Monthly Financial and Operating Report February 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 Public Safety 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 CARES Act 17 Enterprise Funds Power and Light 18 Water 19 Sanitary Sewer 20 Events Center Debt Service 21 Internal Service Funds Central Garage 22 Staywell Health Care 23 Worker's Compensation 24 Risk Management 25 Enterprise Resource Planning 26 Debt Service Fund Debt Service - Neighborhood Improvement Districts 27 Capital Improvement Funds Street Improvements Capital Project Fund 28 Revolving Public Improvements Capital Project Fund 29 Building and Other Improvements Capital Project Fund 30 Storm Drainage Capital Project Fund 31 Park Improvements Capital Project Fund 32 Private Purpose Expendable Trust Fund - Vaile Mansion 33 Independence Events Center CID 34 Crackerneck Creek TDD 35 Tax Increment Financing Summary 36 Mid-Town Truman Rd TIF 37 RSO TIF 38 Santa Fe TIF 39 Hartman Heritage TIF 40 Drumm Farm TIF 41 Eastland TIF 42 North Independence TIF 43 Mt Washington TIF 44 Crackerneck Creek TIF 45 Old Landfill TIF 46 Trinity TIF 47 HCA TIF 48 Cinema East TIF 49 23rd & Noland Project 1 TIF 50 23rd & Noland Project 2 TIF 51 23rd & Noland Project 3 TIF 52 23th & Noland Project 4 TIF 53 Independence Square TIF 54 I-70 & Little Blue Parkway Project 1 TIF 55 I-70 & Little Blue Parkway Project 3 TIF 56 Marketplace Project 1 TIF 57 Marketplace Project 2 TIF 58 TIF Application Fees 59
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule General Fund
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 31,453,100 31,453,100 23,277,363 (8,175,737) 74.01% 7.34% Licenses and Permits 4,392,069 4,432,069 2,996,583 (1,435,486) 67.61% 0.94% Intergovernmental 5,262,150 5,262,150 3,630,245 (1,631,905) 68.99% 2.32% Charges for Current Services 2,058,050 2,150,529 939,841 (1,210,688) 43.70% -22.97% Interfund Charges for Support Services 5,035,500 5,035,500 3,357,000 (1,678,500) 66.67% 0.00% Fines and Forfeitures 3,771,000 3,771,000 1,326,405 (2,444,595) 35.17% -31.50% Investment Income (Loss) 175,000 175,000 116,936 (58,064) 66.82% 0.15% Other Revenue 2,493,532 890,090 923,366 33,276 103.74% 37.07% Total Revenues 54,640,401 53,169,438 36,567,739 (16,601,699) 68.78% 2.11% Other Financing Sources: Payments In Lieu of Taxes 19,796,612 19,796,612 13,623,758 (6,172,854) 68.82% 2.15% Operating Transfers In - CARES Act — — 808,036 808,036 0.00% -66.67% Total Other Financing Sources 19,796,612 19,796,612 14,431,794 (5,364,818) 72.90% 6.23% Total Revenues and Other Financing Sources 74,437,013 72,966,050 50,999,533 (21,966,517) 69.89% 3.22% Expenditures: City Council 680,553 680,553 419,530 261,023 61.65% -5.02% City Clerk 195,240 195,240 128,721 66,519 65.93% -0.74% City Manager 1,187,339 1,187,339 766,539 420,800 64.56% -2.11% Municipal Court 1,207,254 1,207,254 755,523 451,731 62.58% -4.09% Law 661,301 661,301 471,825 189,476 71.35% 4.68% Finance 5,295,645 5,295,645 3,267,090 2,028,555 61.69% -4.98% Community Development 5,653,911 4,079,379 2,878,542 1,200,837 70.56% 3.89% Police 31,553,037 31,651,852 20,631,557 11,020,295 65.18% -1.49% Fire 21,181,684 21,181,684 15,474,740 5,706,944 73.06% 6.39% Public Works 4,775,106 4,779,860 3,808,956 970,904 79.69% 13.02% COVID Reserve 1,468,971 1,468,971 — 1,468,971 0.00% -66.67% Debt service 566,972 566,972 4,392 562,580 0.77% -65.90% Total Expenditures 74,427,013 72,956,050 48,607,415 24,348,635 66.63% -0.04% Other Financing Uses: Transfers Out 10,000 10,000 35,300 (25,300) 353.00% 286.33% Total Expenditures and Other Financing Uses 74,437,013 72,966,050 48,642,715 24,323,335 66.66% -0.01% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — 2,356,818 2,356,818 Unassigned Fund Balance at Beginning of Year 5,301,516 Cancellation of prior year encumbrances 19,876 Change in other fund balance components during the year (109,865) Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 7,568,345 Restricted 204,212 Committed 21,598 Assigned 1,665,564 Total Fund Balance $ 9,459,719
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Street Improvements Sales Tax Fund For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 8,028,559 8,028,559 5,798,265 (2,230,294) 72.22% 5.55% Charges for Services — 7,088 7,088 — 0.00% -66.67% Intergovernmental Revenue — — 30,493 30,493 0.00% -66.67% Investment Income (Loss) 10,000 10,000 25,347 15,347 253.47% 186.80% Other Revenue — — 7,050 7,050 0.00% -66.67% Total Revenues 8,038,559 8,045,647 5,868,243 (2,177,404) 72.94% 6.27% Other Financing Sources: Transfers in — — — — 0.00% -66.67% Issuance of debt — — — — 0.00% -66.67% Total other financing sources — — — — 0.00% -66.67% Total revenues and other financing sources 8,038,559 8,045,647 5,868,243 (2,177,404) 72.94% 6.27% Expenditures: General Government — — — — 0.00% -66.67% Street Maintenance 929,575 929,575 499,297 430,278 53.71% -12.96% Capital Outlay 4,971,836 29,411,762 5,047,171 24,364,591 17.16% -49.51% Debt Service 555,951 555,951 338,877 217,074 60.95% -5.72% Total Expenditures 6,457,362 30,897,288 5,885,345 25,011,943 19.05% -47.62% Other Financing Uses: Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 6,457,362 30,897,288 5,885,345 25,011,943 19.05% -47.62% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,581,197 (22,851,641) (17,102) 22,834,539 Unassigned Fund Balance at Beginning of Year (1,383,849) Cancellation of Prior Year Encumbrances 43,738 Change in Other Fund Balance Components During the Year (2,426) Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 (1,359,639) Fund Balance Components: Restricted - Current Year Encumbrances 824,505 Restricted - Prior Year Encumbrances 1,126,305 Restricted - Debt Reserve Project Accounts - Capital Projects 17,865,542 Total Fund Balance $ 18,456,713
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Sales Tax Fund For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 4,014,300 4,014,300 2,899,132 (1,115,168) 72.22% 5.55% Charges for services 348,455 348,455 47,135 (301,320) 13.53% -53.14% Intergovernmental 0.00% -66.67% Investment Income (Loss) 3,000 3,000 9,872 6,872 329.07% 262.40% Other Revenue 2,500 2,500 18,609 16,109 744.36% 677.69% Total Revenues 4,368,255 4,368,255 2,974,748 (1,393,507) 68.10% 1.43% Other Financing Sources: Transfers In 25,300 25,300 100.00% 33.33% Transfers In - CARES Act 4,925 4,925 0.00% -66.67% Proceeds from Bond Issuance/Capital Lease 0.00% -66.67% Total Other Financing Sources 25,300 30,225 4,925 0.00% -66.67% Total Revenues and Other Financing Sources 4,368,255 4,393,555 3,004,973 (1,388,582) 68.40% 1.73% Expenditures: Culture and Recreation 3,640,907 3,640,907 2,016,951 1,623,956 55.40% -11.27% Capital Outlay 280,625 1,092,997 150,273 942,724 13.75% -52.92% Debt Service 261,589 261,589 111,271 150,318 42.54% -24.13% Total Expenditures 4,183,121 4,995,493 2,278,495 2,716,998 45.61% -21.06% Other Financing Uses: Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 4,183,121 4,995,493 2,278,495 2,716,998 45.61% -21.06% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 185,134 (601,938) 726,478 1,328,416 Unassigned Fund Balance at Beginning of Year (658,038) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/21 68,440 Other Fund Balance Components: Restricted - Current Year Encumbrances 239,249 Restricted - Prior Year Encumbrances 12,553 Total Fund Balance $ 320,242
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 4,014,317 4,014,317 2,899,132 (1,115,185) 72.22% 5.55% Investment income (loss) 24,500 24,500 79,418 54,918 324.16% 257.49% Other Revenue — — 85 85 0.00% -66.67% Total revenues 4,038,817 4,038,817 2,978,635 (1,060,182) 73.75% 7.08% Expenditures: Storm water Administration 342,871 342,871 169,595 173,276 49.46% -17.21% Maintenance 2,116,748 2,116,748 942,055 1,174,693 44.50% -22.17% Permit completion 318,000 318,000 2,800 315,200 0.88% -65.79% Capital outlay 1,300,000 3,867,673 660,350 3,207,323 17.07% -49.60% — Total Expenditures 4,077,619 6,645,292 1,774,800 4,870,492 26.71% -39.96% Total Ependitures and Other Financing Uses 4,077,619 6,645,292 1,774,800 4,870,492 Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (38,802) (2,606,475) 1,203,835 3,810,310 Unassigned Fund Balance at Beginning of Year 7,257,353 Cancellation of Prior Year Encumbrances 1,682 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 8,462,870 Other Fund Balance Components: Restricted - Current Year Encumbrances 652,426 Restricted - Prior Year Encumbrances 426,630 Restricted - Regional Detention Construction 540,563 Restricted - Regional Detention Maintenance 50,228 Restricted - Emergency Response Relief 500,000 Total Fund Balance $ 10,632,717
Water Sales Tax Fund
the period ended February 28, 2021 4
Storm
For
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Police Public Safety Sales Tax Fund
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 2,133,460 2,133,460 1,548,178 (585,282) 72.57% 5.90% Investment Income (Loss) 5,000 5,000 22,093 17,093 441.86% 375.19% Other Revenue — — 26,614 26,614 0.00% -66.67% Total Revenues 2,138,460 2,138,460 1,596,885 (541,575) 74.67% 8.00% Expenditures: Public Safety Communications 602,307 602,307 542,242 60,065 90.03% 23.36% Facilities 99,768 99,768 71,927 27,841 72.09% 5.42% Equipment 2,017,965 2,017,965 1,577,409 440,556 78.17% 11.50% Debt Service — — — — 0.00% -66.67% Total Expenditures 2,720,040 2,720,040 2,191,578 528,462 80.57% 13.90% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 2,720,040 2,720,040 2,191,578 528,462 80.57% 13.90% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (581,580) (581,580) (594,693) (13,113) Unassigned Fund Balance at Beginning of Year 2,534,213 Cancellation of Prior Year Encumbrances 24,047 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 1,963,567 Other Fund Balance Components: Restricted - Current Year Encumbrances 218,908 Restricted - Prior Year Encumbrances 20,543 Total Fund Balance $ 2,203,018
