2022 Feb Monthly Report by cityofindepmo

MEMO

Date: MARCH 2022

To: Audit Finance Committee

From: Finance

FEBRUARY CITY‐WIDE TAX REVENUE

Real Estate Tax

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

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

Sales Tax

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

500,000.00 1,000,000.00 1,500,000.00 2,000,000.00 2,500,000.00 SALES TAX REVENUE ‐ GENERAL FUND 002 2019-20 2020-21 2021-22 15,000,000 16,000,000 17,533,711 17,745,438 18,295,167 13,238,305 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 18,000,000 20,000,000 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Annual Sales Tax Revenue General Fund 002 February 28, 2022

Use Tax

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

 Per Ordinance 19251 dated 08/16/21 and the passage of the special election held on November 2, 2021, the cap for Police Use Tax (Fund 018) has increase from $3,032,000 to $4,000,000 and allows for the police portion of the use tax to be utilized for all sworn police personnel and equipment.

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

Use Tax Monthly for 2021‐2022

Use Tax Annual Comparison For Years Ending 2020‐2022

Feb 2022 Year to Date Fund Collections Collections Animal Services Use $ - $ 762,750 Police Use $ 553,856 $ 3,037,940 General $ - $Street Sales $ - $Parks Sales $ - $Stormwater sales $ - $Police Sales $ - $Fire Sales $ - $$ 553,856 $ 3,800,690 0 100000 200000 300000 400000 500000 600000 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

2020 2021 2022 217,198 258,488 263,056 24,008 - - - - - -217,198 258,488 263,056 398,99 5 470,0 46 407,328 468,9 73 55 3,856100,000 200,000 300,000 400,000 500,000 600,000 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

010 Animal 018 Police

TRANSIENT GUEST TAX

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

 Use of funds are used for Historic site maintenance and Tourism sales and services. The February collections are trending higher than collections for February in 2020 and 2021.

Guest Tax By Month

Fiscal Years 2020, 2021 & YTD 2022

Guest Tax Annual Receipts Fiscal Years

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

2019-2020 2020-2021 2021-2022 1,963,550 1,991,864 1,938,962 1,967,003 1,554,582 1,321,757 1,417,684 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 2016 2017 2018 2019 2020 2021 2022

2016 ‐ YTD 2022

FUND BALANCE

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

o General Fund – 16% of annual operating revenues.

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

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

 The following page shows the fund balance calculation for February 28, 2022.

o The General Fund, Fire Protection Sales Tax and Power and Light funds are below their targets.

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

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

 Power and Light, Water, and Water Pollution Control cash reserve have been updated and are based on the June 30,2021 audited financials.

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

Fund February 28 Balance Policy Basis of Calculation Actual % 5% Policy 16% Policy Over (Under) General 9,789,694 16% of operating expenditures 78,017,743 13% - 12,482,839 (2,693,145) $ Street Sales Tax 2,792,404 Between 5% and 16% of Revenues 9,035,391 31% - 1,445,663 1,346,741 Park Improvement 2,708,709 Between 5% and 16% of Revenues 5,037,657 54% - 806,025 1,902,684 Storm Water 9,224,785 Between 5% and 16% of Revenues 4,637,032 199% - 741,925 8,482,860 Police Public Safety Sales Tax 1,957,924 5% of Annual Revenues 2,459,201 80% 122,960 - 1,834,964 Fire Protection Sales Tax 237,858 Between 5% and 16% of Revenues 2,271,486 10% - 363,438 (125,580) Animal Shelter Use Tax 492,257 Between 5% and 16% of Revenues 762,750 65% - 122,040 370,217 Police Use Tax 4,913,661 Between 5% and 16% of Revenues 3,039,000 162% - 486,240.00 4,427,421 Health Property Tax 612,905 Between 5% and 16% of Revenues 1,386,432 44% - 221,829.12 391,076 Parks and Rec Property Tax 1,134,127 Between 5% and 16% of Revenues 2,146,831 53% - 343,493 790,634 Tourism 1,195,902 Between 5% and 16% of Revenues 1,683,926 71% - 269,428.16 926,474 Power and Light 48,414,729 Risk Based Calculation 52,500,000 - - - (4,085,271) Water 45,867,563 Risk Based Calculation 14,400,000 0% - - 31,467,563 Water Pollution Control 33,332,271 Risk Based Calculation 12,700,000 - - - 20,632,271

Policy For the period ended February 28, 2022

CITY OF INDEPENDENCE, MISSOURI Reserve Balance per

Capital Improvement Program 2022‐2027

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

ITEMS OF NOTE for FEBRUARY 2022 General Fund

The actual year-to-date General Fund revenues and other financing sources, through February 28th, compared to the amended budget are 73.76%, and actual expenditures and other financing uses are 64.92%. These percentages are in line with the cumulative total trend of 66.67% (February is month 8 and 8 divided by 12 = 66.67%). The attached summary reports reflect the February year-to-date actual revenues and expenditures compared to total budget.

There are a couple of revenue streams that are trending significantly below the 66.67%.

 Cigarette Tax is at 58.35%.

 Fines and Forfeitures are at 35.24%.

Real Estate taxes are at 99.77% because the billings are booked annually when the County issues the tax bills, and then revenues are updated on a monthly basis for tax adjustments.

The American Rescue Plan (ARP) funds of $3,122,000 have been transferred to the General Fund for loss of revenue. Without the ARP funds the revenues and other financing sources would be at 69.61%.

There are a couple of departments where expenditures are trending above the 66.67%.

 City Clerk is at 83.95% - this is due to payments for election costs in October and February that utilized 100% of the budget for this line item.

 Fire is at 70.27% - this is mainly due to over-time and minimum staffing and encumbrances being entered at the start of the year that cover the entire fiscal year or multiple future months.

UTILITY FUND NOTES Power and Light

The actual year-to-date Power and Light operating revenues, through February 28, 2022, compared to the amended budget are 67.95%. Operating expenditures are 61.71%. This percentage is compared to the cumulative total trend of 66.67% (February is month 8 and 8 divided by 12 = 66.67%). Total Transfers are at 72.00% which includes Payments in Lieu of taxes for the month of February. The attached summary reports reflect the February 2022 year-to-date actual revenues and expenditures compared to total budget.

Water

The actual year-to-date Water operating revenues, through February 28, 2022, compared to the amended budget are 67.55%. Operating expenditures are 36.60%. This percentage is compared to the cumulative total trend of 66.67% (February is month 8 and 8 divided by 12 = 66.67%). Total Transfers are at 67.26% which includes Payments in Lieu of taxes for the month of February. The attached summary reports reflect the February 2022 year-to-date actual revenues and expenditures compared to total budget.

Sanitary Sewer

The actual year-to-date Sanitary Sewer operating revenues, through February 28, 2022, compared to the amended budget are 68.78%. Operating expenditures are 34.41%. This percentage is compared to the cumulative total trend of 66.67% (February is month 8 and 8 divided by 12 = 66.67%). Total Transfers are at 65.99% which includes Payments in Lieu of taxes for the month of February. The attached summary reports reflect the February 2022 year-to-date actual revenues and expenditures compared to total budget.

Monthly Financial and Operating Report February 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 Enterprise Resource Planning 29 Debt Service Fund Debt Service - Neighborhood Improvement Districts 30 Capital Improvement Funds Street Improvements Capital Project Fund 31 Revolving Public Improvements Capital Project Fund 32 Building and Other Improvements Capital Project Fund 33 Storm Drainage Capital Project Fund 34 Park Improvements Capital Project Fund 35 Private Purpose Expendable Trust Fund - Vaile Mansion 36 Independence Events Center CID 37 Crackerneck Creek TDD 38 Tax Increment Financing Summary 39 Mid-Town Truman Rd TIF 40 Santa Fe TIF 41 Hartman Heritage TIF 42 Drumm Farm TIF 43 Eastland TIF 44 North Independence TIF 45 Mt Washington TIF 46 Crackerneck Creek TIF 47 Old Landfill TIF 48 Trinity TIF 49 HCA TIF 50 Cinema East TIF 51 23rd & Noland Project 1 TIF 52 23rd & Noland Project 2 TIF 53 23rd & Noland Project 3 TIF 54 23th & Noland Project 4 TIF 55 Independence Square TIF 56 I-70 & Little Blue Parkway Project 1 TIF 57 I-70 & Little Blue Parkway Project 3 TIF 58 Marketplace Project 1 TIF 59 Marketplace Project 2 TIF 60 TIF Application Fees 61 TIF Supplemental Appropriation Fund 62

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Real Estate Tax $ 5,732,000 5,732,000 5,718,953 (13,047) 99.77% 33.10% Sales Tax 18,617,431 18,617,431 13,238,305 (5,379,126) 71.11% 4.44% Use Tax 448,000 277,000 (277,000) 0.00% -66.67% Cigarette Tax 420,000 420,000 245,079 (174,921) 58.35% -8.32% Franchise Tax 8,171,990 8,171,990 5,128,301 (3,043,689) 62.75% -3.92% Licenses and Permits 4,043,350 3,991,500 3,063,548 (927,952) 76.75% 10.08% Intergovernmental 5,330,000 5,330,000 3,752,734 (1,577,266) 70.41% 3.74% Charges for Current Services 1,915,000 1,908,000 1,186,578 (721,422) 62.19% -4.48% Interfund Charges for Support Services 5,035,500 5,035,500 3,357,000 (1,678,500) 66.67% 0.00% Fines and Forfeitures 3,710,000 3,710,000 1,307,524 (2,402,476) 35.24% -31.43% Investment Income (Loss) 194,000 194,000 103,200 (90,800) 53.20% -13.47% Other Revenue 541,894 677,963 927,098 249,135 136.75% 70.08% Total Revenues 54,159,165 54,065,384 38,028,320 (16,037,064) 70.34% 3.67% Other Financing Sources: Payments In Lieu of Taxes 20,696,578 20,696,578 13,889,365 (6,807,213) 67.11% 0.44% Transfers In 407,000 407,000 100.00% 33.33% Operating Transfers In - American Rescue Plan 3,122,000 3,122,000 0.00% -66.67% Total Other Financing Sources 20,696,578 21,103,578 17,418,365 (3,685,213) 82.54% 15.87% Total Revenues and Other Financing Sources 74,855,743 75,168,962 55,446,685 (19,722,277) 73.76% 7.09% Expenditures: City Council 711,350 711,350 410,089 301,261 57.65% -9.02% City Clerk 325,744 619,044 519,661 99,383 83.95% 17.28% City Manager 1,185,232 1,185,232 747,102 438,130 63.03% -3.64% Municipal Court 1,264,139 1,225,139 712,041 513,098 58.12% -8.55% Law 611,371 771,371 490,996 280,375 63.65% -3.02% Finance 6,264,935 6,303,935 4,285,937 2,017,998 67.99% 1.32% Community Development 4,576,184 4,777,484 2,736,553 2,040,931 57.28% -9.39% Police 33,155,226 33,562,226 20,858,377 12,703,849 62.15% -4.52% Fire 23,852,022 23,884,422 16,784,373 7,100,049 70.27% 3.60% Health 2,941 (2,941) 0.00% -66.67% Municipal Services (Public Works) 5,995,281 5,987,082 3,753,092 2,233,990 62.69% -3.98% Parks and Recreation 167,799 92,985 74,814 55.41% -11.26% Contingencies 17,028 17,028 17,028 0.00% -66.67% Debt service 59,231 0.00% -66.67% Total Expenditures 78,017,743 79,212,112 51,394,147 27,817,965 64.88% -1.79% Other Financing Uses: Transfers Out 10,000 10,000 35,000 (25,000) 350.00% 283.33% Total Expenditures and Other Financing Uses 78,027,743 79,222,112 51,429,147 27,792,965 64.92% -1.75% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (3,172,000) (4,053,150) 4,017,538 8,070,688 Unassigned Fund Balance at Beginning of Year 5,708,549 Cancellation of prior year encumbrances 55,615 Change in other fund balance components during the year 7,992 Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 9,789,694 Restricted 113,948 Committed 13,183 Assigned 1,173,091 Total Fund Balance $ 11,089,916

