2023- Monthly Financial and Operating Report

Monthly Financial and Operating Report December 2023

Table of Contents General Fund Sales Tax Funds Street Improvements Sales Tax Fund Park Improvements Sales Tax Fund Storm Water Sales Tax Fund Police Public Safety Sales Tax Fund Fire Protection Sales Tax Fund Marijuana Sales Tax Fund Use Tax Funds Animal Shelter Police Property Tax Levy Funds Health Property Tax Levy Parks and Recreation Property Tax Levy Special Revenue Funds Tourism Fund Independence Square Benefit District Community Development Block Grant Fund Rental Rehabilitation License Surcharge Grants American Rescue Plan (ARP) Enterprise Funds Power and Light Water Water Pollution Control Events Center Debt Service Internal Service Funds Central Garage Staywell Health Care Worker's Compensation Risk Management Finance & Support Services Debt Service Fund Debt Service - Neighborhood Improvement Districts Capital Improvement Funds Street Improvements Capital Project Fund Revolving Public Improvements Capital Project Fund Building and Other Improvements Capital Project Fund Storm Drainage Capital Project Fund Park Improvements Capital Project Fund Independence Events Center CID Crackerneck Creek TDD Tax Increment Financing Summary Santa Fe TIF Eastland TIF North Independence TIF Crackerneck Creek TIF Old Landfill TIF Trinity TIF HCA TIF Cinema East TIF 23rd & Noland Project 1 TIF 23rd & Noland Project 2 TIF 23rd & Noland Project 3 TIF 23rd & Noland Project 4 TIF Independence Square TIF I-70 & Little Blue Parkway Project 1 TIF I-70 & Little Blue Parkway Project 3 TIF Marketplace Project 1 TIF Marketplace Project 2 TIF TIF Supplemental Appropriation Fund

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 - 20 21 - 22 23 - 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule General Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Real Estate Tax Sales Tax Use Tax Cigarette Tax Franchise Tax Licenses and Permits Intergovernmental Charges for Current Services Interfund Charges for Support Services Fines and Forfeitures Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Payments In Lieu of Taxes Transfers In Operating Transfers In - American Rescue Plan Total Other Financing Sources Total Revenues and Other Financing Sources Expenditures: City Council City Clerk City Manager Municipal Court Law Finance Community Development Police Fire Municipal Services (Public Works) Parks and Recreation Contingencies Non-Departmental Debt service Total Expenditures Other Financing Uses: Transfers Out Total Expenditures and Other Financing Uses Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

6,003,000 21,565,625 642,000 285,000 8,333,000 4,452,950 5,960,000 2,034,900 4,469,287 2,086,000 180,000 749,451

6,003,000 21,565,625 642,000 285,000 8,333,000 4,452,950 5,960,000 2,034,900 4,469,287 2,086,000 180,000 759,451

6,039,486 10,725,282 — 170,375 2,547,026 2,577,118 3,576,106 1,110,043 2,188,341 1,036,163 227,582 303,508

36,486 (10,840,343) (642,000) (114,625) (5,785,974) (1,875,832) (2,383,894) (924,857) (2,280,946) (1,049,837) 47,582 (455,943)

100.61% 49.73% 0.00% 59.78% 30.57% 57.87% 60.00% 54.55% 48.96% 49.67% 126.43% 39.96%

50.61% -0.27% -50.00% 9.78% -19.43% 7.87% 10.00% 4.55% -1.04% -0.33% 76.43% -10.04%

56,761,213

56,771,213

30,501,030

(26,270,183)

53.73%

3.73%

21,301,000 — —

21,301,000 — —

11,663,916 — —

(9,637,084) — —

54.76% 0.00% 0.00%

4.76% -50.00% -50.00%

21,301,000 78,062,213

21,301,000 78,072,213

11,663,916 42,164,946

(9,637,084) (35,907,267)

54.76% 54.01%

4.76% 4.01%

1,174,882 — 1,292,479 1,579,595 185,216 579,527 5,980,795 35,397,004 24,379,630 5,103,087 1,478,993 364,005 21,600 165,400 77,702,213

702,559 482,323 1,293,879 1,579,595 185,216 601,127 5,979,395 35,397,004 24,379,630 5,103,087 1,478,993 364,005 — 165,400 77,712,213

399,450 5,382 588,993 786,681 88,925 188,630 3,083,276 17,594,612 13,665,831 2,092,247 718,124 — 5,955 165,150 39,383,256

303,109 476,941 704,886 792,914 96,291 412,497 2,896,119 17,802,392 10,713,799 3,010,840 760,869 364,005 (5,955) 250 38,328,957

56.86% 1.12% 45.52% 49.80% 48.01% 31.38% 51.57% 49.71% 56.05% 41.00% 48.55% 0.00% 0.00% 99.85% 50.68%

6.86% -48.88% -4.48% -0.20% -1.99% -18.62% 1.57% -0.29% 6.05% -9.00% -1.45% -50.00% -50.00% 49.85% 0.68%

360,000 78,062,213

360,000 78,072,213

13,552 39,396,808

346,448 38,675,405

3.76% 50.46%

-46.24% 0.46%

—

—

2,768,138

2,768,138

Unassigned Fund Balance at Beginning of Year Cancellation of prior year encumbrances Change in other fund balance components during the year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

10,185,653 77,546 (24,596) — 13,006,741

Restricted Committed Assigned Total Fund Balance

247,318 53,657 1,538,701 14,846,417

$

1

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Street Improvements Sales Tax Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales Taxes Use Tax Charges for Services Intergovernmental Revenue Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Transfers in Total other financing sources Total revenues and other financing sources Expenditures: General Government Street Maintenance Capital Outlay Debt Service Total Expenditures Other Financing Uses: Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

10,534,000 321,000 — — 125,000 —

10,534,000 321,000 — — 125,000 —

4,956,620 — — 449,917 436,104 1,000,000

(5,577,380) (321,000) — 449,917 311,104 1,000,000

47.05% 0.00% 0.00% 0.00% 348.88% 0.00%

-2.95% -50.00% -50.00% -50.00% 298.88% -50.00%

10,980,000

10,980,000

6,842,641

(4,137,359)

62.32%

12.32%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

10,980,000

10,980,000

6,842,641

(4,137,359)

62.32%

12.32%

— 1,382,173 21,798,746 1,747,446

— 1,382,173 25,143,212 1,747,446

— 746,002 4,251,824 201,223

— 636,171 20,891,388 1,546,223

0.00% 53.97% 16.91% 11.52%

-50.00% 3.97% -33.09% -38.48%

24,928,365

28,272,831

5,199,049

23,073,782

18.39%

-31.61%

—

260,000

—

260,000

0.00%

-50.00%

—

260,000

—

260,000

0.00%

-50.00%

24,928,365

28,532,831

5,199,049

23,333,782

18.22%

-31.78%

(13,948,365)

(17,552,831)

1,643,592

19,196,423

Unassigned Fund Balance at Beginning of Year

3,396,368

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

34,954 10,920,607 — 15,995,521

Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Developer Contribution Restricted - Debt Reserve Project Accounts - Capital Projects Total Fund Balance

1,112,187 2,436,857 450,000 552,564 20,547,129

$

2

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Sales Tax Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales Taxes Use Tax Charges for services Intergovernmental Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Transfers In Transfers In - American Rescue Plan Proceeds from Bond Issuance/Capital Lease Total Other Financing Sources Total Revenues and Other Financing Sources Expenditures: Culture and Recreation Capital Outlay Debt Service Total Expenditures Other Financing Uses: Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

5,268,000 169,000 578,500 33,000 19,180 27,400

5,268,000 169,000 578,500 33,000 19,180 27,400

2,478,310 — 307,089 29,181 59,448 33,302

(2,789,690) (169,000) (271,411) (3,819) 40,268 5,902

47.04% 0.00% 53.08% 88.43% 309.95% 121.54%

-2.96% -50.00% 3.08% 38.43% 259.95% 71.54%

6,095,080

6,095,080

2,907,330

(3,187,750)

47.70%

-2.30%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

6,095,080

6,095,080

2,907,330

(3,187,750)

47.70%

-2.30%

6,940,818 200,000 —

6,953,318 200,000 —

3,484,167 — —

3,469,151 200,000 —

50.11% 0.00% 0.00%

0.11% -50.00% -50.00%

7,140,818

7,153,318

3,484,167

3,669,151

48.71%

-1.29%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

7,140,818

7,153,318

3,484,167

3,669,151

48.71%

-1.29%

(1,045,738)

(1,058,238)

(576,837)

481,401

Unassigned Fund Balance at Beginning of Year

3,715,082

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

1,754 — — 3,139,999

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

618,176 10,436 3,768,611

$

3

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Storm Water Sales Tax Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales Taxes Use Tax Charges for Services Intergovernmental Investment Income (loss) Other Revenue

$

Total revenues Expenditures: Storm water Administration Maintenance Permit completion Capital outlay Total Expenditures Other financing uses: Transfers out Total other financing uses Total Ependitures and Other Financing Uses Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

5,268,000 169,000 — — 164,000 7,900

5,268,000 169,000 — — 164,000 7,900

2,478,310 — — — 242,407 8,019

(2,789,690) (169,000) — — 78,407 119

47.04% 0.00% 0.00% 0.00% 147.81% 101.51%

-2.96% -50.00% -50.00% -50.00% 97.81% 51.51%

5,608,900

5,608,900

2,728,736

(2,880,164)

48.65%

-1.35%

231,484 2,829,466 318,000 3,470,000

231,484 2,829,466 318,000 6,558,952

133,024 1,241,421 316,400 1,597,821 —

98,460 1,588,045 1,600 4,961,131

57.47% 43.87% 99.50% 24.36%

7.47% -6.13% 49.50% -25.64%

6,848,950

9,937,902

3,288,666

6,649,236

33.09%

-16.91%

—

260,000

1,776

258,224

0.68%

-49.32%

—

260,000

1,776

258,224

0.68%

-49.32%

6,848,950

10,197,902

3,290,442

6,907,460

32.27%

-17.73%

(1,240,050)

(4,589,002)

(561,706)