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Fire Public Safety Sales Tax Fund For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 2,007,200 2,007,200 1,449,569 (557,631) 72.22% 5.55% Investment Income (Loss) 5,300 5,300 10,104 4,804 190.64% 123.97% Other Revenue — 6,302 6,414 112 101.78% 35.11% Total Revenues 2,012,500 2,018,802 1,466,087 (552,715) 72.62% 5.95% Expenditures: Public Safety 2,183,900 2,743,985 1,912,767 831,218 69.71% 3.04% Debt Service 73,236 73,236 — 73,236 0.00% -66.67% Total Expenditures 2,257,136 2,817,221 1,912,767 904,454 67.90% 1.23% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 2,257,136 2,817,221 1,912,767 904,454 67.90% 1.23% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (244,636) (798,419) (446,680) 351,739 Unassigned Fund Balance at Beginning of Year 1,243,946 Cancellation of Prior Year Encumbrances 21,960 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 819,226 Other Fund Balance Components: Restricted - Current Year Encumbrances 1,304,193 Restricted - Prior Year Encumbrances 209,761 Total Fund Balance $ 2,333,180
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Animal Shelter Use Tax
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Use Tax $ 750,000 750,000 750,000 — 100.00% 33.33% Intergovernmental Revenue — — — — 0.00% -66.67% Investment Income (Loss) — — 168 168 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 750,000 750,000 750,168 168 100.02% 33.35% Expenditures: General Government — — — — — -66.67% Animal Services 744,152 744,152 493,282 250,870 66.29% -0.38% Capital Outlay — — — — 0.00% -66.67% Debt Service — — — — 0.00% -66.67% Total Expenditures 744,152 744,152 493,282 250,870 66.29% -0.38% Other Financing Uses: Transfers In — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 744,152 744,152 493,282 250,870 66.29% -0.38% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 5,848 5,848 256,886 251,038 Unassigned Fund Balance at Beginning of Year 220,840 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 02/28/21 477,726 Fund Balance Components: Restricted - Current Year Encumbrances 1,647 Restricted - Prior Year Encumbrances — Total Fund Balance $ 479,373
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Police Use Tax
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Use Tax $ 750,000 750,000 2,416,018 1,666,018 322.14% 255.47% Investment Income (Loss) — — 4,419 4,419 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 750,000 750,000 2,420,437 1,670,437 322.72% 256.05% Expenditures: Public Safety 750,000 750,000 148,162 601,838 19.75% -46.92% Debt Service — — — — 0.00% -66.67% Total Expenditures 750,000 750,000 148,162 601,838 19.75% -46.92% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% — Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 750,000 750,000 148,162 601,838 19.75% -46.92% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 2,272,275 2,272,275 Unassigned Fund Balance at Beginning of Year 937,998 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 3,210,273 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 3,210,273
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CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Health Property Tax Levy For the period ended February 28, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 832,000 832,000 870,638 38,638 104.64% 37.97% Charges for Services 154,000 154,000 78,647 (75,353) 51.07% -15.60% Investment Income (Loss) 211 211 0.00% -66.67% Other Revenue 104,863 104,863 0.00% -66.67% Total Revenues 986,000 986,000 1,054,359 68,359 106.93% 40.26% Other Financing Sources: Transfers In - CARES Act 993 (993) 0.00% -66.67% Total Other Financing Uses 993 (993) 0.00% -66.67% Total Revenues and Other Sources 986,000 986,000 1,055,352 67,366 107.03% 40.36% Expenditures: Animal Services 986,000 1,000,000 603,029 396,971 60.30% -6.37% Health Services 38,399 (38,399) 0.00% -66.67% Total Expenditures 986,000 1,000,000 641,428 358,572 64.14% -2.53% Other Financing Uses: Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Uses 986,000 1,000,000 641,428 358,572 64.14% -2.53% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (14,000) 413,924 427,924 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, 02/28/21 413,924 Other Fund Balance Components: Restricted - Current Year Encumbrances 21,110 Restricted - Prior Year Encumbrances Total Fund Balance $ 435,034
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CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Parks and Recreation Property Tax Levy For the period ended February 28, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,794,000 1,823,700 1,850,105 26,405 101.45% 34.78% Intergovernmental 30,000 30,000 51,443 21,443 171.48% 104.81% Charges for Services 184,813 184,813 120,185 (64,628) 65.03% -1.64% Investment Income (Loss) — — 453 453 0.00% -66.67% Other Revenue — — 24,872 24,872 0.00% -66.67% Total Revenues 2,008,813 2,038,513 2,047,058 8,545 100.42% 33.75% Expenditures: Parks and Recreation 1,899,830 1,899,830 1,104,246 795,584 58.12% -8.55% Total Expenditures 1,899,830 1,899,830 1,104,246 795,584 58.12% -8.55% Other Financing Uses – Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Uses 1,899,830 1,899,830 1,104,246 795,584 58.12% -8.55% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 108,983 138,683 942,812 804,129 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, 02/28/21 942,812 Other Fund Balance Components: Restricted - Current Year Encumbrances 11,013 Restricted - Prior Year Encumbrances — Total Fund Balance $ 953,825 10
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Tourism Fund For the period ended February 28, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Transient Guest Taxes $ 1,860,354 1,860,354 775,631 (1,084,723) 41.69% -24.98% Charges for Services 23,944 23,944 1,447 (22,497) 6.04% -60.63% Investment Income (Loss) 3,300 3,300 11,725 8,425 355.30% 288.63% Other Revenue 15,600 15,600 — (15,600) 0.00% -66.67% Total Revenues 1,903,198 1,903,198 788,803 (1,114,395) 41.45% -25.22% Expenditures: Tourism 1,997,806 2,174,064 964,980 1,209,084 44.39% -22.28% Total Expenditures 1,997,806 2,174,064 964,980 1,209,084 44.39% -22.28% Other Financing Uses – Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Uses 1,997,806 2,174,064 964,980 1,209,084 44.39% -22.28% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (94,608) (270,866) (176,177) 94,689 Unassigned Fund Balance at Beginning of Year 907,332 Cancellation of Prior Year Encumbrances 2,770 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 733,925 Other Fund Balance Components: Restricted - Current Year Encumbrances 137,929 Restricted - Prior Year Encumbrances 87,289 Restricted - Operating Reserve 376,368 Total Fund Balance $ 1,335,511
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Independence Square Benefit District For the period ended February 28, 2021 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ — — 26,283 26,283 0.00% -66.67% Investment Income (Loss) — — 670 670 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues — — 26,953 26,953 0.00% -66.67% Expenditures: Capital Outlay — — 421 (421) 0.00% -66.67% Total Expenditures — — 421 (421) 0.00% -66.67% Other Financing Uses – Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Uses — — 421 (421) 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 26,532 26,532 Unassigned Fund Balance at Beginning of Year 3,755 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 02/28/21 30,287 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 30,287 12
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Community Development Block Grant Fund For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Federal Grant - CDBG $ 814,159 1,819,696 239,573 (1,580,123) 13.17% -53.50% Other Revenue — — 35 35 — -66.67% Total Revenues 814,159 1,819,696 239,608 (1,580,088) 13.17% -53.50% Expenditures: CDBG Administration 162,830 162,831 216,453 (53,622) 132.93% 66.26% CDBG Expenditures 663,994 770,519 198,034 572,485 25.70% -40.97% Total Expenditures 826,824 933,350 414,487 518,863 44.41% -22.26% Other Financing Uses: Transfers Out — 899,011 — 899,011 0.00% -66.67% Total Other Financing Uses — 899,011 — 899,011 0.00% -66.67% Total Expenditures and Other Uses 826,824 1,832,361 414,487 1,417,874 22.62% -44.05% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (12,665) (12,665) (174,879) (162,214) Unassigned Fund Balance at Beginning of Year (184,469) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 02/28/21 (359,348) Other Fund Balance Components: Restricted - Current Year Encumbrances 210,564 Restricted - Prior Year Encumbrances 142,022 Total Fund Balance $ (6,762)
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Rental