Budgetary Comparison Schedule General Fund For the period ended February 28, 2022 1

CITY OF INDEPENDENCE, MISSOURI

CITY

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 8,770,391 8,770,391 6,227,704 (2,542,687) 71.01% 4.34% Use Tax 224,000 138,000 (138,000) 0.00% -66.67% Charges for Services 0.00% -66.67% Intergovernmental Revenue 0.00% -66.67% Investment Income (Loss) 41,000 77,000 53,426 (23,574) 69.38% 2.71% Other Revenue 0.00% -66.67% Total Revenues 9,035,391 8,985,391 6,281,130 (2,704,261) 69.90% 3.23% Other Financing Sources: Transfers in 0.00% -66.67% Total other financing sources 0.00% -66.67% Total revenues and other financing sources 9,035,391 8,985,391 6,281,130 (2,704,261) 69.90% 3.23% Expenditures: General Government 0.00% -66.67% Street Maintenance 1,166,177 1,166,177 772,217 393,960 66.22% -0.45% Capital Outlay 6,486,836 22,952,225 5,609,749 17,342,476 24.44% -42.23% Debt Service 474,576 474,576 217,074 257,502 45.74% -20.93% Total Expenditures 8,127,589 24,592,978 6,599,040 17,993,938 26.83% -39.84% Other Financing Uses: Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 8,127,589 24,592,978 6,599,040 17,993,938 26.83% -39.84% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 907,802 (15,607,587) (317,910) 15,289,677 Unassigned Fund Balance at Beginning of Year 1,885,478 Cancellation of Prior Year Encumbrances 44,933 Change in Other Fund Balance Components During the Year 1,179,903 Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 2,792,404 Fund Balance Components: Restricted - Current Year Encumbrances 4,100,661 Restricted - Prior Year Encumbrances 2,187,399 Restricted - Debt Reserve Project Accounts - Capital Projects 12,659,689 Total Fund Balance $ 21,740,153

Improvements Sales Tax Fund

the period ended February 28, 2022 2

OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Street

For

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Sales Tax Fund For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 4,385,212 4,385,212 3,113,856 (1,271,356) 71.01% 4.34% Use Tax 112,000 69,000 (69,000) 0.00% -66.67% Charges for services 519,752 519,752 238,859 (280,893) 45.96% -20.71% Intergovernmental 0.00% -66.67% Investment Income (Loss) 18,180 40,000 27,261 (12,739) 68.15% 1.48% Other Revenue 2,513 2,513 8,795 6,282 349.98% 283.31% Total Revenues 5,037,657 5,016,477 3,388,771 (1,627,706) 67.55% 0.88% Other Financing Sources: Transfers In 240,092 240,092 (240,092) 0.00% -66.67% Transfers In - American Rescue Plan 1,617,285 1,617,285 0.00% -66.67% Proceeds from Bond Issuance/Capital Lease 0.00% -66.67% Total Other Financing Sources 240,092 240,092 1,617,285 1,377,193 673.61% 606.94% Total Revenues and Other Financing Sources 5,277,749 5,256,569 5,006,056 (250,513) 95.23% 28.56% Expenditures: Culture and Recreation 4,373,935 4,373,935 2,676,861 1,697,074 61.20% -5.47% Capital Outlay 506,000 1,394,608 166,594 1,228,014 11.95% -54.72% Debt Service 207,215 207,215 53,139 154,076 25.64% -41.03% Total Expenditures 5,087,150 5,975,758 2,896,594 3,079,164 48.47% -18.20% Other Financing Uses: Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 5,087,150 5,975,758 2,896,594 3,079,164 48.47% -18.20% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 190,599 (719,189) 2,109,462 2,828,651 Unassigned Fund Balance at Beginning of Year 599,247 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 2,708,709 Other Fund Balance Components: Restricted - Current Year Encumbrances 439,811 Restricted - Prior Year Encumbrances 50,521 Total Fund Balance $ 3,199,041

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Storm Water Sales Tax Fund

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 4,385,212 4,385,212 3,113,856 (1,271,356) 71.01% 4.34% Use Tax 112,000 69,000 (69,000) -66.67% Investment Income (loss) 132,000 164,000 113,317 (50,683) 69.10% 2.43% Other Revenue 7,820 7,820 31,689 23,869 405.23% 338.56% Total revenues 4,637,032 4,626,032 3,258,862 (1,367,170) 70.45% 3.78% Expenditures: Storm water Administration 272,856 272,856 150,651 122,205 55.21% -11.46% Maintenance 2,381,657 2,767,657 1,670,104 1,097,553 60.34% -6.33% Permit completion 318,000 318,000 300,100 17,900 94.37% 27.70% Capital outlay 1,760,000 5,010,306 1,635,710 3,374,596 32.65% -34.02% Total Expenditures 4,732,513 8,368,819 3,756,565 4,612,254 44.89% -21.78% Total Ependitures and Other Financing Uses 4,732,513 8,368,819 3,756,565 4,612,254 Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (95,481) (3,742,787) (497,703) 3,245,084 Unassigned Fund Balance at Beginning of Year 9,476,507 Cancellation of Prior Year Encumbrances 245,981 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 9,224,785 Other Fund Balance Components: Restricted - Current Year Encumbrances 845,151 Restricted - Prior Year Encumbrances 29,725 Restricted - Regional Detention Construction 18,759 Restricted - Regional Detention Maintenance 40,311 Restricted - Emergency Response Relief 500,000 Total Fund Balance $ 10,658,731

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Police Public Safety Sales Tax Fund For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 2,358,694 2,358,694 1,670,268 (688,426) 70.81% 4.14% Use Tax 56,000 35,000 (35,000) 0.00% -66.67% Investment Income (Loss) 37,000 37,000 24,246 (12,754) 65.53% -1.14% Other Revenue 7,507 7,507 40,365 32,858 537.70% 471.03% Total Revenues 2,459,201 2,438,201 1,734,879 (703,322) 71.15% 4.48% Expenditures: Public Safety Communications 675,922 675,922 591,387 84,535 87.49% 20.82% Facilities 104,500 104,500 80,326 24,174 76.87% 10.20% Equipment 1,924,697 1,924,697 1,382,715 541,982 71.84% 5.17% Debt Service 0.00% -66.67% Total Expenditures 2,705,119 2,705,119 2,054,428 650,691 75.95% 9.28% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 2,705,119 2,705,119 2,054,428 650,691 75.95% 9.28% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (245,918) (266,918) (319,549) (52,631) Unassigned Fund Balance at Beginning of Year 2,277,473 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 1,957,924 Other Fund Balance Components: Restricted - Current Year Encumbrances 767,576 Restricted - Prior Year Encumbrances 75,192 Total Fund Balance $ 2,800,692

CITY OF INDEPENDENCE, MISSOURI Budgetary

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 2,192,486 2,192,486 1,556,939 (635,547) 71.01% 4.34% Use Tax 56,000 35,000 (35,000) 0.00% -66.67% Investment Income (Loss) 17,000 29,000 19,585 (9,415) 67.53% 0.86% Other Revenue 6,000 6,000 28,970 22,970 482.83% 416.16% Total Revenues 2,271,486 2,262,486 1,605,494 (656,992) 70.96% 4.29% Expenditures: Public Safety 2,763,693 2,763,693 1,975,599 788,094 71.48% 4.81% Debt Service 73,236 73,236 73,235 1 100.00% 33.33% Total Expenditures 2,836,929 2,836,929 2,048,834 788,095 72.22% 5.55% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 2,836,929 2,836,929 2,048,834 788,095 72.22% 5.55% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (565,443) (574,443) (443,340) 131,103 Unassigned Fund Balance at Beginning of Year 678,965 Cancellation of Prior Year Encumbrances 2,233 Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 237,858 Other Fund Balance Components: Restricted - Current Year Encumbrances 419,495 Restricted - Prior Year Encumbrances 1,347,974 Total Fund Balance $ 2,005,327

Comparison Schedule Fire Protection Sales Tax Fund For the period ended February 28, 2022 6

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Animal Shelter Use Tax

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Use Tax $ 762,750 762,750 762,750 100.00% 33.33% Intergovernmental Revenue 0.00% -66.67% Investment Income (Loss) 3,000 1,953 (1,047) 65.10% -1.57% Other Revenue 0.00% -66.67% Total Revenues 762,750 765,750 764,703 (1,047) 99.86% 33.19% Expenditures: General Government -66.67% Animal Services 728,545 728,545 427,006 301,539 58.61% -8.06% Capital Outlay 0.00% -66.67% Debt Service 0.00% -66.67% Total Expenditures 728,545 728,545 427,006 301,539 58.61% -8.06% Other Financing Uses: Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 728,545 728,545 427,006 301,539 58.61% -8.06% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 34,205 37,205 337,697 300,492 Unassigned Fund Balance at Beginning of Year 153,123 Cancellation of Prior Year Encumbrances 1,437 Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 492,257 Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 492,257

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Police Use Tax

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Use Tax $ 3,032,000 4,000,000 3,037,940 (962,060) 75.95% 9.28% Investment Income (Loss) 7,000 59,000 40,822 (18,178) 69.19% 2.52% Other Revenue 0.00% -66.67% Total Revenues 3,039,000 4,059,000 3,078,762 (980,238) 75.85% 9.18% Expenditures: Public Safety 2,258,155 2,819,155 1,304,593 1,514,562 46.28% -20.39% Debt Service 0.00% -66.67% Total Expenditures 2,258,155 2,819,155 1,304,593 1,514,562 46.28% -20.39% Other Financing Uses: Transfers Out/Capital Outlay 407,000 407,000 100.00% 33.33% Total Other Financing Uses 407,000 407,000 100.00% 33.33% Total Expenditures and Other Financing Uses 2,258,155 3,226,155 1,711,593 1,514,562 53.05% -13.62% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 780,845 832,845 1,367,169 534,324 Unassigned Fund Balance at Beginning of Year 3,546,492 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 4,913,661 Other Fund Balance Components: Restricted - Current Year Encumbrances 493,346 Restricted - Prior Year Encumbrances Total Fund Balance $ 5,407,007

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule Health Property Tax Levy For the period ended February 28, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 870,000 870,000 861,583 (8,417) 99.03% 32.36% Charges for Services 150,000 162,331 92,070 (70,261) 56.72% -9.95% Licenses & Permits 366,432 418,282 339,225 (79,057) 81.10% 14.43% Investment Income (Loss) 3,461 3,461 0.00% -66.67% Other Revenue 4,636 4,636 0.00% -66.67% Total Revenues 1,386,432 1,450,613 1,300,975 (149,638) 89.68% 23.01% Other Financing Sources: Transfers In 25,000 25,000 100.00% 33.33% Transfers In - American Rescue Plan 300,000 300,000 0.00% -66.67% Total Other Financing Uses 25,000 325,000 300,000 1300.00% 1233.33% Total Revenues and Other Sources 1,386,432 1,475,613 1,625,975 150,362 110.19% 43.52% Expenditures: Animal Services 884,518 889,849 606,968 282,881 68.21% 1.54% Health Services 778,674 803,674 458,943 344,731 57.11% -9.56% Total Expenditures 1,663,192 1,693,523 1,065,911 627,612 62.94% -3.73% Other Financing Uses: Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Uses 1,663,192 1,693,523 1,065,911 627,612 62.94% -3.73% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (276,760) (242,910) 560,064 802,974 Unassigned Fund Balance at Beginning of Year 52,841 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 612,905 Other Fund Balance Components: Restricted - Current Year Encumbrances 8,508 Restricted - Prior Year Encumbrances 920 Total Fund Balance $ 622,333

