) 36.77% -13.23% Total Revenues 17,575,875 17,575,875 14,429,330 (3,146,551) 82.10% 32.10% Other Financing Sources: Transfers In 1,327,471 1,327,471 227,412 (1,100,059) 17.13% -32.87% Total Other Financing Sources 1,327,471 1,327,471 227,412 (1,100,059) 17.13% -32.87% Total Revenues and Other Financing Sources 18,903,346 18,903,346 14,656,742 (4,246,610) 77.54% 27.54% Expenditures: Tax Increment Financing 2,171,231 2,171,231 67,178 2,104,053 3.09% -46.91% Debt Service Principal 9,423,109 9,423,109 231,971 9,191,138 2.46% -47.54% Interest and Fiscal Agent Fees 5,082,094 5,082,094 2,237,464 2,844,630 44.03% -5.97% Debt Issuance Costs 0.00% -50.00% Total Expenditures 16,676,434 16,676,434 2,536,613 14,139,821 15.21% -34.79% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 227,412 (227,412) 0.00% -50.00% Total Other Financing Uses 227,412 (227,412) 0.00% -50.00% Total Expenditures and Other Financing Uses 16,676,434 16,676,434 2,764,025 13,912,409 16.57% -33.43% Excess of Revenues Over (Under) Expenditures and other financing uses $ 2,226,912 2,226,912 11,892,717 9,665,805 Unassigned Fund Balance at Beginning of Year 4,435,457 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 16,328,174 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances 15,226 Restricted - Trust Debt Service 26,406,785 Total Fund Balance $ 42,750,185

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 0.00% -50.00% Investment Income (Loss) 13 13 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 13 13 0.00% -50.00% Expenditures: Tax Increment Financing 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 13 13 Unassigned Fund Balance at Beginning of Year 1,574 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 1,587 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,587

Mid-Town Truman Rd TIF

For the Period Ended December 31, 2021

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Santa Fe TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 26,271 26,271 36,090 9,819 137.38% 87.38% Investment Income (Loss) 1,294 1,294 0.00% -50.00% Other Revenue 102,958 102,958 54,113 (48,845) 52.56% 2.56% Total Revenues 129,229 129,229 91,497 (37,732) 70.80% 20.80% Other Financing Sources: Transfers In 187,942 187,942 (187,942) 0.00% -50.00% Total Other Financing Sources 187,942 187,942 (187,942) 0.00% -50.00% Total Revenues and Other Financing Sources 317,171 317,171 91,497 (225,674) 28.85% -21.15% Expenditures: Tax Increment Financing 7,801 7,801 2,500 5,301 32.05% -17.95% Debt Service Principal 205,000 205,000 100,000 105,000 48.78% -1.22% Interest and Fiscal Agent Fees 327,938 327,938 164,806 163,132 50.26% 0.26% Debt Issuance Costs 0.00% -50.00% Total Expenditures 540,739 540,739 267,306 273,433 49.43% -0.57% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 540,739 540,739 267,306 273,433 49.43% -0.57% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (223,568) (223,568) (175,809) 47,759 Unassigned Fund Balance at Beginning of Year (1,115,449) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 (1,291,258) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 557,832 Total Fund Balance $ (733,426)

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule Hartman Heritage TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 1,446,920 1,446,920 185,694 (1,261,226) 12.83% -37.17% Investment Income (Loss) 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 1,446,920 1,446,920 185,694 (1,261,226) 12.83% -37.17% Other Financing Sources: Transfers In 118,097 118,097 35,687 (82,410) 30.22% -19.78% Total Other Financing Sources 118,097 118,097 35,687 (82,410) 30.22% -19.78% Total Revenues and Other Financing Sources 1,565,017 1,565,017 221,381 (1,343,636) 14.15% -35.85% Expenditures: Tax Increment Financing 121,261 121,261 1,284 119,977 1.06% -48.94% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 121,261 121,261 1,284 119,977 1.06% -48.94% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 35,687 (35,687) 0.00% -50.00% Total Other Financing Uses 35,687 (35,687) 0.00% -50.00% Total Expenditures and Other Financing Uses 121,261 121,261 36,971 84,290 30.49% -19.51% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,443,756 1,443,756 184,410 (1,259,346) Unassigned Fund Balance at Beginning of Year (2,999,627) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 (2,815,217) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ (2,815,217)