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: HOME Program Grant $ 482,477 1,465,629 295,353 (1,170,276) 20.15% -46.52% Total Revenues 482,477 1,465,629 295,353 (1,170,276) 20.15% -46.52% Expenditures: HOME Administration 70,592 184,543 30,866 153,677 16.73% -49.94% Multi Family Housing 359,759 645,213 92,434 552,779 14.33% -52.34% Community Housing Development 102,788 686,535 27,566 658,969 4.02% -62.65% Total Expenditures 533,139 1,516,291 150,866 1,365,425 9.95% -56.72% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (50,662) (50,662) 144,487 195,149 Unassigned Fund Balance at Beginning of Year (185,577) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 02/28/21 (41,090) Other Fund Balance Components: Restricted - Current Year Encumbrances 16,944 Restricted - Prior Year Encumbrances 24,042 Total Fund Balance $ (104)
Rehabilitation
14
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Licenses and Permits $ — — 6,637 6,637 0.00% -66.67% Investment Income (Loss) 4,000 4,000 10,470 6,470 261.75% 195.08% Other Revenue — — — — 0.00% -66.67% Total Revenues 4,000 4,000 17,107 13,107 427.68% 361.01% Expenditures: General Government — — — — 0.00% -66.67% Total expenditures — — — — 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses — — — — 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 4,000 4,000 17,107 13,107 Unassigned Fund Balance at Beginning of Year 1,282,878 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 1,299,985 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 1,299,985
Comparison Schedule License Surcharge For the period ended February 28, 2021 15
CITY OF INDEPENDENCE, MISSOURI Budgetary
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Grants
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Intergovernmental $ 585,503 4,468,368 2,522,369 (1,945,999) 56.45% -10.22% Charges for Services 102,929 102,929 0.00% -66.67% Other Revenue 27,938 444 (27,494) 1.59% -65.08% Total Revenues 585,503 4,496,306 2,625,742 (1,870,564) 58.40% -8.27% Other financing sources: Transfers In - CARES Act 55 55 0.00% -66.67% Total other financing sources 55 55 0.00% -66.67% Total revenues and other financing sources 585,503 4,496,306 2,625,797 (1,870,509) 58.40% -8.27% Expenditures: Public Safety 527,713 2,365,022 1,499,184 865,838 63.39% -3.28% General Government 33,550 136,128 11,773 124,355 8.65% -58.02% Culture and Recreation 300 56,219 42,411 13,808 75.44% 8.77% CARES Act Marketing 1,055,998 1,055,985 13 100.00% 33.33% Community Development 24,240 2,418,038 1,195,545 1,222,493 49.44% -17.23% Animal Services 15,247 11,989 3,258 78.63% 11.96% Health Services 80,000 78,400 1,600 98.00% 31.33% Total Expenditures 585,803 6,126,652 3,895,287 2,231,365 63.58% -3.09% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 585,803 6,126,652 3,895,287 2,231,365 63.58% -3.09% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (300) (1,630,346) (1,269,490) 360,856 Unassigned Fund Balance at Beginning of Year (150,445) Cancellation of Prior Year Encumbrances 3,680 Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/21 (1,416,255) Other Fund Balance Components: Restricted - Current Year Encumbrances 1,155,901 Restricted - Prior Year Encumbrances 32,189 Total Fund Balance $ (228,165)
For the period ended February 28, 2021 16
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule CARES Act
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Intergovernmental $ 6,953,474 6,953,474 100.00% 33.33% Charges for Services 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 6,953,474 6,953,474 100.00% 33.33% Other financing sources: Transfers in 0.00% -66.67% Total other financing sources 0.00% -66.67% Total revenues and other financing sources 6,953,474 6,953,474 100.00% 33.33% Expenditures: CARES Act 4,500,699 3,396,692 1,104,007 75.47% 8.80% Total Expenditures 4,500,699 3,396,692 1,104,007 75.47% 8.80% Other Financing Uses: Transfers Out/Capital Outlay 2,452,775 3,589,622 (1,136,847) 146.35% 79.68% Total Other Financing Uses 2,452,775 3,589,622 (1,136,847) 146.35% 79.68% Total Expenditures and Other Financing Uses 6,953,474 6,986,314 (32,840) 100.47% 33.80% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (32,840) (32,840) 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, 02/28/21 (32,840) Other Fund Balance Components: Restricted - Current Year Encumbrances 18,500 Restricted - Prior Year Encumbrances Total Fund Balance $ (14,340)
17
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating Revenues: Charges for Services $ 130,313,972 130,313,972 83,809,878 (46,504,094) 64.31% -2.36% Penalties 1,106,786 1,106,786 520,281 (586,505) 47.01% -19.66% Connection Charges 280,151 280,151 19,200 (260,951) 6.85% -59.82% Meter Reading 21,907 21,907 0.00% -66.67% Temporary Service 1,000 1,000 0.00% -66.67% Rental Income 340,239 340,239 257,820 (82,419) 75.78% 9.11% Transmission Wheeling 5,000,000 5,000,000 3,211,340 (1,788,660) 64.23% -2.44% Total Operating Revenues 137,041,148 137,041,148 87,841,426 (49,199,722) 64.10% -2.57% Operating Expenses: Personnel Services 27,275,535 27,275,535 18,299,227 8,976,308 67.09% 0.42% Other Services 26,731,853 26,729,853 18,378,988 8,350,865 68.76% 2.09% Supplies 57,859,830 57,859,830 37,955,086 19,904,744 65.60% -1.07% Capital Projects 5,285,000 15,463,979 7,558,971 7,905,008 48.88% -17.79% Capital Operating 1,313,400 1,315,400 82,462 1,232,938 6.27% -60.40% Debt Service 10,547,050 10,547,050 7,034,086 3,512,964 66.69% 0.02% Other Expenses 275,000 275,000 275,000 0.00% -66.67% Total Operating Expenses 129,287,668 139,466,647 89,308,820 50,157,827 64.04% -2.63% Nonoperating Revenues (Expenses): Investment Income 200,000 200,000 325,125 125,125 162.56% 95.89% Interfund Charges for Support Services 1,828,147 1,828,147 1,166,977 (661,170) 63.83% -2.84% Miscellaneous Revenue (Expense) 886,189 886,189 (410,026) (1,296,215) -46.27% -112.94% Total Nonoperating Revenue (Expenses) 2,914,336 2,914,336 1,082,076 (1,832,260) 37.13% -29.54% 10,667,816 488,837 (385,318) (874,155) -78.82% -145.49% Capital Contributions 0.00% -66.67% Transfers Out – Utility Payments In Lieu of Taxes (13,000,000) (13,000,000) (9,076,288) (3,923,712) 69.82% 3.15% Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Special Item - Electric Rebate (11,220,000) (11,199,113) (20,887) 99.81% 33.14% Total Transfers and Special Items (13,000,000) (24,220,000) (20,275,401) (3,944,599) 83.71% 17.04% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (2,332,184) (23,731,163) (20,660,719) 3,070,444 Beginning Available Resources 82,856,511 Ending Available Resources 62,195,792 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 $ (4,804,208) Income (Loss) Before Transfers
Power and Light For the period ended February 28, 2021 18
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Water
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating Revenues: Charges for Services $ 31,850,000 31,850,000 21,403,887 (10,446,113) 67.20% 0.53% Penalties 170,000 170,000 84,816 (85,184) 49.89% -16.78% Connection/Disconnection Charges 83,750 83,750 3,177 (80,573) 3.79% -62.88% Meter Reading 1,000 1,000 7,099 6,099 709.90% 643.23% Returned Check Charges 10,000 10,000 10,865 865 108.65% 41.98% Rental Income 35,000 35,000 48,535 13,535 138.67% 72.00% Meter Repairs 250 250 (250) 0.00% -66.67% Merchandising Jobbing 7,966 7,966 0.00% -66.67% Total Operating Revenues 32,150,000 32,150,000 21,566,345 (10,583,655) 67.08% 0.41% Operating expenses: Personnel Services 8,666,805 8,666,805 5,216,622 3,450,183 60.19% -6.48% Other Services 11,365,107 12,765,107 7,009,471 5,755,636 54.91% -11.76% Supplies 2,460,040 2,460,040 2,049,888 410,152 83.33% 16.66% Capital Projects 4,205,000 14,646,878 2,050,072 12,596,806 14.00% -52.67% Capital Operating 882,493 882,493 702,626 179,867 79.62% 12.95% Debt Service 2,533,338 2,533,338 2,228,892 304,446 87.98% 21.31% Other Expenses 125,000 125,000 125,000 0.00% -66.67% Total Operating Expenses 30,237,783 42,079,661 19,257,571 22,822,090 45.76% -20.91% Nonoperating Revenues (Expenses): Investment Income 75,000 75,000 342,524 267,524 456.70% 390.03% Interfund Charges for Support Services 1,392,092 1,392,092 928,061 (464,031) 66.67% 0.00% Miscellaneous Revenue (Expense) 150,288 150,288 0.00% -66.67% Total Nonoperating Revenue (Expenses) 1,467,092 1,467,092 1,420,873 (46,219) 96.85% 30.18% 3,379,309 (8,462,569) 3,729,647 12,192,216 -44.07% -110.74% Transfers Out – Utility Payments In Lieu of Taxes (3,200,000) (3,200,000) (2,132,781) (1,067,219) 66.65% -0.02% Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers (3,200,000) (3,200,000) (2,132,781) (1,067,219) 66.65% -0.02% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 179,309 (11,662,569) 1,596,866 13,259,435 Beginning Available Resources 32,358,367 Cancellation of Prior Year Encumbrances 33,456 Ending Available Resources 33,988,689 Current Debt Service Due 1,773,790 Operating Reserve (63 Days) 4,889,277 Mngt Recom Operating Reserve (27 Days) 2,095,389 Capital Projects in Process - Non Bond 12,596,806 Prior Year Open Encumbrances - Non Cap 306,653 Reserved Resources 21,661,915 Total Non-Restricted Resources Available $ 12,326,774 Income (Loss) Before Transfers
19
