FY 2017 - 2018 Audit

Schedule 1

CITY OF SPENCER COMBINING SCHEDULE OF RECEIPTS, DISBURSEMENTS, AND CHANGES IN CASH BALANCES NONMAJOR GOVERNMENTAL FUNDS AS OF AND FOR THE YEAR ENDED JUNE 30, 2018

Total Nonmajor Governmental Funds $ 1,252,576 976,405 470,034 12,066

Special Revenue Funds

Permanent Funds

RECEIPTS: Property tax ........................................................... Tax increment financing ........................................ Other city taxes ..................................................... Use of money and property ................................... Intergovernmental ................................................. Miscellaneous ........................................................ DISBURSEMENTS: Public safety .......................................................... Public works .......................................................... Culture and recreation ........................................... Community and economic development ............... General government ............................................. TOTAL RECEIPTS

$ 1,252,576

$

976,405 470,034 10,223 127,032 328,754

1,843

127,032 331,654 3,169,767

2,900 4,743

3,165,024

497,508 98,452 118,223

497,508 98,452 117,998

225 581

1,039,998 1,715,319 3,469,500

1,039,417 1,715,319 3,468,694

806

TOTAL DISBURSEMENTS

(299,733)

(303,670)

3,937

EXCESS OF RECEIPTS OVER DISBURSEMENTS

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

918,399 (408,738}

918,399 (408,738}

TOTAL OTHER FINANCING SOURCES (USES)

509,661

509,661

209,928

3,937

NET CHANGE IN CASH BALANCES

205,991

470,389

1,676,659

2,147,048

CASH BALANCES - BEGINNING OF YEAR ..........

$ 2,356,976

$ 1,882,650

$

474,326

CASH BALANCES - END OF YEAR

CASH BASIS FUND BALANCES: Nonspendable: Permanent fund principal ................................... Restricted for: Urban renewal purposes .................................... Community and economic development purposes Employee benefits .............................................. Police purposes .................................................. Cemetery purposes ............................................. Park purposes .....................................................

$

$

$

443,114

443,114

582,124 90,222 1,178,055

582,124 89,753

469

1,178,055

32,718 19,008 11 ,735

32,718

19,008 11 ,735

$

$ 2,356,976

$ 1,882,650

474,326

TOTAL CASH BASIS FUND BALANCES

See Accompanying Independent Auditors' Report 41