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Drumm Farm TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 568,730 568,730 6,412 (562,318) 1.13% -48.87% Investment Income (Loss) 25,000 25,000 13,184 (11,816) 52.74% 2.74% Other Revenue 0.00% -50.00% Total Revenues 593,730 593,730 19,596 (574,134) 3.30% -46.70% Expenditures: Tax Increment Financing 15,338 15,338 2,500 12,838 16.30% -33.70% Debt Service Principal 415,000 415,000 415,000 0.00% -50.00% Interest and Fiscal Agent Fees 12,450 12,450 12,450 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 442,788 442,788 2,500 440,288 0.56% -49.44% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 442,788 442,788 2,500 440,288 0.56% -49.44% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 150,942 150,942 17,096 (133,846) Unassigned Fund Balance at Beginning of Year 1,579,935 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 1,597,031 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,597,031

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Eastland TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 5,053,492 5,053,492 4,243,000 (810,492) 83.96% 33.96% Investment Income (Loss) 165,000 165,000 120,616 (44,384) 73.10% 23.10% Other Revenue 0.00% -50.00% Total Revenues 5,218,492 5,218,492 4,363,616 (854,876) 83.62% 33.62% Other Financing Sources: Transfers In 664,783 664,783 176,993 (487,790) 26.62% -23.38% Total Other Financing Sources 664,783 664,783 176,993 (487,790) 26.62% -23.38% Total Revenues and Other Financing Sources 5,883,275 5,883,275 4,540,609 (1,342,666) 77.18% 27.18% Expenditures: Tax Increment Financing 457,612 457,612 3,250 454,362 0.71% -49.29% Debt Service Principal 3,980,000 3,980,000 3,980,000 0.00% -50.00% Interest and Fiscal Agent Fees 57,000 57,000 80,500 (23,500) 141.23% 91.23% Debt Issuance Costs 0.00% -50.00% Total Expenditures 4,494,612 4,494,612 83,750 4,410,862 1.86% -48.14% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 176,993 (176,993) 0.00% -50.00% Total Other Financing Uses 176,993 (176,993) 0.00% -50.00% Total Expenditures and Other Financing Uses 4,494,612 4,494,612 260,743 4,233,869 5.80% -44.20% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,388,663 1,388,663 4,279,866 2,891,203 Unassigned Fund Balance at Beginning of Year 15,004,007 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 19,283,873 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 897,682 Total Fund Balance $ 20,181,555

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule North Independence TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 57,965 57,965 38,976 (18,989) 67.24% 17.24% Investment Income (Loss) 1 1 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 57,965 57,965 38,977 (18,988) 67.24% 17.24% Expenditures: Tax Increment Financing 1,645 1,645 1,645 0.00% -50.00% Debt Service Principal 10,000 10,000 10,000 0.00% -50.00% Interest and Fiscal Agent Fees 45,530 45,530 7,700 37,830 16.91% -33.09% Debt Issuance Costs 0.00% -50.00% Total Expenditures 57,175 57,175 7,700 49,475 13.47% -36.53% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 57,175 57,175 7,700 49,475 13.47% -36.53% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 790 790 31,277 30,487 Unassigned Fund Balance at Beginning of Year 11,934 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 43,211 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 43,211

CITY

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 2,179 2,179 2,101 (78) 96.42% 46.42% Investment Income (Loss) 1,000 1,000 404 (596) 40.40% -9.60% Other Revenue 0.00% -50.00% Total Revenues 3,179 3,179 2,505 (674) 78.80% 28.80% Other Financing Sources: Transfers In 0.00% -50.00% Capital lease proceeds 0.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 3,179 3,179 2,505 (674) 78.80% 28.80% Expenditures: Tax Increment Financing 63 63 63 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 63 63 63 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 63 63 63 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 3,116 3,116 2,505 (611) Unassigned Fund Balance at Beginning of Year 49,447 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 51,952 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 51,952