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Sanitary Sewer For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 33,393,893 33,393,893 23,167,493 (10,226,400) 69.38% 2.71% Penalties 200,000 200,000 126,339 (73,661) 63.17% -3.50% Total operating revenues 33,593,893 33,593,893 23,293,832 (10,300,061) 69.34% 2.67% Operating expenses: Personnel Services 5,868,295 5,868,295 3,555,073 2,313,222 60.58% -6.09% Other Services 13,075,398 13,075,398 6,661,848 6,413,550 50.95% -15.72% Supplies 661,840 661,840 288,405 373,435 43.58% -23.09% Capital Projects 5,330,000 12,851,182 1,091,412 11,759,770 8.49% -58.18% Capital Operating 926,000 926,000 757,854 168,146 81.84% 15.17% Debt Service 6,290,632 6,290,632 4,922,504 1,368,128 78.25% 11.58% Other Expenses 30,000 30,000 30,000 0.00% -66.67% Total Operating Expenses 32,182,165 39,703,347 17,277,096 22,426,251 43.52% -23.15% Nonoperating Revenues (Expenses): Investment Income 51,000 51,000 132,440 81,440 259.69% 193.02% Miscellaneous Revenue (Expense) (50,653) (50,653) 0.00% -66.67% Total Nonoperating Revenue (Expenses) 51,000 51,000 81,787 30,787 160.37% 93.70% 1,462,728 (6,058,454) 6,098,523 12,156,977 -100.66% -167.33% Transfers Out – Utility Payments In Lieu of Taxes (3,596,612) (3,596,612) (2,414,690) (1,181,922) 67.14% 0.47% Transfers In 10,000 10,000 10,000 100.00% 33.33% Transfers Out 0.00% -66.67% Total Transfers (3,586,612) (3,586,612) (2,404,690) (1,181,922) 67.05% 0.38% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (2,123,884) (9,645,066) 3,693,833 13,338,899 Beginning Available Resources 20,160,346 Cancellation of Prior Year Encumbrances 92,765 Ending Available Resources 23,946,944 Current Debt Service Due 2,877,109 Operating Reserve (63 Days) 5,164,395 Mngt Recom Operating Reserve (27 Days) 2,213,325 Capital Projects in Process - Non Bond 11,325,740 Prior Year Open Encumbrances - Non Cap 225,117 Reserved Resources 21,805,686 Total Non-Restricted Resources Available $ 2,141,258 Income (Loss) Before Transfers
20
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Events
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ — — — — 0.00% -66.67% Miscellaneous — — — — 0.00% -66.67% Total operating revenues — — — — 0.00% -66.67% Operating Expenses: Personnel Services — — — — 0.00% -66.67% Other Services — — 5,750 (5,750) 0.00% -66.67% Supplies — — — — 0.00% -66.67% Capital Outlay 75,000 1,478,361 115,244 1,363,117 7.80% -58.87% Debt Service 5,173,844 5,173,844 2,464,229 2,709,615 47.63% -19.04% Other Expenses — — — — 0.00% -66.67% Total Operating Expenses 5,248,844 6,652,205 2,585,223 4,066,982 38.86% -27.81% Nonoperating Revenues (Expenses): Investment Income — — 35,006 35,006 0.00% -66.67% Miscellaneous Revenue (Expense) — — — — 0.00% -66.67% Sales Tax 5,173,844 5,173,844 1,687,242 (3,486,602) 32.61% -34.06% Total Nonoperating Revenue (Expenses) 5,173,844 5,173,844 1,722,248 (3,451,596) 0.00% -66.67% (75,000) (1,478,361) (862,975) 615,386 58.37% -8.30% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -66.67% Transfers In 75,000 75,000 — 75,000 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Transfers 75,000 75,000 — 75,000 0.00% -66.67% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (1,403,361) (862,975) 540,386 Unassigned Fund Balance at Beginning of Year (24,424,459) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (1,307,209) Ending Unassigned Fund Balance, 02/28/21 (26,594,643) Restricted: Bond Reserve Project Accounts 6,827,684 Total restricted 6,827,684 Committed: Capital Projects In Process 1,363,117 Total Committed 1,363,117 Assigned: Prior Year Open Encumbrances - Excluding Capital Projects — Current Year Open Encumbrances - Excluding Capital Projects — Total Assigned — Total Fund Balance $ (18,403,842) Income (Loss) Before Transfers
Center Debt Service
21
CITY OF
INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Central Garage
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 2,088,731 2,088,731 1,051,192 (1,037,539) 50.33% -16.34% Miscellaneous — — 3,228 3,228 0.00% -66.67% Total Operating Revenues 2,088,731 2,088,731 1,054,420 (1,034,311) 50.48% -16.19% Operating Expenses: Personnel Services 754,502 754,502 457,119 297,383 60.59% -6.08% Other Services 550,811 547,411 504,422 42,989 92.15% 25.48% Supplies 768,986 772,386 457,441 314,945 59.22% -7.45% Capital Outlay 25,375 25,375 2,061 23,314 8.12% -58.55% Other Expenses — — — — 0.00% -66.67% Total Operating Expenses 2,099,674 2,099,674 1,421,043 678,631 67.68% 1.01% Nonoperating Revenues (Expenses): Investment Income 300 300 4,531 4,231 1510.33% 1443.66% Miscellaneous Revenue (Expense) — — 1,870 1,870 0.00% -66.67% Total Nonoperating Revenue (Expenses) 300 300 6,401 6,101 2133.67% 2067.00% (10,643) (10,643) (360,222) (349,579) 3384.59% 3317.92% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -66.67% Transfers In — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Transfers — — — — 0.00% -66.67% Change In Net Position (Budget Basis) $ (10,643) (10,643) (360,222) (349,579) Unassigned Fund Balance at Beginning of Year (1,211,182) Cancellation of Prior Year Encumbrances 13,000 Change in Other Fund Balance Components During the Year (80,315) Year-end investment market value adjustment — Ending Unassigned Fund Balance GAAP Basis, 02/28/21 (1,638,719) Other Net Position Components: Assigned - Current Year Encumbrances 356,957 Assigned - Prior Year Encumbrances 20,096 Total Fund Balance $ (1,261,666) Income (Loss) Before Transfers
22
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
Schedule
Staywell Health Care
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 14,532,190 14,532,190 11,633,494 (2,898,696) 80.05% 13.38% Miscellaneous — — — — 0.00% -66.67% Total Operating Revenues 14,532,190 14,532,190 11,633,494 (2,898,696) 80.05% 13.38% Operating Expenses: Personnel Services — — 157,200 (157,200) 0.00% -66.67% Other Services 14,532,190 14,532,190 14,600,001 (67,811) 100.47% 33.80% Supplies — — 128 (128) 0.00% -66.67% Capital Outlay — — — — 0.00% -66.67% Other Expenses — — — — 0.00% -66.67% Total Operating Expenses 14,532,190 14,532,190 14,757,329 (225,139) 101.55% 34.88% Nonoperating Revenues (Expenses): Investment Income — — 3,467 3,467 0.00% -66.67% Miscellaneous Revenue (Expense) — — 864,483 864,483 0.00% -66.67% Total Nonoperating Revenue (Expenses) — — 867,950 867,950 0.00% -66.67% — — (2,255,885) (2,255,885) 0.00% -66.67% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -66.67% Transfers In — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Transfers — — — — 0.00% -66.67% Change In Net Position (Budget Basis) $ — — (2,255,885) (2,255,885) Unassigned Fund Balance at Beginning of Year 3,312,003 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year 326,520 Ending Unassigned Fund Balance GAAP Basis, 02/28/21 1,382,638 Other Net Position Components: Assigned - Current Year Encumbrances — Assigned - Prior Year Encumbrances — Total Fund Balance $ 1,382,638 Income (Loss) Before Transfers
23
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Workers'
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 3,558,840 3,558,840 2,372,560 (1,186,280) 66.67% 0.00% Miscellaneous — — 1,102 1,102 0.00% -66.67% Total Operating Revenues 3,558,840 3,558,840 2,373,662 (1,185,178) 66.70% 0.03% Operating Expenses: Personnel Services 21,000 21,000 — 21,000 0.00% -66.67% Other Services 4,500,000 4,500,000 1,947,345 2,552,655 43.27% -23.40% Supplies 4,000 4,000 — 4,000 0.00% -66.67% Capital Outlay 2,000 2,000 — 2,000 0.00% -66.67% Other Expenses — — — — 0.00% -66.67% Total Operating Expenses 4,527,000 4,527,000 1,947,345 2,579,655 43.02% -23.65% Nonoperating Revenues (Expenses): Investment Income 12,000 12,000 1,186 (10,814) 9.88% -56.79% Miscellaneous Revenue (Expense) — — 38,386 38,386 0.00% -66.67% Total Nonoperating Revenue (Expenses) 12,000 12,000 39,572 27,572 329.77% 263.10% (956,160) (956,160) 465,889 1,422,049 -48.73% -115.40% Transfers In — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Transfers — — — — 0.00% -66.67% Change In Net Position (Budget Basis) $ (956,160) (956,160) 465,889 1,422,049 Unassigned Fund Balance at Beginning of Year (8,552,971) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (587,483) Year-end investment market value adjustment — Ending Unassigned Fund Balance GAAP Basis, 02/28/21 (8,674,565) Other Net Position Components: Restricted - Work Comp Escrow Assigned - Current Year Encumbrances 44,330 Assigned - Prior Year Encumbrances 10,675 Total Fund Balance $ (8,619,560) Income (Loss) Before Transfers
Compensation
24
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
Schedule Risk Management
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 2,991,000 2,991,000 1,495,500 (1,495,500) 50.00% -16.67% Miscellaneous — — — — 0.00% -66.67% Total Operating Revenues 2,991,000 2,991,000 1,495,500 (1,495,500) 50.00% -16.67% Operating Expenses: Personnel Services 15,000 15,000 — 15,000 0.00% -66.67% Other Services 2,988,000 2,988,000 1,312,506 1,675,494 43.93% -22.74% Supplies 3,000 3,000 — 3,000 0.00% -66.67% Capital Outlay — — — — 0.00% -66.67% Other Expenses — — — — 0.00% -66.67% Total Operating Expenses 3,006,000 3,006,000 1,312,506 1,693,494 43.66% -23.01% Nonoperating Revenues (Expenses): Investment Income — — 5,830 5,830 0.00% -66.67% Miscellaneous Revenue (Expense) — — — — 0.00% -66.67% Total Nonoperating Revenue (Expenses) — — 5,830 5,830 0.00% -66.67% (15,000) (15,000) 188,824 203,824 -1258.83% -1325.50% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -66.67% Transfers In — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Transfers — — — — 0.00% -66.67% Change In Net Position (Budget Basis) $ (15,000) (15,000) 188,824 203,824 Unassigned Fund Balance at Beginning of Year 573,283 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance GAAP Basis, 02/28/21 762,107 Other Net Position Components: Assigned - Current Year Encumbrances 41,006 Assigned - Prior Year Encumbrances 732 Total Fund Balance $ 803,845 Income (Loss) Before Transfers
