FY 2017 - 2018 Audit

CITY OF SPENCER CASH BASIS STATEMENT OF ACTIVITIES AND NET POSITION AS OF AND FOR THE YEAR ENDED JUNE 30, 2018

Program Receipts

Operating Grants, Contributions, and Restricted Interest

Charges for

Disbursements

Services

FUNCTIONS/PROGRAMS: Governmental activities:

Public safety ........................................................... Public works ........................................................... Culture and recreation ........................................... Community and economic development .............. . General government .............................................. Debt service ........................................................... Capital projects ...................................................... Total governmental activities Business type activities: Sanitary sewer ....................................................... Solid waste ............................................................ Landfill ................................................................... Airport .................................................................... Golf course ............................................................ Capital projects: Sanitary sewer ..................................................... Landfill ................................................................. Airport .................................................................. Golf course .......................................................... Total business type activities General purposes .................................................. Debt service ........................................................... Commercial and industrial replacement .................. . Tax increment financing .......................................... . Payments in lieu of tax ............................................. Local option sales tax ............................................... Hotel/motel tax .......................................................... Use of money and property ..................................... . Unrestricted miscellaneous ..................................... . Debt proceeds .......................................................... Operating transfers ................................................... Total general receipts and transfers TOTAL General receipts and transfers: Property and other city taxes levied for:

$ 3,110,546 1,632,301 1,561,764 2,104,508 2,900,710 978,849 5,120,509 17,409,187

$ 151,254 21,989

193,477 1,433,348

$

157,146 326,720 22,966 36,000 1,416 717,491

30,284 19,048 74,542

1,750,699

2,778,415 2,195,833 1,728,040

2,364,434 933,031 845,789 124,071 349,733 631,245 666,901 63,329 4,256 5,982,789

59,323

170,250 352,525

7,225,063

59,323

$ 23,391,976

$ 7,942,554

1,810,022

$

CHANGE IN CASH BASIS NET POSITION .............. .

CASH BASIS NET POSITION - BEGINNING OF YEAR

CASH BASIS NET POSITION - END OF YEAR

See Notes to Financial Statements 11