4,027,296

Unassigned Fund Balance at Beginning of Year

10,968,275

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

6,989 — — 10,413,558

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Regional Detention Construction Restricted - Regional Detention Maintenance Restricted - Emergency Response Relief Total Fund Balance

1,546,400 365,902 122,125 38,038 500,000 12,986,023

$

4

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Police Public Safety Sales Tax Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales Taxes Use Tax Investment Income (Loss) Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

2,831,000 85,000 35,000 7,600

2,831,000 85,000 35,000 7,600

1,430,203 — 63,148 99,750

(1,400,797) (85,000) 28,148 92,150

50.52% 0.00% 180.42% 1312.50%

0.52% -50.00% 130.42% 1262.50%

2,958,600

2,958,600

1,593,101

(1,365,499)

53.85%

3.85%

679,700 116,700 2,595,800 1,400,000 25,422

679,700 119,320 2,593,180 1,400,000 25,422

223,381 86,058 2,440,315 — 13,232

456,319 33,262 152,865 1,400,000 12,190

32.86% 72.12% 94.11% 0.00% 52.05%

-17.14% 22.12% 44.11% -50.00% 2.05%

4,817,622

4,817,622

2,762,986

2,054,636

57.35%

7.35%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

4,817,622

4,817,622

2,762,986

2,054,636

57.35%

7.35%

(1,859,022)

(1,859,022)

(1,169,885)

689,137

Total Revenues

Expenditures: Public Safety Communications Facilities Equipment Capital Outlay Debt Service Total Expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

3,125,485

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

25,209 — — 1,980,809

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

1,732,229 34,911 3,747,949

$

5

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Fire Protection Sales Tax Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales Taxes Use Tax Investment Income (Loss) Other Revenue

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

$ 11,395,000 321,000 47,000 6,000

11,395,000 321,000 47,000 6,000

5,470,436 — 197,343 64,421

(5,924,564) (321,000) 150,343 58,421

48.01% 0.00% 419.88% 1073.68%

-1.99% -50.00% 369.88% 1023.68%

11,769,000

11,769,000

5,732,200

(6,036,800)

48.71%

-1.29%

8,391,735 1,800,000 73,236

8,247,387 2,087,401 217,584

2,673,189 1,687,401 217,584

5,574,198 400,000 —

32.41% 80.84% 100.00%

-17.59% 30.84% 50.00%

10,264,971

10,552,372

4,578,174

5,974,198

43.39%

-6.61%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

10,264,971

10,552,372

4,578,174

5,974,198

43.39%

-6.61%

1,504,029

1,216,628

1,154,026

(62,602)

Total Revenues Expenditures: Public Safety Capital outlay Debt Service Total Expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

8,787,693

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

— — — 9,941,719

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

$

6

1,212,557 997,983 12,152,259

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Marijuana Sales Tax Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales Taxes Use Tax Investment Income (Loss) Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

150,000 — — —

150,000 — — —

121,987 — 152 —

(28,013) — 152 —

81.32% 0.00% 0.00% 0.00%

31.32% -50.00% -50.00% -50.00%

150,000

150,000

122,139

(27,861)

81.43%

31.43%

15,000 — — —

15,000 — — —

2,960 382,276 — —

12,040 (382,276) — —

19.73% 0.00% 0.00% 0.00%

-30.27% -50.00% -50.00% -50.00%

15,000

15,000

385,236

(370,236)

2568.24%

2518.24%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

15,000

15,000

385,236

(370,236)

2568.24%

2518.24%

135,000

135,000

(263,097)

(398,097)

Total Revenues Expenditures: Public Safety Community Development Capital outlay Debt Service Total Expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

—

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

— — — (263,097)

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

364,480 — 101,383

$

7

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Animal Shelter Use Tax For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Use Tax Intergovernmental Revenue Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing sources: Transfers in Total other financing sources Total revenues and other financing sources Expenditures: General Government Animal Services Capital Outlay Debt Service Total Expenditures Other Financing Uses: Transfers In Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Percent Actual From 50.00% of Year Budget

855,000 — 6,000 —

855,000 — 6,000 —

855,000 — 17,509 —

— — 11,509 —

100.00% 0.00% 291.82% 0.00%

50.00% -50.00% 241.82% -50.00%

861,000

861,000

872,509

11,509

101.34%

51.34%

25,000

25,000

—

(25,000)

0.00%

-50.00%

25,000

25,000

—

(25,000)

0.00%

0.00%

886,000

886,000

872,509

(13,491)

98.48%

48.48%

— 886,000 — —

— 886,000 — —

— 299,338 — —

— 586,662 — —

0.00% 33.79% 0.00% 0.00%

-50.00% -16.21% -50.00% -50.00%

886,000

886,000

299,338

586,662

33.79%

-16.21%

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

—

—

—

—

0.00%

-50.00%

886,000

886,000

299,338

586,662

33.79%

-16.21%

—

—

573,171

573,171

Unassigned Fund Balance at Beginning of Year

322,768

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

— — — 895,939

Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

— — 895,939

$

8

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Police Use Tax For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Use Tax Investment Income (Loss) Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

4,483,000 59,000 —

4,483,000 59,000 —

4,436,480 117,413 —

(46,520) 58,413 —

98.96% 199.01% 0.00%

48.96% 149.01% -50.00%

4,542,000

4,542,000

4,553,893

11,893

100.26%

50.26%

4,231,251 —

4,730,815 —

2,870,619 —

1,860,196 —

60.68% 0.00%

10.68% -50.00%

4,231,251

4,730,815

2,870,619

1,860,196

60.68%

10.68%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

—

—

—

—

0.00% — 0.00%

-50.00%

Total Other Financing Uses

4,231,251

4,730,815

2,870,619

1,860,196

60.68%

10.68%

310,749

(188,815)

1,683,274

1,872,089

Total Revenues

Expenditures: Public Safety Debt Service Total Expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

4,952,541

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

7,275 — — 6,643,090

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

956,130 17,347 7,616,567

$

9

-50.00%

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Health Property Tax Levy For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Taxes Charges for Services Licenses & Permits Investment Income (Loss) Other Revenue

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

870,620 170,000 412,400 11,500 14,000

870,620 170,000 412,400 11,500 14,000

909,518 145,355 239,861 7,177 50,174

38,898 (24,645) (172,539) (4,323) 36,174

104.47% 85.50% 58.16% 62.41% 358.39%

54.47% 35.50% 8.16% 12.41% 308.39%

1,478,520

1,478,520

1,352,085

(126,435)

91.45%

41.45%

325,000

325,000

—

(325,000)

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

325,000

325,000

—

(325,000)

0.00%

-50.00%

1,803,520

1,803,520

1,352,085

(451,435)

74.97%

24.97%

Expenditures: Animal Services

997,848

997,848

616,432

381,416

61.78%

11.78%

Health Services

805,672

805,672

387,215

418,457

48.06%

-1.94%

1,803,520

1,803,520

1,003,647

799,873

55.65%

5.65%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

1,803,520

1,803,520

1,003,647

799,873

55.65%

5.65%

—

—

348,438

348,438

Total Revenues

Other Financing Sources: Transfers In Transfers In - American Rescue Plan Total Other Financing Uses Total Revenues and Other Sources

Total Expenditures

Other Financing Uses: Transfers Out Total Other Financing Uses Total Expenditures and Other Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

348,758

Cancellation of Prior Year Encumbrances

—

Change in Other Fund Balance Components During the Year

—

Year-end investment market value adjustment

—

Ending Unassigned Fund Balance, 12/31/23

697,196

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

$

10

51,762 2,148 751,106

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Parks and Recreation Property Tax Levy For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Taxes Intergovernmental Charges for Services Investment Income (Loss) Other Revenue

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

1,838,155 — 88,500 16,485 —

1,838,155 — 88,500 16,485 —

1,932,726 — 41,756 11,408 38

94,571 — (46,744) (5,077) 38

105.14% 0.00% 47.18% 69.20% 0.00%

55.14% -50.00% -2.82% 19.20% -50.00%

1,943,140

1,943,140

1,985,928

42,788

102.20%

52.20%

1,583,850

1,586,850

884,107

702,743

55.71%

5.71%

1,583,850

1,586,850

884,107

702,743

55.71%

5.71%

Other Financing Uses – Transfers Out

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

1,583,850

1,586,850

884,107

702,743

55.71%

5.71%

359,290

356,290

1,101,821

745,531

Total Revenues Expenditures: Parks and Recreation Total Expenditures

Total Expenditures and Other Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

23,687

Cancellation of Prior Year Encumbrances

30

Change in Other Fund Balance Components During the Year

—

Year-end investment market value adjustment

—

Ending Unassigned Fund Balance, 12/31/23

1,125,538

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

85,484 1,322 1,212,344

$

11

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Tourism Fund For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Transient Guest Taxes Charges for Services Investment Income (Loss) Other Revenue

$

Total Revenues

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

2,300,000 — 25,050 3,000

2,300,000 — 25,050 3,000

1,290,546 3,916 48,784 (1,212)

(1,009,454) 3,916 23,734 (4,212)

56.11% 0.00% 194.75% -40.40%

6.11% -50.00% 144.75% -90.40%

2,328,050

2,328,050

1,342,034

(986,016)

57.65%

7.65%

—

—

—

—

0.00%

-50.00%

Other Financing Sources: Transfers In - American Resuce Plan Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

2,328,050

2,328,050

1,342,034

(986,016)

57.65%

7.65%

2,743,264

3,580,015

1,657,789

1,922,226

46.31%

-3.69%

2,743,264

3,580,015

1,657,789

1,922,226

46.31%

-3.69%

Other Financing Uses – Transfers Out

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

2,743,264

3,580,015

1,657,789

1,922,226

46.31%

-3.69%

(415,214)

(1,251,965)

(315,755)

936,210

Total Revenues and Other Sources

Expenditures: Tourism Total Expenditures

Total Expenditures and Other Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

1,938,742

Cancellation of Prior Year Encumbrances

5,220

Change in Other Fund Balance Components During the Year

—

Year-end investment market value adjustment

—

Ending Unassigned Fund Balance, 12/31/23

1,628,207

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Operating Reserve Total Fund Balance

547,306 7,267 376,368 2,559,148

$

12

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence Square Benefit District For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