25
CITY OF INDEPENDENCE, MISSOURI Budgetary
Comparison Schedule
Enterprise Resource Planning
For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 1,430,000 1,430,000 715,000 (715,000) 50.00% -16.67% Miscellaneous 0.00% -66.67% Total Operating Revenues 1,430,000 1,430,000 715,000 (715,000) 50.00% -16.67% Operating Expenses: Personnel Services 430,000 430,000 356,155 73,845 82.83% 16.16% Other Services 999,561 999,561 874,629 124,932 87.50% 20.83% Supplies 0.00% -66.67% Capital Outlay 4,596,317 (4,596,317) 0.00% -66.67% Other Expenses 0.00% -66.67% Total Operating Expenses 1,429,561 1,429,561 5,827,101 (4,397,540) 407.61% 340.94% Nonoperating Revenues (Expenses): Investment Income 200 200 (200) 0.00% -66.67% Miscellaneous Revenue (Expense) 0.00% -66.67% Total Nonoperating Revenue (Expenses) 200 200 (200) 0.00% -66.67% 639 639 (5,112,101) (5,112,740) -800015.81% -800082.48% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -66.67% Transfers In – CARES Act 2,775,613 (2,775,613) 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers 2,775,613 (2,775,613) 0.00% -66.67% Change In Net Position (Budget Basis) $ 639 639 (2,336,488) (2,337,127) Unassigned Fund Balance at Beginning of Year (990,064) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance GAAP Basis, 02/28/21 (3,326,552) Other Net Position Components: Assigned - Current Year Encumbrances 64,228 Assigned - Prior Year Encumbrances 97,660 Total Fund Balance $ (3,164,664) Income (Loss) Before Transfers
26
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ — — 9,290 9,290 0.00% -66.67% Investment Income (Loss) 500 500 130 (370) 26.00% -40.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 500 500 9,420 8,920 1884.00% 1817.33% Expenditures: General Government — — — — 0.00% -66.67% Debt Service 9,998 9,998 9,382 616 93.84% 27.17% Total Expenditures 9,998 9,998 9,382 616 93.84% 27.17% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total expenditures and other financing uses 9,998 9,998 9,382 616 93.84% 27.17% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (9,498) (9,498) 38 9,536 Unassigned Fund Balance at Beginning of Year 103,247 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 103,285 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 103,285
Budgetary Comparison Schedule Debt Service - Neighborhood Improvement Districts For the period ended Februray 28, 2021 27
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ — — 8,308 8,308 0.00% -66.67% Investment Income — — 1,223 1,223 0.00% -66.67% Intergovernmental — — — — 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues — — 9,531 9,531 0.00% -66.67% Other Financing Sources: Transfers In — — — — 0.00% -66.67% Proceeds From Bond Issuance — — — — Total Other Financing Sources — — — — 0.00% -66.67% Total Revenues and Other Financing Sources — — 9,531 9,531 0.00% -66.67% Expenditures: Public Works — — — — 0.00% -66.67% Culture and Recreation — — — — 0.00% -66.67% Capital Outlay — 338,651 207,851 130,800 61.38% -5.29% Total Expenditures — 338,651 207,851 130,800 61.38% -5.29% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses — 338,651 207,851 130,800 61.38% -5.29% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (338,651) (198,320) 140,331 Unassigned Fund Balance at Beginning of Year (51,591) Cancellation of Prior Year Encumbrances 7,507 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 (242,404) Other Fund Balance Components: Committed - Current Year Encumbrances 207,851 Committed - Prior Year Encumbrances 72,244 Total Fund Balance $ 37,691 Budgetary Comparison Schedule
OF INDEPENDENCE,
Street Improvements Capital Project Fund For the period ended February 28, 2021 28
CITY
MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -66.67% Investment Income (Loss) — — 178 178 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues — — 178 178 0.00% -66.67% Expenditures: Public Works — — — — 0.00% -66.67% Culture and Recreation — — — — 0.00% -66.67% Capital Outlay — — — — 0.00% -66.67% Total Expenditures — — — — 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses — — — — 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — 178 178 Unassigned Fund Balance at Beginning of Year 21,577 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 21,755 Other Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ 21,755
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Revolving Public Improvements Capital Project Fund For the period ended February 28, 2021 29
CITY
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -66.67% Investment Income — — 11 11 0.00% -66.67% Other Revenue — — 5,289 5,289 0.00% -66.67% Total revenues — — 5,300 5,300 0.00% -66.67% Other Financing Sources: Transfers In — — — — 0.00% -66.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — — — 0.00% -66.67% Total Revenues and Other Financing Sources — — 5,300 5,300 0.00% -66.67% Expenditures: Public Works — — — — 0.00% -66.67% Culture and Recreation — — — — 0.00% -66.67% Capital Outlay — 1,443,621 853,322 590,299 59.11% -7.56% Total Expenditures — 1,443,621 853,322 590,299 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total expenditures and other financing uses — 1,443,621 853,322 590,299 59.11% -7.56% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (1,443,621) (848,022) 595,599 Unassigned Fund Balance at Beginning of Year (83,551) Cancellation of Prior Year Encumbrances 9,104 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 (922,469) Other Fund Balance Components: Committed - Current Year Encumbrances 829,797 Committed - Prior Year Encumbrances 69,980 Total Fund Balance $ (22,692)
Budgetary Comparison Schedule Buildings and Other Improvements Capital Project Fund For the period ended February 28, 2021 30
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -66.67% Investment Income — — — — 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total revenues — — — — 0.00% -66.67% Expenditures: Public Works — — — — 0.00% -66.67% Culture and Recreation — — — — 0.00% -66.67% Capital Outlay — — — — 0.00% -66.67% Total Expenditures — — — — 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total expenditures and other financing uses — — — — 0.00% -66.67% 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, 02/28/21 (16,155) Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ (16,155)
Budgetary Comparison Schedule Storm Drainage Capital Project Fund For the period ended February 28, 2021 31
CITY OF INDEPENDENCE, MISSOURI
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Capital Project Fund For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -66.67% Investment Income (Loss) — — 266 266 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total revenues — — 266 266 0.00% -66.67% Expenditures: Public Works — — — — 0.00% -66.67% Culture and Recreation — — — — 0.00% -66.67% Capital Outlay — — — — 0.00% -66.67% Total Expenditures — — — — 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total expenditures and other financing uses — — — — 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — 266 266 Unassigned Fund Balance at Beginning of Year 31,426 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 02/28/21 31,692 Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ 31,692
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 16,600 16,600 — (16,600) 0.00% -66.67% Investment Income — — 110 110 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 16,600 16,600 110 (16,490) 0.66% -66.01% Expenditures: Public Works — — — — 0.00% -66.67% Culture and Recreation 18,209 18,209 5,478 12,731 30.08% -36.59% Capital Outlay — — — — 0.00% -66.67% Total Expenditures 18,209 18,209 5,478 12,731 30.08% -36.59% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 18,209 18,209 5,478 12,731 30.08% -36.59% Excess of revenues over (under) expenditures and Other Financing Uses, Budget Basis $ (1,609) (1,609) (5,368) (3,759) Unassigned Net Position at Beginning of Year 9,495 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Net Position, 02/28/21 4,127 Other Net Position Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Net Position $ 4,127
Private Purpose Expendable Trust Fund - Vaile Mansion For the period ended February 28, 2021 33
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence Events Center CID For the period ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 7,700,767 7,700,767 4,717,377 (2,983,390) 61.26% -5.41% Investment Income 128,715 128,715 10,619 (118,096) 8.25% -58.42% Total Revenues 7,829,482 7,829,482 4,727,996 (3,101,486) 60.39% -6.28% Expenditures: Administrative Fee 154,015 154,015 94,348 59,667 61.26% -5.41% Insurance 2,150 2,150 2,150 0.00% -66.67% Legal 44,850 44,850 44,850 0.00% -66.67% Audit 5,150 5,150 5,150 100.00% 33.33% Banking 5,916 5,916 4,480 1,436 75.73% 9.06% Contract Services 310,500 310,500 300,000 10,500 96.62% 29.95% Capital Outlay 0.00% -66.67% Other 0.00% -66.67% Total Expenditures 522,581 522,581 403,978 118,603 77.30% 10.63% Other Financing Uses: Transfers Out - EATS (75,000) (75,000) (587,180) 512,180 782.91% 716.24% Transfers Out - Debt Service (City) (5,173,844) (5,173,844) (1,100,062) (4,073,782) 21.26% -45.41% Total Other Financing Uses (5,248,844) (5,248,844) (1,687,242) (3,561,602) 32.15% -34.52% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 2,058,057 2,058,057 2,636,776 578,719 Unassigned Fund Balance at Beginning of Year 7,010,144 Cancellation of Prior Year Encumbrances 30,725 Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/21 9,677,645 Other Fund Balance Components: Restricted - current year encumbrances Restricted - prior year encumbrances Total Fund Balance $ 9,677,645
