FY 2017 - 2018 Audit

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

Civil

Police

Tax Increment Financing

Police Retirement S~stem~

Service

Special

Proceeds

SSMID

EXRen~e~

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

$

$

$

$

6,888

85,046

256,857

976,405 456,415

2,996 1,642 11,044

80 74

7,780

328

9,059

296 5,666 13,004

1,440,600

94,105

272,539

328

16,576

285,208

107,746

931,671

285,208

107,746

931,671

16,576

EXCESS (DEFICIENCY) OF RECEIPTS OVER (UNDER) DISBURSEMENTS

(3,572)

(12,669)

(13,641)

508,929

328

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

(370,020}

TOTAL OTHER FINANCING SOURCES (USES)

(370,020}

NET CHANGE IN CASH BALANCES

328

138,909

(12,669)

(13,641)

(3,572)

12,205

32,390

163,999

CASH BALANCES - BEGINNING OF YEAR

443,215

103,394

$

$

$

$

$

151,330

582,124

89,753

8,633

32,718

CASH BALANCES - END OF YEAR

CASH BASIS FUND BALANCES: Restricted for: Urban renewal purposes ....................... Community and economic development purposes ......................... Employee benefits ................................. Police purposes ..................................... Park purposes .......................................

- $

$

$

$

$

582,124

89,753

151,330

8,633

32,718

$

$

$

$

32,718

$

151,330

8,633

TOTAL CASH BASIS FUND BALANCES

582,124

89,753

See Accompanying Independent Auditors' Report 42