CITY OF INDEPENDENCE, MISSOURI

Comparison Schedule Parks and Recreation Property Tax Levy For the period ended February 28, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,850,000 1,850,000 1,830,864 (19,136) 98.97% 32.30% Intergovernmental 65,985 65,985 33,410 (32,575) 50.63% -16.04% Charges for Services 230,746 230,746 119,661 (111,085) 51.86% -14.81% Investment Income (Loss) 100 9,000 11,017 2,017 122.41% 55.74% Other Revenue 38,096 38,096 0.00% -66.67% Total Revenues 2,146,831 2,155,731 2,033,048 (122,683) 94.31% 27.64% Expenditures: Parks and Recreation 2,099,104 2,223,679 1,315,493 908,186 59.16% -7.51% Total Expenditures 2,099,104 2,223,679 1,315,493 908,186 59.16% -7.51% Other Financing Uses – Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Uses 2,099,104 2,223,679 1,315,493 908,186 59.16% -7.51% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 47,727 (67,948) 717,555 785,503 Unassigned Fund Balance at Beginning of Year 410,588 Cancellation of Prior Year Encumbrances 5,984 Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 1,134,127 Other Fund Balance Components: Restricted - Current Year Encumbrances 6,279 Restricted - Prior Year Encumbrances 172 Total Fund Balance $ 1,140,578 10

Budgetary

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule Tourism Fund For the period ended February 28, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Transient Guest Taxes $ 1,652,283 1,652,283 1,412,704 (239,579) 85.50% 18.83% Charges for Services 30,000 7,969 (22,031) 26.56% -40.11% Investment Income (Loss) 26,593 26,593 14,775 (11,818) 55.56% -11.11% Other Revenue 5,050 5,050 4,845 (205) 95.94% 29.27% Total Revenues 1,683,926 1,713,926 1,440,293 (273,633) 84.03% 17.36% Other Financing Sources: Transfers In - American Resuce Plan 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Revenues and Other Sources 1,683,926 1,713,926 1,440,293 (273,633) 84.03% 17.36% Expenditures: Tourism 2,550,789 2,617,529 996,860 1,620,669 38.08% -28.59% Total Expenditures 2,550,789 2,617,529 996,860 1,620,669 38.08% -28.59% Other Financing Uses – Transfers Out 240,092 240,092 240,092 0.00% -66.67% Total Other Financing Uses 240,092 240,092 240,092 0.00% -66.67% Total Expenditures and Other Uses 2,790,881 2,857,621 996,860 1,860,761 34.88% -31.79% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (1,106,955) (1,143,695) 443,433 1,587,128 Unassigned Fund Balance at Beginning of Year 752,469 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 1,195,902 Other Fund Balance Components: Restricted - Current Year Encumbrances 169,461 Restricted - Prior Year Encumbrances 19,854 Restricted - Operating Reserve 376,368 Total Fund Balance $ 1,761,585

Comparison Schedule Independence Square Benefit District For the period ended February 28, 2022 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 26,375 26,375 0.00% -66.67% Investment Income (Loss) 1,027 1,027 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 27,402 27,402 0.00% -66.67% Expenditures: Capital Outlay 422 (422) 0.00% -66.67% Total Expenditures 422 (422) 0.00% -66.67% Other Financing Uses – Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Uses 422 (422) 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 26,980 26,980 Unassigned Fund Balance at Beginning of Year 7,663 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 34,643 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 34,643 12

CITY OF INDEPENDENCE, MISSOURI Budgetary

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Federal Grant - CDBG $ 1,605,692 1,605,692 799,088 (806,604) 49.77% -16.90% Other Revenue -66.67% Total Revenues 1,605,692 1,605,692 799,088 (806,604) 49.77% -16.90% Expenditures: CDBG Administration 166,173 166,173 104,069 62,104 62.63% -4.04% CDBG Expenditures 1,455,527 1,455,527 984,813 470,714 67.66% 0.99% Total Expenditures 1,621,700 1,621,700 1,088,882 532,818 67.14% 0.47% Other Financing Uses: Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Uses 1,621,700 1,621,700 1,088,882 532,818 67.14% 0.47% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (16,008) (16,008) (289,794) (273,786) Unassigned Fund Balance at Beginning of Year (96,680) Cancellation of Prior Year Encumbrances 28,467 Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 (358,007) Other Fund Balance Components: Restricted - Current Year Encumbrances 309,711 Restricted - Prior Year Encumbrances 47,584 Total Fund Balance $ (712)

Schedule Community Development Block Grant Fund For the period ended February 28, 2022 13

Comparison

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Rental Rehabilitation

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: HOME Program Grant $ 482,477 482,477 251,020 (231,457) 52.03% -14.64% Total Revenues 482,477 482,477 251,020 (231,457) 52.03% -14.64% Expenditures: HOME Administration 63,607 63,607 42,419 21,188 66.69% 0.02% Multi Family Housing 359,759 359,759 359,759 0.00% -66.67% Community Housing Development 102,788 102,788 102,788 0.00% -66.67% Total Expenditures 526,154 526,154 42,419 483,735 8.06% -58.61% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (43,677) (43,677) 208,601 252,278 Unassigned Fund Balance at Beginning of Year (401,485) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 (192,884) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances 192,888 Total Fund Balance $ 4

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Licenses and Permits $ (6,219) (6,219) 0.00% -66.67% Investment Income (Loss) 17,000 21,000 13,984 (7,016) 66.59% -0.08% Other Revenue 0.00% -66.67% Total Revenues 17,000 21,000 7,765 (13,235) 36.98% -29.69% Expenditures: General Government 0.00% -66.67% Total expenditures 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay 45,743 (45,743) 0.00% -66.67% Total Other Financing Uses 45,743 (45,743) 0.00% -66.67% Total Expenditures and Other Financing Uses 45,743 (45,743) 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 17,000 21,000 (37,978) (58,978) Unassigned Fund Balance at Beginning of Year 1,251,500 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 02/28/22 1,213,522 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 1,213,522

Schedule License Surcharge For the period ended February 28, 2022 15

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Grants

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Intergovernmental $ 1,343,409 5,544,385 1,683,162 (3,861,223) 30.36% -36.31% Charges for Services 105,103 214,126 121,240 (92,886) 56.62% -10.05% Other Revenue 63,885 302 (63,583) 0.47% -66.20% Total Revenues 1,448,512 5,822,396 1,804,704 (4,017,692) 31.00% -35.67% Other financing sources: Transfers In 0.00% -66.67% Total other financing sources 0.00% -66.67% Total revenues and other financing sources 1,448,512 5,822,396 1,804,704 (4,017,692) 31.00% -35.67% Expenditures: Public Safety 422,758 2,812,066 1,316,997 1,495,069 46.83% -19.84% General Government 138,063 247,282 17,657 229,625 7.14% -59.53% Culture and Recreation 72,876 80,664 (7,788) 110.69% 44.02% Community Development 500,000 1,372,607 2,299,205 (926,598) 167.51% 100.84% Animal Services 8,506 687 7,819 8.08% -58.59% Health Services 375,721 1,100,416 201,855 898,561 18.34% -48.33% Total Expenditures 1,436,542 5,613,753 3,917,065 1,696,688 69.78% 3.11% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 1,436,542 5,613,753 3,917,065 1,696,688 69.78% 3.11% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 11,970 208,643 (2,112,361) (2,321,004) Unassigned Fund Balance at Beginning of Year (338,049) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 (2,450,410) Other Fund Balance Components: Restricted - Current Year Encumbrances 1,826,844 Restricted - Prior Year Encumbrances 247,469 Total Fund Balance $ (376,097)

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule American Rescue Plan (ARP) For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Intergovernmental $ 9,297,547 9,297,547 0.00% -66.67% Charges for Services 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 9,297,547 9,297,547 0.00% -66.67% Other financing sources: Transfers in 0.00% -66.67% Total other financing sources 0.00% -66.67% Total revenues and other financing sources 9,297,547 9,297,547 0.00% -66.67% Expenditures: Personnel Services 1,475,434 (1,475,434) 0.00% -66.67% Other Services 268,825 (268,825) 0.00% -66.67% Supplies 241,564 (241,564) 0.00% -66.67% Capital Outlay 193,769 (193,769) 0.00% -66.67% Total Expenditures 2,179,592 (2,179,592) 0.00% -66.67% Other Financing Uses: Transfers Out - American Rescue Plan 7,389,285 (7,389,285) 0.00% -66.67% Total Other Financing Uses 7,389,285 (7,389,285) 0.00% -66.67% Total Expenditures and Other Financing Uses 9,568,877 (9,568,877) 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (271,330) (271,330) Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 (271,330) Other Fund Balance Components: Restricted - Current Year Encumbrances 271,330 Restricted - Prior Year Encumbrances Total Fund Balance $

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Power and Light

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating Revenues: Charges for Services $ 130,609,070 130,609,070 89,108,485 (41,500,585) 68.23% 1.56% Penalties 1,106,786 1,106,786 788,812 (317,974) 71.27% 4.60% Connection Charges 280,151 280,151 19,200 (260,951) 6.85% -59.82% Miscellaneous 31,901 31,901 0.00% -66.67% Temporary Service 1,600 1,600 0.00% -66.67% Rental Income 340,239 340,239 90,724 (249,515) 26.66% -40.01% Transmission Wheeling 5,000,000 5,000,000 3,280,900 (1,719,100) 65.62% -1.05% Total Operating Revenues 137,336,246 137,336,246 93,321,622 (44,014,624) 67.95% 1.28% Operating Expenses: Personnel Services 29,687,152 29,693,152 19,118,091 10,575,061 64.39% -2.28% Other Services 27,329,604 27,726,815 18,233,270 9,493,545 65.76% -0.91% Supplies 60,402,130 60,400,130 38,640,507 21,759,623 63.97% -2.70% Capital Projects 6,003,956 11,609,690 4,345,302 7,264,388 37.43% -29.24% Capital Operating 1,617,600 1,619,600 201,445 1,418,155 12.44% -54.23% Debt Service 9,992,712 9,992,712 6,663,562 3,329,150 66.68% 0.01% Other Expenses 275,000 275,000 275,000 0.00% -66.67% Total Operating Expenses 135,308,154 141,317,099 87,202,177 54,114,922 61.71% -4.96% Nonoperating Revenues (Expenses): Investment Income 202,902 120,902 83,805 (37,097) 69.32% 2.65% Interfund Charges for Support Services 1,828,147 1,828,147 1,172,694 (655,453) 64.15% -2.52% Miscellaneous Revenue (Expense) 715,639 715,639 549,987 (165,652) 76.85% 10.18% Total Nonoperating Revenue (Expenses) 2,746,688 2,664,688 1,806,486 (858,202) 67.79% 1.12% 4,774,780 (1,316,165) 7,925,931 9,242,096 -602.20% -668.87% Capital Contributions 0.00% -66.67% Transfers Out – Utility Payments In Lieu of Taxes (13,000,000) (13,000,000) (9,360,465) (3,639,535) 72.00% 5.33% Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers (13,000,000) (13,000,000) (9,360,465) (3,639,535) 72.00% 5.33% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (8,225,220) (14,316,165) (1,434,534) 12,881,631 Beginning Available Resources 49,849,263 Ending Available Resources 48,414,729 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 $ (4,085,271) Income (Loss) Before Transfers