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales taxes $ — — 307,996 307,996 0.00% -66.67% Investment income — — 154 154 0.00% -66.67% Total revenues — — 308,150 308,150 0.00% -66.67% Expenditures: Administrative fee — — 6,160 (6,160) 0.00% -66.67% Insurance 2,000 2,000 2,132 (132) 106.60% 39.93% Legal — — 1,250 (1,250) 0.00% -66.67% Audit 4,700 4,700 5,150 (450) 109.57% 42.90% Banking — — 239 (239) 0.00% -66.67% Contract services — — — — 0.00% -66.67% Capital outlay — — — — 0.00% -66.67% Other — — — — 0.00% -66.67% Total expenditures 6,700 6,700 14,931 (8,231) 222.85% 156.18% Other financing uses: Transfers out - EATS (248,491) (248,491) (153,998) (94,493) 61.97% -4.70% Transfers out - Debt Service (City) (215,000) (215,000) (86,000) (129,000) 40.00% -26.67% Total other financing uses (463,491) (463,491) (239,998) (223,493) 51.78% -14.89% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (470,191) (470,191) 53,221 523,412 Unassigned Fund Balance at Beginning of Year 82,217 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (293) Unassigned Ending Fund Balance, 02/28/21 135,145 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - City Transportation 6,079 Total Fund Balance $ 141,224
Crackerneck Creek TDD For the period ended February 28, 2021 35
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Tax Increment Financing Summary
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 16,228,916 16,228,916 16,163,239 (65,677) 99.60% 32.93% Investment Income (Loss) — — 189,784 189,784 0.00% -66.67% Other revenue 1,310,958 1,310,958 904,240 (406,718) 68.98% 2.31% Total Revenues 17,539,874 17,539,874 17,257,263 (282,611) 98.39% 31.72% Other Financing Sources: Transfers In 1,327,471 1,327,471 587,181 (740,290) 44.23% -22.44% Proceeds from bond issuance — — — — Total Other Financing Sources 1,327,471 1,327,471 587,181 (740,290) 44.23% -22.44% Total Revenues and Other Financing Sources 18,867,345 18,867,345 17,844,444 (1,022,901) 94.58% 27.91% Expenditures: Tax Increment Financing 1,792,897 1,792,897 366,493 1,426,404 20.44% -46.23% Debt Service Principal 9,594,866 10,081,215 554,141 9,527,074 5.50% -61.17% Interest and Fiscal Agent Fees 5,587,948 5,587,948 5,686,489 (98,541) 101.76% 35.09% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 16,975,711 17,462,060 6,607,123 10,854,937 37.84% -28.83% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — 587,181 (587,181) 0.00% -66.67% Total Other Financing Uses — — 587,181 (587,181) 0.00% -66.67% Total Expenditures and Other Financing Uses 16,975,711 17,462,060 7,194,304 10,267,756 41.20% -25.47% Excess of Revenues Over (Under) Expenditures and other financing uses $ 1,891,634 1,405,285 10,650,140 9,244,855 Unassigned Fund Balance at Beginning of Year 18,749,314 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 29,399,454 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances 15,226 Restricted - Trust Debt Service 12,333,319 Total Fund Balance $ 41,747,999
36
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ — — — — 0.00% -66.67% Investment Income (Loss) — — 13 13 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues — — 13 13 0.00% -66.67% Expenditures: Tax Increment Financing — — — — 0.00% -66.67% Debt Service Principal — — — — 0.00% -66.67% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures — — — — 0.00% -66.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses — — — — 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 13 13 Unassigned Fund Balance at Beginning of Year 1,572 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 1,585 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 1,585
Mid-Town Truman Rd TIF
37
For the Period Ended February 28, 2021
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
RSO TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 257,999 257,999 (1,622) (259,621) -0.63% -67.30% Investment Income (Loss) — — — — 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 257,999 257,999 (1,622) (259,621) -0.63% -67.30% Expenditures: Tax Increment Financing 3,822 3,822 — 3,822 0.00% -66.67% Debt Service Principal 50,950 50,950 — 50,950 0.00% -66.67% Interest and Fiscal Agent Fees 203,227 203,227 14,100 189,127 6.94% -59.73% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 257,999 257,999 14,100 243,899 5.47% -61.20% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 257,999 257,999 14,100 243,899 5.47% -61.20% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (15,722) (15,722) Unassigned Fund Balance at Beginning of Year 15,722 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 — Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ —
38
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Santa Fe TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 26,271 26,271 28,470 2,199 108.37% 41.70% Investment Income (Loss) — — (23) (23) 0.00% -66.67% Other Revenue 102,958 102,958 50,540 (52,418) 49.09% -17.58% Total Revenues 129,229 129,229 78,987 (50,242) 61.12% -5.55% Other Financing Sources: Transfers In 187,942 187,942 — (187,942) 0.00% -66.67% Proceeds from bond issuance — — — — Total Other Financing Sources 187,942 187,942 — (187,942) 0.00% -66.67% Total Revenues and Other Financing Sources 317,171 317,171 78,987 (238,184) 24.90% -41.77% Expenditures: Tax Increment Financing 7,801 7,801 3,000 4,801 38.46% -28.21% Debt Service Principal 190,000 190,000 95,000 95,000 50.00% -16.67% Interest and Fiscal Agent Fees 339,938 339,938 167,831 172,107 49.37% -17.30% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 537,739 537,739 265,831 271,908 49.43% -17.24% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 537,739 537,739 265,831 271,908 49.43% -17.24% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (220,568) (220,568) (186,844) 33,724 Unassigned Fund Balance at Beginning of Year (1,206,894) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 (1,393,738) Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 557,834 Total Fund Balance $ (835,904)
39
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Hartman Heritage TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,446,920 1,446,920 1,315,336 (131,584) 90.91% 24.24% Investment Income (Loss) — — — — 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 1,446,920 1,446,920 1,315,336 (131,584) 90.91% 24.24% Other Financing Sources: Transfers In 118,097 118,097 55,516 (62,581) 47.01% -19.66% Proceeds from bond issuance — — — — Total Other Financing Sources 118,097 118,097 55,516 (62,581) 47.01% -19.66% Total Revenues and Other Financing Sources 1,565,017 1,565,017 1,370,852 (194,165) 87.59% 20.92% Expenditures: Tax Increment Financing 121,261 121,261 1,250 120,011 1.03% -65.64% Debt Service Principal 1,630,000 1,630,000 — 1,630,000 0.00% -66.67% Interest and Fiscal Agent Fees 140,068 140,068 37,434 102,634 26.73% -39.94% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 1,891,329 1,891,329 38,684 1,852,645 2.05% -64.62% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — 55,516 (55,516) 0.00% -66.67% Total Other Financing Uses — — 55,516 (55,516) 0.00% -66.67% Total Expenditures and Other Financing Uses 1,891,329 1,891,329 94,200 1,797,129 4.98% -61.69% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (326,312) (326,312) 1,276,652 1,602,964 Unassigned Fund Balance at Beginning of Year (2,498,194) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 (1,221,542) Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ (1,221,542)
40
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 568,730 568,730 614,403 45,673 108.03% 41.36% Investment Income (Loss) — — 15,247 15,247 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 568,730 568,730 629,650 60,920 110.71% 44.04% Expenditures: Tax Increment Financing 15,338 15,338 2,500 12,838 16.30% -50.37% Debt Service Principal 385,000 385,000 — 385,000 0.00% -66.67% Interest and Fiscal Agent Fees 36,150 36,150 12,300 23,850 34.02% -32.65% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 436,488 436,488 14,800 421,688 3.39% -63.28% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 436,488 436,488 14,800 421,688 3.39% -63.28% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 132,242 132,242 614,850 482,608 Unassigned Fund Balance at Beginning of Year 1,841,662 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 2,456,512 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 2,456,512
Budgetary Comparison Schedule Drumm Farm TIF For the Period Ended February 28, 2021 41
CITY OF INDEPENDENCE, MISSOURI