Budgetary Comparison Schedule Mt Washington TIF

the Period Ended December 31, 2021 46

INDEPENDENCE, MISSOURI

For

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Crackerneck Creek TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 1,589,201 1,589,201 975,612 (613,589) 61.39% 11.39% Investment Income (Loss) 77,000 77,000 16,622 (60,378) 21.59% -28.41% Other Revenue 1,208,000 1,208,000 427,974 (780,026) 35.43% -14.57% Total Revenues 2,874,201 2,874,201 1,420,208 (1,453,993) 49.41% -0.59% Other Financing Sources: Transfers In 315,000 315,000 (315,000) 0.00% -50.00% Total Other Financing Sources 315,000 315,000 (315,000) 0.00% -50.00% Total Revenues and Other Financing Sources 3,189,201 3,189,201 1,420,208 (1,768,993) 44.53% -5.47% Expenditures: Tax Increment Financing 48,817 48,817 3,784 45,033 7.75% -42.25% Debt Service Principal 50,000 50,000 50,000 0.00% -50.00% Interest and Fiscal Agent Fees 3,775,226 3,775,226 1,261,244 2,513,982 33.41% -16.59% Debt Issuance Costs 0.00% -50.00% Total Expenditures 3,874,043 3,874,043 1,265,028 2,609,015 32.65% -17.35% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 3,874,043 3,874,043 1,265,028 2,609,015 32.65% -17.35% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (684,842) (684,842) 155,180 840,022 Unassigned Fund Balance at Beginning of Year (10,710,147) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 (10,554,967) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances 15,226 Restricted - Trust Debt Service 21,572,705 Total Fund Balance $ 11,032,964

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Old Landfill TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 496,239 496,239 692,796 196,557 139.61% 89.61% Investment Income (Loss) 38 38 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 496,239 496,239 692,834 196,595 139.62% 89.62% Expenditures: Tax Increment Financing 9,590 9,590 9,590 0.00% -50.00% Debt Service Principal 486,349 486,349 486,349 0.00% -50.00% Interest and Fiscal Agent Fees 14,050 (14,050) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 495,939 495,939 14,050 481,889 2.83% -47.17% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 495,939 495,939 14,050 481,889 2.83% -47.17% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 300 300 678,784 678,484 Unassigned Fund Balance at Beginning of Year 9,853 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 688,637 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 688,637

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Trinity TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 489,107 489,107 400,890 (88,217) 81.96% 31.96% Investment Income (Loss) 28 28 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 489,107 489,107 400,918 (88,189) 81.97% 31.97% Other Financing Sources: Transfers In 32,466 32,466 12,232 (20,234) 37.68% -12.32% Total Other Financing Sources 32,466 32,466 12,232 (20,234) 37.68% -12.32% Total Revenues and Other Financing Sources 521,573 521,573 413,150 (108,423) 79.21% 29.21% Expenditures: Tax Increment Financing 11,267 11,267 11,267 0.00% -50.00% Debt Service Principal 510,360 510,360 510,360 0.00% -50.00% Interest and Fiscal Agent Fees 91,600 (91,600) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 521,627 521,627 91,600 430,027 17.56% -32.44% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 12,232 (12,232) 0.00% -50.00% Total Other Financing Uses 12,232 (12,232) 0.00% -50.00% Total Expenditures and Other Financing Uses 521,627 521,627 103,832 417,795 19.91% -30.09% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (54) (54) 309,318 309,372 Unassigned Fund Balance at Beginning of Year 69,361 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 378,679 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 378,679

