FY 18 Annual Report

2018

ANNUAL FINANCIAL SUMMARY CITY OF SPENCER, IOWA

RECEIPTS AND EXPENDITURES

The following is a total of all receipts and expenditures for the City of Spencer, Iowa including the City Government and City Business Type Activities, but not including the receipts and expenditures of the Spencer Municipal Utilities and the Spencer Municipal Hospital, which are reported separately, for the period July 1, 2017 to June 30, 2018.

RECEIPTS: Received from Property Taxes Received from Intergovernmental Sources Received from all other Sources Funds Transferred In Bond Proceeds

6,698,480.04 3,769,441.90 12,271,439.95 14,800,398.93 3,700,543.67

TOTAL RECEIPTS:

$

41,240,304.49

EXPENDITURES: Public Safety Public Works Culture / Recreational Community / Economic Development

3,110,752.30 1,616,539.47 1,561,761.71 2,070,325.07 2,914,341.32 978,849.47 6,518,092.16 4,630,392.09 352,926.05 14,800,398.93

General Government Debt Service Capital Improvements Business Type Activities Agency Funds Funds Transferred Out

TOTAL EXPENDITURES:

$

38,554,378.57

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