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Eastland TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 5,053,492 5,053,492 4,629,310 (424,182) 91.61% 24.94% Investment Income (Loss) — — 103,050 103,050 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 5,053,492 5,053,492 4,732,360 (321,132) 93.65% 26.98% Other Financing Sources: Transfers In 664,783 664,783 507,642 (157,141) 76.36% 9.69% Proceeds from bond issuance — — — — Total Other Financing Sources 664,783 664,783 507,642 (157,141) 76.36% 9.69% Total Revenues and Other Financing Sources 5,718,275 5,718,275 5,240,002 (478,273) 91.64% 24.97% Expenditures: Tax Increment Financing 457,612 457,612 241,415 216,197 52.76% -13.91% Debt Service Principal 2,870,000 2,870,000 — 2,870,000 0.00% -66.67% Interest and Fiscal Agent Fees 115 115 145,825 (145,710) 126804.35% 126737.68% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 3,327,727 3,327,727 387,240 2,940,487 11.64% -55.03% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — 507,642 (507,642) 0.00% -66.67% Total Other Financing Uses — — 507,642 (507,642) 0.00% -66.67% Total Expenditures and Other Financing Uses 3,327,727 3,327,727 894,882 2,432,845 26.89% -39.78% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 2,390,548 2,390,548 4,345,120 1,954,572 Unassigned Fund Balance at Beginning of Year 12,292,653 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 16,637,773 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 897,693 Total Fund Balance $ 17,535,466
42
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 57,965 57,965 43,373 (14,592) 74.83% 8.16% Investment Income (Loss) — — 460 460 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 57,965 57,965 43,833 (14,132) 75.62% 8.95% Expenditures: Tax Increment Financing 1,645 1,645 — 1,645 0.00% -66.67% Debt Service Principal 10,000 10,000 2,815 7,185 28.15% -38.52% Interest and Fiscal Agent Fees 45,530 45,530 61,285 (15,755) 134.60% 67.93% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 57,175 57,175 64,100 (6,925) 112.11% 45.44% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% -66.67% Total Expenditures and Other Financing Uses 57,175 57,175 64,100 (6,925) 112.11% 45.44% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 790 790 (20,267) (21,057) Unassigned Fund Balance at Beginning of Year 31,933 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 11,666 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 11,666
Budgetary Comparison Schedule North Independence TIF For the Period Ended February 28, 2021 43
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 2,179 2,179 2,026 (153) 92.98% 26.31% Investment Income (Loss) — — 390 390 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 2,179 2,179 2,416 237 110.88% 44.21% Other Financing Sources: Transfers In — — — — 0.00% -66.67% Proceeds from bond issuance — — — — #DIV/0! Capital lease proceeds — — — — 0.00% Total Other Financing Sources — — — — 0.00% -66.67% Total Revenues and Other Financing Sources 2,179 2,179 2,416 237 110.88% 44.21% Expenditures: Tax Increment Financing 63 63 — 63 0.00% -66.67% Debt Service Principal — — — — 0.00% -66.67% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 63 63 — 63 0.00% -66.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 63 63 — 63 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 2,116 2,116 2,416 300 Unassigned Fund Balance at Beginning of Year 47,388 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 49,804 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 49,804
OF INDEPENDENCE,
Budgetary Comparison Schedule Mt Washington TIF For the Period Ended February 28, 2021 44
CITY
MISSOURI
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Crackerneck Creek TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,589,201 1,589,201 1,213,866 (375,335) 76.38% 9.71% Investment Income (Loss) — — 46,654 46,654 0.00% -66.67% Other Revenue 1,208,000 1,208,000 853,700 (354,300) 70.67% 4.00% Total Revenues 2,797,201 2,797,201 2,114,220 (682,981) 75.58% 8.91% Other Financing Sources: Transfers In 315,000 315,000 — (315,000) 0.00% -66.67% Proceeds from bond issuance — — — — Total Other Financing Sources 315,000 315,000 — (315,000) 0.00% -66.67% Total Revenues and Other Financing Sources 3,112,201 3,112,201 2,114,220 (997,981) 67.93% 1.26% Expenditures: Tax Increment Financing 48,817 48,817 13,091 35,726 26.82% -39.85% Debt Service Principal 50,000 50,000 50,000 — 100.00% 33.33% Interest and Fiscal Agent Fees 3,779,920 3,779,920 3,777,571 2,349 99.94% 33.27% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 3,878,737 3,878,737 3,840,662 38,075 99.02% 32.35% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 3,878,737 3,878,737 3,840,662 38,075 99.02% 32.35% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (766,536) (766,536) (1,726,442) (959,906) Unassigned Fund Balance at Beginning of Year 5,889,536 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 4,163,094 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances 15,226 Restricted - Trust Debt Service 7,522,922 Total Fund Balance $ 11,701,242
45
CITY
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 496,239 496,239 640,561 144,322 129.08% 62.41% Investment Income (Loss) — — 3,854 3,854 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 496,239 496,239 644,415 148,176 129.86% 63.19% Expenditures: Tax Increment Financing 9,590 9,590 — 9,590 0.00% -66.67% Debt Service 486,349 Principal — 486,349 95,618 390,731 19.66% -47.01% Interest and Fiscal Agent Fees — — 525,082 (525,082) 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 495,939 495,939 620,700 (124,761) 125.16% 58.49% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 495,939 495,939 620,700 (124,761) 125.16% 58.49% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 300 300 23,715 23,415 Unassigned Fund Balance at Beginning of Year 3,942 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 27,657 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 27,657
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Old Landfill TIF
46
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Trinity TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 489,107 489,107 394,921 (94,186) 80.74% 14.07% Investment Income (Loss) — — 22 22 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 489,107 489,107 394,943 (94,164) 80.75% 14.08% Other Financing Sources: Transfers In 32,466 32,466 19,872 (12,594) 61.21% -5.46% Proceeds from bond issuance — — — — Total Other Financing Sources 32,466 32,466 19,872 (12,594) 61.21% -5.46% Total Revenues and Other Financing Sources 521,573 521,573 414,815 (106,758) 79.53% 12.86% Expenditures: Tax Increment Financing 11,267 11,267 — 11,267 0.00% -66.67% Debt Service Principal 510,360 510,360 115,166 395,194 22.57% -44.10% Interest and Fiscal Agent Fees — — 106,059 (106,059) 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 521,627 521,627 221,225 300,402 42.41% -24.26% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — 19,872 (19,872) 0.00% -66.67% Total Other Financing Uses — — 19,872 (19,872) 0.00% -66.67% Total Expenditures and Other Financing Uses 521,627 521,627 241,097 280,530 46.22% -20.45% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (54) (54) 173,718 173,772 Unassigned Fund Balance at Beginning of Year (127,770) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 45,948 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 45,948
47
CITY OF INDEPENDENCE,
MISSOURI
Budgetary Comparison Schedule
HCA TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 3,589,345 3,589,345 4,572,931 983,586 127.40% 60.73% Investment Income (Loss) — — 10,449 10,449 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 3,589,345 3,589,345 4,583,380 994,035 127.69% 61.02% Other Financing Sources: Transfers In 9,183 9,183 4,151 (5,032) 45.20% -21.47% Proceeds from bond issuance — — — — Total Other Financing Sources 9,183 9,183 4,151 (5,032) 45.20% -21.47% Total Revenues and Other Financing Sources 3,598,528 3,598,528 4,587,531 989,003 127.48% 60.81% Expenditures: Tax Increment Financing 550,170 550,170 104,125 446,045 18.93% -47.74% Debt Service Principal 1,950,000 1,950,000 — 1,950,000 0.00% -66.67% Interest and Fiscal Agent Fees 1,043,000 1,043,000 477,675 565,325 45.80% -20.87% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 3,543,170 3,543,170 581,800 2,961,370 16.42% -50.25% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — 4,151 (4,151) 0.00% -66.67% Total Other Financing Uses — — 4,151 (4,151) 0.00% -66.67% Total Expenditures and Other Financing Uses 3,543,170 3,543,170 585,951 2,957,219 16.54% -50.13% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 55,358 55,358 4,001,580 3,946,222 Unassigned Fund Balance at Beginning of Year 1,252,821 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 5,254,401 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 3,354,870 Total Fund Balance $ 8,609,271
48
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Cinema East TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 257,861 257,861 199,888 (57,973) 77.52% 10.85% Investment Income (Loss) — — 15 15 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 257,861 257,861 199,903 (57,958) 77.52% 10.85% Expenditures: Tax Increment Financing 5,139 5,139 — 5,139 0.00% -66.67% Debt Service Principal 252,902 252,902 29,387 223,515 11.62% -55.05% Interest and Fiscal Agent Fees — — 157,327 (157,327) 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 258,041 258,041 186,714 71,327 72.36% 5.69% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 258,041 258,041 186,714 71,327 72.36% 5.69% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (180) (180) 13,189 13,369 Unassigned Fund Balance at Beginning of Year 36,112 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 49,301 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 49,301