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

HCA TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 3,589,345 3,589,345 4,513,411 924,066 125.74% 75.74% Investment Income (Loss) 17,000 17,000 9,413 (7,587) 55.37% 5.37% Other Revenue 0.00% -50.00% Total Revenues 3,606,345 3,606,345 4,522,824 916,479 125.41% 75.41% Other Financing Sources: Transfers In 9,183 9,183 2,500 (6,683) 27.22% -22.78% Total Other Financing Sources 9,183 9,183 2,500 (6,683) 27.22% -22.78% Total Revenues and Other Financing Sources 3,615,528 3,615,528 4,525,324 909,796 125.16% 75.16% Expenditures: Tax Increment Financing 550,170 550,170 3,500 546,670 0.64% -49.36% Debt Service Principal 2,200,000 2,200,000 2,200,000 0.00% -50.00% Interest and Fiscal Agent Fees 863,950 863,950 431,975 431,975 50.00% 0.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 3,614,120 3,614,120 435,475 3,178,645 12.05% -37.95% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 2,500 (2,500) 0.00% -50.00% Total Other Financing Uses 2,500 (2,500) 0.00% -50.00% Total Expenditures and Other Financing Uses 3,614,120 3,614,120 437,975 3,176,145 12.12% -37.88% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,408 1,408 4,087,349 4,085,941 Unassigned Fund Balance at Beginning of Year 1,165,892 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 5,253,241 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 3,378,566 Total Fund Balance $ 8,631,807

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule

Cinema East TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 257,861 257,861 195,661 (62,200) 75.88% 25.88% Investment Income (Loss) 6 6 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 257,861 257,861 195,667 (62,194) 75.88% 25.88% Expenditures: Tax Increment Financing 5,139 5,139 5,139 0.00% -50.00% Debt Service Principal 252,902 252,902 9,561 243,341 3.78% -46.22% Interest and Fiscal Agent Fees 93,239 (93,239) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 258,041 258,041 102,800 155,241 39.84% -10.16% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 258,041 258,041 102,800 155,241 39.84% -10.16% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (180) (180) 92,867 93,047 Unassigned Fund Balance at Beginning of Year 80,315 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 173,182 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 173,182

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

23rd & Noland Project 1 TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 82,194 82,194 48,708 (33,486) 59.26% 9.26% Investment Income (Loss) 13 13 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 82,194 82,194 48,721 (33,473) 59.28% 9.28% Expenditures: Tax Increment Financing 2,063 2,063 2,063 0.00% -50.00% Debt Service Principal 80,131 80,131 80,131 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 82,194 82,194 82,194 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 82,194 82,194 82,194 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 48,721 48,721 Unassigned Fund Balance at Beginning of Year 72,840 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 121,561 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 121,561

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 2 TIF For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 11,729 11,729 8,880 (2,849) 75.71% 25.71% Investment Income (Loss) 170 170 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 11,729 11,729 9,050 (2,679) 77.16% 27.16% Expenditures: Tax Increment Financing 246 246 246 0.00% -50.00% Debt Service Principal 11,483 11,483 21,000 (9,517) 182.88% 132.88% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 11,729 11,729 21,000 (9,271) 179.04% 129.04% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 11,729 11,729 21,000 (9,271) 179.04% 129.04% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (11,950) (11,950) Unassigned Fund Balance at Beginning of Year 23,261 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 11,311 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 11,311

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 3 TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 24,348 24,348 13,596 (10,752) 55.84% 5.84% Investment Income (Loss) 330 330 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 24,348 24,348 13,926 (10,422) 57.20% 7.20% Expenditures: Tax Increment Financing 24,438 24,438 24,438 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 24,438 24,438 24,438 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 24,438 24,438 24,438 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (90) (90) 13,926 14,016 Unassigned Fund Balance at Beginning of Year 6,738 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 20,664 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 20,664

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 4 TIF For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 462,503 462,503 339,609 (122,894) 73.43% 23.43% Investment Income (Loss) 3,353 3,353 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 462,503 462,503 342,962 (119,541) 74.15% 24.15% Expenditures: Tax Increment Financing 462,503 462,503 462,503 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 462,503 462,503 462,503 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 462,503 462,503 462,503 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 342,962 342,962 Unassigned Fund Balance at Beginning of Year 73,562 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 416,524 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 416,524