Power and Light - Open Capital Projects

As of February 28, 2022

PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 200815 T&D Sys IMPROVEMENTS $ 250,000.00 641,486.08 891,486.08 84,444.46 223,920.00 583,121.62 200824 Prod Plt MISC PROJECTS - 68,257.76 68,257.76 - - 68,257.76 200828 FIBER OPTIC PROGRAM 105,956.00 93,394.03 199,350.03 70,815.70 76,967.48 51,566.85 201106 69 KV SUBSTATION FACILITIES 300,000.00 138,222.55 438,222.55 26,850.85 - 411,371.70 201405 SUBSTATION SECURITY PROJECT - 259,644.39 259,644.39 - 24,494.75 235,149.64 201509 NEW BILLING Sys - 22,047.36 22,047.36 - - 22,047.36 201510 Sys OpS / DISPATCH - 44,634.77 44,634.77 35,122.10 - 9,512.67 201603 69 KV Trans LINE REBUIL 800,000.00 1,348,663.48 2,148,663.48 2,027,329.09 233,010.40 (111,676.01) 201604 Sys OpS / UPS UPGRAD - 45,493.59 45,493.59 - - 45,493.59 201605 Sys OpS WORK AREA - 619,842.18 619,842.18 - - 619,842.18 201606 NEW FINANCIAL MANAGEMENT SYS - 200,000.00 200,000.00 - - 200,000.00 201702 Prod FACILITIES IMPROVE - 586,830.00 586,830.00 - - 586,830.00 201703 BV GROUND WATER - 445,491.07 445,491.07 103,715.72 54,190.33 287,585.02 201706 SUBSTATION K SWITCHGEAR & - 4,006,011.31 4,006,011.31 2,877,637.11 912,846.45 215,527.75 201707 MASTER PLAN-FUTURE GENERATIO - 32,500.00 32,500.00 - - 32,500.00 201710 Mo CITY DIVESTITURE - 530,640.70 530,640.70 487,025.96 43,614.24 0.50 201804 SUBSTATION E SWITCHGEAR REPLACEMENT 950,000.00 2,543,308.28 3,493,308.28 1,511,235.80 415,144.15 1,566,928.33 202004 Above Ground Fuel Storage Tanks - 41,800.00 41,800.00 - - 41,800.00 202005 Blue Valley - Eckles Rd 161kV Trans - (41,604.90) (41,604.90) - - (41,604.90) 202101 Substation Fiber Optic Network 750,000.00 125,000.00 875,000.00 - 36,736.38 838,263.62 202102 Traffic Controller Upgrades 60,000.00 (4,000.00) 56,000.00 - - 56,000.00 202103 Traffic Camera System Upgrades 20,000.00 11,837.00 31,837.00 - - 31,837.00 202107 Motorola APX Radio Purchase Phase 2 70,000.00 1,706.82 71,706.82 - 3,989.93 67,716.89 202109 Substation Modeling 100,000.00 150,000.00 250,000.00 - - 250,000.00 202110 20MVAR Capacitor Bank Sub A - 800,000.00 800,000.00 144,457.67 101,998.35 553,543.98 202111 Transmission Pole Replacement Prog 300,000.00 100,000.00 400,000.00 31,252.30 - 368,747.70 202201 Substation A Transformer T-9 Mtce 180,000.00 - 180,000.00 - - 180,000.00 202204 Relay Test Set 80,000.00 - 80,000.00 - - 80,000.00 202205 Desert Storm Switchgear Cabinets 250,000.00 - 250,000.00 - - 250,000.00 202208 Traffic Signal Detection Systems 50,000.00 - 50,000.00 39,140.00 - 10,860.00 202210 IPL Service Center PBX Upgrade to I 70,000.00 - 70,000.00 - - 70,000.00 202211 H-5 Hot Gas Path Inspection 1,518,000.00 - 1,518,000.00 1,776,673.31 82,030.69 (340,704.00) 9669 SERVICE CTR FACILITY IMPROVE 150,000.00 220,084.17 370,084.17 7,174.50 - 362,909.67 $ 6,003,956.00 13,031,290.64 19,035,246.64 9,222,874.57 2,208,943.15 7,603,428.92 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 11,609,689.70 $ 7,425,556.94 19,035,246.64 Less Expenditures 279,392.14 1,929,551.01 2,208,943.15 Less Encumbrances 4,065,909.93 5,156,964.64 9,222,874.57 Total Available 7,264,387.63 $ 339,041.29 7,603,428.92

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Water

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating Revenues: Charges for Services $ 32,720,000 32,720,000 21,985,606 (10,734,394) 67.19% 0.52% Penalties 120,000 120,000 155,193 35,193 129.33% 62.66% Connection/Disconnection Charges 12,000 12,000 10,181 (1,819) 84.84% 18.17% Miscellaneous 1,000 1,000 11,660 10,660 1166.00% 1099.33% Returned Check Charges 23,000 23,000 17,460 (5,540) 75.91% 9.24% Rental Income 85,000 85,000 55,170 (29,830) 64.91% -1.76% Meter Repairs 0.00% -66.67% Merchandising Jobbing 29,469 29,469 0.00% -66.67% Total Operating Revenues 32,961,000 32,961,000 22,264,739 (10,696,261) 67.55% 0.88% Operating expenses: Personnel Services 9,507,888 9,561,542 5,613,454 3,948,088 58.71% -7.96% Other Services 13,356,698 13,266,370 5,787,364 7,479,006 43.62% -23.05% Supplies 2,466,330 2,466,330 2,026,116 440,214 82.15% 15.48% Capital Projects 6,420,000 20,075,896 1,729,022 18,346,874 8.61% -58.06% Capital Operating 1,072,318 1,162,646 574,438 588,208 49.41% -17.26% Debt Service 2,523,363 2,523,363 2,270,158 253,205 89.97% 23.30% Other Expenses 125,000 125,000 925 124,075 0.74% -65.93% Total Operating Expenses 35,471,597 49,181,147 18,001,477 31,179,670 36.60% -30.07% Nonoperating Revenues (Expenses): Investment Income 539,138 553,138 471,275 (81,863) 85.20% 18.53% Interfund Charges for Support Services 1,392,092 1,392,092 928,061 (464,031) 66.67% 0.00% Miscellaneous Revenue (Expense) 1,000 1,000 43,695 42,695 4369.50% 4302.83% Total Nonoperating Revenue (Expenses) 1,932,230 1,946,230 1,443,031 (503,199) 74.14% 7.47% (578,367) (14,273,917) 5,706,293 19,980,210 -39.98% -106.65% Transfers Out – Utility Payments In Lieu of Taxes (3,200,000) (3,200,000) (2,152,242) (1,047,758) 67.26% 0.59% Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers (3,200,000) (3,200,000) (2,152,242) (1,047,758) 67.26% 0.59% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (3,778,367) (17,473,917) 3,554,051 21,027,968 Beginning Available Resources 42,313,512 Ending Available Resources 45,867,563 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 $ 31,467,563 Income (Loss) Before Transfers

Water - Open Capital Projects

As of February 28, 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 - - 300,000.00 400904 EAST INDEPENDENCE INDUST PARK - 674,000.00 674,000.00 - - 674,000.00 401003 FUTURE Prod WELLS - 965,326.00 965,326.00 - - 965,326.00 401301 23RD ST MAIN REPLACEMENT 150,000.00 177,230.57 327,230.57 18,369.00 - 308,861.57 401402 LAGOON CLEANOUT - 302,560.00 302,560.00 49,059.00 278,001.00 (24,500.00) 401505 Dist Sys IMPROVE - 258,054.00 258,054.00 13,273.00 - 244,781.00 401506 TRUMAN ROAD BOOSTER STATION - 106,569.52 106,569.52 34,658.85 - 71,910.67 401601 FILTER BACKWASH OUTFALL - 190,325.00 190,325.00 - - 190,325.00 401602 Plt DISCHARGE OUTFALL - 459,824.48 459,824.48 - - 459,824.48 401605 COURTNEY BEND BASIN CATWALK - 10,020.00 10,020.00 - - 10,020.00 401608 LIME SILO 1,300,000.00 291,070.12 1,591,070.12 129,973.65 334,174.07 1,126,922.40 401703 Maint BUILDING AT CBP - 200,000.00 200,000.00 - - 200,000.00 401704 VAN HORN RESERVOIR IMPROVE - 500,204.23 500,204.23 45,007.62 504,896.19 (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 75,000.00 22,292.00 97,292.00 - - 97,292.00 401808 VFD Drive Replacements HSP 2 & 4 - 227,728.00 227,728.00 - (3,239.00) 230,967.00 401818 30" Steel Transmission Main Assess - 156,300.00 156,300.00 - - 156,300.00 401821 Main Replacement-32nd/Hunter/Bird - 91,000.00 91,000.00 - - 91,000.00 401822 Main Replacement-24Hwy/Northern/RR - 240,166.00 240,166.00 - - 240,166.00 402002 39th Street Reservoir - 2,200,000.00 2,200,000.00 3,452.50 26,347.50 2,170,200.00 402004 Main Replace Walnut/Leslie/LeesSumm - 143,152.66 143,152.66 12,022.53 49,911.40 81,218.73 402007 Courtney Bend Emergency Generator 1,000,000.00 150,000.00 1,150,000.00 - - 1,150,000.00 402008 Wellfield Overhead Electrical Imp 800,000.00 200,000.00 1,000,000.00 - - 1,000,000.00 402009 Main Replace Sheley/Claremont/Norw - 191,032.00 191,032.00 2,242.00 - 188,790.00 402010 Main Replace Gudgell/Dodgion/KingsH - 1,282,050.00 1,282,050.00 851,804.27 313,695.73 116,550.00 402011 Main Replace Salisbury/Peck/Geospac - 551,900.00 551,900.00 - 1,000.00 550,900.00 402012 College Avenue Improvements - 250,000.00 250,000.00 - - 250,000.00 402101 Main Replacement Ralston 31st/29th - 350,000.00 350,000.00 14,899.15 5,323.85 329,777.00 402102 Main Replacement 3rd St & Jennings - 460,000.00 460,000.00 - - 460,000.00 402103 Main Replacement Truman Road 50,000.00 490,502.00 540,502.00 6,332.00 - 534,170.00 402104 Lime Slaker No 5 - 350,000.00 350,000.00 - - 350,000.00 402105 Main Replacement Sheley - 100,000.00 100,000.00 2,665.00 1,435.00 95,900.00 402106 Main Replacement Sheley & Northern - 1,035,000.00 1,035,000.00 35,664.85 14,192.15 985,143.00 402107 Facility Improvements/Const/Maint - 250,000.00 250,000.00 - - 250,000.00 402108 Basin Drive Improvements 250,000.00 250,000.00 500,000.00 - - 500,000.00 402201 Roof Improvements 250,000.00 - 250,000.00 - - 250,000.00 402203 Lime Slaker No 1 350,000.00 - 350,000.00 - - 350,000.00 402207 CB Electrical Switchgear Improvemen 200,000.00 - 200,000.00 - - 200,000.00 9749 MAIN REPLACEMENT PROGRAM 1,745,000.00 793,907.19 2,538,907.19 15,635.60 43,721.82 2,479,549.77 9952 SECURITY UPGRADES 250,000.00 267,590.82 517,590.82 - - 517,590.82 $ 6,420,000.00 14,737,892.19 21,157,892.19 1,235,059.02 1,569,459.71 18,353,373.46 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 20,075,895.46 $ 1,081,996.73 21,157,892.19 Less Expenditures 741,524.01 827,935.70 1,569,459.71 Less Encumbrances 987,497.99 247,561.03 1,235,059.02 Total Available 18,346,873.46 $ 6,500.00 18,353,373.46