27,435 124 —

27,435 124 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

27,559

27,559

0.00%

-50.00%

—

—

440

(440)

0.00%

-50.00%

—

—

440

(440)

0.00%

-50.00%

Other Financing Uses – Transfers Out

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

—

—

440

(440)

0.00%

-50.00%

—

—

27,119

27,119

Total Revenues Expenditures: General government Total Expenditures

Total Expenditures and Other Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

8,737

Cancellation of Prior Year Encumbrances

—

Change in Other Fund Balance Components During the Year

—

Year-end investment market value adjustment

—

Ending Unassigned Fund Balance, 12/31/23

35,856

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

— — 35,856

$

13

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Community Development Block Grant Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Federal Grant - CDBG

$

Other Revenue Total Revenues

Expenditures: CDBG Administration CDBG Expenditures Total Expenditures Other Financing Uses: Transfers Out Total Other Financing Uses Total Expenditures and Other Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

851,251

851,251

397,939

(453,312)

46.75%

-3.25%

— 851,251

— 851,251

— 397,939

— (453,312)

— 46.75%

-50.00% -3.25%

169,702 681,001

169,702 681,001

75,125 438,217

94,577 242,784

44.27% 64.35%

-5.73% 14.35%

850,703

850,703

513,342

337,361

60.34%

10.34%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

850,703

850,703

513,342

337,361

60.34%

10.34%

548

548

(115,403)

(115,951)

Unassigned Fund Balance at Beginning of Year

(9,437)

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/23

— — (124,840)

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

123,953 175 (712)

$

14

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Rental Rehabilitation For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: HOME Program Grant Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

570,305 —

570,305 —

125,711 —

(444,594) —

22.04% 0.00%

-27.96% -50.00%

570,305

570,305

125,711

(444,594)

22.04%

-27.96%

Expenditures: HOME Administration Multi Family Housing Community Housing Development

59,987 375,107 107,172

59,987 375,107 107,172

22,348 — —

37,639 375,107 107,172

37.25% 0.00% 0.00%

-12.75% -50.00% -50.00%

Total Expenditures

542,266

542,266

22,348

519,918

4.12%

-45.88%

28,039

28,039

103,363

75,324

Total Revenues

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

(200,586)

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/23

— — (97,223)

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

— 97,231 8

$

15

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule License Surcharge For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Licenses and Permits Investment Income (Loss) Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— 21,000 —

— 21,000 —

100 25,313 —

100 4,313 —

0.00% 120.54% 0.00%

-50.00% 70.54% -50.00%

21,000

21,000

25,413

4,413

121.01%

71.01%

—

—

209

(209)

0.00%

-50.00%

—

—

209

(209)

0.00%

-50.00%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

36,552

(36,552)

0.00%

-50.00%

Total Other Financing Uses

—

—

36,552

(36,552)

0.00%

-50.00%

—

—

36,761

(36,761)

0.00%

-50.00%

21,000

21,000

(11,348)

(32,348)

Total Revenues Expenditures: General Government Total expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

1,287,491

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance, 12/31/23

— — — 1,276,143

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

— — 1,276,143

$

16

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Grants For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Intergovernmental Charges for Services Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

4,479,344 109,023 140,620

6,670,411 109,023 335,675

1,602,387 100,872 166

(5,068,024) (8,151) (335,509)

24.02% 92.52% 0.05%

-25.98% 42.52% -49.95%

4,728,987

7,115,109

1,703,425

(5,411,684)

23.94%

-26.06%

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

4,728,987

7,115,109

1,703,425

(5,411,684)

23.94%

-26.06%

778,911 100,880 82,434 1,510,774 16,269 1,473,853

2,890,222 137,424 39,238 962,869 24,654 2,999,673

1,137,488 50,920 20,768 905,359 (13) 471,261

1,752,734 86,504 18,470 57,510 24,667 2,528,412

39.36% 37.05% 52.93% 94.03% -0.05% 15.71%

-10.64% -12.95% 2.93% 44.03% -50.05% -34.29%

3,963,121

7,054,080

2,585,783

4,468,297

36.66%

-13.34%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

3,963,121

7,054,080

2,585,783

4,468,297

36.66%

-13.34%

765,866

61,029

(882,358)

(943,387)

Total Revenues Other financing sources: Transfers In Total other financing sources Total revenues and other financing sources Expenditures: Public Safety General Government Culture and Recreation Community Development Animal Services Health Services Total Expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

(131,639)

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/23

— — (1,013,997)

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

$

17

694,549 107,782 (211,666)

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule American Rescue Plan (ARP) For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Intergovernmental Charges for Services Other Revenue

$

Total Revenues Other financing sources: Transfers in Total other financing sources Total revenues and other financing sources Expenditures: Personnel Services Other Services Supplies Capital Outlay Total Expenditures

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

9,557,038 — —

9,557,038 — —

449,696 — —

(9,107,342) — —

4.71% 0.00% 0.00%

-45.29% -50.00% -50.00%

9,557,038

9,557,038

449,696

(9,107,342)

4.71%

-45.29%

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

9,557,038

9,557,038

449,696

(9,107,342)

4.71%

-45.29%

— 1,112,038 — 4,135,000

— 1,112,038 — 4,135,000

38,469 353,474 (19,479) 1,012

(38,469) 758,564 19,479 4,133,988

0.00% 31.79% 0.00% 0.02%

-50.00% -18.21% -50.00% -49.98%

5,247,038

5,247,038

373,476

4,873,562

7.12%

-42.88%

Other Financing Uses: Transfers Out - American Rescue Plan

4,200,000

4,200,000

0.00%

-50.00%

4,200,000

4,200,000

— — —

4,200,000

Total Other Financing Uses

4,200,000

0.00%

-50.00%

9,447,038

9,447,038

373,476

9,073,562

3.95%

-46.05%

110,000

110,000

76,220

(33,780)

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

(421,022)

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/23

— — (344,802)

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

217,927 126,875 —

$

18

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Power and Light For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating Revenues: Charges for Services Penalties Connection Charges Miscellaneous Temporary Service Rental Income Transmission Wheeling Total Operating Revenues Operating Expenses: Personnel Services Retiree Benefits Other Services Supplies Capital Projects Capital Operating Debt Service Other Expenses Total Operating Expenses

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

137,475,870 1,000,000 33,000 — 1,000 294,500 7,000,000 145,804,370

137,475,870 1,000,000 33,000 — 1,000 294,500 7,000,000 145,804,370

79,020,492 757,554 3,610 30,095 400 23,944 3,322,049 83,158,144

(58,455,378) (242,446) (29,390) 30,095 (600) (270,556) (3,677,951) (62,646,226)

57.48% 75.76% 10.94% 0.00% 40.00% 8.13% 47.46% 57.03%

7.48% 25.76% -39.06% -50.00% -10.00% -41.87% -2.54% 7.03%

30,327,879 1,460,000 28,080,687 62,389,475 14,747,000 1,356,440 8,638,100 100,000 147,099,581

30,327,879 1,460,000 28,549,687 62,442,275 22,324,581 1,577,637 8,638,100 100,000 155,420,159

13,849,000 726,774 16,535,558 32,751,220 1,399,004 332,548 1,297,358 — 66,891,462

16,478,879 733,226 12,014,129 29,691,055 20,925,577 1,245,089 7,340,742 100,000 88,528,697

45.66% 49.78% 57.92% 52.45% 6.27% 21.08% 15.02% 0.00% 43.04%

-4.34% -0.22% 7.92% 2.45% -43.73% -28.92% -34.98% -50.00% -6.96%

Nonoperating Revenues (Expenses): Investment Income Interfund Charges for Support Services Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses)

118,000 2,075,300 15,700 2,209,000

118,000 2,075,300 15,700 2,209,000

1,316,075 1,068,886 425,637 2,810,598

1,198,075 (1,006,414) 409,937 601,598

1115.32% 51.51% 2711.06% 127.23%

1065.32% 1.51% 2661.06% 77.23%

Income (Loss) Before Transfers

913,789

(7,406,789)

19,077,280

26,484,069

-257.56%

-307.56%

— (14,601,000) — — (14,601,000)

— (14,601,000) — — (14,601,000)

— (8,132,398) — — (8,132,398)

— (6,468,602) — — (6,468,602)

0.00% 55.70% 0.00% 0.00% 55.70%

-50.00% 5.70% -50.00% -50.00% 5.70%

(13,687,211)

(22,007,789)

10,944,882

32,952,671

Beginning Available Resources Prior Period Adjustment Year-End Investment Market Value Adjustment Ending Available Resources

51,797,305 — — 62,742,187

Revenue Risk Capital Reserve Expense Risk Working Capital Targeted Reserve Level

5,300,000 3,000,000 18,700,000 25,500,000 52,500,000

Capital Contributions Transfers Out – Utility Payments In Lieu of Taxes Transfers In Transfers Out Total Transfers Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Total Non-Restricted Resources Available

19

$

10,242,187

Power and Light - Open Capital Projects As of December 31, 2023 PROJECT 200815 200828 201106 201405 201510 201603 201604 201605 201702 201703 201706 201710 201804 202101 202102 202103 202107 202108 202109 202110 202111 202201 202202 202205 202206 202208 202210 202211 202304 202305 202306 202308 202314 202315 202316 202317 202401 202403 202405 202406 202407 202408 202409 202410 202411

