Audit for Fiscal Year Ending June 30, 2017

CITY OF SPENCER BUDGETARY COMPARISON SCHEDULE OF RECEIPTS, DISBURSEMENTS, AND CHANGES IN BALANCES - BUDGET AND ACTUAL (CASH BASIS) - ALL GOVERNMENTAL FUNDS AND PROPRIETARY FUNDS

OTHER INFORMATION (UNAUDITED) FOR THE YEAR ENDED JUNE 30, 2017

Governmental Funds Actual

Propriertary Funds Actual

Total Actual

RECEIPTS: Property tax ....................................................... Tax increment financing revenues ......................... Other city taxes ................................................... Licenses and permits ............................................ Use of money and property .................................. Intergovernmental ............................................... Charges for service .............................................. Special assessments ............................................ Miscellaneous ...................................................... DISBURSEMENTS: Public safety ........................................................ Public works ........................................................ Culture and recreation .......................................... Community and economic development ................ General government ............................................ Debt service ........................................................ Capital projects .................................................... Business type ..................................................... TOTAL DISBURSEMENTS TOTAL RECEIPTS

$

$

5,624,241

$

5,624,241 835,048 2,727,248 62,666 329,498 4,710,067 7,715,114 441,314 930,127 23,375,323 3,186,696 1,528,724 1,610,387 1,718,764 2,720,445 1,763,497 1,823,307 8,546,209 22,898,029

835,048

2,727,248

62,666 139,064

190,434 1,555,354 7,519,573 32,889 142,057 9,440,307

3,154,713

195,541 408,425 788,070

13,935,016

3,186,696 1,528,724 1,610,387 1,718,764 2,720,445 1,763,497 1,823,307

8,546,209 8,546,209

14,351 ,820

EXCESS (DEFICIENCY) OF RECEIPTS OVER (UNDER) DISBURSEMENTS

477,294

(416,804)

894,098

OTHER FINANCING SOURCES (USES): Proceeds from bonds ........................................... Operating transfers in ........................................... Operating transfers out ........................................

3,453,904 8,148,508 (8,148,508}

2,993,136 1,113,782 (3,243,749}

460,768

7,034,726 (4,904,759}

TOTAL OTHER FINANCING SOURCES (USES)

2,590,735

863,169

3,453,904

EXCESS (DEFICIENCY) OF RECEIPTS AND OTHER FINANCING SOURSES (USES) OVER (UNDER) DISBURSEMENTS

1,757,267

3,931,198

2,173,931

BALANCE - BEGINNING OF YEAR .............................

11,616,156

25,721,549

14,105,393

$ 16,279,324

$ 13,373,423

$ 29,652,747

BALANCE - END OF YEAR

See Notes to Financial Statements 49