CITY OF INDEPENDENCE, MISSOURI

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 35,151,285 35,151,285 24,064,716 (11,086,569) 68.46% 1.79% Penalties 200,000 200,000 248,525 48,525 124.26% 57.59% Total operating revenues 35,351,285 35,351,285 24,313,241 (11,038,044) 68.78% 2.11% Operating expenses: Personnel Services 6,672,780 6,672,780 3,654,227 3,018,553 54.76% -11.91% Other Services 13,843,955 13,688,955 7,161,861 6,527,094 52.32% -14.35% Supplies 1,222,200 1,379,808 518,352 861,456 37.57% -29.10% Capital Projects 3,925,000 14,201,209 1,331,667 12,869,542 9.38% -57.29% Capital Operating 424,500 421,891 321,697 100,194 76.25% 9.58% Debt Service 6,288,332 6,288,332 1,689,332 4,599,000 26.86% -39.81% Other Expenses 0.00% -66.67% Total Operating Expenses 32,376,767 42,652,975 14,677,136 27,975,839 34.41% -32.26% Nonoperating Revenues (Expenses): Investment Income 104,000 250,000 226,938 (23,062) 90.78% 24.11% Miscellaneous Revenue (Expense) 7,820 7,820 17,454 9,634 223.20% 156.53% Total Nonoperating Revenue (Expenses) 111,820 257,820 244,392 (13,428) 94.79% 28.12% 3,086,338 (7,043,870) 9,880,497 16,924,367 -140.27% -206.94% Transfers Out – Utility Payments In Lieu of Taxes (3,596,612) (3,596,612) (2,376,658) (1,219,954) 66.08% -0.59% Transfers In 10,000 10,000 10,000 100.00% 33.33% Transfers Out 0.00% -66.67% Total Transfers (3,586,612) (3,586,612) (2,366,658) (1,219,954) 65.99% -0.68% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (500,274) (10,630,482) 7,513,839 18,144,321 Beginning Available Resources 26,265,638 Ending Available Resources 33,779,477 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 $ 21,079,477 Income (Loss) Before Transfers

Budgetary Comparison Schedule Sanitary Sewer For the period ended February 28, 2022 22

Sanitary Sewer - Open Capital Projects

As of February 28, 2022

PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 300801 NEIGHBORHOOD PROJECTS $ - 574,405.94 574,405.94 452,267.71 86,755.18 35,383.05 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 - 238,301.15 238,301.15 998.00 87,303.15 150,000.00 301703 ARROWHEAD CENTER - 551,675.62 551,675.62 82,871.54 338,242.16 130,561.92 301705 16TH/SCOTT - 357,780.55 357,780.55 5,390.10 - 352,390.45 301706 TREATMENT FACILITY IMPROVEMENT - 593,007.00 593,007.00 180,488.20 79,911.80 332,607.00 301804 ROCK CREEK EFFLUENT STRUCTURE - 361,673.21 361,673.21 11,056.27 25,596.44 325,020.50 301806 Neighborhood Improvements 2018-19 - 513,781.95 513,781.95 4,381.81 - 509,400.14 302001 Fairmount Highlands - 170,000.00 170,000.00 - - 170,000.00 302002 Arlington Improvements - 100,000.00 100,000.00 - - 100,000.00 302003 Bison Park - 424,907.85 424,907.85 306,816.00 2,644.00 115,447.85 302004 Neighborhood Projects 2019-20 - 580,000.00 580,000.00 - - 580,000.00 302005 Biosolids Handling - 2,919,676.59 2,919,676.59 1,671,384.59 356,535.00 891,757.00 302006 Raw Pumps & Screening - 900,000.00 900,000.00 314,466.00 - 585,534.00 302007 Electrical Substation Rehab - 158,690.00 158,690.00 - - 158,690.00 302008 RCTP Fence - 450,000.00 450,000.00 170,009.10 207,788.90 72,202.00 302009 Truman & Harris - 50,000.00 50,000.00 - - 50,000.00 302101 Sanitation Sewer Evaluation Survey - 199,303.60 199,303.60 24,360.63 81,778.12 93,164.85 302102 Raymond Harkless Mills San Imp - 200,000.00 200,000.00 - - 200,000.00 302103 Pump Station Imp & Maintenance 100,000.00 394,045.55 494,045.55 - 67,148.00 426,897.55 302104 Polymer System Relocation - 100,000.00 100,000.00 - - 100,000.00 302105 Piping Rehabilitation 200,000.00 200,000.00 400,000.00 21,082.50 5,710.00 373,207.50 302201 Upper Adair Interceptor 800,000.00 - 800,000.00 - - 800,000.00 302202 Crackerneck Creek Slope Rehab 1,100,000.00 - 1,100,000.00 - 5,600.00 1,094,400.00 302203 Sanitary Sewer Main Reloc from Stre 300,000.00 - 300,000.00 - - 300,000.00 302204 RCTP - Septic Pumper 300,000.00 - 300,000.00 - - 300,000.00 302205 Clarifier Rehabilitation 800,000.00 605,823.97 1,405,823.97 - - 1,405,823.97 302206 Railing Safety RCPS & SCPS 325,000.00 - 325,000.00 - - 325,000.00 9757 TRENCHLESS TECHNOLOGY - 1,555,740.96 1,555,740.96 245,223.10 146,269.37 1,164,248.49 $ 3,925,000.00 13,934,229.68 17,859,229.68 3,490,795.55 1,491,282.12 12,877,152.01 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 14,201,208.53 $ 3,658,021.15 17,859,229.68 Less Expenditures 350,075.72 1,141,206.40 1,491,282.12 Less Encumbrances 981,591.30 2,509,204.25 3,490,795.55 Total Available 12,869,541.51 $ 7,610.50 12,877,152.01

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Events Center Debt Service

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 0.00% -66.67% Miscellaneous 0.00% -66.67% Total operating revenues 0.00% -66.67% Operating Expenses: Personnel Services 0.00% -66.67% Other Services 1,000 1,000 667 333 66.70% 0.03% Supplies 0.00% -66.67% Capital Outlay 3,120,150 4,525,245 2,037,195 2,488,050 45.02% -21.65% Debt Service 5,292,906 5,292,906 2,520,125 2,772,781 47.61% -19.06% Other Expenses 0.00% -66.67% Total Operating Expenses 8,414,056 9,819,151 4,557,987 5,261,164 46.42% -20.25% Nonoperating Revenues (Expenses): Investment Income 71,000 71,000 5,831 (65,169) 8.21% -58.46% Miscellaneous Revenue (Expense) 218 218 0.00% -66.67% Sales Tax 5,173,844 5,173,844 1,788,888 (3,384,956) 34.58% -32.09% Total Nonoperating Revenue (Expenses) 5,244,844 5,244,844 1,794,937 (3,449,907) 34.22% -32.45% (3,169,212) (4,574,307) (2,763,050) 1,811,257 60.40% -6.27% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -66.67% Transfers In 75,000 75,000 1,337,631 (1,262,631) 1783.51% 1716.84% Transfers Out 0.00% -66.67% Total Transfers 75,000 75,000 1,337,631 (1,262,631) 1783.51% 1716.84% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (3,094,212) (4,499,307) (1,425,419) 3,073,888 Beginning Available Resources (1,116,862) Less Prior Year Open Encumbrances (24,607) Ending Available Resources $ (2,566,888) Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule

Central Garage

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 2,206,668 2,435,868 1,643,461 (792,407) 67.47% 0.80% Miscellaneous 4,914 4,914 0.00% -66.67% Total Operating Revenues 2,206,668 2,435,868 1,648,375 (787,493) 67.67% 1.00% Operating Expenses: Personnel Services 852,345 852,345 493,047 359,298 57.85% -8.82% Other Services 538,628 772,928 740,446 32,482 95.80% 29.13% Supplies 787,055 787,055 840,744 (53,689) 106.82% 40.15% Capital Outlay 39,000 39,000 29,131 9,869 74.69% 8.02% Other Expenses 0.00% -66.67% Total Operating Expenses 2,217,028 2,451,328 2,103,368 347,960 85.81% 19.14% Nonoperating Revenues (Expenses): Investment Income 8,000 8,000 4,471 (3,529) 55.89% -10.78% Miscellaneous Revenue (Expense) 5,100 6,570 1,470 128.82% 62.15% Total Nonoperating Revenue (Expenses) 8,000 13,100 11,041 (2,059) 84.28% 17.61% (2,360) (2,360) (443,952) (441,592) 18811.53% 18744.86% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -66.67% Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers 0.00% -66.67% Change In Net Position (Budget Basis) $ (2,360) (2,360) (443,952) (441,592) Unassigned Fund Balance at Beginning of Year (1,334,153) Cancellation of Prior Year Encumbrances 102,083 Change in Other Fund Balance Components During the Year (3,106) GAAP Components - OPEB and LAGERS 1,755,311 Ending Unassigned Fund Balance Non-GAAP Basis, 02/28/22 76,183 Other Net Position Components: Assigned - Current Year Encumbrances 565,212 Assigned - Prior Year Encumbrances 191 Total Fund Balance $ 641,586 Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI Budgetary

Comparison Schedule

Staywell Health Care

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 15,500,000 15,500,000 13,510,111 (1,989,889) 87.16% 20.49% Miscellaneous 0.00% -66.67% Total Operating Revenues 15,500,000 15,500,000 13,510,111 (1,989,889) 87.16% 20.49% Operating Expenses: Personnel Services 187,200 187,200 358,740 (171,540) 191.63% 124.96% Other Services 19,166,120 19,166,120 15,311,310 3,854,810 79.89% 13.22% Supplies 0.00% -66.67% Capital Outlay 0.00% -66.67% Other Expenses 0.00% -66.67% Total Operating Expenses 19,353,320 19,353,320 15,670,050 3,683,270 80.97% 14.30% Nonoperating Revenues (Expenses): Investment Income 4,000 4,000 2,985 (1,015) 74.63% 7.96% Miscellaneous Revenue (Expense) 642,390 642,390 0.00% -66.67% Total Nonoperating Revenue (Expenses) 4,000 4,000 645,375 641,375 16134.38% 16067.71% (3,849,320) (3,849,320) (1,514,564) 2,334,756 39.35% -27.32% Transfers In - American Rescue Plan 2,350,000 (2,350,000) 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers 2,350,000 (2,350,000) 0.00% -66.67% Change In Net Position (Budget Basis) $ (3,849,320) (3,849,320) 835,436 4,684,756 Unassigned Fund Balance at Beginning of Year 289,505 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year 135,290 Ending Unassigned Fund Balance Non-GAAP Basis, 02/28/22 1,260,231 Other Net Position Components: Assigned - Current Year Encumbrances 45,000 Assigned - Prior Year Encumbrances Total Fund Balance $ 1,305,231 Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule

Workers' Compensation

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 4,625,000 4,625,000 3,083,332 (1,541,668) 66.67% 0.00% Miscellaneous 129,049 129,049 0.00% -66.67% Total Operating Revenues 4,625,000 4,625,000 3,212,381 (1,412,619) 69.46% 2.79% Operating Expenses: Personnel Services 13,778 13,778 8,057 5,721 58.48% -8.19% Other Services 4,599,000 4,599,000 2,610,577 1,988,423 56.76% -9.91% Supplies 3,000 3,000 3,000 0.00% -66.67% Capital Outlay 2,000 2,000 2,000 0.00% -66.67% Other Expenses 0.00% -66.67% Total Operating Expenses 4,617,778 4,617,778 2,618,634 1,999,144 56.71% -9.96% Nonoperating Revenues (Expenses): Investment Income 6,000 3,613 (2,387) 60.22% -6.45% Miscellaneous Revenue (Expense) 5,790 5,790 0.00% -66.67% Total Nonoperating Revenue (Expenses) 6,000 9,403 3,403 156.72% 90.05% 7,222 13,222 603,150 589,928 4561.72% 4495.05% Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers 0.00% -66.67% Change In Net Position (Budget Basis) $ 7,222 13,222 603,150 589,928 Unassigned Fund Balance at Beginning of Year (8,356,420) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year 617,558 Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 02/28/22 (7,135,712) Other Net Position Components: Restricted - Work Comp Escrow Assigned - Current Year Encumbrances 97,211 Assigned - Prior Year Encumbrances 10,675 Total Fund Balance $ (7,027,826) Income (Loss) Before Transfers

CITY OF

MISSOURI Budgetary Comparison Schedule Risk Management

INDEPENDENCE,

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 2,995,000 2,995,000 1,983,400 (1,011,600) 66.22% -0.45% Miscellaneous 0.00% -66.67% Total Operating Revenues 2,995,000 2,995,000 1,983,400 (1,011,600) 66.22% -0.45% Operating Expenses: Personnel Services 13,778 13,778 8,057 5,721 58.48% -8.19% Other Services 2,977,000 2,977,000 1,447,639 1,529,361 48.63% -18.04% Supplies 3,000 3,000 3,000 0.00% -66.67% Capital Outlay 60,655 (60,655) 0.00% -66.67% Other Expenses 0.00% -66.67% Total Operating Expenses 2,993,778 2,993,778 1,516,351 1,477,427 50.65% -16.02% Nonoperating Revenues (Expenses): Investment Income 23,000 15,490 (7,510) 67.35% 0.68% Miscellaneous Revenue (Expense) 0.00% -66.67% Total Nonoperating Revenue (Expenses) 23,000 15,490 (7,510) 67.35% 0.68% 1,222 24,222 482,539 458,317 1992.15% 1925.48% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -66.67% Transfers In 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers 0.00% -66.67% Change In Net Position (Budget Basis) $ 1,222 24,222 482,539 458,317 Unassigned Fund Balance at Beginning of Year 1,345,764 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 02/28/22 1,828,303 Other Net Position Components: Assigned - Current Year Encumbrances 92,269 Assigned - Prior Year Encumbrances 7,382 Total Fund Balance $ 1,927,954 Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule

Enterprise Resource Planning

For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Operating revenues: Charges for Services $ 2,200,000 2,200,000 1,466,667 (733,333) 66.67% 0.00% Miscellaneous 0.00% -66.67% Total Operating Revenues 2,200,000 2,200,000 1,466,667 (733,333) 66.67% 0.00% Operating Expenses: Personnel Services 655,218 655,218 373,789 281,429 57.05% -9.62% Other Services 1,147,200 1,147,200 701,320 445,880 61.13% -5.54% Supplies 0.00% -66.67% Capital Outlay 50,000 50,000 5,946 44,054 11.89% -54.78% Other Expenses 0.00% -66.67% Total Operating Expenses 1,852,418 1,852,418 1,081,055 771,363 58.36% -8.31% Nonoperating Revenues (Expenses): Investment Income 0.00% -66.67% Miscellaneous Revenue (Expense) 0.00% -66.67% Total Nonoperating Revenue (Expenses) 0.00% -66.67% 347,582 347,582 385,612 38,030 110.94% 44.27% Transfers Out – Utility Payments In Lieu of Taxes 0.00% -66.67% Transfers In – CARES Act 0.00% -66.67% Transfers Out 0.00% -66.67% Total Transfers 0.00% -66.67% Change In Net Position (Budget Basis) $ 347,582 347,582 385,612 38,030 Unassigned Fund Balance at Beginning of Year 1,350,925 Cancellation of Prior Year Encumbrances 796 Change in Other Fund Balance Components During the Year GAAP Components - OPEB and LAGERS (45,193) Ending Unassigned Fund Balance Non-GAAP Basis, 02/28/22 1,692,140 Other Net Position Components: Assigned - Current Year Encumbrances 38,549 Assigned - Prior Year Encumbrances 100,608 Total Fund Balance $ 1,831,297 Income (Loss) Before Transfers

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 9,289 9,289 6,193 (3,096) 66.67% 0.00% Investment Income (Loss) 200 200 177 (23) 88.50% 21.83% Other Revenue 0.00% -66.67% Total Revenues 9,489 9,489 6,370 (3,119) 67.13% 0.46% Expenditures: General Government 62 (62) 0.00% -66.67% Debt Service 9,586 9,586 8,878 708 92.61% 25.94% Total Expenditures 9,586 9,586 8,940 646 93.26% 26.59% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total expenditures and other financing uses 9,586 9,586 8,940 646 93.26% 26.59% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (97) (97) (2,570) (2,473) Unassigned Fund Balance at Beginning of Year 106,985 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 02/28/22 104,415 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance $ 104,415

Service - Neighborhood Improvement Districts

the period ended February 28, 2022 30

Debt

For

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 9,085 9,085 0.00% -66.67% Investment Income 2,000 2,000 414 (1,586) 20.70% -45.97% Intergovernmental 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 2,000 2,000 9,499 7,499 474.95% 408.28% Other Financing Sources: Transfers In 45,743 45,743 0.00% -66.67% Total Other Financing Sources 45,743 45,743 0.00% -66.67% Total Revenues and Other Financing Sources 2,000 2,000 55,242 53,242 2762.10% 2695.43% Expenditures: Public Works 0.00% -66.67% Culture and Recreation 0.00% -66.67% Capital Outlay 220,797 6,760 214,037 3.06% -63.61% Total Expenditures 220,797 6,760 214,037 3.06% -63.61% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses — 220,797 6,760 214,037 3.06% -63.61% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 2,000 (218,797) 48,482 267,279 Unassigned Fund Balance at Beginning of Year (137,026) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 02/28/22 (88,544) Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances 110,484 Total Fund Balance $ 21,940 Budgetary Comparison Schedule

Street Improvements Capital Project Fund For the period ended February 28, 2022 31

CITY

INDEPENDENCE, MISSOURI

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Revolving Public Improvements Capital Project Fund For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 0.00% -66.67% Investment Income (Loss) 245 245 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 245 245 0.00% -66.67% Expenditures: Public Works 0.00% -66.67% Culture and Recreation 0.00% -66.67% Capital Outlay 0.00% -66.67% Total Expenditures 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 245 245 Unassigned Fund Balance at Beginning of Year 21,613 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 02/28/22 21,858 Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ 21,858

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Buildings and Other Improvements Capital Project Fund For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 0.00% -66.67% Investment Income 5,000 2,805 (2,195) 56.10% -10.57% Other Revenue 100,800 100,800 100,800 100.00% 33.33% Total revenues 100,800 105,800 103,605 (2,195) 97.93% 31.26% Other Financing Sources: Transfers In 0.00% -66.67% Total Other Financing Sources 0.00% -66.67% Total Revenues and Other Financing Sources 100,800 105,800 103,605 (2,195) 97.93% 31.26% Expenditures: Public Works 0.00% -66.67% Culture and Recreation 0.00% -66.67% Capital Outlay 506,900 783,998 28,216 755,782 3.60% -63.07% Total Expenditures 506,900 783,998 28,216 755,782 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total expenditures and other financing uses 506,900 783,998 28,216 755,782 3.60% -63.07% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (406,100) (678,198) 75,389 753,587 Unassigned Fund Balance at Beginning of Year (701,084) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 02/28/22 (625,695) Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances 569,223 Total Fund Balance $ (56,472)

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 0.00% -66.67% Investment Income 0.00% -66.67% Other Revenue 0.00% -66.67% Total revenues 0.00% -66.67% Expenditures: Public Works 0.00% -66.67% Culture and Recreation 0.00% -66.67% Capital Outlay 0.00% -66.67% Total Expenditures 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total expenditures and other financing uses 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ Unassigned Fund Balance at Beginning of Year (16,155) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 02/28/22 (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 February 28, 2022 34

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Capital Project Fund For the period ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 0.00% -66.67% Investment Income (Loss) 367 367 0.00% -66.67% Other Revenue 0.00% -66.67% Total revenues 367 367 0.00% -66.67% Expenditures: Public Works 0.00% -66.67% Culture and Recreation 0.00% -66.67% Capital Outlay 0.00% -66.67% Total Expenditures 0.00% -66.67% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total expenditures and other financing uses 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 367 367 Unassigned Fund Balance at Beginning of Year 31,479 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 02/28/22 31,846 Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance $ 31,846

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Charges for Services $ 10,500 10,500 (10,500) 0.00% -66.67% Investment Income 54 54 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 10,500 10,500 54 (10,446) 0.51% -66.16% Expenditures: Public Works 0.00% -66.67% Culture and Recreation 10,310 10,310 7,692 2,618 74.61% 7.94% Capital Outlay 0.00% -66.67% Total Expenditures 10,310 10,310 7,692 2,618 74.61% 7.94% Other Financing Uses: Transfers Out/Capital Outlay 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 10,310 10,310 7,692 2,618 74.61% 7.94% Excess of revenues over (under) expenditures and Other Financing Uses, Budget Basis $ 190 190 (7,638) (7,828) Unassigned Net Position at Beginning of Year 903 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Net Position, 02/28/22 (6,735) Other Net Position Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Net Position $ (6,735)

Private Purpose Expendable Trust Fund - Vaile Mansion For the period ended February 28, 2022 36

CITY OF INDEPENDENCE, MISSOURI Budgetary

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales Taxes $ 8,106,070 8,106,070 5,143,119 (2,962,951) 63.45% -3.22% Investment Income 75,000 75,000 14,110 (60,890) 18.81% -47.86% Total Revenues 8,181,070 8,181,070 5,157,229 (3,023,841) 63.04% -3.63% Expenditures: Administrative Fee 162,121 162,121 102,862 59,259 63.45% -3.22% Insurance 2,150 2,150 3,706 (1,556) 172.37% 105.70% Legal 55,300 55,300 55,300 0.00% -66.67% Audit 5,500 5,500 5,300 200 96.36% 29.69% Banking 6,500 6,500 6,615 (115) 101.77% 35.10% Professional Services 20,550 (20,550) 0.00% -66.67% Capital Outlay 0.00% -66.67% Other 0.00% -66.67% Total Expenditures 231,571 231,571 139,033 92,538 60.04% -6.63% Other Financing Uses: Transfers Out - EATS (1,175,000) (1,175,000) (586,490) (588,510) 49.91% -16.76% Transfers Out - Debt Service (City) (4,205,456) (4,205,456) (1,202,398) (3,003,058) 28.59% -38.08% Transfers Out - Captial Projects (3,120,150) (3,120,150) (1,337,631) (1,782,519) 42.87% -23.80% Total Other Financing Uses (8,500,606) (8,500,606) (3,126,519) (5,374,087) 36.78% -29.89% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (551,107) (551,107) 1,891,677 2,442,784 Unassigned Fund Balance at Beginning of Year 9,171,998 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 11,063,675 Other Fund Balance Components: Restricted - current year encumbrances 5,795 Restricted - prior year encumbrances 117,346 Total Fund Balance $ 11,186,816