49
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 1 TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 82,194 82,194 59,236 (22,958) 72.07% 5.40% Investment Income (Loss) — — 16 16 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 82,194 82,194 59,252 (22,942) 72.09% 5.42% Expenditures: Tax Increment Financing 2,063 2,063 — 2,063 0.00% -66.67% Debt Service Principal 80,131 80,131 44,000 36,131 54.91% -11.76% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 82,194 82,194 44,000 38,194 53.53% -13.14% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 82,194 82,194 44,000 38,194 53.53% -13.14% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 15,252 15,252 Unassigned Fund Balance at Beginning of Year 26,964 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 42,216 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 42,216
50
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 2 TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 11,729 11,729 11,776 47 100.40% 33.73% Investment Income (Loss) — — 10 10 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 11,729 11,729 11,786 57 100.49% 33.82% Expenditures: Tax Increment Financing 246 246 — 246 0.00% -66.67% Debt Service Principal 11,483 11,483 1,500 9,983 13.06% -53.61% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 11,729 11,729 1,500 10,229 12.79% -53.88% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 11,729 11,729 1,500 10,229 12.79% -53.88% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 10,286 10,286 Unassigned Fund Balance at Beginning of Year 2,341 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 12,627 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 12,627
51
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 3 TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 24,348 24,348 17,598 (6,750) 72.28% 5.61% Investment Income (Loss) — — 8 8 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 24,348 24,348 17,606 (6,742) 72.31% 5.64% Expenditures: Tax Increment Financing 24,438 24,438 — 24,438 0.00% -66.67% Debt Service Principal — — — — 0.00% -66.67% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 24,438 24,438 — 24,438 0.00% -66.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 24,438 24,438 — 24,438 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (90) (90) 17,606 17,696 Unassigned Fund Balance at Beginning of Year 7,388 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 24,994 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 24,994
52
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 4 TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 462,503 462,503 305,423 (157,080) 66.04% -0.63% Investment Income (Loss) — — 86 86 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 462,503 462,503 305,509 (156,994) 66.06% -0.61% Expenditures: Tax Increment Financing 462,503 462,503 — 462,503 0.00% -66.67% Debt Service Principal — — — — 0.00% -66.67% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 462,503 462,503 — 462,503 0.00% -66.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 462,503 462,503 — 462,503 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 305,509 305,509 Unassigned Fund Balance at Beginning of Year 91,416 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 396,925 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 396,925
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CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Independence Square TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 145,470 145,470 261,991 116,521 180.10% 113.43% Investment Income (Loss) — — 6,202 6,202 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 145,470 145,470 268,193 122,723 184.36% 117.69% Expenditures: Tax Increment Financing 7,799 7,799 — 7,799 0.00% -66.67% Debt Service Principal — — — — 0.00% -66.67% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 7,799 7,799 — 7,799 0.00% -66.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 7,799 7,799 — 7,799 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 137,671 137,671 268,193 130,522 Unassigned Fund Balance at Beginning of Year 557,713 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 825,906 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 825,906
54
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
I-70 & Little Blue Parkway Project 1 TIF For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,152,029 1,152,029 1,339,835 187,806 116.30% 49.63% Investment Income (Loss) — — 329 329 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 1,152,029 1,152,029 1,340,164 188,135 116.33% 49.66% Expenditures: Tax Increment Financing 23,927 23,927 — 23,927 0.00% -66.67% Debt Service Principal 1,128,102 1,128,102 120,655 1,007,447 10.70% -55.97% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 1,152,029 1,152,029 120,655 1,031,374 10.47% -56.20% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 1,152,029 1,152,029 120,655 1,031,374 10.47% -56.20% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 1,219,509 1,219,509 Unassigned Fund Balance at Beginning of Year 368,733 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 1,588,242 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 1,588,242
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CITY
OF
INDEPENDENCE,
MISSOURI Budgetary Comparison Schedule
I-70 & Little Blue Parkway Project 3 TIF For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 382,156 382,156 326,483 (55,673) 85.43% 18.76% Investment Income (Loss) — — 2,947 2,947 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 382,156 382,156 329,430 (52,726) 86.20% 19.53% Expenditures: Tax Increment Financing — — — — 0.00% -66.67% Debt Service Principal 382,156 382,156 — 382,156 0.00% -66.67% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 382,156 382,156 — 382,156 0.00% -66.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 382,156 382,156 — 382,156 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 329,430 329,430 Unassigned Fund Balance at Beginning of Year 69,829 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Unassigned Ending Fund Balance, 02/28/21 399,259 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 399,259
56
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Marketplace Project 1 TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 97,731 97,731 88,100 (9,631) 90.15% 23.48% Investment Income (Loss) — — 28 28 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 97,731 97,731 88,128 (9,603) 90.17% 23.50% Expenditures: Tax Increment Financing 3,949 3,949 — 3,949 0.00% -66.67% Debt Service Principal 93,782 93,782 — 93,782 0.00% -66.67% Interest and Fiscal Agent Fees — — 90,000 (90,000) 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 97,731 97,731 90,000 7,731 92.09% 25.42% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 97,731 97,731 90,000 7,731 92.09% 25.42% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (1,872) (1,872) Unassigned Fund Balance at Beginning of Year 30,593 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 28,721 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 28,721
57
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Marketplace Project 2 TIF
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 35,447 35,447 99,334 63,887 280.23% 213.56% Investment Income (Loss) — — 27 27 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues 35,447 35,447 99,361 63,914 280.31% 213.64% Expenditures: Tax Increment Financing 35,447 35,447 812 34,635 2.29% -64.38% Debt Service Principal — — — — 0.00% -66.67% Interest and Fiscal Agent Fees — — 114,000 (114,000) 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures 35,447 35,447 114,812 (79,365) 323.90% 257.23% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% Total Other Financing Uses — — — — 0.00% -66.67% Total Expenditures and Other Financing Uses 35,447 35,447 114,812 (79,365) 323.90% 257.23% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (15,451) (15,451) Unassigned Fund Balance at Beginning of Year 38,028 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 22,577 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 22,577
58
For the Period Ended February 28, 2021
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ — — — — 0.00% -66.67% Investment Income (Loss) — — — — 0.00% -66.67% Other Revenue — — — — 0.00% -66.67% Total Revenues — — — — 0.00% -66.67% Expenditures: Tax Increment Financing — — 300 (300) 0.00% -66.67% Debt Service Principal — — — — 0.00% -66.67% Interest and Fiscal Agent Fees — — — — 0.00% -66.67% Debt Issuance Costs — — — — 0.00% -66.67% Total Expenditures — — 300 (300) 0.00% -66.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -66.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -66.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -66.67% Transfers Out — — — — 0.00% -66.67% — — — — Total Other Financing Uses — — — — 0.00% -66.67% — — — — Total Expenditures and Other Financing Uses — — 300 (300) 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (300) (300) Unassigned Fund Balance at Beginning of Year (24,174) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 02/28/21 (24,474) Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ (24,474)
TIF Application Fees
59
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule