Monthly Financial and Operating Report December 2022
Table of Contents General Fund 1 Sales Tax Funds Street Improvements Sales Tax Fund 2 Park Improvements Sales Tax Fund 3 Storm Water Sales Tax Fund 4 Police Public Safety Sales Tax Fund 5 Fire Protection Sales Tax Fund 6 Use Tax Funds Animal Shelter 7 Police 8 Property Tax Levy Funds Health Property Tax Levy 9 Parks and Recreation Property Tax Levy 10 Special Revenue Funds Tourism Fund 11 Independence Square Benefit District 12 Community Development Block Grant Fund 13 Rental Rehabilitation 14 License Surcharge 15 Grants 16 American Rescue Plan (ARP) 17 Enterprise Funds Power and Light 18 - 19 Water 20 - 21 Water Pollution Control 22 - 23 Events Center Debt Service 24 Internal Service Funds Central Garage 25 Staywell Health Care 26 Worker's Compensation 27 Risk Management 28 Finance & Support Services 29 Debt Service Fund Debt Service - Neighborhood Improvement Districts 30 Capital Improvement Funds Street Improvements Capital Project Fund 31 Revolving Public Improvements Capital Project Fund 32 Building and Other Improvements Capital Project Fund 33 Storm Drainage Capital Project Fund 34 Park Improvements Capital Project Fund 35 Private Purpose Expendable Trust Fund - Vaile Mansion 36 Independence Events Center CID 37 Crackerneck Creek TDD 38 Tax Increment Financing Summary 39 Santa Fe TIF 40 Hartman Heritage TIF 41 Drumm Farm TIF 42 Eastland TIF 43 North Independence 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 Supplemental Appropriation Fund 59
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule General Fund
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Real Estate Tax $ 5,903,000 5,903,000 5,684,562 (218,438) 96.30% 46.30% Sales Tax 20,635,000 20,635,000 10,758,274 (9,876,726) 52.14% 2.14% Use Tax 535,000 535,000 (535,000) 0.00% -50.00% Cigarette Tax 380,000 380,000 155,403 (224,597) 40.90% -9.10% Franchise Tax 8,344,000 8,344,000 2,415,718 (5,928,282) 28.95% -21.05% Licenses and Permits 4,410,950 4,410,950 2,396,818 (2,014,132) 54.34% 4.34% Intergovernmental 5,810,000 5,810,000 3,281,465 (2,528,535) 56.48% 6.48% Charges for Current Services 1,955,400 1,956,400 1,034,228 (922,172) 52.86% 2.86% Interfund Charges for Support Services 2,354,600 2,354,600 1,177,300 (1,177,300) 50.00% 0.00% Fines and Forfeitures 2,156,000 2,156,000 1,018,014 (1,137,986) 47.22% -2.78% Investment Income (Loss) 220,000 220,000 61,852 (158,148) 28.11% -21.89% Other Revenue 750,400 750,400 144,929 (605,471) 19.31% -30.69% Total Revenues 53,454,350 53,455,350 28,128,563 (25,326,787) 52.62% 2.62% Other Financing Sources: Payments In Lieu of Taxes 20,848,787 20,848,787 11,526,585 (9,322,202) 55.29% 5.29% Transfers In 0.00% -50.00% Operating Transfers In - American Rescue Plan 0.00% -50.00% Total Other Financing Sources 20,848,787 20,848,787 11,526,585 (9,322,202) 55.29% 5.29% Total Revenues and Other Financing Sources 74,303,137 74,304,137 39,655,148 (34,648,989) 53.37% 3.37% Expenditures: City Council 686,729 686,729 357,911 328,818 52.12% 2.12% City Clerk 266,577 332,702 285,023 47,679 85.67% 35.67% City Manager 1,101,987 1,101,987 477,848 624,139 43.36% -6.64% Municipal Court 1,687,121 1,687,121 779,499 907,622 46.20% -3.80% Law 182,663 182,663 82,900 99,763 45.38% -4.62% Finance 626,644 627,644 608,243 19,401 96.91% 46.91% Community Development 5,387,456 5,387,456 2,734,602 2,652,854 50.76% 0.76% Police 34,273,528 34,273,528 16,751,422 17,522,106 48.88% -1.12% Fire 23,811,497 23,811,497 13,085,257 10,726,240 54.95% 4.95% Municipal Services (Public Works) 5,972,696 5,972,696 2,686,809 3,285,887 44.98% -5.02% Parks and Recreation 296,239 296,239 119,982 176,257 40.50% -9.50% Contingencies 0.00% -50.00% Debt service 0.00% -50.00% Total Expenditures 74,293,137 74,360,262 37,969,496 36,390,766 51.06% 1.06% Other Financing Uses: Transfers Out 10,000 10,000 161,371 (151,371) 1613.71% 1563.71% Total Expenditures and Other Financing Uses 74,303,137 74,370,262 38,130,867 36,239,395 51.27% 1.27% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (66,125) 1,524,281 1,590,406 Unassigned Fund Balance at Beginning of Year 6,281,728 Cancellation of prior year encumbrances 25,330 Change in other fund balance components during the year (227,157) Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 7,604,182 Restricted 294,995 Committed 27,854 Assigned 1,906,458 Total Fund Balance $ 9,833,489
1
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Street
For
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 9,715,000 9,715,000 5,054,618 (4,660,382) 52.03% 2.03% Use Tax 268,000 268,000 (268,000) 0.00% -50.00% Charges for Services 0.00% -50.00% Intergovernmental Revenue 220,213 220,213 0.00% -50.00% Investment Income (Loss) 77,000 77,000 229,918 152,918 298.59% 248.59% Other Revenue 0.00% -50.00% Total Revenues 10,060,000 10,060,000 5,504,749 (4,555,251) 54.72% 4.72% Other Financing Sources: Transfers in 0.00% -50.00% Total other financing sources 0.00% -50.00% Total revenues and other financing sources 10,060,000 10,060,000 5,504,749 (4,555,251) 54.72% 4.72% Expenditures: General Government 0.00% -50.00% Street Maintenance 1,265,081 1,265,081 566,082 698,999 44.75% -5.25% Capital Outlay 6,556,836 15,693,615 137,215 15,556,400 0.87% -49.13% Debt Service 1,744,200 1,744,200 217,074 1,527,126 12.45% -37.55% Total Expenditures 9,566,117 18,702,896 920,371 17,782,525 4.92% -45.08% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 9,566,117 18,702,896 920,371 17,782,525 4.92% -45.08% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 493,883 (8,642,896) 4,584,378 13,227,274 Unassigned Fund Balance at Beginning of Year (101,812) Cancellation of Prior Year Encumbrances 33,125 Change in Other Fund Balance Components During the Year 113,165 Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 4,628,856 Fund Balance Components: Restricted - Current Year Encumbrances 262,716 Restricted - Prior Year Encumbrances 8,102,719 Restricted - Debt Reserve Project Accounts - Capital Projects 11,307,154 Total Fund Balance $ 24,301,445
Improvements Sales Tax Fund
the period ended December 31, 2022 2
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Sales Tax Fund For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 4,858,000 4,858,000 2,527,570 (2,330,430) 52.03% 2.03% Use Tax 134,000 134,000 (134,000) 0.00% -50.00% Charges for services 474,540 474,540 313,060 (161,480) 65.97% 15.97% Intergovernmental 88,500 88,500 26,383 (62,117) 29.81% -20.19% Investment Income (Loss) 59,180 59,180 28,782 (30,398) 48.63% -1.37% Other Revenue 7,500 7,500 24,179 16,679 322.39% 272.39% Total Revenues 5,621,720 5,621,720 2,919,974 (2,701,746) 51.94% 1.94% Other Financing Sources: Transfers In 0.00% -50.00% Transfers In - American Rescue Plan 0.00% -50.00% Proceeds from Bond Issuance/Capital Lease 0.00% -50.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 5,621,720 5,621,720 2,919,974 (2,701,746) 51.94% 1.94% Expenditures: Culture and Recreation 5,103,261 5,103,261 2,733,640 2,369,621 53.57% 3.57% Capital Outlay 993,000 1,875,283 483,499 1,391,784 25.78% -24.22% Debt Service 0.00% -50.00% Total Expenditures 6,096,261 6,978,544 3,217,139 3,761,405 46.10% -3.90% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 6,096,261 6,978,544 3,217,139 3,761,405 46.10% -3.90% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (474,541) (1,356,824) (297,165) 1,059,659 Unassigned Fund Balance at Beginning of Year 3,054,584 Cancellation of Prior Year Encumbrances 14,895 Change in Other Fund Balance Components During the Year 5,744 Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 2,778,058 Other Fund Balance Components: Restricted - Current Year Encumbrances 847,688 Restricted - Prior Year Encumbrances 44,822 Total Fund Balance $ 3,670,568
3
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Storm Water Sales Tax Fund
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 4,858,000 4,858,000 2,527,570 (2,330,430) 52.03% 2.03% Use Tax 134,000 134,000 (134,000) 0.00% -50.00% Intergovernmental 0.00% -50.00% Investment Income (loss) 164,000 164,000 119,064 (44,936) 72.60% 22.60% Other Revenue 7,900 16,685 16,432 (253) 98.48% 48.48% Total revenues 5,163,900 5,172,685 2,663,066 (2,509,619) 51.48% 1.48% Expenditures: Storm water Administration 233,009 233,009 143,317 89,692 61.51% 11.51% Maintenance 2,684,530 2,693,315 1,054,294 1,639,021 39.14% -10.86% Permit completion 318,000 318,000 305,200 12,800 95.97% 45.97% Capital outlay 1,500,000 4,352,865 280,844 4,072,021 6.45% -43.55% Total Expenditures 4,735,539 7,597,189 1,783,655 5,813,534 23.48% -26.52% Other financing uses: Transfers out 866 (866) 0.00% -50.00% Total other financing uses 866 (866) 0.00% -50.00% Total Ependitures and Other Financing Uses 4,735,539 7,597,189 1,784,521 5,812,668 23.49% -26.51% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 428,361 (2,424,504) 878,545 3,303,049 Unassigned Fund Balance at Beginning of Year 9,615,450 Cancellation of Prior Year Encumbrances 116,593 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 10,610,588 Other Fund Balance Components: Restricted - Current Year Encumbrances 523,444 Restricted - Prior Year Encumbrances 378,021 Restricted - Regional Detention Construction 120,524 Restricted - Regional Detention Maintenance 59,159 Restricted - Emergency Response Relief 500,000 Total Fund Balance $ 12,191,736
4
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Police Public Safety Sales Tax Fund
