2012 Budget - South Suburban Parks and Recreation

SOUTH SUBURBAN PARK AND RECREATION DISTRICT
DEBT SERVICE FUND SUMMARY AND BY CATEGORY
Actual Budget Estimated Budget
2010 2011 2011 2012
REVENUE:
PROPERTY TAXES $ 3,625,513 $ 3,479,961 $ 3,479,961 $ 3,531,234
BOND PROCEEDS - - -
INTEREST EARNINGS 9,024 1,000 2,000 2,000
TOTAL REVENUE 3,634,537 3,480,961 3,481,961 3,533,234
EXPENDITURES:
ADMINISTRATION 57,133 56,500 56,500 62,000
BOND PRINCIPAL 2,330,000 2,405,000 2,405,000 2,480,000
BOND INTEREST 1,183,900 1,109,356 1,109,356 1,032,383
OPERATING TRANSFER OUT 9,024 1,000 2,000 2,000
TOTAL EXPENDITURES 3,580,057 3,571,856 3,572,856 3,576,383
NET REVENUE OVER EXPENDITURES 54,480 (90,895) (90,895) (43,149)
BEGINNING FUND BALANCE 79,564 90,895 134,044 43,149
ENDING FUND BALANCE 134,044 - 43,149 -
LESS RESERVES:
DEBT SERVICE RESERVE (134,044) - (43,149) -
UNRESERVED FUNDS AVAILABLE $ - $ - $ - $ -
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