PROJECT TITLE T&D Sys IMPROVEMENTS FIBER OPTIC PROGRAM 69 KV SUBSTATION FACILITIES SUBSTATION SECURITY PROJECT Sys OpS / DISPATCH 69 KV Trans LINE REBUIL Sys OpS / UPS UPGRAD Sys OpS WORK AREA Prod FACILITIES IMPROVE BV GROUND WATER SUBSTATION K SWITCHGEAR & Mo CITY DIVESTITURE SUBSTATION E SWITCHGEAR REPLACEMENT Substation Fiber Optic Network Traffic Controller Upgrades Traffic Camera System Upgrades Motorola APX Radio Purchase Phase 2 Operations APC UPS Battery Replace Substation Modeling 20MVAR Capacitor Bank Sub A Transmission Pole Replacement Prog Substation A Transformer T-9 Mtce Substation N Transformer T-1 Maint Desert Storm Switchgear Cabinets T & D Road Improvement Projects Traffic Signal Detection Systems IPL Service Center PBX Upgrade to I H-5 Hot Gas Path Inspection Controls Software Upgrade PLSC Operations Area HVAC Upgrade Substation A Blockhouse Roof Repl Substn & Trans Upgrade &Replacement Construction of New Substation S Construct New Trans System Sub S Construct 6 New Dist Feeders Sub S H5 Combustion Turbine Repair Purchase Evergy 69kV Line Sub M Breaker Replacement Emergency Replacement Trans Poles Service Center Upgrades Emergent Maintenance Production Substation & Trans Upgrade &Replace T & D Road Improvement Projects T & D System Improvements SCADA/EMS Software/Hardware Upgrade

$

$

ORIGINAL BUDGET 550,000.00 200,000.00 700,000.00 217,000.00 75,000.00 150,000.00 180,000.00 250,000.00 60,000.00 15,000.00 6,000,000.00 1,350,000.00 650,000.00 1,200,000.00 150,000.00 250,000.00 500,000.00 400,000.00 400,000.00 500,000.00 500,000.00 450,000.00 14,747,000.00

NET BUDGET AMENDMENTS 751,671.50 70,789.23 236,068.65 196,405.74 43,034.77 771,535.88 51,175.00 619,842.18 172,116.00 289,356.17 146,637.27 350,294.83 2,281,361.33 832,919.23 56,342.00 51,837.00 67,716.89 99,700.00 190,689.11 529,680.46 180,000.00 500,000.00 410,130.31 21,635.00 85,000.00 239,397.25 364,491.80 100,000.00 25,022.00 389,841.71 357,460.73 714,175.19 11,196,327.23

REVISED BUDGET 1,301,671.50 270,789.23 236,068.65 196,405.74 43,034.77 771,535.88 51,175.00 1,319,842.18 172,116.00 289,356.17 146,637.27 350,294.83 2,281,361.33 1,049,919.23 56,342.00 51,837.00 67,716.89 174,700.00 150,000.00 190,689.11 529,680.46 180,000.00 180,000.00 750,000.00 410,130.31 81,635.00 100,000.00 239,397.25 364,491.80 100,000.00 25,022.00 389,841.71 6,000,000.00 1,350,000.00 1,007,460.73 714,175.19 1,200,000.00 150,000.00 250,000.00 500,000.00 400,000.00 400,000.00 500,000.00 500,000.00 450,000.00 25,943,327.23

Budget Less Expenditures Less Encumbrances Total Available

20

ENCUMBRANCES 526,123.13 100,855.72 54,759.66 30,088.40 33,430.50 65,408.60 17,935.00 93,184.50 146,316.11 315,264.88 226,566.68 17,925.00 70,425.00 296,099.58 32,405.23 79,139.40 33,209.27 23,866.42 187,440.00 2,350,443.08

ACTUALS 447,114.54 123,165.33 104,822.67 43,057.52 19,282.89 33,240.00 34,386.65 35,029.45 83,113.78 53,321.00 19,686.00 13,233.83 35,674.10 249,977.25 204,265.26 271,516.40 1,441.58 34,065.46 329,872.00 147,349.60 2,283,615.31

AVAILABLE BUDGET 328,433.83 46,768.18 76,486.32 123,259.82 9,604.27 686,844.39 1,319,842.18 172,116.00 161,785.02 321.16 0.50 1,971,680.87 978,673.23 36,656.00 51,837.00 67,716.89 174,700.00 150,000.00 177,455.28 494,006.36 109,575.00 180,000.00 203,923.17 173,459.82 81,635.00 100,000.00 239,397.25 13,836.00 100,000.00 25,022.00 388,400.13 6,000,000.00 1,350,000.00 940,186.00 360,436.77 1,200,000.00 150,000.00 250,000.00 500,000.00 400,000.00 400,000.00 500,000.00 500,000.00 115,210.40 21,309,268.84

Current Year Budget $ 22,324,580.92 754,424.72 644,578.75 $ 20,925,577.45

Prior Year Budget (Enc Roll) 3,618,746.31 1,529,190.59 1,705,864.33 383,691.39

Total 25,943,327.23 2,283,615.31 2,350,443.08 21,309,268.84

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Water For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating Revenues: Charges for Services Penalties Connection/Disconnection Charges Miscellaneous Returned Check Charges Rental Income Meter Repairs Merchandising Jobbing

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

32,610,000 200,000 17,000 15,000 26,000 85,000 — —

32,610,000 200,000 17,000 15,000 26,000 85,000 — —

17,735,270 109,325 12,216 11,180 16,080 66,354 — 1,269

(14,874,730) (90,675) (4,784) (3,820) (9,920) (18,646) — 1,269

54.39% 54.66% 71.86% 74.53% 61.85% 78.06% 0.00% 0.00%

4.39% 4.66% 21.86% 24.53% 11.85% 28.06% -50.00% -50.00%

Total Operating Revenues

32,953,000

32,953,000

17,951,694

(15,001,306)

54.48%

4.48%

Operating expenses: Personnel Services Retiree Benefits Other Services Supplies Capital Projects Capital Operating Debt Service Other Expenses Total Operating Expenses

10,123,922 364,000 14,168,493 3,626,950 8,050,000 1,037,800 2,540,938 50,000 39,962,103

10,026,347 364,000 13,985,493 3,833,950 20,781,289 1,013,800 2,540,938 50,000 52,595,817

4,158,043 173,434 5,650,608 3,008,695 569,418 473,292 2,052,184 — 16,085,674

5,868,304 190,566 8,334,885 825,255 20,211,871 540,508 488,754 50,000 36,510,143

41.47% 47.65% 40.40% 78.48% 2.74% 46.68% 80.76% 0.00% 30.58%

-8.53% -2.35% -9.60% 28.48% -47.26% -3.32% 30.76% -50.00% -19.42%

Nonoperating Revenues (Expenses): Investment Income Interfund Charges for Support Services Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses)

657,138 3,360,000 16,700 4,033,838

657,138 3,360,000 16,700 4,033,838

1,119,884 1,682,386 36,222 2,838,492

462,746 (1,677,614) 19,522 (1,195,346)

170.42% 50.07% 216.90% 70.37%

120.42% 0.07% 166.90% 20.37%

Income (Loss) Before Transfers

(2,975,265)

(15,608,979)

4,704,512

20,313,491

-30.14%

-80.14%

(2,990,770) — —

(2,990,770) — —

(1,706,189) — —

(1,284,581) — —

57.05% 0.00% 0.00%

7.05% -50.00% -50.00%

(2,990,770)

(2,990,770)

(1,706,189)

(1,284,581)

57.05%

7.05%

(5,966,035)

(18,599,749)

2,998,323

21,598,072

Transfers Out – Utility Payments In Lieu of Taxes Transfers In Transfers Out Total Transfers Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Beginning Available Resources Year-End Investment Market Value Adjustment Ending Available Resources

51,219,649 — 54,217,972

Revenue Risk Capital Reserve Expense Risk Working Capital Targeted Reserve Level

2,000,000 6,100,000 700,000 5,600,000 14,400,000

Total Non-Restricted Resources Available

21

$

39,817,972

Water - Open Capital Projects As of December 31, 2023 PROJECT 400708 400904 401003 401301 401402 401505 401506 401601 401602 401605 401608 401703 401704 401802 401804 401808 401818 401821 401822 402002 402004 402007 402008 402009 402010 402011 402012 402101 402102 402103 402104 402105 402106 402107 402108 402201 402203 402207 402301 402302 402303 402401 402402 402403 9749 9952

PROJECT TITLE TREATMENT Plt DISCHARGE EAST INDEPENDENCE INDUST PARK FUTURE Prod WELLS 23RD ST MAIN REPLACEMENT LAGOON CLEANOUT Dist Sys IMPROVE TRUMAN ROAD BOOSTER STATION FILTER BACKWASH OUTFALL Plt DISCHARGE OUTFALL COURTNEY BEND BASIN CATWALK LIME SILO Maint BUILDING AT CBP VAN HORN RESERVOIR IMPROVE 6" Main Replacement James Downey Rd Filter Valve House Roof Improvement VFD Drive Replacements HSP 2 & 4 30" Steel Transmission Main Assess Main Replacement-32nd/Hunter/Bird Main Replacement-24Hwy/Northern/RR 39th Street Reservoir Main Replace Walnut/Leslie/LeesSumm Courtney Bend Emergency Generator Wellfield Overhead Electrical Imp Main Replace Sheley/Claremont/Norw Main Replace Gudgell/Dodgion/KingsH Main Replace Salisbury/Peck/Geospac College Avenue Improvements Main Replacement Ralston 31st/29th Main Replacement 3rd St & Jennings Main Replacement Truman Road Lime Slaker No 5 Main Replacement Sheley Main Replacement Sheley & Northern Facility Improvements/Const/Maint Basin Drive Improvements Roof Improvements Lime Slaker No 1 CB Electrical Switchgear Improvemen IT Infrastructure Upgrade HSPS HVAC Improvements Lime Silo Recoating Fiber Optic Upgrades Lime Slaker No. 6 Sludge House Piping Improvements MAIN REPLACEMENT PROGRAM SECURITY UPGRADES

$

$

ORIGINAL BUDGET 1,000,000.00 500,000.00 500,000.00 500,000.00 350,000.00 200,000.00 5,000,000.00 8,050,000.00

NET BUDGET AMENDMENTS 273,113.14 674,000.00 1,462,326.00 311,672.57 (24,500.00) 244,781.00 106,569.52 190,325.00 459,824.48 10,020.00 3,919,760.18 200,000.00 (49,699.58) 250,087.60 97,292.00 230,967.00 156,300.00 91,000.00 240,166.00 (16,042.60) 81,218.73 1,150,000.00 1,000,000.00 188,790.00 103,132.50 120,100.00 250,000.00 361,105.00 436,013.00 86,890.00 350,000.00 89,229.50 983,910.00 1,714,358.50 340,523.00 (19,500.00) 350,000.00 200,000.00 9,034.80 250,000.00 400,000.00 3,176,870.47 454,706.39 20,904,344.20

REVISED BUDGET 1,273,113.14 674,000.00 1,962,326.00 311,672.57 475,500.00 244,781.00 106,569.52 190,325.00 459,824.48 10,020.00 3,919,760.18 200,000.00 (49,699.58) 250,087.60 97,292.00 230,967.00 156,300.00 91,000.00 240,166.00 (16,042.60) 81,218.73 1,150,000.00 1,000,000.00 188,790.00 103,132.50 120,100.00 250,000.00 361,105.00 436,013.00 86,890.00 350,000.00 89,229.50 983,910.00 1,714,358.50 340,523.00 (19,500.00) 350,000.00 200,000.00 9,034.80 250,000.00 400,000.00 500,000.00 350,000.00 200,000.00 8,176,870.47 454,706.39 28,954,344.20

Budget Less Expenditures Less Encumbrances Total Available

22

$

$

ENCUMBRANCES 68,518.14 789,565.56 2,811.00 194,400.00 3,446,930.72 13,455.30 152,749.98 44,728.00 361,710.87 79,663.39 53,607.97 363,053.13 106,520.00 333,308.00 210,246.87 71,103.04 6,292,371.97

ACTUALS 2,595.00 442,342.44 104,707.81 4,953.00 176,446.52 16,377.93 445,108.11 10,750.53 13,858.07 863,998.25 97.69 2,081,235.35

AVAILABLE BUDGET 1,202,000.00 674,000.00 730,418.00 308,861.57 281,100.00 244,781.00 106,569.52 190,325.00 459,824.48 10,020.00 368,121.65 200,000.00 (49,699.58) 250,087.60 97,292.00 230,967.00 156,300.00 91,000.00 240,166.00 (34,450.90) 81,218.73 1,150,000.00 1,000,000.00 188,790.00 103,132.50 120,100.00 250,000.00 31,908.50 436,013.00 42,162.00 (28,088.80) 89,229.50 459,138.50 1,650,000.00 340,523.00 (19,500.00) (26,911.20) 200,000.00 9,034.80 143,480.00 400,000.00 500,000.00 16,692.00 200,000.00 7,102,625.35 383,505.66 20,580,736.88

Budget 20,781,289.40 29,808.00 539,609.52 20,211,871.88

Budget (Enc Roll) 8,173,054.80 2,051,427.35 5,752,762.45 368,865.00

Total 28,954,344.20 2,081,235.35 6,292,371.97 20,580,736.88

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Sanitary Sewer For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating revenues: Charges for Services Penalties

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

35,546,430 200,000

35,546,430 200,000

18,194,522 180,361

(17,351,908) (19,639)

51.19% 90.18%

1.19% 40.18%

35,746,430

35,746,430

18,374,883

(17,371,547)

51.40%

1.40%

6,988,726 348,000 15,920,944 1,478,000 6,330,000 409,600 6,242,978 —

6,988,726 348,000 15,920,944 1,485,540 17,274,356 452,059 6,242,978 —

2,888,272 197,334 7,377,879 592,850 757,360 283,855 4,285,317 —

4,100,454 150,666 8,543,065 892,690 16,516,996 168,204 1,957,661 —

41.33% 56.71% 46.34% 39.91% 4.38% 62.79% 68.64% 0.00%

-8.67% 6.71% -3.66% -10.09% -45.62% 12.79% 18.64% -50.00%

Total Operating Expenses

37,718,248

48,712,603

16,382,867

32,329,736

33.63%

-16.37%

Nonoperating Revenues (Expenses): Investment Income Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses)

326,000 7,900 333,900

326,000 7,900 333,900

733,734 7,275 741,009

407,734 (625) 407,109

225.07% 92.09% 221.93%

175.07% 42.09% 171.93%

Income (Loss) Before Transfers

(1,637,918)

(12,632,273)

2,733,025

15,365,298

-21.64%

-71.64%

(3,596,612) 10,000 —

(3,596,612) 10,000 (2,130,000)

(1,825,329) 10,000 (1,776)

(1,771,283) — (2,128,224)

50.75% 100.00% 0.08%

0.75% 50.00% -49.92%

(3,586,612)

(5,716,612)

(1,817,105)

(3,899,507)

31.79%

-18.21%

(5,224,530)

(18,348,885)

915,920

19,264,805

Beginning Available Resources Year-End Investment Market Value Adjustment Ending Available Resources

33,820,216 — 34,736,136

Revenue Risk Capital Reserve Expense Risk Working Capital Targeted Reserve Level

1,200,000 4,000,000 700,000 6,800,000 12,700,000

Total operating revenues Operating expenses: Personnel Services Retiree Benefits Other Services Supplies Capital Projects Capital Operating Debt Service Other Expenses

Transfers Out – Utility Payments In Lieu of Taxes Transfers In Transfers Out Total Transfers Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Total Non-Restricted Resources Available

23

$

22,036,136

Sanitary Sewer - Open Capital Projects As of December 31, 2023 PROJECT 301201 301202 301701 301706 301804 302002 302004 302005 302006 302007 302008 302101 302102 302103 302104 302105 302201 302202 302203 302204 302205 302206 302301 302401 302402 302403 9757

PROJECT TITLE BURR OAK EAST CRACKERNECK-VAN HOOK SEWER SCADA UPGRADE TREATMENT FACILITY IMPROVEMENT ROCK CREEK EFFLUENT STRUCTURE Arlington Improvements Neighborhood Projects 2019-20 Biosolids Handling Raw Pumps & Screening Electrical Substation Rehab RCTP Fence Sanitation Sewer Evaluation Survey Raymond Harkless Mills San Imp Pump Station Imp & Maintenance Polymer System Relocation Piping Rehabilitation Upper Adair Interceptor Crackerneck Creek Slope Rehab Sanitary Sewer Main Reloc from Stre RCTP - Septic Pumper Clarifier Rehabilitation Railing Safety RCPS & SCPS Sludge Thickening Process Improve Cost of Service Study Grit Removal Improvements-RCPS Pressure Cleaning Truck TRENCHLESS TECHNOLOGY

$

$

ORIGINAL BUDGET 150,000.00 150,000.00 300,000.00 1,800,000.00 200,000.00 100,000.00 750,000.00 250,000.00 500,000.00 4,200,000.00

NET BUDGET AMENDMENTS 1,035,327.15 529,163.59 84,886.62 480,293.20 321,449.93 100,000.00 1,890,934.34 991,019.78 579,279.41 158,690.00 36,015.56 106,982.83 200,000.00 568,240.98 100,000.00 585,933.69 800,000.00 2,270,141.29 400,000.00 300,000.00 1,235,952.56 14,083.09 400,000.00 620,433.66 13,808,827.68

REVISED BUDGET 1,035,327.15 529,163.59 84,886.62 480,293.20 321,449.93 100,000.00 2,040,934.34 991,019.78 579,279.41 158,690.00 36,015.56 106,982.83 200,000.00 718,240.98 100,000.00 585,933.69 800,000.00 2,270,141.29 700,000.00 300,000.00 3,035,952.56 14,083.09 600,000.00 100,000.00 750,000.00 250,000.00 1,120,433.66 18,008,827.68

Budget Less Expenditures Less Encumbrances Total Available

24

ENCUMBRANCES 9,651.09 18,207.62 29,351.00 14,332.50 169,553.76 259,863.27 18,646.70 352,944.15 872,550.09

ACTUALS 7,378.84 152,745.79 227,655.53 40,884.30 27,637.24 162,980.05 619,281.75

AVAILABLE BUDGET 1,035,327.15 529,163.59 77,507.78 317,896.32 321,449.93 100,000.00 2,022,726.72 991,019.78 579,279.41 129,339.00 36,015.56 106,982.83 200,000.00 718,240.98 100,000.00 571,601.19 402,790.71 1,969,393.72 700,000.00 300,000.00 2,989,668.62 14,083.09 600,000.00 100,000.00 750,000.00 250,000.00 604,509.46 16,516,995.84

Current Year Budget $ 17,274,356.23 223,318.00 534,042.39 $ 16,516,995.84

Prior Year Budget (Enc Roll) 734,471.45 395,963.75 338,507.70 -

Total 18,008,827.68 619,281.75 872,550.09 16,516,995.84

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Events Center Debt Service For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Operating revenues: Charges for Services Miscellaneous

$

Amended

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

—

—

—

—

0.00%

-50.00%

— — — 3,062,526 5,789,100 —

— — — 9,263,688 5,789,100 —

— 1 — 3,002,103 1,193,296 —

— (1) — 6,261,585 4,595,804 —

0.00% 0.00% 0.00% 32.41% 20.61% 0.00%

-50.00% -50.00% -50.00% -17.59% -29.39% -50.00%

Total Operating Expenses

8,851,626

15,052,788

4,195,400

10,857,388

27.87%

-22.13%

Nonoperating Revenues (Expenses): Investment Income Miscellaneous Revenue (Expense) Sales Tax Total Nonoperating Revenue (Expenses)

50,000 — 2,400,000 2,450,000

50,000 — 2,400,000 2,450,000

222,713 3,077 1,017,139 1,242,929

172,713 3,077 (1,382,861) (1,207,071)

445.43% 0.00% 42.38% 50.73%

395.43% -50.00% -7.62% 0.73%

Income (Loss) Before Transfers

(6,401,626)

(12,602,788)

(2,952,471)

9,650,317

23.43%

-26.57%

— — —

— — —

— 1,573,717 —

— (1,573,717) —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

1,573,717

(1,573,717)

0.00%

-50.00%

(6,401,626)

(12,602,788)

(1,378,754)

11,224,034

Total operating revenues Operating Expenses:

Personnel Services Other Services Supplies Capital Outlay Debt Service Other Expenses

Transfers Out – Utility Payments In Lieu of Taxes Transfers In Transfers Out Total Transfers Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Beginning Available Resources Less Prior Year Expenses Year-End Investment Market Value Adjustment Ending Available Resources

25

$

(1,728,480) — — (3,107,234)

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Central Garage For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating revenues: Charges for Services Miscellaneous

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

2,804,471 128,700

2,804,471 128,700

1,446,147 53,299

(1,358,324) (75,401)

51.57% 41.41%

1.57% -8.59%

2,933,171

2,933,171

1,499,446

(1,433,725)

51.12%

1.12%

857,546 52,000 816,223 1,240,300 2,000 —

857,546 52,000 816,223 1,240,300 2,000 —

354,077 18,116 687,969 1,112,290 — —

503,469 33,884 128,254 128,010 2,000 —

41.29% 34.84% 84.29% 89.68% 0.00% 0.00%

-8.71% -15.16% 34.29% 39.68% -50.00% -50.00%

Total Operating Expenses

2,968,069

2,968,069

2,172,452

795,617

73.19%

23.19%

Nonoperating Revenues (Expenses): Investment Income Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses)

7,500 281,000 288,500

7,500 281,000 288,500

18,011 21,183 39,194

10,511 (259,817) (249,306)

240.15% 7.54% 13.59%

190.15% -42.46% -36.41%

Income (Loss) Before Transfers

253,602

253,602

(633,812)

(887,414)

-249.92%

-299.92%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

253,602

253,602

(633,812)

(887,414)

Total Operating Revenues Operating Expenses: Personnel Services Retiree Benefits Other Services Supplies Capital Outlay Other Expenses

Transfers Out – Utility Payments In Lieu of Taxes Transfers In Transfers Out Total Transfers Change In Net Position (Budget Basis)

$

Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year GAAP Components - OPEB and LAGERS Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/23

(1,008,280) 45,194 (5,515) 1,806,028 — 203,615

Other Net Position Components: Assigned - Current Year Encumbrances Assigned - Prior Year Encumbrances Total Fund Balance

884,893 — 1,088,508

$

26

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Staywell Health Care For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating revenues: Charges for Services Miscellaneous

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

20,534,900 —

20,534,900 —

10,657,332 —

(9,877,568) —

51.90% 0.00%

1.90% -50.00%

20,534,900

20,534,900

10,657,332

(9,877,568)

51.90%

1.90%

740,500 24,460,900 — — —

740,500 24,460,900 — — —

275,900 11,106,292 — — —

464,600 13,354,608 — — —

37.26% 45.40% 0.00% 0.00% 0.00%

-12.74% -4.60% -50.00% -50.00% -50.00%

Total Operating Expenses

25,201,400

25,201,400

11,382,192

13,819,208

45.16%

-4.84%

Nonoperating Revenues (Expenses): Investment Income Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses)

120,000 1,236,600 1,356,600

120,000 1,236,600 1,356,600

132,534 930,582 1,063,116

12,534 (306,018) (293,484)

110.45% 75.25% 78.37%

60.45% 25.25% 28.37%

Income (Loss) Before Transfers

(3,309,900)

(3,309,900)

338,256

3,648,156

-10.22%

-60.22%

Transfers In - American Rescue Plan Transfers Out

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

Total Transfers

—

—

—

—

0.00%

-50.00%

(3,309,900)

(3,309,900)

338,256

3,648,156

Total Operating Revenues Operating Expenses: Personnel Services Other Services Supplies Capital Outlay Other Expenses

Change In Net Position (Budget Basis)

$

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 Non-GAAP Basis, 12/31/23

3,747,925 — — 4,086,181

Other Net Position Components: Assigned - Current Year Encumbrances Assigned - Prior Year Encumbrances Total Fund Balance

90,000 — 4,176,181

$

27

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Workers' Compensation For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating revenues: Charges for Services Miscellaneous

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

4,450,900 —

4,450,900 —

1,846,750 —

(2,604,150) —

41.49% 0.00%

-8.51% -50.00%

4,450,900

4,450,900

1,846,750

(2,604,150)

41.49%

-8.51%

— 4,748,001 — — —

— 4,748,001 — — —

4,278 1,982,864 — — —

(4,278) 2,765,137 — — —

0.00% 41.76% 0.00% 0.00% 0.00%

-50.00% -8.24% -50.00% -50.00% -50.00%

Total Operating Expenses

4,748,001

4,748,001

1,987,142

2,760,859

41.85%

-8.15%

Nonoperating Revenues (Expenses): Investment Income Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses)

10,000 — 10,000

10,000 — 10,000

113,948 — 113,948

103,948 — 103,948

1139.48% 0.00% 1139.48%

1089.48% -50.00% 1089.48%

Income (Loss) Before Transfers

(287,101)

(287,101)

(26,444)

260,657

9.21%

-40.79%

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

—

—

—

—

0.00%

-50.00%

(287,101)

(287,101)

(26,444)

260,657

Total Operating Revenues Operating Expenses: Personnel Services Other Services Supplies Capital Outlay Other Expenses

Transfers In Transfers Out Total Transfers Change In Net Position (Budget Basis)

$

Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/23

(5,756,320) — — — (5,782,764)

Other Net Position Components: Restricted - Work Comp Escrow Assigned - Current Year Encumbrances Assigned - Prior Year Encumbrances Total Fund Balance

80,013 — (5,702,751)

$

28

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Risk Management For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating revenues: Charges for Services Miscellaneous

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

3,196,000 —

3,196,000 —

1,472,150 —

(1,723,850) —

46.06% 0.00%

-3.94% -50.00%

3,196,000

3,196,000

1,472,150

(1,723,850)

46.06%

-3.94%

— 3,355,559 — — —

— 3,355,559 — — —

4,278 2,156,047 — — —

(4,278) 1,199,512 — — —

0.00% 64.25% 0.00% 0.00% 0.00%

-50.00% 14.25% -50.00% -50.00% -50.00%

Total Operating Expenses

3,355,559

3,355,559

2,160,325

1,195,234

64.38%

14.38%

Nonoperating Revenues (Expenses): Investment Income Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses)

23,000 — 23,000

23,000 — 23,000

28,824 258 29,082

5,824 258 6,082

125.32% 0.00% 126.44%

75.32% -50.00% 76.44%

Income (Loss) Before Transfers

(136,559)

(136,559)

(659,093)

(522,534)

482.64%

432.64%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

(136,559)

(136,559)

(659,093)

(522,534)

Total Operating Revenues Operating Expenses: Personnel Services Other Services Supplies Capital Outlay Other Expenses

Transfers Out – Utility Payments In Lieu of Taxes Transfers In Transfers Out Total Transfers Change In Net Position (Budget Basis)

$

Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-end investment market value adjustment Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/23

2,049,143 — — — 1,390,050

Other Net Position Components: Assigned - Current Year Encumbrances Assigned - Prior Year Encumbrances Total Fund Balance

54,987 — 1,445,037

$

29

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Finance & Support Services For the period ended December 31, 2023

Budgeted Amounts Original Amended Operating revenues: Charges for Services Miscellaneous

$

Total Operating Revenues Operating Expenses: Personnel Services Retiree Benefits Other Services Supplies Capital Outlay Other Expenses Total Operating Expenses Nonoperating Revenues (Expenses): Investment Income Miscellaneous Revenue (Expense) Total Nonoperating Revenue (Expenses) Income (Loss) Before Transfers Transfers Out – Utility Payments In Lieu of Taxes Transfers In – CARES Act Transfers Out Total Transfers Change In Net Position (Budget Basis)

$

Actual Amounts (Budget Basis)

Variance with Amended Budget

Percent Actual 50.00% of Year

Percent From Budget

11,709,004 —

11,709,004 —

5,822,741 —

(5,886,263) —

49.73% 0.00%

-0.27% -50.00%

11,709,004

11,709,004

5,822,741

(5,886,263)

49.73%

-0.27%

5,939,496 170,000 4,645,103 44,350 1,257,834 —

6,037,071 170,000 4,645,103 44,350 1,257,834 —

2,704,412 105,811 2,928,584 13,058 51,866 —

3,332,659 64,189 1,716,519 31,292 1,205,968 —

44.80% 62.24% 63.05% 29.44% 4.12% 0.00%

-5.20% 12.24% 13.05% -20.56% -45.88% -50.00%

12,056,783

12,154,358

5,803,731

6,350,627

47.75%

-2.25%

— — —

— — —

— 6,586 6,586

— 6,586 6,586

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

(347,779)

(445,354)

25,596

470,950

-5.75%

-55.75%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

(347,779)

(445,354)

25,596

470,950

Unassigned Fund Balance at Beginning of Year Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year GAAP Components - OPEB and LAGERS Ending Unassigned Fund Balance Non-GAAP Basis, 12/31/23

(2,040,870) 1,520 (1,956) 2,838,368 822,658

Other Net Position Components: Assigned - Current Year Encumbrances Assigned - Prior Year Encumbrances Total Fund Balance

318,703 179,162 1,320,523

$

30

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Debt Service - Neighborhood Improvement Districts For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Charges for Services Investment Income (Loss) Other Revenue

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

9,289 2,000 —

9,289 2,000 —

3,965 3,011 —

(5,324) 1,011 —

42.68% 150.55% 0.00%

-7.32% 100.55% -50.00%

11,289

11,289

6,976

(4,313)

61.79%

11.79%

— 14,705

— 14,705

66 352

(66) 14,353

0.00% 2.39%

-50.00% -47.61%

14,705

14,705

418

14,287

2.84%

-47.16%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

14,705

14,705

418

14,287

2.84%

-47.16%

(3,416)

(3,416)

6,558

9,974

Total Revenues

Expenditures: General Government Debt Service Total Expenditures

Total expenditures and other financing uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

109,779

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/23

— — — 116,337

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Total Fund Balance

— — 116,337

$

31

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Street Improvements Capital Project Fund For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Charges for Services Investment Income Intergovernmental Other Revenue

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — — —

— — — —

2,557 1,796 11,484 —

2,557 1,796 11,484 —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

15,837

15,837

0.00%

-50.00%

— —

— —

36,552 — 36,552

36,552 — 36,552

0.00% 0.00%

-50.00% -50.00%

—

—

52,389

52,389

0.00%

-50.00%

— — —

— — 80,302

12 — 39,772

(12) — 40,530

0.00% 0.00% 49.53%

-50.00% -50.00% -0.47%

—

80,302

39,784

40,518

49.54%

-0.46%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

—

80,302

39,784

40,518

49.54%

-0.46%

—

(80,302)

12,605

92,907

Total Revenues Other Financing Sources: Transfers From In Proceeds Bond Issuance Total Other Financing Sources Total Revenues and Other Financing Sources Expenditures: Public Works Culture and Recreation Capital Outlay Total Expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

(867,534)

Cancellation of Prior Year Encumbrances Change to Prior Year Expenditure Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/23

— — — (854,929)

Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance

18,581 898,992 62,644

$

32

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Revolving Public Improvements Capital Project Fund For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Charges for Services Investment Income (Loss) Other Revenue

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

— 446 —

— 446 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

446

446

0.00%

-50.00%

— — —

— — —

4 — —

(4) — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

4

(4)

0.00%

-50.00%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

—

—

4

(4)

0.00%

-50.00%

—

—

442

442

Total Revenues

Expenditures: Public Works Culture and Recreation Capital Outlay Total Expenditures

Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

21,617

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/23

— — — 22,059

Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance

— — 22,059

$

33

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Buildings and Other Improvements Capital Project Fund For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Charges for Services Intergovernmental Investment Income Other Revenue

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

Total revenues

—

—

—

—

0.00%

-50.00%

Other Financing Sources: Transfers from In bond issuance Proceeds

—

2,650,000 —

7,103 —

(2,642,897) —

0.27%

-49.73%

—

2,650,000

7,103

(2,642,897)

0.27%

-49.73%

—

2,650,000

7,103

(2,642,897)

0.27%

-49.73%

— — —

— — 2,837,726

— — —

— — 2,837,726

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

2,837,726

—

2,837,726

0.00%

-50.00%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

—

2,837,726

—

2,837,726

0.00%

-50.00%

—

(187,726)

7,103

194,829

Total Other Financing Sources Total Revenues and Other Financing Sources Expenditures: Public Works Culture and Recreation Capital Outlay Total Expenditures

Total expenditures and other financing uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

(35,725)

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/23

— — — (28,622)

Other Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance

— 27,267 (1,355)

$

34

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Storm Drainage Capital Project Fund For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Charges for Services Investment Income Other Revenue

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

—

—

—

—

Total revenues

Expenditures: Public Works Culture and Recreation Capital Outlay Total Expenditures

Total expenditures and other financing uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

(16,155)

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Ending Unassigned Fund Balance, 12/31/23

— — (16,155)

Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance

— — (16,155)

$

35

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Capital Project Fund For the period ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Charges for Services Investment Income (Loss) Other Revenue

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

— 666 —

— 666 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

666

666

0.00%

-50.00%

— — —

— — —

6 — —

(6) — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

6

(6)

0.00%

-50.00%

Other Financing Uses: Transfers Out/Capital Outlay

—

—

—

—

0.00%

-50.00%

Total Other Financing Uses

—

—

—

—

0.00%

-50.00%

—

—

6

(6)

0.00%

-50.00%

—

—

660

660

Total revenues

Expenditures: Public Works Culture and Recreation Capital Outlay Total Expenditures

Total expenditures and other financing uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

31,485

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Ending Unassigned Fund Balance, 12/31/23

— — — 32,145

Fund Balance Components: Committed - Current Year Encumbrances Committed - Prior Year Encumbrances Total Fund Balance

— — 32,145

$

36

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence Events Center CID For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales Taxes Investment Income

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

8,295,957 400,000

8,295,957 400,000

3,651,508 260,501

(4,644,449) (139,499)

44.02% 65.13%

-5.98% 15.13%

8,695,957

8,695,957

3,912,009

(4,783,948)

44.99%

-5.01%

165,919 122,288 20,000 5,650 9,000 220,965 — —

165,919 122,288 20,000 5,650 9,000 220,965 — —

73,030 — 2,160 5,650 4,545 200,000 — 50,000

92,889 122,288 17,840 — 4,455 20,965 — (50,000)

44.02% 0.00% 10.80% 100.00% 50.50% 90.51% 0.00% 0.00%

-5.98% -50.00% -39.20% 50.00% 0.50% 40.51% -50.00% -50.00%

543,822

543,822

335,385

208,437

61.67%

11.67%

Other Financing Uses: Transfers Out - EATS Transfers Out - Debt Service (City) Transfers Out - Captial Projects Transfers Out - Other Items

1,175,000 4,604,093 3,212,526 —

1,175,000 4,604,093 3,212,526 —

15,573 1,001,566 1,573,717 —

1,159,427 3,602,527 1,638,809 —

1.33% 21.75% 48.99% 0.00%

-48.67% -28.25% -1.01% -50.00%

Total Other Financing Uses

8,991,619

8,991,619

2,590,856

6,400,763

28.81%

-21.19%

(839,484)

(839,484)

985,768

1,825,252

Total Revenues Expenditures: Administrative Fee Insurance Legal Audit Banking Contract Services Capital Outlay Other Total Expenditures

Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

11,114,576

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/23

— — 12,100,344

Other Fund Balance Components: Restricted - current year encumbrances Restricted - prior year encumbrances

5,650 5,795

Total Fund Balance

$

37

12,111,789

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Crackerneck Creek TDD For the period ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Sales taxes Investment income

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

622,409 5,000

622,409 5,000

272,549 3,561

(349,860) (1,439)

43.79% 71.22%

-6.21% 21.22%

627,409

627,409

276,110

(351,299)

44.01%

-5.99%

12,448 2,500 1,250 5,650 650 — — —

12,448 2,500 1,250 5,650 650 — — —

5,451 — 1,250 5,650 211 — — —

6,997 2,500 — — 439 — — —

43.79% 0.00% 100.00% 100.00% 32.46% 0.00% 0.00% 0.00%

-6.21% -50.00% 50.00% 50.00% -17.54% -50.00% -50.00% -50.00%

22,498

22,498

12,562

9,936

55.84%

5.84%

Other financing uses: Transfers out - EATS Transfers out - Debt Service (City)

311,204 315,000

311,204 315,000

136,270 87,000

174,934 228,000

43.79% 27.62%

-6.21% -22.38%

Total other financing uses

626,204

626,204

223,270

402,934

35.65%

-14.35%

1,231,115

1,231,115

40,278

(1,190,837)

Total revenues Expenditures: Administrative Fee Insurance Legal Audit Banking Contract Services Capital Outlay Other Total expenditures

Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis

$

Unassigned Fund Balance at Beginning of Year

38,755

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Unassigned Ending Fund Balance, 12/31/23

— (341) 78,692

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - City Transportation Total Fund Balance

5,650 — 8,202 92,544

$

38

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Tax Increment Financing Summary For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other revenue

$

Total Revenues Other Financing Sources: Transfers from In bond issuance Proceeds Total Other Financing Sources Total Revenues and Other Financing Sources

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

9,537,469 270,666 132,849

9,537,469 129,186 248,891

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

9,940,984

9,915,546

0.00%

-50.00%

— —

— —

102,573 — 102,573

102,573 — 102,573

0.00% 0.00%

-50.00% -50.00%

—

—

10,043,557

10,018,119

0.00%

-50.00%

Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs

—

—

113,256

(112,225)

0.00%

-50.00%

6,585,000 4,161,150 —

6,585,000 4,161,150 —

217,972 2,255,455 —

6,367,028 1,905,695 —

3.31% 54.20% 0.00%

-46.69% 4.20% -50.00%

Total Expenditures

10,746,150

10,746,150

2,586,683

8,160,498

24.07%

-25.93%

— — — —

— — — —

— — — 15,573

— — — (15,573)

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

15,573

(15,573)

0.00%

-50.00%

10,746,150

10,746,150

2,602,256

8,144,925

24.22%

-25.78%

(10,746,150)

(10,746,150)

7,441,301

18,187,451

Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and other financing uses

$

Unassigned Fund Balance at Beginning of Year

14,371,073

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 21,812,374

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — 10,360,270 32,172,644

$

39

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Santa Fe TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Transfers from In bond issuance Proceeds Total Other Financing Sources Total Revenues and Other Financing Sources

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

46,585 395 65,608

46,585 395 65,608

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

112,588

112,588

0.00%

-50.00%

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

—

—

112,588

112,588

0.00%

-50.00%

Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs

—

—

1

(1)

0.00%

-50.00%

215,000 314,000 —

215,000 314,000 —

105,000 157,806 —

110,000 156,194 —

48.84% 50.26% 0.00%

-1.16% 0.26% -50.00%

Total Expenditures

529,000

529,000

262,807

266,193

49.68%

-0.32%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

529,000

529,000

262,807

266,193

49.68%

-0.32%

(529,000)

(529,000)

(150,219)

378,781

Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

11,698

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — (138,521)

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — 500,909 362,388

$

40

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Eastland TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Transfers from In bond issuance Proceeds Total Other Financing Sources Total Revenues and Other Financing Sources Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

— — 3,120

— — 3,120

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

3,120

3,120

0.00%

-50.00%

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

—

—

3,120

3,120

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

—

—

3,120

3,120

Unassigned Fund Balance at Beginning of Year

31,195

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 34,315

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 34,315

$

41

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule North Independence TIF For the Period Ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

— — —

— — —

— 621 —

— (621) —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

621

(621)

0.00%

-50.00%

— — — — — — —

— — — — — — —

— — — — — — 621

— — — — — — (621)

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00% -50.00% -50.00% -50.00%

—

—

(621)

(621)

Unassigned Fund Balance at Beginning of Year

621

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year

— —

Unassigned Ending Fund Balance, 12/31/23

—

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — —

$

42

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Crackerneck Creek TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Transfers from In bond issuance Proceeds Total Other Financing Sources Total Revenues and Other Financing Sources

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

1,104,329 71,109 180,163

1,104,329 71,109 180,163

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

1,355,601

1,355,601

0.00%

-50.00%

— —

— —

87,000 — 87,000

87,000 — 87,000

0.00% 0.00%

-50.00% -50.00%

—

—

1,442,601

1,442,601

0.00%

-50.00%

Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs

—

—

5,696

(5,696)

0.00%

-50.00%

3,900,000 3,183,950 —

3,900,000 3,183,950 —

— 1,591,956 —

3,900,000 1,591,994 —

0.00% 50.00% 0.00%

-50.00% 0.00% -50.00%

Total Expenditures

7,083,950

7,083,950

1,597,652

5,486,298

22.55%

-27.45%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

7,083,950

7,083,950

1,597,652

5,486,298

22.55%

-27.45%

(7,083,950)

(7,083,950)

(155,051)

6,928,899

Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

4,493,608

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 4,338,557

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — 6,426,875 10,765,432

$

43

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Old Landfill TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

769,979 2,767 —

769,979 2,767 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

772,746

772,746

0.00%

-50.00%

—

—

22

(22)

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

22

(22)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

22

(22)

0.00%

-50.00%

—

—

772,724

772,724

Unassigned Fund Balance at Beginning of Year

5,329

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year

— —

Unassigned Ending Fund Balance, 12/31/23

778,053

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 778,053

$

44

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Trinity TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Transfers from In bond issuance Proceeds Total Other Financing Sources Total Revenues and Other Financing Sources Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

535,791 914 —

535,791 914 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

536,705

536,705

0.00%

-50.00%

— —

— —

11,591 — 11,591

11,591 — 11,591

0.00% 0.00%

-50.00% -50.00%

—

—

548,296

548,296

0.00%

-50.00%

—

—

7

(7)

0.00%

-50.00%

— — —

— — —

50,528 18,972 —

(50,528) (18,972) —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

69,507

(69,507)

0.00%

-50.00%

— — — —

— — — —

— — — 11,591

— — — (11,591)

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

11,591

(11,591)

0.00%

-50.00%

—

—

81,098

(81,098)

0.00%

-50.00%

—

—

467,198

467,198

Unassigned Fund Balance at Beginning of Year

57,721

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year

— —

Unassigned Ending Fund Balance, 12/31/23

524,919

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 524,919

$

45

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule HCA TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Other Financing Sources: Transfers from In bond issuance Proceeds Total Other Financing Sources Total Revenues and Other Financing Sources

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

4,226,972 20,207 —

4,226,972 20,207 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

4,247,179

4,247,179

0.00%

-50.00%

— —

— —

3,982 — 3,982

3,982 — 3,982

0.00% 0.00%

-50.00% -50.00%

—

—

4,251,161

4,251,161

0.00%

-50.00%

Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs

—

—

5,930

(5,930)

0.00%

-50.00%

2,470,000 663,200 —

2,470,000 663,200 —

— 331,600 —

2,470,000 331,600 —

0.00% 50.00% 0.00%

-50.00% 0.00% -50.00%

Total Expenditures

3,133,200

3,133,200

337,530

2,795,670

10.77%

-39.23%

— — — —

— — — —

— — — 3,982

— — — (3,982)

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

3,982

(3,982)

0.00%

-50.00%

3,133,200

3,133,200

341,512

2,791,688

10.90%

-39.10%

(3,133,200)

(3,133,200)

3,909,649

7,042,849

Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Unassigned Fund Balance at Beginning of Year

1,142,872

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 5,052,521

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — 3,432,486 8,485,007

$

46

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Cinema East TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

205,431 416 —

205,431 416 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

205,847

205,847

0.00%

-50.00%

—

—

3

(3)

0.00%

-50.00%

— — —

— — —

— 59,000 —

— (59,000) —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

59,003

(59,003)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

59,003

(59,003)

0.00%

-50.00%

—

—

146,844

146,844

Unassigned Fund Balance at Beginning of Year

46,374

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 193,218

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 193,218

$

47

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 1 TIF For the Period Ended December 31, 2023

Actual Amounts (Budget Basis)

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

—

—

—

—

Unassigned Fund Balance at Beginning of Year

100

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year

— —

Unassigned Ending Fund Balance, 12/31/23

100

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 100

$

48

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 2 TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

12,523 23 —

12,523 23 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

12,546

12,546

0.00%

-50.00%

—

—

—

—

0.00%

-50.00%

— — —

— — —

2,500 — —

(2,500) — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

2,500

(2,500)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

2,500

(2,500)

0.00%

-50.00%

—

—

10,046

10,046

Unassigned Fund Balance at Beginning of Year

(1,395)

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 8,651

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 8,651

$

49

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 3 TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

21,733 133 —

21,733 133 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

21,866

21,866

0.00%

-50.00%

—

—

1

(1)

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

1

(1)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

1

(1)

0.00%

-50.00%

—

—

21,865

21,865

Unassigned Fund Balance at Beginning of Year

9,490

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 31,355

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 31,355

$

50

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 4 TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

321,445 3,346 —

321,445 3,346 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

324,791

324,791

0.00%

-50.00%

—

—

27

(27)

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

27

(27)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

27

(27)

0.00%

-50.00%

—

—

324,764

324,764

Unassigned Fund Balance at Beginning of Year

95,116

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 419,880

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 419,880

$

51

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence Square TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

367,493 20,091 —

367,493 20,091 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

387,584

387,584

0.00%

-50.00%

—

—

99,949

(99,949)

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

99,949

(99,949)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

99,949

(99,949)

0.00%

-50.00%

—

—

287,635

287,635

Unassigned Fund Balance at Beginning of Year

973,886

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 1,261,521

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 1,261,521

$

52

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule I-70 & Little Blue Parkway Project 1 TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

1,403,426 7,695 —

1,403,426 7,695 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

1,411,121

1,411,121

0.00%

-50.00%

—

—

63

(63)

0.00%

-50.00%

— — —

— — —

55,466 — —

(55,466) — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

55,529

(55,529)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

55,529

(55,529)

0.00%

-50.00%

—

—

1,355,592

1,355,592

Unassigned Fund Balance at Beginning of Year

553,034

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 1,908,626

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 1,908,626

$

53

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule I-70 & Little Blue Parkway Project 3 TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

270,226 1,446 —

270,226 1,446 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

271,672

271,672

0.00%

-50.00%

—

—

12

(12)

0.00%

-50.00%

— — —

— — —

4,478 — —

(4,478) — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

4,490

(4,490)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

4,490

(4,490)

0.00%

-50.00%

—

—

267,182

267,182

Unassigned Fund Balance at Beginning of Year

15,938

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 283,120

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 283,120

$

54

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Marketplace Project 1 TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

107,867 352 —

107,867 352 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

108,219

108,219

0.00%

-50.00%

—

—

3

(3)

0.00%

-50.00%

— — —

— — —

— 50,500 —

— (50,500) —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

50,503

(50,503)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

50,503

(50,503)

0.00%

-50.00%

—

—

57,716

57,716

Unassigned Fund Balance at Beginning of Year

57,563

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 115,279

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 115,279

$

55

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Marketplace Project 2 TIF For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Investment Income (Loss) Other Revenue

$

Total Revenues Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

$

Actual Amounts (Budget Basis)

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

— — —

— — —

143,669 292 —

143,669 292 —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

143,961

143,961

0.00%

-50.00%

—

—

511

(511)

0.00%

-50.00%

— — —

— — —

— 45,000 —

— (45,000) —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

45,511

(45,511)

0.00%

-50.00%

— — — —

— — — —

— — — —

— — — —

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

—

—

—

—

0.00%

-50.00%

—

—

45,511

(45,511)

0.00%

-50.00%

—

—

98,450

98,450

Unassigned Fund Balance at Beginning of Year

34,512

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 132,962

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 132,962

$

56

CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule TIF Supplemental Appropriation Fund For the Period Ended December 31, 2023

Budgeted Amounts Original Amended Revenues: Taxes Property tax RSO - Cargo Largo Hartman Heritage Drumm Farm Eastland North Independence Mt Washington 23rd & Noland - Project 1 Sales tax RSO - Cargo Largo Hartman Heritage Drumm Farm Eastland North Independence Mt Washington 23rd & Noland - Project 1 Investment Income (Loss) Other Revenue

Variance with Final Budget

Percent Actual 50.00% of Year

Percent From Budget

$

Total Revenues Other Financing Sources: Transfers In Total Other Financing Sources Total Revenues and Other Financing Sources Expenditures: Tax Increment Financing Debt Service Principal Interest and Fiscal Agent Fees Debt Issuance Costs Total Expenditures Other Financing Uses: Issuance of Debt Reoffering Premium/Original Issue Discount Payment to Refund Loans Escrow Agent Transfers Out Total Other Financing Uses Total Expenditures and Other Financing Uses

Excess of Revenues Over (Under) Expenditures and Other Financing Uses

Actual Amounts (Budget Basis)

$

— — — — — — —

— — — — — — —

213 70,251 44,852 182,280 1,942 108 2,558

213 70,251 44,852 182,280 1,942 108 2,558

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00% -50.00% -50.00% -50.00%

— — — — — — — — —

— — — — — — — — —

138,917 86,803 15,210 1,166,688 10,809 705 8,979 141,480 (116,042)

138,917 86,803 15,210 1,166,688 10,809 705 8,979 141,480 (116,042)

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00% -50.00% -50.00% -50.00% -50.00% -50.00%

—

—

1,755,753

1,755,753

0.00%

-50.00%

— —

— —

— —

— —

0.00% 0.00%

-50.00% -50.00%

—

—

1,755,753

1,755,753

0.00%

-50.00%

—

—

1,031

(1,031)

0.00%

-50.00%

— — —

— — —

— — —

— — —

0.00% 0.00% 0.00%

-50.00% -50.00% -50.00%

—

—

1,031

(1,031)

0.00%

-50.00%

— — — — — — — —

— — — — — — — —

— — — — — — — 1,031

— — — — — — — (1,031)

0.00% 0.00% 0.00% 0.00%

-50.00% -50.00% -50.00% -50.00%

0.00%

-50.00%

0.00%

-50.00%

—

—

1,754,722

1,754,722

Unassigned Fund Balance at Beginning of Year

6,843,411

Cancellation of Prior Year Encumbrances Change in Other Fund Balance Components During the Year Year-End Investment Market Value Adjustment Unassigned Ending Fund Balance, 12/31/23

— — — 8,598,133

Other Fund Balance Components: Restricted - Current Year Encumbrances Restricted - Prior Year Encumbrances Restricted - Trust Debt Service Total Fund Balance

— — — 8,598,133

$

57