Schedule Independence Events Center CID For the period ended February 28, 2022 37

Comparison

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Sales taxes $ 467,996 467,996 348,878 (119,118) 74.55% 7.88% Investment income 300 300 173 (127) 57.67% -9.00% Total revenues 468,296 468,296 349,051 (119,245) 74.54% 7.87% Expenditures: Administrative fee 9,360 9,360 6,978 2,382 74.55% 7.88% Insurance 2,150 2,150 3,678 (1,528) 171.07% 104.40% Legal 0.00% -66.67% Audit 5,500 5,500 5,300 200 96.36% 29.69% Banking 350 350 261 89 74.57% 7.90% Contract services 850 850 850 0.00% -66.67% Capital outlay 0.00% -66.67% Other 0.00% -66.67% Total expenditures 18,210 18,210 16,217 1,993 89.06% 22.39% Other financing uses: Transfers out - EATS (233,998) (233,998) (174,439) (59,559) 74.55% 7.88% Transfers out - Debt Service (City) (215,000) (215,000) (160,000) (55,000) 74.42% 7.75% Total other financing uses (448,998) (448,998) (334,439) (114,559) 74.49% 7.82% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 1,088 1,088 (1,605) (2,693) Unassigned Fund Balance at Beginning of Year 137,827 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year (436) Unassigned Ending Fund Balance, 02/28/22 135,786 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - City Transportation 6,889 Total Fund Balance $ 142,675

Crackerneck Creek TDD For the period ended February 28, 2022 38

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Tax Increment Financing Summary For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 15,970,917 15,970,917 15,273,175 (697,742) 95.63% 28.96% Investment Income (Loss) 294,000 294,000 273,973 (20,059) 93.19% 26.52% Other revenue 1,310,958 1,310,958 946,343 (364,615) 72.19% 5.52% Total Revenues 17,575,875 17,575,875 16,493,491 (1,082,416) 93.84% 27.17% Other Financing Sources: Transfers In 1,327,471 1,327,471 586,490 (740,981) 44.18% -22.49% Total Other Financing Sources 1,327,471 1,327,471 586,490 (740,981) 44.18% -22.49% Total Revenues and Other Financing Sources 18,903,346 18,903,346 17,079,981 (1,823,397) 90.35% 23.68% Expenditures: Tax Increment Financing 2,171,231 2,171,231 1,901,449 269,782 87.57% 20.90% Debt Service Principal 9,423,109 9,423,109 3,209,776 6,213,333 34.06% -32.61% Interest and Fiscal Agent Fees 5,082,094 5,082,094 4,036,006 1,046,088 79.42% 12.75% Debt Issuance Costs 0.00% -66.67% Total Expenditures 16,676,434 16,676,434 9,147,231 7,529,203 54.85% -11.82% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 586,490 (586,490) 0.00% -66.67% Total Other Financing Uses 586,490 (586,490) 0.00% -66.67% Total Expenditures and Other Financing Uses 16,676,434 16,676,434 9,733,721 6,942,713 58.37% -8.30% Excess of Revenues Over (Under) Expenditures and other financing uses $ 2,226,912 2,226,912 7,346,260 5,119,348 Unassigned Fund Balance at Beginning of Year 4,435,457 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 11,781,717 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances 15,226 Restricted - Trust Debt Service 26,406,785 Total Fund Balance $ 38,203,728

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Mid-Town Truman Rd TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 0.00% -66.67% Investment Income (Loss) 18 18 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 18 18 0.00% -66.67% Expenditures: Tax Increment Financing 0.00% -66.67% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 18 18 Unassigned Fund Balance at Beginning of Year 1,574 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 1,592 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,592

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Santa Fe TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 26,271 26,271 36,967 10,696 140.71% 74.04% Investment Income (Loss) 1,294 1,294 0.00% -66.67% Other Revenue 102,958 102,958 63,673 (39,285) 61.84% -4.83% Total Revenues 129,229 129,229 101,934 (27,295) 78.88% 12.21% Other Financing Sources: Transfers In 187,942 187,942 (187,942) 0.00% -66.67% Total Other Financing Sources 187,942 187,942 (187,942) 0.00% -66.67% Total Revenues and Other Financing Sources 317,171 317,171 101,934 (215,237) 32.14% -34.53% Expenditures: Tax Increment Financing 7,801 7,801 5,000 2,801 64.09% -2.58% Debt Service Principal 205,000 205,000 100,000 105,000 48.78% -17.89% Interest and Fiscal Agent Fees 327,938 327,938 164,806 163,132 50.26% -16.41% Debt Issuance Costs 0.00% -66.67% Total Expenditures 540,739 540,739 269,806 270,933 49.90% -16.77% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 540,739 540,739 269,806 270,933 49.90% -16.77% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (223,568) (223,568) (167,872) 55,696 Unassigned Fund Balance at Beginning of Year (1,115,449) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 (1,283,321) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 557,832 Total Fund Balance $ (725,489)

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Hartman Heritage TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,446,920 1,446,920 220,430 (1,226,490) 15.23% -51.44% Investment Income (Loss) 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 1,446,920 1,446,920 220,430 (1,226,490) 15.23% -51.44% Other Financing Sources: Transfers In 118,097 118,097 (118,097) 0.00% -66.67% Total Other Financing Sources 118,097 118,097 (118,097) 0.00% -66.67% Total Revenues and Other Financing Sources 1,565,017 1,565,017 220,430 (1,344,587) 14.08% -52.59% Expenditures: Tax Increment Financing 121,261 121,261 1,284 119,977 1.06% -65.61% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 121,261 121,261 1,284 119,977 1.06% -65.61% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 121,261 121,261 1,284 119,977 1.06% -65.61% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,443,756 1,443,756 219,146 (1,224,610) Unassigned Fund Balance at Beginning of Year (2,999,627) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 (2,780,481) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ (2,780,481)

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Drumm Farm TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 568,730 568,730 6,412 (562,318) 1.13% -65.54% Investment Income (Loss) 25,000 25,000 18,175 (6,825) 72.70% 6.03% Other Revenue 0.00% -66.67% Total Revenues 593,730 593,730 24,587 (569,143) 4.14% -62.53% Expenditures: Tax Increment Financing 15,338 15,338 2,500 12,838 16.30% -50.37% Debt Service Principal 415,000 415,000 415,000 0.00% -66.67% Interest and Fiscal Agent Fees 12,450 12,450 12,450 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 442,788 442,788 2,500 440,288 0.56% -66.11% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 442,788 442,788 2,500 440,288 0.56% -66.11% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 150,942 150,942 22,087 (128,855) Unassigned Fund Balance at Beginning of Year 1,579,935 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 1,602,022 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,602,022

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Eastland TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 5,053,492 5,053,492 4,898,200 (155,292) 96.93% 30.26% Investment Income (Loss) 165,000 165,000 168,568 3,568 102.16% 35.49% Other Revenue 0.00% -66.67% Total Revenues 5,218,492 5,218,492 5,066,768 (151,724) 97.09% 30.42% Other Financing Sources: Transfers In 664,783 664,783 554,045 (110,738) 83.34% 16.67% Total Other Financing Sources 664,783 664,783 554,045 (110,738) 83.34% 16.67% Total Revenues and Other Financing Sources 5,883,275 5,883,275 5,620,813 (262,462) 95.54% 28.87% Expenditures: Tax Increment Financing 457,612 457,612 212,461 245,151 46.43% -20.24% Debt Service Principal 3,980,000 3,980,000 3,980,000 0.00% -66.67% Interest and Fiscal Agent Fees 57,000 57,000 80,500 (23,500) 141.23% 74.56% Debt Issuance Costs 0.00% -66.67% Total Expenditures 4,494,612 4,494,612 292,961 4,201,651 6.52% -60.15% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 554,045 (554,045) 0.00% -66.67% Total Other Financing Uses 554,045 (554,045) 0.00% -66.67% Total Expenditures and Other Financing Uses 4,494,612 4,494,612 847,006 3,647,606 18.84% -47.83% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,388,663 1,388,663 4,773,807 3,385,144 Unassigned Fund Balance at Beginning of Year 15,004,007 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 19,777,814 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 897,682 Total Fund Balance $ 20,675,496

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule North Independence TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 57,965 57,965 40,206 (17,759) 69.36% 2.69% Investment Income (Loss) 23 23 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 57,965 57,965 40,229 (17,736) 69.40% 2.73% Expenditures: Tax Increment Financing 1,645 1,645 1,645 0.00% -66.67% Debt Service Principal 10,000 10,000 10,000 0.00% -66.67% Interest and Fiscal Agent Fees 45,530 45,530 20,700 24,830 45.46% -21.21% Debt Issuance Costs 0.00% -66.67% Total Expenditures 57,175 57,175 20,700 36,475 36.20% -30.47% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 57,175 57,175 20,700 36,475 36.20% -30.47% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 790 790 19,529 18,739 Unassigned Fund Balance at Beginning of Year 11,934 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 31,463 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 31,463

CITY

MISSOURI

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 2,179 2,179 2,101 (78) 96.42% 29.75% Investment Income (Loss) 1,000 1,000 561 (439) 56.10% -10.57% Other Revenue 0.00% -66.67% Total Revenues 3,179 3,179 2,662 (517) 83.74% 17.07% Other Financing Sources: Transfers In 0.00% -66.67% Capital lease proceeds 0.00% Total Other Financing Sources 0.00% -66.67% Total Revenues and Other Financing Sources 3,179 3,179 2,662 (517) 83.74% 17.07% Expenditures: Tax Increment Financing 63 63 63 0.00% -66.67% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 63 63 63 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 63 63 63 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 3,116 3,116 2,662 (454) Unassigned Fund Balance at Beginning of Year 49,447 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 52,109 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 52,109

OF INDEPENDENCE,

Budgetary Comparison Schedule Mt Washington TIF

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Crackerneck Creek TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,589,201 1,589,201 1,433,051 (156,150) 90.17% 23.50% Investment Income (Loss) 77,000 77,000 23,051 (53,949) 29.94% -36.73% Other Revenue 1,208,000 1,208,000 882,670 (325,330) 73.07% 6.40% Total Revenues 2,874,201 2,874,201 2,338,772 (535,429) 81.37% 14.70% Other Financing Sources: Transfers In 315,000 315,000 (315,000) 0.00% -66.67% Total Other Financing Sources 315,000 315,000 (315,000) 0.00% -66.67% Total Revenues and Other Financing Sources 3,189,201 3,189,201 2,338,772 (850,429) 73.33% 6.66% Expenditures: Tax Increment Financing 48,817 48,817 4,409 44,408 9.03% -57.64% Debt Service Principal 50,000 50,000 1,769,375 (1,719,375) 3538.75% 3472.08% Interest and Fiscal Agent Fees 3,775,226 3,775,226 2,905,425 869,801 76.96% 10.29% Debt Issuance Costs 0.00% -66.67% Total Expenditures 3,874,043 3,874,043 4,679,209 (805,166) 120.78% 54.11% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 3,874,043 3,874,043 4,679,209 (805,166) 120.78% 54.11% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (684,842) (684,842) (2,340,437) (1,655,595) Unassigned Fund Balance at Beginning of Year (10,710,147) Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 (13,050,584) Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances 15,226 Restricted - Trust Debt Service 21,572,705 Total Fund Balance $ 8,537,347

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Old Landfill TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 496,239 496,239 693,552 197,313 139.76% 73.09% Investment Income (Loss) 136 136 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 496,239 496,239 693,688 197,449 139.79% 73.12% Expenditures: Tax Increment Financing 9,590 9,590 9,590 0.00% -66.67% Debt Service Principal 486,349 486,349 651,952 (165,603) 134.05% 67.38% Interest and Fiscal Agent Fees 34,098 (34,098) 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 495,939 495,939 686,050 (190,111) 138.33% 71.66% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 495,939 495,939 686,050 (190,111) 138.33% 71.66% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 300 300 7,638 7,338 Unassigned Fund Balance at Beginning of Year 9,853 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 17,491 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 17,491

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Trinity TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 489,107 489,107 410,704 (78,403) 83.97% 17.30% Investment Income (Loss) 33 33 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 489,107 489,107 410,737 (78,370) 83.98% 17.31% Other Financing Sources: Transfers In 32,466 32,466 28,541 (3,925) 87.91% 21.24% Total Other Financing Sources 32,466 32,466 28,541 (3,925) 87.91% 21.24% Total Revenues and Other Financing Sources 521,573 521,573 439,278 (82,295) 84.22% 17.55% Expenditures: Tax Increment Financing 11,267 11,267 11,267 0.00% -66.67% Debt Service Principal 510,360 510,360 304,092 206,268 59.58% -7.09% Interest and Fiscal Agent Fees 116,508 (116,508) 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 521,627 521,627 420,600 101,027 80.63% 13.96% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 28,541 (28,541) 0.00% -66.67% Total Other Financing Uses 28,541 (28,541) 0.00% -66.67% Total Expenditures and Other Financing Uses 521,627 521,627 449,141 72,486 86.10% 19.43% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (54) (54) (9,863) (9,809) Unassigned Fund Balance at Beginning of Year 69,361 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 59,498 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 59,498

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

HCA TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 3,589,345 3,589,345 4,517,325 927,980 125.85% 59.18% Investment Income (Loss) 17,000 17,000 13,380 (3,620) 78.71% 12.04% Other Revenue 0.00% -66.67% Total Revenues 3,606,345 3,606,345 4,530,705 924,360 125.63% 58.96% Other Financing Sources: Transfers In 9,183 9,183 3,904 (5,279) 42.51% -24.16% Total Other Financing Sources 9,183 9,183 3,904 (5,279) 42.51% -24.16% Total Revenues and Other Financing Sources 3,615,528 3,615,528 4,534,609 919,081 125.42% 58.75% Expenditures: Tax Increment Financing 550,170 550,170 1,604,784 (1,054,614) 291.69% 225.02% Debt Service Principal 2,200,000 2,200,000 2,200,000 0.00% -66.67% Interest and Fiscal Agent Fees 863,950 863,950 431,975 431,975 50.00% -16.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 3,614,120 3,614,120 2,036,759 1,577,361 56.36% -10.31% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 3,904 (3,904) 0.00% -66.67% Total Other Financing Uses 3,904 (3,904) 0.00% -66.67% Total Expenditures and Other Financing Uses 3,614,120 3,614,120 2,040,663 1,573,457 56.46% -10.21% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,408 1,408 2,493,946 2,492,538 Unassigned Fund Balance at Beginning of Year 1,165,892 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 3,659,838 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service 3,378,566 Total Fund Balance $ 7,038,404

CITY OF INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule

Cinema East TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 257,861 257,861 225,209 (32,652) 87.34% 20.67% Investment Income (Loss) 11 11 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 257,861 257,861 225,220 (32,641) 87.34% 20.67% Expenditures: Tax Increment Financing 5,139 5,139 5,139 0.00% -66.67% Debt Service Principal 252,902 252,902 112,765 140,137 44.59% -22.08% Interest and Fiscal Agent Fees 140,035 (140,035) 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 258,041 258,041 252,800 5,241 97.97% 31.30% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 258,041 258,041 252,800 5,241 97.97% 31.30% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (180) (180) (27,580) (27,400) Unassigned Fund Balance at Beginning of Year 80,315 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 52,735 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 52,735

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

23rd & Noland Project 1 TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 82,194 82,194 64,180 (18,014) 78.08% 11.41% Investment Income (Loss) 30 30 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 82,194 82,194 64,210 (17,984) 78.12% 11.45% Expenditures: Tax Increment Financing 2,063 2,063 2,063 0.00% -66.67% Debt Service Principal 80,131 80,131 80,131 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 82,194 82,194 82,194 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 82,194 82,194 82,194 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 64,210 64,210 Unassigned Fund Balance at Beginning of Year 72,840 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 137,050 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 137,050

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 2 TIF For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 11,729 11,729 11,675 (54) 99.54% 32.87% Investment Income (Loss) 235 235 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 11,729 11,729 11,910 181 101.54% 34.87% Expenditures: Tax Increment Financing 246 246 246 0.00% -66.67% Debt Service Principal 11,483 11,483 25,000 (13,517) 217.71% 151.04% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 11,729 11,729 25,000 (13,271) 213.15% 146.48% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 11,729 11,729 25,000 (13,271) 213.15% 146.48% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (13,090) (13,090) Unassigned Fund Balance at Beginning of Year 23,261 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 10,171 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 10,171

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

23rd & Noland Project 3 TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 24,348 24,348 21,955 (2,393) 90.17% 23.50% Investment Income (Loss) 458 458 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 24,348 24,348 22,413 (1,935) 92.05% 25.38% Expenditures: Tax Increment Financing 24,438 24,438 24,438 0.00% -66.67% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 24,438 24,438 24,438 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 24,438 24,438 24,438 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (90) (90) 22,413 22,503 Unassigned Fund Balance at Beginning of Year 6,738 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 29,151 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 29,151

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 4 TIF For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 462,503 462,503 421,753 (40,750) 91.19% 24.52% Investment Income (Loss) 4,632 4,632 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 462,503 462,503 426,385 (36,118) 92.19% 25.52% Expenditures: Tax Increment Financing 462,503 462,503 462,503 0.00% -66.67% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 462,503 462,503 462,503 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 462,503 462,503 462,503 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 426,385 426,385 Unassigned Fund Balance at Beginning of Year 73,562 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 499,947 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 499,947

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence Square TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 145,470 145,470 304,571 159,101 209.37% 142.70% Investment Income (Loss) 8,000 8,000 19,242 11,242 240.53% 173.86% Other Revenue 0.00% -66.67% Total Revenues 153,470 153,470 323,813 170,343 210.99% 144.32% Expenditures: Tax Increment Financing 7,799 7,799 70,530 (62,731) 904.35% 837.68% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 7,799 7,799 70,530 (62,731) 904.35% 837.68% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 7,799 7,799 70,530 (62,731) 904.35% 837.68% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 145,671 145,671 253,283 107,612 Unassigned Fund Balance at Beginning of Year 648,571 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 901,854 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 901,854

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

I-70 & Little Blue Parkway Project 1 TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 1,152,029 1,152,029 1,470,207 318,178 127.62% 60.95% Investment Income (Loss) 1,000 1,000 20,337 19,337 2033.70% 1967.03% Other Revenue 0.00% -66.67% Total Revenues 1,153,029 1,153,029 1,490,544 337,515 129.27% 62.60% Expenditures: Tax Increment Financing 23,927 23,927 23,927 0.00% -66.67% Debt Service Principal 1,128,102 1,128,102 146,601 981,501 13.00% -53.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 1,152,029 1,152,029 146,601 1,005,428 12.73% -53.94% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 1,152,029 1,152,029 146,601 1,005,428 12.73% -53.94% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 1,000 1,000 1,343,943 1,342,943 Unassigned Fund Balance at Beginning of Year 258,617 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 1,602,560 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 1,602,560

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

I-70 & Little Blue Parkway Project 3 TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 382,156 382,156 290,512 (91,644) 76.02% 9.35% Investment Income (Loss) 3,748 3,748 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 382,156 382,156 294,260 (87,896) 77.00% 10.33% Expenditures: Tax Increment Financing 382,156 382,156 382,156 0.00% -66.67% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 382,156 382,156 382,156 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 382,156 382,156 382,156 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 294,260 294,260 Unassigned Fund Balance at Beginning of Year 107,526 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 02/28/22 401,786 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 401,786

CITY OF

INDEPENDENCE, MISSOURI

Budgetary Comparison Schedule

Marketplace Project 1 TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 97,731 97,731 93,685 (4,046) 95.86% 29.19% Investment Income (Loss) 4 4 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 97,731 97,731 93,689 (4,042) 95.86% 29.19% Expenditures: Tax Increment Financing 3,949 3,949 3,949 0.00% -66.67% Debt Service Principal 93,782 93,782 45,985 47,797 49.03% -17.64% Interest and Fiscal Agent Fees 76,965 (76,965) 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 97,731 97,731 122,950 (25,219) 125.80% 59.13% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 97,731 97,731 122,950 (25,219) 125.80% 59.13% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (29,261) (29,261) Unassigned Fund Balance at Beginning of Year 62,802 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 33,541 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 33,541

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

Marketplace Project 2 TIF

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 35,447 35,447 110,480 75,033 311.68% 245.01% Investment Income (Loss) 5 5 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 35,447 35,447 110,485 75,038 311.69% 245.02% Expenditures: Tax Increment Financing 35,447 35,447 481 34,966 1.36% -65.31% Debt Service Principal 54,006 (54,006) 0.00% -66.67% Interest and Fiscal Agent Fees 64,994 (64,994) 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 35,447 35,447 119,481 (84,034) 337.07% 270.40% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 35,447 35,447 119,481 (84,034) 337.07% 270.40% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (8,996) (8,996) Unassigned Fund Balance at Beginning of Year 34,445 Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 25,449 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 25,449

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ 0.00% -66.67% Investment Income (Loss) 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 0.00% -66.67% Expenditures: Tax Increment Financing 0.00% -66.67% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $

Budgetary Comparison Schedule TIF Application Fees For the Period Ended February 28, 2022 61

CITY OF INDEPENDENCE, MISSOURI

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule

TIF Supplemental Appropriation Fund

For the Period Ended February 28, 2022

Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 66.67% of Year Budget Revenues: Taxes $ Property tax RSO - Cargo Largo 3,455 3,455 0.00% -66.67% Drumm Farm 54,223 54,223 0.00% -66.67% Sales tax RSO - Cargo Largo 140,688 140,688 0.00% -66.67% Drumm Farm 11,294 11,294 0.00% -66.67% Investment Income (Loss) 32 32 0.00% -66.67% Other Revenue 0.00% -66.67% Total Revenues 209,692 209,692 0.00% -66.67% Expenditures: Tax Increment Financing 0.00% -66.67% Debt Service Principal 0.00% -66.67% Interest and Fiscal Agent Fees 0.00% -66.67% Debt Issuance Costs 0.00% -66.67% Total Expenditures 0.00% -66.67% Other Financing Uses: Issuance of Debt 0.00% -66.67% Reoffering Premium/Original Issue Discount 0.00% -66.67% Payment to Refund Loans Escrow Agent 0.00% -66.67% Transfers Out 0.00% -66.67% Total Other Financing Uses 0.00% -66.67% Total Expenditures and Other Financing Uses 0.00% -66.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 209,692 209,692 Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 02/28/22 209,692 Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance $ 209,692