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Independence Square TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 145,470 145,470 304,571 159,101 209.37% 159.37% Investment Income (Loss) 8,000 8,000 15,250 7,250 190.63% 140.63% Other Revenue 0.00% -50.00% Total Revenues 153,470 153,470 319,821 166,351 208.39% 158.39% Expenditures: Tax Increment Financing 7,799 7,799 50,000 (42,201) 641.11% 591.11% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 7,799 7,799 50,000 (42,201) 641.11% 591.11% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 7,799 7,799 50,000 (42,201) 641.11% 591.11% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 145,671 145,671 269,821 124,150 Unassigned Fund Balance at Beginning of Year 648,571 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 918,392 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 918,392

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

I-70 & Little Blue Parkway Project 1 TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 1,152,029 1,152,029 1,306,910 154,881 113.44% 63.44% Investment Income (Loss) 1,000 1,000 14,664 13,664 1466.40% 1416.40% Other Revenue 0.00% -50.00% Total Revenues 1,153,029 1,153,029 1,321,574 168,545 114.62% 64.62% Expenditures: Tax Increment Financing 23,927 23,927 23,927 0.00% -50.00% Debt Service Principal 1,128,102 1,128,102 101,410 1,026,692 8.99% -41.01% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 1,152,029 1,152,029 101,410 1,050,619 8.80% -41.20% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 1,152,029 1,152,029 101,410 1,050,619 8.80% -41.20% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,000 1,000 1,220,164 1,219,164 Unassigned Fund Balance at Beginning of Year 258,617 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 1,478,781 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,478,781

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

I-70 & Little Blue Parkway Project 3 TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 382,156 382,156 266,994 (115,162) 69.87% 19.87% Investment Income (Loss) 2,698 2,698 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 382,156 382,156 269,692 (112,464) 70.57% 20.57% Expenditures: Tax Increment Financing 382,156 382,156 382,156 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 382,156 382,156 382,156 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 382,156 382,156 382,156 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 269,692 269,692 Unassigned Fund Balance at Beginning of Year 107,526 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/21 377,218 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 377,218

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Marketplace Project 1 TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 97,731 97,731 69,203 (28,528) 70.81% 20.81% Investment Income (Loss) 4 4 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 97,731 97,731 69,207 (28,524) 70.81% 20.81% Expenditures: Tax Increment Financing 3,949 3,949 3,949 0.00% -50.00% Debt Service Principal 93,782 93,782 93,782 0.00% -50.00% Interest and Fiscal Agent Fees 54,150 (54,150) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 97,731 97,731 54,150 43,581 55.41% 5.41% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 97,731 97,731 54,150 43,581 55.41% 5.41% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 15,057 15,057 Unassigned Fund Balance at Beginning of Year 62,802 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 77,859 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 77,859

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule

Marketplace Project 2 TIF

For the Period Ended December 31, 2021

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 35,447 35,447 100,019 64,572 282.16% 232.16% Investment Income (Loss) 3 3 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 35,447 35,447 100,022 64,575 282.17% 232.17% Expenditures: Tax Increment Financing 35,447 35,447 360 35,087 1.02% -48.98% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 38,200 (38,200) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 35,447 35,447 38,560 (3,113) 108.78% 58.78% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 35,447 35,447 38,560 (3,113) 108.78% 58.78% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 61,462 61,462 Unassigned Fund Balance at Beginning of Year 34,445 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 95,907 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 95,907

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 0.00% -50.00% Investment Income (Loss) 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 0.00% -50.00% Expenditures: Tax Increment Financing 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $

Budgetary Comparison Schedule TIF Application Fees For the Period Ended December 31, 2021 61

CITY OF INDEPENDENCE, MISSOURI

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

TIF

For

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ Property tax RSO - Cargo Largo 3,455 3,455 0.00% -50.00% Drumm Farm 54,223 54,223 0.00% -50.00% Sales tax RSO - Cargo Largo 82,718 82,718 0.00% -50.00% Drumm Farm 9,919 9,919 0.00% -50.00% Investment Income (Loss) 6 6 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 150,321 150,321 0.00% -50.00% Expenditures: Tax Increment Financing 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 150,321 150,321 Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/21 150,321 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 150,321

Supplemental Appropriation

Fund

the Period Ended

December 31, 2021