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 2,580,000 2,580,000 1,358,211 (1,221,789) 52.64% 2.64% Use Tax 67,000 67,000 (67,000) 0.00% -50.00% Investment Income (Loss) 35,000 35,000 24,602 (10,398) 70.29% 20.29% Other Revenue 7,600 7,600 73,850 66,250 971.71% 921.71% Total Revenues 2,689,600 2,689,600 1,456,663 (1,232,937) 54.16% 4.16% Expenditures: Public Safety Communications 522,200 522,200 384,345 137,855 73.60% 23.60% Facilities 105,200 105,200 61,196 44,004 58.17% 8.17% Equipment 1,743,700 1,743,700 1,396,102 347,598 80.07% 30.07% Debt Service 466 (466) 0.00% -50.00% Total Expenditures 2,371,100 2,371,100 1,842,109 528,991 77.69% 27.69% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 2,371,100 2,371,100 1,842,109 528,991 77.69% 27.69% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 318,500 318,500 (385,446) (703,946) Unassigned Fund Balance at Beginning of Year 2,435,627 Cancellation of Prior Year Encumbrances 11,803 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 2,061,984 Other Fund Balance Components: Restricted - Current Year Encumbrances 613,038 Restricted - Prior Year Encumbrances 46,128 Total Fund Balance $ 2,721,150
5
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 8,770,000 8,770,000 5,432,263 (3,337,737) 61.94% 11.94% Use Tax 268,000 268,000 (268,000) 0.00% -50.00% Investment Income (Loss) 29,000 29,000 35,483 6,483 122.36% 72.36% Other Revenue 6,000 6,000 2,310 (3,690) 38.50% -11.50% Total Revenues 9,073,000 9,073,000 5,470,056 (3,602,944) 60.29% 10.29% Expenditures: Public Safety 6,821,786 7,812,662 3,373,024 4,439,638 43.17% -6.83% Debt Service 73,300 73,300 73,300 0.00% -50.00% Total Expenditures 6,895,086 7,885,962 3,373,024 4,512,938 42.77% -7.23% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 6,895,086 7,885,962 3,373,024 4,512,938 42.77% -7.23% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 2,177,914 1,187,038 2,097,032 909,994 Unassigned Fund Balance at Beginning of Year 1,854,972 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 3,952,004 Other Fund Balance Components: Restricted - Current Year Encumbrances 1,206,036 Restricted - Prior Year Encumbrances 215,612 Total Fund Balance $ 5,373,652
Protection Sales Tax Fund For the period ended December 31, 2022 6
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Fire
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Animal Shelter Use Tax
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Use Tax $ 782,000 782,000 782,000 100.00% 50.00% Intergovernmental Revenue 0.00% -50.00% Investment Income (Loss) 3,000 3,000 6,767 3,767 225.57% 175.57% Other Revenue 0.00% -50.00% Total Revenues 785,000 785,000 788,767 3,767 100.48% 50.48% Expenditures: General Government 0.00% -50.00% Animal Services 769,213 769,213 335,412 433,801 43.60% -6.40% Capital Outlay 0.00% -50.00% Debt Service 0.00% -50.00% Total Expenditures 769,213 769,213 335,412 433,801 43.60% -6.40% Other Financing Uses: Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 769,213 769,213 335,412 433,801 43.60% -6.40% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 15,787 15,787 453,355 437,568 Unassigned Fund Balance at Beginning of Year 207,703 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 661,058 Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 661,058
7
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Police Use Tax
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Use Tax $ 4,100,000 4,100,000 2,876,355 (1,223,645) 70.16% 20.16% Investment Income (Loss) 59,000 59,000 55,672 (3,328) 94.36% 44.36% Other Revenue 0.00% -50.00% Total Revenues 4,159,000 4,159,000 2,932,027 (1,226,973) 70.50% 20.50% Expenditures: Public Safety 4,029,166 4,175,616 1,999,677 2,175,939 47.89% -2.11% Debt Service 0.00% -50.00% Total Expenditures 4,029,166 4,175,616 1,999,677 2,175,939 47.89% -2.11% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 4,029,166 4,175,616 1,999,677 2,175,939 47.89% -2.11% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 129,834 (16,616) 932,350 948,966 Unassigned Fund Balance at Beginning of Year 4,586,138 Cancellation of Prior Year Encumbrances 107,560 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 5,626,048 Other Fund Balance Components: Restricted - Current Year Encumbrances 317,084 Restricted - Prior Year Encumbrances 4,616 Total Fund Balance $ 5,947,748
8
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Health Property Tax Levy For the period ended December 31, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 881,500 881,500 856,450 (25,050) 97.16% 47.16% Charges for Services 154,500 154,500 85,206 (69,294) 55.15% 5.15% Licenses & Permits 392,238 392,238 305,728 (86,510) 77.94% 27.94% Investment Income (Loss) 3,731 3,731 4,787 1,056 128.30% 78.30% Other Revenue 14,000 14,000 4,398 (9,602) 31.41% -18.59% Total Revenues 1,445,969 1,445,969 1,256,569 (189,400) 86.90% 36.90% Other Financing Sources: Transfers In 0.00% -50.00% Transfers In - American Rescue Plan 300,000 300,000 300,000 100.00% 50.00% Total Other Financing Uses 300,000 300,000 300,000 100.00% 50.00% Total Revenues and Other Sources 1,745,969 1,745,969 1,556,569 (189,400) 89.15% 39.15% Expenditures: Animal Services 1,045,512 1,045,512 472,259 573,253 45.17% -4.83% Health Services 733,636 733,636 338,185 395,451 46.10% -3.90% Total Expenditures 1,779,148 1,779,148 810,444 968,704 45.55% -4.45% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 1,779,148 1,779,148 810,444 968,704 45.55% -4.45% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (333,179) (333,179) 746,125 1,079,304 Unassigned Fund Balance at Beginning of Year 164,970 Cancellation of Prior Year Encumbrances 752 Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 911,847 Other Fund Balance Components: Restricted - Current Year Encumbrances 11,792 Restricted - Prior Year Encumbrances Total Fund Balance $ 923,639
9
CITY OF INDEPENDENCE, MISSOURI
Comparison Schedule Parks and Recreation Property Tax Levy For the period ended December 31, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 1,876,775 1,876,775 1,819,955 (56,820) 96.97% 46.97% Intergovernmental 0.00% -50.00% Charges for Services 120,650 120,650 49,530 (71,120) 41.05% -8.95% Investment Income (Loss) 19,165 19,165 7,483 (11,682) 39.05% -10.95% Other Revenue 5,287 5,287 0.00% -50.00% Total Revenues 2,016,590 2,016,590 1,882,255 (134,335) 93.34% 43.34% Expenditures: Parks and Recreation 2,554,180 2,554,180 1,327,185 1,226,995 51.96% 1.96% Total Expenditures 2,554,180 2,554,180 1,327,185 1,226,995 51.96% 1.96% Other Financing Uses – Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 2,554,180 2,554,180 1,327,185 1,226,995 51.96% 1.96% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (537,590) (537,590) 555,070 1,092,660 Unassigned Fund Balance at Beginning of Year 581,332 Cancellation of Prior Year Encumbrances 444 Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 1,136,846 Other Fund Balance Components: Restricted - Current Year Encumbrances 87,775 Restricted - Prior Year Encumbrances Total Fund Balance $ 1,224,621 10
Budgetary
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Tourism Fund For the period ended December 31, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Transient Guest Taxes $ 1,975,000 1,975,000 1,233,886 (741,114) 62.48% 12.48% Charges for Services 32,000 32,000 13,046 (18,954) 40.77% -9.23% Investment Income (Loss) 25,050 25,050 20,728 (4,322) 82.75% 32.75% Other Revenue 12,050 12,050 5,546 (6,504) 46.02% -3.98% Total Revenues 2,044,100 2,044,100 1,273,206 (770,894) 62.29% 12.29% Other Financing Sources: Transfers In - American Resuce Plan 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Revenues and Other Sources 2,044,100 2,044,100 1,273,206 (770,894) 62.29% 12.29% Expenditures: Tourism 2,709,247 3,339,449 1,025,809 2,313,640 30.72% -19.28% Total Expenditures 2,709,247 3,339,449 1,025,809 2,313,640 30.72% -19.28% Other Financing Uses – Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 2,709,247 3,339,449 1,025,809 2,313,640 30.72% -19.28% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (665,147) (1,295,349) 247,397 1,542,746 Unassigned Fund Balance at Beginning of Year 1,178,234 Cancellation of Prior Year Encumbrances 478 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 1,426,109 Other Fund Balance Components: Restricted - Current Year Encumbrances 377,294 Restricted - Prior Year Encumbrances 60,537 Restricted - Operating Reserve 376,368 Total Fund Balance $ 2,240,308
11
Independence Square Benefit District For the period ended December 31, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 26,384 26,384 0.00% -50.00% Investment Income (Loss) 539 539 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 26,923 26,923 0.00% -50.00% Expenditures: Capital Outlay 423 (423) 0.00% -50.00% Total Expenditures 423 (423) 0.00% -50.00% Other Financing Uses – Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 423 (423) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 26,500 26,500 Unassigned Fund Balance at Beginning of Year 8,365 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 34,865 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 34,865 12
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Federal Grant - CDBG $ 800,000 800,000 290,473 (509,527) 36.31% -13.69% Other Revenue -50.00% Total Revenues 800,000 800,000 290,473 (509,527) 36.31% -13.69% Expenditures: CDBG Administration 160,000 160,000 86,200 73,800 53.88% 3.88% CDBG Expenditures 640,000 640,000 236,631 403,369 36.97% -13.03% Total Expenditures 800,000 800,000 322,831 477,169 40.35% -9.65% Other Financing Uses: Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Uses 800,000 800,000 322,831 477,169 40.35% -9.65% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (32,358) (32,358) Unassigned Fund Balance at Beginning of Year (367,215) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 (399,573) Other Fund Balance Components: Restricted - Current Year Encumbrances 126,933 Restricted - Prior Year Encumbrances 271,903 Total Fund Balance $ (737)
Schedule Community Development Block Grant Fund For the period ended December 31, 2022 13
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Rental Rehabilitation
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: HOME Program Grant $ 465,330 499,770 229,839 (269,931) 45.99% -4.01% Total Revenues 465,330 499,770 229,839 (269,931) 45.99% -4.01% Expenditures: HOME Administration 46,533 80,973 56,788 24,185 70.13% 20.13% Multi Family Housing 325,730 325,730 325,730 0.00% -50.00% Community Housing Development 93,067 93,067 93,067 0.00% -50.00% Total Expenditures 465,330 499,770 56,788 442,982 11.36% -38.64% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 173,051 173,051 Unassigned Fund Balance at Beginning of Year (270,135) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 (97,084) Other Fund Balance Components: Restricted - Current Year Encumbrances 20,440 Restricted - Prior Year Encumbrances 76,651 Total Fund Balance $ 7
14
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Licenses and Permits $ (2,334) (2,334) 0.00% -50.00% Investment Income (Loss) 21,000 21,000 12,314 (8,686) 58.64% 8.64% Other Revenue 0.00% -50.00% Total Revenues 21,000 21,000 9,980 (11,020) 47.52% -2.48% Expenditures: General Government 234 (234) 0.00% -50.00% Total expenditures 234 (234) 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 234 (234) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 21,000 21,000 9,746 (11,254) Unassigned Fund Balance at Beginning of Year 1,170,147 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/22 1,179,893 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 1,179,893
Comparison Schedule License Surcharge For the period ended December 31, 2022 15
Budgetary
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Grants For the period ended
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Intergovernmental $ 2,311,280 6,878,808 1,276,064 (5,602,744) 18.55% -31.45% Charges for Services 109,023 109,023 96,027 (12,996) 88.08% 38.08% Other Revenue 140,620 209 (140,411) 0.15% -49.85% Total Revenues 2,420,303 7,128,451 1,372,300 (5,756,151) 19.25% -30.75% Other financing sources: Transfers In 0.00% -50.00% Total other financing sources 0.00% -50.00% Total revenues and other financing sources 2,420,303 7,128,451 1,372,300 (5,756,151) 19.25% -30.75% Expenditures: Public Safety 640,270 2,751,513 969,426 1,782,087 35.23% -14.77% General Government 27,892 108,713 13,495 95,218 12.41% -37.59% Culture and Recreation 82,434 26,186 56,248 31.77% -18.23% Community Development 940,000 1,995,670 1,150,154 845,516 57.63% 7.63% Animal Services 9,769 9,769 0.00% -50.00% Health Services 465,497 1,614,144 222,458 1,391,686 13.78% -36.22% Total Expenditures 2,073,659 6,562,243 2,381,719 4,180,524 36.29% -13.71% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 2,073,659 6,562,243 2,381,719 4,180,524 36.29% -13.71% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 346,644 566,208 (1,009,419) (1,575,627) Unassigned Fund Balance at Beginning of Year (227,386) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year (5,744) Ending Unassigned Fund Balance, 12/31/22 (1,242,549) Other Fund Balance Components: Restricted - Current Year Encumbrances 753,939 Restricted - Prior Year Encumbrances 162,733 Total Fund Balance $ (325,877)
16
December 31, 2022
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule American Rescue Plan (ARP) For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Intergovernmental $ 9,557,038 9,557,038 4,587,813 (4,969,225) 48.00% -2.00% Charges for Services 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 9,557,038 9,557,038 4,587,813 (4,969,225) 48.00% -2.00% Other financing sources: Transfers in 0.00% -50.00% Total other financing sources 0.00% -50.00% Total revenues and other financing sources 9,557,038 9,557,038 4,587,813 (4,969,225) 48.00% -2.00% Expenditures: Personnel Services 110,000 110,000 16,095 93,905 14.63% -35.37% Other Services 1,112,038 1,112,038 299,570 812,468 26.94% -23.06% Supplies 0.00% -50.00% Capital Outlay 4,135,000 4,135,000 417,287 3,717,713 10.09% -39.91% Total Expenditures 5,357,038 5,357,038 732,952 4,624,086 13.68% -36.32% Other Financing Uses: Transfers Out - American Rescue Plan 4,200,000 4,200,000 4,200,000 100.00% 50.00% Total Other Financing Uses 4,200,000 4,200,000 4,200,000 100.00% 50.00% Total Expenditures and Other Financing Uses 9,557,038 9,557,038 4,932,952 4,624,086 51.62% 1.62% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (345,139) (345,139) Unassigned Fund Balance at Beginning of Year (228,013) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 (573,152) Other Fund Balance Components: Restricted - Current Year Encumbrances 450,433 Restricted - Prior Year Encumbrances 122,719 Total Fund Balance $
17
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Power and Light
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating Revenues: Charges for Services $ 131,606,000 131,606,000 76,376,006 (55,229,994) 58.03% 8.03% Penalties 1,000,000 1,000,000 820,110 (179,890) 82.01% 32.01% Connection Charges 33,000 33,000 3,347 (29,653) 10.14% -39.86% Miscellaneous 27,117 27,117 0.00% -50.00% Temporary Service 1,000 1,000 450 (550) 45.00% -5.00% Rental Income 276,000 276,000 340,886 64,886 123.51% 73.51% Transmission Wheeling 7,000,000 7,000,000 2,648,772 (4,351,228) 37.84% -12.16% Total Operating Revenues 139,916,000 139,916,000 80,216,688 (59,699,312) 57.33% 7.33% Operating Expenses: Personnel Services 30,189,037 30,189,037 13,977,733 16,211,304 46.30% -3.70% Other Services 26,956,585 26,956,585 20,480,261 6,476,324 75.97% 25.97% Supplies 55,603,355 55,603,355 33,121,698 22,481,657 59.57% 9.57% Capital Projects 5,305,000 14,368,213 3,743,613 10,624,600 26.05% -23.95% Capital Operating 1,400,225 1,400,225 437,226 962,999 31.23% -18.77% Debt Service 7,896,466 7,896,466 2,837,925 5,058,541 35.94% -14.06% Other Expenses 100,000 100,000 100,000 0.00% -50.00% Total Operating Expenses 127,450,668 136,513,881 74,598,456 61,915,425 54.65% 4.65% Nonoperating Revenues (Expenses): Investment Income 118,000 118,000 611,865 493,865 518.53% 468.53% Interfund Charges for Support Services 2,011,000 2,011,000 1,047,983 (963,017) 52.11% 2.11% Miscellaneous Revenue (Expense) 15,700 15,700 237,251 221,551 1511.15% 1461.15% Total Nonoperating Revenue (Expenses) 2,144,700 2,144,700 1,897,099 (247,601) 88.46% 38.46% 14,610,032 5,546,819 7,515,331 1,968,512 135.49% 85.49% Capital Contributions 0.00% -50.00% Transfers Out – Utility Payments In Lieu of Taxes (13,000,000) (13,000,000) (7,972,688) (5,027,312) 61.33% 11.33% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers (13,000,000) (13,000,000) (7,972,688) (5,027,312) 61.33% 11.33% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 1,610,032 (7,453,181) (457,357) 6,995,824 Beginning Available Resources 49,405,589 Prior Period Adjustment Year-End Investment Market Value Adjustment Ending Available Resources 48,948,232 Revenue Risk 5,300,000 Capital Reserve 3,000,000 Expense Risk 18,700,000 Working Capital 25,500,000 Targeted Reserve Level 52,500,000 Total Non-Restricted Resources Available $ (3,551,768) Income (Loss) Before Transfers
18
Power and Light - Open Capital Projects
As of December 31,
PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 200815 T&D Sys IMPROVEMENTS $ - 833,939.48 833,939.48 921.36 - 833,018.12 200824 Prod Plt MISC PROJECTS - 68,257.76 68,257.76 - - 68,257.76 200828 FIBER OPTIC PROGRAM - 198,999.72 198,999.72 38,923.75 104,510.76 55,565.21 201106 69 KV SUBSTATION FACILITIES - 321,078.50 321,078.50 26,893.81 56,592.75 237,591.94 201405 SUBSTATION SECURITY PROJECT - 235,149.64 235,149.64 30,534.00 - 204,615.64 201509 NEW BILLING Sys - 22,047.36 22,047.36 - - 22,047.36 201510 Sys OpS / DISPATCH - 44,634.77 44,634.77 35,030.50 - 9,604.27 201603 69 KV Trans LINE REBUIL - 1,356,365.47 1,356,365.47 659,291.75 7,757.00 689,316.72 201604 Sys OpS / UPS UPGRAD - 45,493.59 45,493.59 - - 45,493.59 201605 Sys OpS WORK AREA - 619,842.18 619,842.18 - - 619,842.18 201606 NEW FINANCIAL MANAGEMENT SYS - 200,000.00 200,000.00 - - 200,000.00 201702 Prod FACILITIES IMPROVE - 475,477.00 475,477.00 19,279.00 152,368.00 303,830.00 201703 BV GROUND WATER - 369,648.98 369,648.98 43,920.69 38,143.27 287,585.02 201706 SUBSTATION K SWITCHGEAR & - 963,211.67 963,211.67 205,962.46 757,058.75 190.46 201707 MASTER PLAN-FUTURE GENERATIO - 32,500.00 32,500.00 - - 32,500.00 201710 Mo CITY DIVESTITURE - 450,681.26 450,681.26 385,323.78 65,356.98 0.50 201804 SUBSTATION E SWITCHGEAR REPLACEMENT - 5,237,618.51 5,237,618.51 3,088,056.77 85,404.85 2,064,156.89 202004 Above Ground Fuel Storage Tanks - 41,800.00 41,800.00 - - 41,800.00 202101 Substation Fiber Optic Network - 913,263.62 913,263.62 17,925.00 75,078.73 820,259.89 202102 Traffic Controller Upgrades - 66,000.00 66,000.00 9,658.00 - 56,342.00 202103 Traffic Camera System Upgrades - 51,837.00 51,837.00 - - 51,837.00 202107 Motorola APX Radio Purchase Phase 2 - 67,716.89 67,716.89 - - 67,716.89 202108 Operations APC UPS Battery Replace - 110,000.00 110,000.00 - 10,300.00 99,700.00 202110 20MVAR Capacitor Bank Sub A - 520,726.57 520,726.57 163,065.05 203,460.73 154,200.79 202111 Transmission Pole Replacement Prog - 888,487.14 888,487.14 350,118.64 - 538,368.50 202201 Substation A Transformer T-9 Mtce - 180,000.00 180,000.00 - - 180,000.00 202204 Relay Test Set - 80,103.50 80,103.50 - 80,103.50202205 Desert Storm Switchgear Cabinets - 500,000.00 500,000.00 - - 500,000.00 202206 T & D Road Improvement Projects 500,000.00 - 500,000.00 - - 500,000.00 202208 Traffic Signal Detection Systems - 26,235.00 26,235.00 - - 26,235.00 202210 IPL Service Center PBX Upgrade to I - 85,000.00 85,000.00 - - 85,000.00 202211 H-5 Hot Gas Path Inspection - 1,170,634.91 1,170,634.91 313,241.25 931,237.66 (73,844.00) 202304 Controls Software Upgrade - 500,000.00 500,000.00 451,694.00 - 48,306.00 202305 PLSC Operations Area HVAC Upgrade - 100,000.00 100,000.00 - - 100,000.00 202306 Substation A Blockhouse Roof Repl 75,000.00 - 75,000.00 49,978.00 - 25,022.00 202307 Emergent Maintenance Production 500,000.00 - 500,000.00 - - 500,000.00 202308 Substn & Trans Upgrade &Replacement 400,000.00 - 400,000.00 8,165.00 4,603.29 387,231.71 202316 Construct 6 New Dist Feeders Sub S 450,000.00 - 450,000.00 120,101.00 - 329,899.00 202317 H5 Combustion Turbine Repair - 2,199,611.97 2,199,611.97 2,199,612.14 - (0.17) 9669 SERVICE CTR FACILITY IMPROVE. - 520,084.17 520,084.17 7,174.50 - 512,909.67 $ 1,925,000.00 19,496,446.66 21,421,446.66 8,224,870.45 2,571,976.27 10,624,599.94 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 14,368,213.33 $ 7,053,233.33 21,421,446.66 Less Expenditures 198,663.17 2,373,313.10 2,571,976.27 Less Encumbrances 3,544,950.22 4,679,920.23 8,224,870.45 Total Available 10,624,599.94 $ - 10,624,599.94
19
2022
CITY
OF
INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Water
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating Revenues: Charges for Services $ 32,165,000 32,165,000 18,059,051 (14,105,949) 56.15% 6.15% Penalties 100,000 100,000 178,541 78,541 178.54% 128.54% Connection/Disconnection Charges 12,000 12,000 11,378 (622) 94.82% 44.82% Miscellaneous 10,000 10,000 12,001 2,001 120.01% 70.01% Returned Check Charges 23,000 23,000 14,715 (8,285) 63.98% 13.98% Rental Income 85,000 85,000 84,198 (802) 99.06% 49.06% Meter Repairs 0.00% -50.00% Merchandising Jobbing 4,483 4,483 0.00% -50.00% Total Operating Revenues 32,395,000 32,395,000 18,364,367 (14,030,633) 56.69% 6.69% Operating expenses: Personnel Services 10,010,673 10,010,673 4,257,889 5,752,784 42.53% -7.47% Other Services 13,703,182 13,703,182 5,429,259 8,273,923 39.62% -10.38% Supplies 2,840,700 2,840,700 2,222,994 617,706 78.26% 28.26% Capital Projects 7,800,000 22,584,919 4,928,625 17,656,294 21.82% -28.18% Capital Operating 1,134,500 1,134,500 470,596 663,904 41.48% -8.52% Debt Service 2,526,400 2,526,400 2,173,994 352,406 86.05% 36.05% Other Expenses 50,000 50,000 50,000 0.00% -50.00% Total Operating Expenses 38,065,455 52,850,374 19,483,357 33,367,017 36.87% -13.13% Nonoperating Revenues (Expenses): Investment Income 657,138 657,138 554,249 (102,889) 84.34% 34.34% Interfund Charges for Support Services 3,300,500 3,300,500 1,679,609 (1,620,891) 50.89% 0.89% Miscellaneous Revenue (Expense) 16,700 16,700 30,841 14,141 184.68% 134.68% Total Nonoperating Revenue (Expenses) 3,974,338 3,974,338 2,264,699 (1,709,639) 56.98% 6.98% (1,696,117) (16,481,036) 1,145,709 17,626,745 -6.95% -56.95% Transfers Out – Utility Payments In Lieu of Taxes (2,941,000) (2,941,000) (1,745,296) (1,195,704) 59.34% 9.34% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers (2,941,000) (2,941,000) (1,745,296) (1,195,704) 59.34% 9.34% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (4,637,117) (19,422,036) (599,587) 18,822,449 Beginning Available Resources 48,655,139 Year-End Investment Market Value Adjustment Ending Available Resources 48,055,552 Revenue Risk 2,000,000 Capital Reserve 6,100,000 Expense Risk 700,000 Working Capital 5,600,000 Targeted Reserve Level 14,400,000 Total Non-Restricted Resources Available $ 33,655,552 Income (Loss) Before Transfers
20
Water - Open Capital Projects
As of December 31, 2022
PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 400708 TREATMENT Plt DISCHARGE $ - 300,000.00 300,000.00 86,656.89 11,343.11 202,000.00 400904 EAST INDEPENDENCE INDUST PARK - 674,000.00 674,000.00 - - 674,000.00 401003 FUTURE Prod WELLS 500,000.00 962,596.00 1,462,596.00 25.00 245.00 1,462,326.00 401301 23RD ST MAIN REPLACEMENT - 311,672.57 311,672.57 2,811.00 - 308,861.57 401402 LAGOON CLEANOUT - 24,559.00 24,559.00 15,000.00 34,059.00 (24,500.00) 401505 Dist Sys IMPROVE - 244,781.00 244,781.00 - - 244,781.00 401506 TRUMAN ROAD BOOSTER STATION - 106,569.52 106,569.52 - - 106,569.52 401601 FILTER BACKWASH OUTFALL - 190,325.00 190,325.00 - - 190,325.00 401602 Plt DISCHARGE OUTFALL - 459,824.48 459,824.48 - - 459,824.48 401605 COURTNEY BEND BASIN CATWALK - 10,020.00 10,020.00 - - 10,020.00 401608 LIME SILO - 4,249,256.24 4,249,256.24 3,854,756.84 15,977.00 378,522.40 401703 Maint BUILDING AT CBP - 200,000.00 200,000.00 - - 200,000.00 401704 VAN HORN RESERVOIR IMPROVE - (49,699.58) (49,699.58) - - (49,699.58) 401802 6" Main Replacement James Downey Rd - 250,087.60 250,087.60 - - 250,087.60 401804 Filter Valve House Roof Improvement - 97,292.00 97,292.00 - - 97,292.00 401808 VFD Drive Replacements HSP 2 & 4 - 230,967.00 230,967.00 - - 230,967.00 401818 30" Steel Transmission Main Assess - 156,300.00 156,300.00 - - 156,300.00 401821 Main Replacement-32nd/Hunter/Bird - 91,000.00 91,000.00 - - 91,000.00 401822 Main Replacement-24Hwy/Northern/RR - 240,166.00 240,166.00 - - 240,166.00 402002 39th Street Reservoir - 2,170,212.30 2,170,212.30 1,098,004.30 1,100.90 1,071,107.10 402004 Main Replace Walnut/Leslie/LeesSumm - 81,218.73 81,218.73 - - 81,218.73 402007 Courtney Bend Emergency Generator - 1,150,000.00 1,150,000.00 - - 1,150,000.00 402008 Wellfield Overhead Electrical Imp - 1,000,000.00 1,000,000.00 - - 1,000,000.00 402009 Main Replace Sheley/Claremont/Norw - 188,790.00 188,790.00 - - 188,790.00 402010 Main Replace Gudgell/Dodgion/KingsH - 697,170.77 697,170.77 139,110.77 454,927.50 103,132.50 402011 Main Replace Salisbury/Peck/Geospac - 1,179,100.00 1,179,100.00 897,570.31 152,429.69 129,100.00 402012 College Avenue Improvements - 250,000.00 250,000.00 - - 250,000.00 402101 Main Replacement Ralston 31st/29th - 364,255.00 364,255.00 329,948.30 2,398.20 31,908.50 402102 Main Replacement 3rd St & Jennings - 440,798.00 440,798.00 2,392.50 2,392.50 436,013.00 402103 Main Replacement Truman Road - 540,502.00 540,502.00 284,230.29 214,109.71 42,162.00 402104 Lime Slaker No 5 - 350,000.00 350,000.00 - - 350,000.00 402105 Main Replacement Sheley - 98,565.00 98,565.00 2,334.68 7,000.82 89,229.50 402106 Main Replacement Sheley & Northern - 1,017,766.50 1,017,766.50 533,171.72 25,456.28 459,138.50 402107 Facility Improvements/Const/Maint 1,500,000.00 250,000.00 1,750,000.00 89,984.50 10,015.50 1,650,000.00 402108 Basin Drive Improvements - 340,523.00 340,523.00 - - 340,523.00 402201 Roof Improvements - 250,000.00 250,000.00 32,260.00 237,240.00 (19,500.00) 402203 Lime Slaker No 1 - 350,000.00 350,000.00 - - 350,000.00 402207 CB Electrical Switchgear Improvemen - 200,000.00 200,000.00 - - 200,000.00 402301 IT Infrastructure Upgrade 150,000.00 - 150,000.00 129,203.75 - 20,796.25 402302 HSPS HVAC Improvements 250,000.00 - 250,000.00 - - 250,000.00 402303 Lime Silo Recoating 400,000.00 - 400,000.00 - - 400,000.00 9749 MAIN REPLACEMENT PROGRAM - 3,794,153.67 3,794,153.67 170,526.70 236,099.70 3,387,527.27 9952 SECURITY UPGRADES - 517,590.82 517,590.82 14,953.82 36,332.64 466,304.36 $ 2,800,000.00 23,980,362.62 26,780,362.62 7,682,941.37 1,441,127.55 17,656,293.70 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 22,584,918.85 $ 4,195,443.77 26,780,362.62 Less Expenditures 25,137.01 1,415,990.54 1,441,127.55 Less Encumbrances 4,903,488.14 2,779,453.23 7,682,941.37 Total Available 17,656,293.70 $ - 17,656,293.70
21
CITY OF INDEPENDENCE, MISSOURI Budgetary
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 35,821,585 35,821,585 18,047,065 (17,774,520) 50.38% 0.38% Penalties 200,000 200,000 133,172 (66,828) 66.59% 16.59% Total operating revenues 36,021,585 36,021,585 18,180,237 (17,841,348) 50.47% 0.47% Operating expenses: Personnel Services 7,144,986 7,144,986 3,044,675 4,100,311 42.61% -7.39% Other Services 15,594,591 15,594,591 7,061,694 8,532,897 45.28% -4.72% Supplies 1,285,100 1,285,100 554,226 730,874 43.13% -6.87% Capital Projects 1,750,000 14,137,113 369,631 13,767,482 2.61% -47.39% Capital Operating 593,000 593,000 222,158 370,842 37.46% -12.54% Debt Service 6,239,100 6,239,100 4,899,710 1,339,390 78.53% 28.53% Other Expenses 0.00% -50.00% Total Operating Expenses 32,606,777 44,993,890 16,152,094 28,841,796 35.90% -14.10% Nonoperating Revenues (Expenses): Investment Income 326,000 326,000 355,360 29,360 109.01% 59.01% Miscellaneous Revenue (Expense) 7,900 7,900 40,645 32,745 514.49% 464.49% Total Nonoperating Revenue (Expenses) 333,900 333,900 396,005 62,105 118.60% 68.60% 3,748,708 (8,638,405) 2,424,148 11,062,553 -28.06% -78.06% Transfers Out – Utility Payments In Lieu of Taxes (3,596,612) (3,596,612) (1,808,602) (1,788,010) 50.29% 0.29% Transfers In 10,000 10,000 10,000 100.00% 50.00% Transfers Out (866) 866 0.00% -50.00% Total Transfers (3,586,612) (3,586,612) (1,799,468) (1,787,144) 50.17% 0.17% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 162,096 (12,225,017) 624,680 12,849,697 Beginning Available Resources 31,326,433 Year-End Investment Market Value Adjustment Ending Available Resources 31,951,113 Revenue Risk 1,200,000 Capital Reserve 4,000,000 Expense Risk 700,000 Working Capital 6,800,000 Targeted Reserve Level 12,700,000 Total Non-Restricted Resources Available $ 19,251,113 Income (Loss) Before Transfers
Comparison Schedule Sanitary Sewer For the period ended December 31, 2022 22
Sanitary Sewer - Open Capital Projects
As of December 31, 2022
PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 300801 NEIGHBORHOOD PROJECTS $ - 476,466.48 476,466.48 - - 476,466.48 301201 BURR OAK EAST - 1,035,327.15 1,035,327.15 - - 1,035,327.15 301202 CRACKERNECK-VAN HOOK SEWER - 529,163.59 529,163.59 - - 529,163.59 301603 RCTP FACILITIES ROOF, CEILING - 170,925.00 170,925.00 - - 170,925.00 301701 SCADA UPGRADE - 139,743.08 139,743.08 60,549.33 - 79,193.75 301703 ARROWHEAD CENTER - 169,828.06 169,828.06 - - 169,828.06 301705 16TH/SCOTT - 357,362.29 357,362.29 - - 357,362.29 301706 TREATMENT FACILITY IMPROVEMENT - 369,539.84 369,539.84 4,682.20 60,171.64 304,686.00 301804 ROCK CREEK EFFLUENT STRUCTURE - 332,776.94 332,776.94 2,447.87 8,734.73 321,594.34 301806 Neighborhood Improvements 2018-19 - 683,781.95 683,781.95 - - 683,781.95 302002 Arlington Improvements - 100,000.00 100,000.00 - - 100,000.00 302003 Bison Park - 107,079.84 107,079.84 39,091.14 32,423.47 35,565.23 302004 Neighborhood Projects 2019-20 - 580,000.00 580,000.00 12,135.00 - 567,865.00 302005 Biosolids Handling - 2,397,533.81 2,397,533.81 477,138.05 850,774.90 1,069,620.86 302006 Raw Pumps & Screening - 900,000.00 900,000.00 15,723.30 304,997.29 579,279.41 302007 Electrical Substation Rehab - 158,690.00 158,690.00 29,351.00 - 129,339.00 302008 RCTP Fence - 143,950.24 143,950.24 - - 143,950.24 302009 Truman & Harris - 50,000.00 50,000.00 - - 50,000.00 302101 Sanitation Sewer Evaluation Survey - 106,982.83 106,982.83 21,301.63 - 85,681.20 302102 Raymond Harkless Mills San Imp - 200,000.00 200,000.00 - - 200,000.00 302103 Pump Station Imp & Maintenance - 568,240.98 568,240.98 - - 568,240.98 302104 Polymer System Relocation - 100,000.00 100,000.00 - - 100,000.00 302105 Piping Rehabilitation - 585,933.69 585,933.69 14,332.50 - 571,601.19 302201 Upper Adair Interceptor - 800,000.00 800,000.00 - - 800,000.00 302202 Crackerneck Creek Slope Rehab - 1,877,276.90 1,877,276.90 63,108.07 14,837.59 1,799,331.24 302203 Sanitary Sewer Main Reloc from Stre - 400,000.00 400,000.00 - - 400,000.00 302204 RCTP - Septic Pumper - 300,000.00 300,000.00 - - 300,000.00 302205 Clarifier Rehabilitation - 1,405,823.97 1,405,823.97 112,282.21 120,483.70 1,173,058.06 302206 Railing Safety RCPS & SCPS - 215,000.00 215,000.00 191,950.00 - 23,050.00 302301 Sludge Thickening Process Improve 400,000.00 - 400,000.00 - - 400,000.00 9757 TRENCHLESS TECHNOLOGY 100,000.00 995,405.40 1,095,405.40 325,282.50 73,247.82 696,875.08 $ 500,000.00 16,256,832.04 16,756,832.04 1,369,374.80 1,465,671.14 13,921,786.10 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 14,137,112.86 $ 2,619,719.18 16,756,832.04 Less Expenditures 133,887.40 1,331,783.74 1,465,671.14 Less Encumbrances 235,743.60 1,133,631.20 1,369,374.80 Total Available 13,767,481.86 $ 154,304.24 13,921,786.10
23
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Events Center Debt Service
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 0.00% -50.00% Miscellaneous 0.00% -50.00% Total operating revenues 0.00% -50.00% Operating Expenses: Personnel Services 0.00% -50.00% Other Services 0.00% -50.00% Supplies 0.00% -50.00% Capital Outlay 2,309,104 2,652,853 4,217,014 (1,564,161) 158.96% 108.96% Debt Service 5,648,400 5,648,400 1,171,684 4,476,716 20.74% -29.26% Other Expenses 0.00% -50.00% Total Operating Expenses 7,957,504 8,301,253 5,388,698 2,912,555 64.91% 14.91% Nonoperating Revenues (Expenses): Investment Income 6,200 6,200 87,185 80,985 1406.21% 1356.21% Miscellaneous Revenue (Expense) 0.00% -50.00% Sales Tax 2,400,000 2,400,000 809,021 (1,590,979) 33.71% -16.29% Total Nonoperating Revenue (Expenses) 2,406,200 2,406,200 896,206 (1,509,994) 37.25% -12.75% (5,551,304) (5,895,053) (4,492,492) 1,402,561 76.21% 26.21% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In 1,978,398 (1,978,398) 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 1,978,398 (1,978,398) 0.00% -50.00% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (5,551,304) (5,895,053) (2,514,094) 3,380,959 Beginning Available Resources (1,228,630) Less Prior Year Expenses Year-End Investment Market Value Adjustment Ending Available Resources $ (3,742,724) Income (Loss) Before Transfers
24
CITY
INDEPENDENCE, MISSOURI
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 2,693,100 2,693,100 1,542,217 (1,150,883) 57.27% 7.27% Miscellaneous 6,122 6,122 0.00% -50.00% Total Operating Revenues 2,693,100 2,693,100 1,548,339 (1,144,761) 57.49% 7.49% Operating Expenses: Personnel Services 905,367 905,367 368,263 537,104 40.68% -9.32% Other Services 996,700 996,700 889,064 107,636 89.20% 39.20% Supplies 998,500 998,500 971,213 27,287 97.27% 47.27% Capital Outlay 8,000 8,000 5,619 2,381 70.24% 20.24% Other Expenses 0.00% -50.00% Total Operating Expenses 2,908,567 2,908,567 2,234,159 674,408 76.81% 26.81% Nonoperating Revenues (Expenses): Investment Income 6,500 6,500 3,843 (2,657) 59.12% 9.12% Miscellaneous Revenue (Expense) 281,000 281,000 917 (280,083) 0.33% -49.67% Total Nonoperating Revenue (Expenses) 287,500 287,500 4,760 (282,740) 1.66% -48.34% 72,033 72,033 (681,060) (753,093) -945.48% -995.48% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ 72,033 72,033 (681,060) (753,093) Unassigned Fund Balance at Beginning of Year (1,903,375) Cancellation of Prior Year Encumbrances 25,268 Change in Other Fund Balance Components During the Year (5,848) GAAP Components - OPEB and LAGERS 2,263,980 Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/22 (301,035) Other Net Position Components: Assigned - Current Year Encumbrances 896,485 Assigned - Prior Year Encumbrances 34 Total Fund Balance $ 595,484 Income (Loss) Before Transfers
OF
Budgetary Comparison Schedule Central Garage
25
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Staywell Health Care
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 17,859,000 17,859,000 10,420,069 (7,438,931) 58.35% 8.35% Miscellaneous 0.00% -50.00% Total Operating Revenues 17,859,000 17,859,000 10,420,069 (7,438,931) 58.35% 8.35% Operating Expenses: Personnel Services 568,500 568,500 50,100 518,400 8.81% -41.19% Other Services 22,268,500 22,268,500 11,816,850 10,451,650 53.07% 3.07% Supplies 0.00% -50.00% Capital Outlay 0.00% -50.00% Other Expenses 0.00% -50.00% Total Operating Expenses 22,837,000 22,837,000 11,866,950 10,970,050 51.96% 1.96% Nonoperating Revenues (Expenses): Investment Income 1,000 1,000 72,995 71,995 7299.50% 7249.50% Miscellaneous Revenue (Expense) 1,077,000 1,077,000 821,959 (255,041) 76.32% 26.32% Total Nonoperating Revenue (Expenses) 1,078,000 1,078,000 894,954 (183,046) 83.02% 33.02% (3,900,000) (3,900,000) (551,927) 3,348,073 14.15% -35.85% Transfers In - American Rescue Plan 3,900,000 3,900,000 3,900,000 100.00% 50.00% Transfers Out 0.00% -50.00% Total Transfers 3,900,000 3,900,000 3,900,000 100.00% 50.00% Change In Net Position (Budget Basis) $ 3,348,073 3,348,073 Unassigned Fund Balance at Beginning of Year 1,129,211 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/22 4,477,284 Other Net Position Components: Assigned - Current Year Encumbrances 56,440 Assigned - Prior Year Encumbrances Total Fund Balance $ 4,533,724 Income (Loss) Before Transfers
26
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Workers' Compensation
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 4,450,900 4,450,900 2,225,452 (2,225,448) 50.00% 0.00% Miscellaneous 0.00% -50.00% Total Operating Revenues 4,450,900 4,450,900 2,225,452 (2,225,448) 50.00% 0.00% Operating Expenses: Personnel Services 3,265 (3,265) 0.00% -50.00% Other Services 4,558,654 4,558,654 1,833,934 2,724,720 40.23% -9.77% Supplies 0.00% -50.00% Capital Outlay 0.00% -50.00% Other Expenses 0.00% -50.00% Total Operating Expenses 4,558,654 4,558,654 1,837,199 2,721,455 40.30% -9.70% Nonoperating Revenues (Expenses): Investment Income 6,000 6,000 53,031 47,031 883.85% 833.85% Miscellaneous Revenue (Expense) 6,522 6,522 0.00% -50.00% Total Nonoperating Revenue (Expenses) 6,000 6,000 59,553 53,553 992.55% 942.55% (101,754) (101,754) 447,806 549,560 -440.09% -490.09% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ (101,754) (101,754) 447,806 549,560 Unassigned Fund Balance at Beginning of Year (6,396,207) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/22 (5,948,401) Other Net Position Components: Restricted - Work Comp Escrow Assigned - Current Year Encumbrances 101,513 Assigned - Prior Year Encumbrances 12,500 Total Fund Balance $ (5,834,388) Income (Loss) Before Transfers
27
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Risk
Management
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 3,196,000 3,196,000 1,472,150 (1,723,850) 46.06% -3.94% Miscellaneous 0.00% -50.00% Total Operating Revenues 3,196,000 3,196,000 1,472,150 (1,723,850) 46.06% -3.94% Operating Expenses: Personnel Services 3,265 (3,265) 0.00% -50.00% Other Services 2,936,292 2,936,292 1,285,389 1,650,903 43.78% -6.22% Supplies 2,000 2,000 2,000 0.00% -50.00% Capital Outlay 0.00% -50.00% Other Expenses 0.00% -50.00% Total Operating Expenses 2,938,292 2,938,292 1,288,654 1,649,638 43.86% -6.14% Nonoperating Revenues (Expenses): Investment Income 23,000 23,000 15,603 (7,397) 67.84% 17.84% Miscellaneous Revenue (Expense) 0.00% -50.00% Total Nonoperating Revenue (Expenses) 23,000 23,000 15,603 (7,397) 67.84% 17.84% 280,708 280,708 199,099 (81,609) 70.93% 20.93% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ 280,708 280,708 199,099 (81,609) Unassigned Fund Balance at Beginning of Year 1,752,742 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/22 1,951,841 Other Net Position Components: Assigned - Current Year Encumbrances 47,892 Assigned - Prior Year Encumbrances Total Fund Balance $ 1,999,733 Income (Loss) Before Transfers
28
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Finance & Support Services
For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Operating revenues: Charges for Services $ 10,506,740 10,506,740 5,253,370 (5,253,370) 50.00% 0.00% Miscellaneous 0.00% -50.00% Total Operating Revenues 10,506,740 10,506,740 5,253,370 (5,253,370) 50.00% 0.00% Operating Expenses: Personnel Services 5,843,572 5,747,572 2,371,192 3,376,380 41.26% -8.74% Other Services 4,446,414 4,542,414 2,558,139 1,984,275 56.32% 6.32% Supplies 29,900 29,900 15,921 13,979 53.25% 3.25% Capital Outlay 142,500 142,500 32,865 109,635 23.06% -26.94% Other Expenses 0.00% -50.00% Total Operating Expenses 10,462,386 10,462,386 4,978,117 5,484,269 47.58% -2.42% Nonoperating Revenues (Expenses): Investment Income 0.00% -50.00% Miscellaneous Revenue (Expense) 15,355 15,355 0.00% -50.00% Total Nonoperating Revenue (Expenses) 15,355 15,355 0.00% -50.00% 44,354 44,354 290,608 246,254 655.20% 605.20% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -50.00% Transfers In – CARES Act 0.00% -50.00% Transfers Out 0.00% -50.00% Total Transfers 0.00% -50.00% Change In Net Position (Budget Basis) $ 44,354 44,354 290,608 246,254 Unassigned Fund Balance at Beginning of Year 970,744 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year GAAP Components - OPEB and LAGERS 602,585 Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/22 1,863,937 Other Net Position Components: Assigned - Current Year Encumbrances 270,270 Assigned - Prior Year Encumbrances 2,921 Total Fund Balance $ 2,137,128 Income (Loss) Before Transfers
29
CITY OF INDEPENDENCE, MISSOURI Budgetary
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 9,289 9,289 6,193 (3,096) 66.67% 16.67% Investment Income (Loss) 1,640 1,640 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 9,289 9,289 7,833 (1,456) 84.33% 34.33% Expenditures: General Government 88 (88) 0.00% -50.00% Debt Service 10,200 10,200 588 9,612 5.76% -44.24% Total Expenditures 10,200 10,200 676 9,524 6.63% -43.37% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 10,200 10,200 676 9,524 6.63% -43.37% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (911) (911) 7,157 8,068 Unassigned Fund Balance at Beginning of Year 104,235 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/22 111,392 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 111,392
Comparison Schedule Debt Service - Neighborhood Improvement Districts For the period ended December 31, 2022 30
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 3,430 3,430 0.00% -50.00% Investment Income 835 835 0.00% -50.00% Intergovernmental 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 4,265 4,265 0.00% -50.00% Other Financing Sources: Transfers In 0.00% -50.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 4,265 4,265 0.00% -50.00% Expenditures: Public Works 15 (15) 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 184,552 9,150 175,402 4.96% -45.04% Total Expenditures 184,552 9,165 175,387 4.97% -45.03% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 184,552 9,165 175,387 4.97% -45.03% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (184,552) (4,900) 179,652 Unassigned Fund Balance at Beginning of Year (19,797) Cancellation of Prior Year Encumbrances Change to Prior Year Expenditure Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/22 (24,697) Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances 97,116 Total Fund Balance $ 72,419 Budgetary Comparison Schedule
OF
Street Improvements Capital Project Fund For the period ended December 31, 2022 31
CITY
INDEPENDENCE, MISSOURI
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Revolving Public Improvements Capital Project Fund For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income (Loss) 228 228 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 228 228 0.00% -50.00% Expenditures: Public Works 4 (4) 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 0.00% -50.00% Total Expenditures 4 (4) 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 4 (4) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 224 224 Unassigned Fund Balance at Beginning of Year 21,213 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/22 21,437 Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ 21,437
32
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Buildings and
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Intergovernmental 0.00% -50.00% Investment Income 373 373 0.00% -50.00% Other Revenue 0.00% -50.00% Total revenues 373 373 0.00% -50.00% Other Financing Sources: Transfers In 153,103 153,103 0.00% -50.00% Total Other Financing Sources 153,103 153,103 0.00% -50.00% Total Revenues and Other Financing Sources 153,476 153,476 0.00% -50.00% Expenditures: Public Works 9 (9) 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 231,511 107,964 123,547 46.63% -3.37% Total Expenditures 231,511 107,973 123,538 46.64% -3.36% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 231,511 107,973 123,538 46.64% -3.36% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (231,511) 45,503 277,014 Unassigned Fund Balance at Beginning of Year (164,886) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/22 (119,383) Other Fund Balance Components: Committed - Current Year Encumbrances 104,499 Committed - Prior Year Encumbrances 12,004 Total Fund Balance $ (2,880)
Other Improvements Capital Project
the period ended December 31, 2022 33
Fund For
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income 0.00% -50.00% Other Revenue 0.00% -50.00% Total revenues 0.00% -50.00% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ Unassigned Fund Balance at Beginning of Year (16,155) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/22 (16,155) Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ (16,155) CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Storm Drainage Capital Project Fund For the period ended December 31, 2022 34
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Capital Project Fund For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income (Loss) 340 340 0.00% -50.00% Other Revenue 0.00% -50.00% Total revenues 340 340 0.00% -50.00% Expenditures: Public Works 7 (7) 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 0.00% -50.00% Total Expenditures 7 (7) 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total expenditures and other financing uses 7 (7) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 333 333 Unassigned Fund Balance at Beginning of Year 30,881 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/22 31,214 Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ 31,214
35
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Charges for Services $ 0.00% -50.00% Investment Income 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 0.00% -50.00% Expenditures: Public Works 0.00% -50.00% Culture and Recreation 0.00% -50.00% Capital Outlay 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 0.00% -50.00% Excess of revenues over (under) expenditures and Other Financing Uses, Budget Basis $ Unassigned Net Position at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Net Position, 12/31/22 Other Net Position Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Net Position $ CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Private Purpose Expendable Trust Fund - Vaile Mansion For the period ended December 31, 2022 36
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence Events Center CID For the period ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales Taxes $ 8,470,843 8,470,843 3,616,185 (4,854,658) 42.69% -7.31% Investment Income 30,000 30,000 163,198 133,198 543.99% 493.99% Total Revenues 8,500,843 8,500,843 3,779,383 (4,721,460) 44.46% -5.54% Expenditures: Administrative Fee 169,417 169,417 72,324 97,093 42.69% -7.31% Insurance 4,750 4,750 4,750 0.00% -50.00% Legal 44,500 44,500 2,390 42,110 5.37% -44.63% Audit 5,500 5,500 5,500 100.00% 50.00% Banking 8,600 8,600 5,332 3,268 62.00% 12.00% Maintenance 100,000 100,000 100,000 0.00% -50.00% Capital Outlay 0.00% -50.00% Other 0.00% -50.00% Total Expenditures 332,767 332,767 85,546 247,221 25.71% -24.29% Other Financing Uses: Transfers Out - EATS 1,175,000 1,175,000 306,450 868,550 26.08% -23.92% Transfers Out - Debt Service (City) 4,202,213 4,202,213 502,571 3,699,642 11.96% -38.04% Transfers Out - Captial Projects 2,309,104 2,309,104 1,978,398 330,706 85.68% 35.68% Total Other Financing Uses 7,686,317 7,686,317 2,787,419 4,898,898 36.26% -13.74% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 481,759 481,759 906,418 424,659 Unassigned Fund Balance at Beginning of Year 10,439,449 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 11,345,867 Other Fund Balance Components: Restricted - current year encumbrances Restricted - prior year encumbrances 5,795 Total Fund Balance $ 11,351,662
37
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Sales taxes $ 240,479 240,479 0.00% -50.00% Investment income 3,539 3,539 0.00% -50.00% Total revenues 244,018 244,018 0.00% -50.00% Expenditures: Administrative fee 4,810 (4,810) 0.00% -50.00% Insurance 0.00% -50.00% Legal 1,250 (1,250) 0.00% -50.00% Audit 5,500 (5,500) 0.00% -50.00% Banking 266 (266) 0.00% -50.00% Contract services 0.00% -50.00% Capital outlay 0.00% -50.00% Other 0.00% -50.00% Total expenditures 11,826 (11,826) 0.00% -50.00% Other financing uses: Transfers out - EATS 120,239 (120,239) 0.00% -50.00% Transfers out - Debt Service (City) 0.00% -50.00% Total other financing uses 120,239 (120,239) 0.00% -50.00% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 111,953 111,953 Unassigned Fund Balance at Beginning of Year 190,339 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year (302) Unassigned Ending Fund Balance, 12/31/22 301,990 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - City Transportation 7,477 Total Fund Balance $ 309,467
Crackerneck Creek TDD For the period ended December 31, 2022 38
Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 13,592,169 13,592,169 0.00% -50.00% Investment Income (Loss) 274,350 267,973 0.00% -50.00% Other revenue 308,601 308,601 0.00% -50.00% Total Revenues 14,175,120 14,168,743 0.00% -50.00% Other Financing Sources: Transfers In 306,451 306,451 0.00% -50.00% Total Other Financing Sources 306,451 306,451 0.00% -50.00% Total Revenues and Other Financing Sources 14,481,571 14,475,194 0.00% -50.00% Expenditures: Tax Increment Financing 20,087 (19,973) 0.00% -50.00% Debt Service Principal 4,775,000 4,775,000 379,748 4,395,252 7.95% -42.05% Interest and Fiscal Agent Fees 4,356,100 4,356,100 2,439,115 1,916,985 55.99% 5.99% Debt Issuance Costs 0.00% -50.00% Total Expenditures 9,131,100 9,131,100 2,838,950 6,292,264 31.09% -18.91% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 306,451 (306,451) 0.00% -50.00% Total Other Financing Uses 306,451 (306,451) 0.00% -50.00% Total Expenditures and Other Financing Uses 9,131,100 9,131,100 3,145,401 5,985,813 34.45% -15.55% Excess of Revenues Over (Under) Expenditures and other financing uses $ (9,131,100) (9,131,100) 11,336,170 20,467,270 Unassigned Fund Balance at Beginning of Year 21,016,591 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 32,352,761 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 10,524,834 Total Fund Balance $ 42,877,595
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Tax Increment Financing Summary For the Period Ended December 31, 2022 39
CITY
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 34,205 34,205 0.00% -50.00% Investment Income (Loss) 980 980 0.00% -50.00% Other Revenue 64,103 64,103 0.00% -50.00% Total Revenues 99,288 99,288 0.00% -50.00% Other Financing Sources: Transfers In 0.00% -50.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 99,288 99,288 0.00% -50.00% Expenditures: Tax Increment Financing 0.00% -50.00% Debt Service Principal 210,000 210,000 105,000 105,000 50.00% 0.00% Interest and Fiscal Agent Fees 321,000 321,000 161,356 159,644 50.27% 0.27% Debt Issuance Costs 0.00% -50.00% Total Expenditures 531,000 531,000 266,356 264,644 50.16% 0.16% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 531,000 531,000 266,356 264,644 50.16% 0.16% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (531,000) (531,000) (167,068) 363,932 Unassigned Fund Balance at Beginning of Year (925,985) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 (1,093,053) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 483,752 Total Fund Balance $ (609,301)
Budgetary Comparison Schedule Santa Fe TIF
CITY OF INDEPENDENCE, MISSOURI
40
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Hartman Heritage TIF For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 149,813 149,813 0.00% -50.00% Investment Income (Loss) 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 149,813 149,813 0.00% -50.00% Other Financing Sources: Transfers In 0.00% -50.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 149,813 149,813 0.00% -50.00% Expenditures: Tax Increment Financing 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 149,813 149,813 Unassigned Fund Balance at Beginning of Year (2,693,942) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 (2,544,129) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ (2,544,129)
41
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Drumm Farm TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ (1,288) (1,288) 0.00% -50.00% Investment Income (Loss) 4 4 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues (1,284) (1,284) 0.00% -50.00% Expenditures: Tax Increment Financing (1,284) 1,284 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures (1,284) 1,284 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses (1,284) 1,284 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $
42
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Eastland TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 4,243,971 4,243,971 0.00% -50.00% Investment Income (Loss) 193,673 193,673 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 4,437,644 4,437,644 0.00% -50.00% Other Financing Sources: Transfers In 286,134 286,134 0.00% -50.00% Total Other Financing Sources 286,134 286,134 0.00% -50.00% Total Revenues and Other Financing Sources 4,723,778 4,723,778 0.00% -50.00% Expenditures: Tax Increment Financing 4,141 (4,141) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 4,141 (4,141) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 286,134 (286,134) 0.00% -50.00% Total Other Financing Uses 286,134 (286,134) 0.00% -50.00% Total Expenditures and Other Financing Uses 290,275 (290,275) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 4,433,503 4,433,503 Unassigned Fund Balance at Beginning of Year 17,258,732 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 21,692,235 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 392,126 Total Fund Balance $ 22,084,361
43
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 66,036 66,036 0.00% -50.00% Investment Income (Loss) 59 59 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 66,095 66,095 0.00% -50.00% Expenditures: Tax Increment Financing 1 (1) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 15,900 (15,900) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 15,901 (15,901) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 15,901 (15,901) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 50,194 50,194 Unassigned Fund Balance at Beginning of Year 10,110 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 60,304 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 60,304
44
Budgetary Comparison Schedule North Independence TIF For the Period Ended December 31, 2022
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Crackerneck Creek TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 1,029,895 1,029,895 0.00% -50.00% Investment Income (Loss) 39,059 39,059 0.00% -50.00% Other Revenue 244,498 244,498 0.00% -50.00% Total Revenues 1,313,452 1,313,452 0.00% -50.00% Other Financing Sources: Transfers In 0.00% -50.00% Total Other Financing Sources 0.00% -50.00% Total Revenues and Other Financing Sources 1,313,452 1,313,452 0.00% -50.00% Expenditures: Tax Increment Financing 1,188 (1,188) 0.00% -50.00% Debt Service Principal 2,260,000 2,260,000 2,260,000 0.00% -50.00% Interest and Fiscal Agent Fees 3,270,500 3,270,500 1,635,181 1,635,319 50.00% 0.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 5,530,500 5,530,500 1,636,369 3,894,131 29.59% -20.41% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 5,530,500 5,530,500 1,636,369 3,894,131 29.59% -20.41% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (5,530,500) (5,530,500) (322,917) 5,207,583 Unassigned Fund Balance at Beginning of Year 4,497,305 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 4,174,388 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 6,300,062 Total Fund Balance $ 10,474,450
45
CITY OF INDEPENDENCE, MISSOURI Budgetary
Old
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 745,160 745,160 0.00% -50.00% Investment Income (Loss) 1,452 1,452 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 746,612 746,612 0.00% -50.00% Expenditures: Tax Increment Financing 22 (22) 0.00% -50.00% Debt Service Principal 3,452 (3,452) 0.00% -50.00% Interest and Fiscal Agent Fees 11,148 (11,148) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 14,622 (14,622) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 14,622 (14,622) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 731,990 731,990 Unassigned Fund Balance at Beginning of Year 9,460 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 741,450 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 741,450
Comparison Schedule
Landfill
TIF
46
For the Period Ended December 31, 2022
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Trinity TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 399,499 399,499 0.00% -50.00% Investment Income (Loss) 619 619 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 400,118 400,118 0.00% -50.00% Other Financing Sources: Transfers In 16,772 16,772 0.00% -50.00% Total Other Financing Sources 16,772 16,772 0.00% -50.00% Total Revenues and Other Financing Sources 416,890 416,890 0.00% -50.00% Expenditures: Tax Increment Financing 11 (11) 0.00% -50.00% Debt Service Principal 57,920 (57,920) 0.00% -50.00% Interest and Fiscal Agent Fees 35,880 (35,880) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 93,811 (93,811) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 16,772 (16,772) 0.00% -50.00% Total Other Financing Uses 16,772 (16,772) 0.00% -50.00% Total Expenditures and Other Financing Uses 110,583 (110,583) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 306,307 306,307 Unassigned Fund Balance at Beginning of Year 54,616 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 360,923 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 360,923
47
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
HCA TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 4,190,508 4,190,508 0.00% -50.00% Investment Income (Loss) 7,408 7,408 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 4,197,916 4,197,916 0.00% -50.00% Other Financing Sources: Transfers In 3,545 3,545 0.00% -50.00% Total Other Financing Sources 3,545 3,545 0.00% -50.00% Total Revenues and Other Financing Sources 4,201,461 4,201,461 0.00% -50.00% Expenditures: Tax Increment Financing 542 (542) 0.00% -50.00% Debt Service Principal 2,305,000 2,305,000 2,305,000 0.00% -50.00% Interest and Fiscal Agent Fees 764,600 764,600 382,300 382,300 50.00% 0.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 3,069,600 3,069,600 382,842 2,686,758 12.47% -37.53% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 3,545 (3,545) 0.00% -50.00% Total Other Financing Uses 3,545 (3,545) 0.00% -50.00% Total Expenditures and Other Financing Uses 3,069,600 3,069,600 386,387 2,683,213 12.59% -37.41% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (3,069,600) (3,069,600) 3,815,074 6,884,674 Unassigned Fund Balance at Beginning of Year 940,378 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 4,755,452 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 3,348,894 Total Fund Balance $ 8,104,346
48
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Cinema East TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 179,939 179,939 0.00% -50.00% Investment Income (Loss) 253 253 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 180,192 180,192 0.00% -50.00% Expenditures: Tax Increment Financing 5 (5) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 67,150 (67,150) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 67,155 (67,155) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 67,155 (67,155) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 113,037 113,037 Unassigned Fund Balance at Beginning of Year 53,242 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 166,279 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 166,279
49
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 1 TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ (156,025) (156,025) 0.00% -50.00% Investment Income (Loss) 261 261 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues (155,764) (155,764) 0.00% -50.00% Expenditures: Tax Increment Financing 10 (10) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 10 (10) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 10 (10) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (155,774) (155,774) Unassigned Fund Balance at Beginning of Year 157,362 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 1,588 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,588
50
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 2 TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 8,939 8,939 0.00% -50.00% Investment Income (Loss) 24 24 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 8,963 8,963 0.00% -50.00% Expenditures: Tax Increment Financing 1 (1) 0.00% -50.00% Debt Service Principal 6,900 (6,900) 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 6,901 (6,901) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 6,901 (6,901) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 2,062 2,062 Unassigned Fund Balance at Beginning of Year 8,043 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 10,105 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 10,105
51
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 3 TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 11,863 11,863 0.00% -50.00% Investment Income (Loss) 57 57 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 11,920 11,920 0.00% -50.00% Expenditures: Tax Increment Financing 1 (1) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 1 (1) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 1 (1) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 11,919 11,919 Unassigned Fund Balance at Beginning of Year 7,890 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 19,809 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 19,809
52
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 4 TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 279,912 279,912 0.00% -50.00% Investment Income (Loss) 1,747 1,747 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 281,659 281,659 0.00% -50.00% Expenditures: Tax Increment Financing 30 (30) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 30 (30) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 30 (30) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 281,629 281,629 Unassigned Fund Balance at Beginning of Year 89,896 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 371,525 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 371,525
53
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 277,224 277,224 0.00% -50.00% Investment Income (Loss) 11,386 11,386 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 288,610 288,610 0.00% -50.00% Expenditures: Tax Increment Financing 14,744 (14,744) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 14,744 (14,744) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 14,744 (14,744) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 273,866 273,866 Unassigned Fund Balance at Beginning of Year 768,661 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 1,042,527 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,042,527
Budgetary Comparison Schedule Independence Square TIF For the Period Ended December 31, 2022 54
CITY OF INDEPENDENCE, MISSOURI
CITY
OF
INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
I-70 & Little Blue Parkway Project 1 TIF For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 1,698,494 1,698,494 0.00% -50.00% Investment Income (Loss) 9,082 9,082 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 1,707,576 1,707,576 0.00% -50.00% Expenditures: Tax Increment Financing 84 (84) 0.00% -50.00% Debt Service Principal 87,137 (87,137) 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 87,221 (87,221) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 87,221 (87,221) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,620,355 1,620,355 Unassigned Fund Balance at Beginning of Year 195,981 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 1,816,336 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,816,336
55
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
I-70 & Little Blue Parkway Project 3 TIF For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 267,509 267,509 0.00% -50.00% Investment Income (Loss) 1,223 1,223 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 268,732 268,732 0.00% -50.00% Expenditures: Tax Increment Financing 24 (24) 0.00% -50.00% Debt Service Principal 119,339 (119,339) 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 119,363 (119,363) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 119,363 (119,363) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 149,369 149,369 Unassigned Fund Balance at Beginning of Year 125,411 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/22 274,780 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 274,780
56
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Marketplace Project 1 TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 54,491 54,491 0.00% -50.00% Investment Income (Loss) 394 394 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 54,885 54,885 0.00% -50.00% Expenditures: Tax Increment Financing 7 (7) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 82,500 (82,500) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 82,507 (82,507) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 82,507 (82,507) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (27,622) (27,622) Unassigned Fund Balance at Beginning of Year 92,122 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 64,500 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 64,500
57
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Marketplace Project 2 TIF
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ 112,024 112,024 0.00% -50.00% Investment Income (Loss) 292 292 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 112,316 112,316 0.00% -50.00% Expenditures: Tax Increment Financing 446 (446) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 47,700 (47,700) 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 48,146 (48,146) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 48,146 (48,146) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 64,170 64,170 Unassigned Fund Balance at Beginning of Year 32,673 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 96,843 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 96,843
58
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
TIF Supplemental Appropriation Fund
For the Period Ended December 31, 2022
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 50.00% of Year Budget Revenues: Taxes $ Property tax RSO - Cargo Largo 3,430 3,430 0.00% -50.00% Hartman Heritage 76,019 76,019 0.00% -50.00% Drumm Farm 195,573 195,573 0.00% -50.00% Mt Washington 2,603 2,603 0.00% -50.00% 23rd & Noland - Project 1 65,622 65,622 0.00% -50.00% Sales tax RSO - Cargo Largo 135,852 135,852 0.00% -50.00% Drumm Farm 13,029 13,029 0.00% -50.00% Mt Washington 457 457 0.00% -50.00% 23rd & Noland - Project 1 6,330 6,330 0.00% -50.00% Investment Income (Loss) 6,377 6,377 0.00% -50.00% Other Revenue 0.00% -50.00% Total Revenues 505,292 505,292 0.00% -50.00% Expenditures: Tax Increment Financing 114 (114) 0.00% -50.00% Debt Service Principal 0.00% -50.00% Interest and Fiscal Agent Fees 0.00% -50.00% Debt Issuance Costs 0.00% -50.00% Total Expenditures 114 (114) 0.00% -50.00% Other Financing Uses: Issuance of Debt 0.00% -50.00% Reoffering Premium/Original Issue Discount 0.00% -50.00% Payment to Refund Loans Escrow Agent 0.00% -50.00% Transfers Out 0.00% -50.00% Total Other Financing Uses 0.00% -50.00% Total Expenditures and Other Financing Uses 114 (114) 0.00% -50.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 505,178 505,178 Unassigned Fund Balance at Beginning of Year 334,636 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/22 839,814 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 839,814
59