Estimated operating transfers in - - 4,427, , ,538 4,845, , , ,664

Transcription

1 REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE ALL GOVERNMENTAL FUND TYPES YEAR ENDED JUNE 30, 2016 Camp Drug General General Brownfield West Dbn East Dbn Component Major Local Dearborn Law Designated Community Tele- Capital Government Redevelopment Downtown Dev Downtown Dev Units General Street Street Operating Enforcement Library Purposes Development Communications Improvement Combined Authority Authority Authority Combined Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total Fund Fund Fund Total Taxes & penalties on taxes $ 73,727,365 $468,990 $746,010 $ - $ - $ 5,175,380 $ - $ - $ - $ - $ 80,117,745 $ 4,054,022 $ 488,000 $ 815,300 $ 5,357,322 Licenses and permits 1,917, ,917, Intergovernmental revenues: State sources 9,825,503 5,800,000 1,775, , ,454, Federal sources ,066, ,066, Other sources , ,000-27,000-27,000 Sales Charges for services 12,594, , ,714 12,676, Fines and forfeits 4,083, , ,163, Rents and royalties 5,860, , ,000-6,683, Proceeds from land sales Miscellaneous revenue 361,394 38, , ,200 1, , Private source contributions 165, ,000,000 1,165, Proceeds from debt issuance Interest on investments 15,518 3,268 2,992-1, ,193 2,366 26,989 1, ,482 2,981 Total estimated revenue 108,550,760 6,310,683 2,524,002-1,165 5,452,067-2,066, ,393 1,039, ,765,871 4,055, , ,782 5,387,303 Estimated operating transfers in - - 4,427, , ,538 4,845, , , ,664 Total Estimated Financing Sources 108,550,760 6,310,683 6,951,268-1,165 5,452,067 10,500 2,066, ,393 1,446, ,611,175 4,509, , ,782 5,996,967 Personnel services 76,639, ,284, , ,092-80,733,592-6,282 55,016 61,298 Supplies 4,091, , ,995-9,000 29,210-4,323, ,400 Other operating expense 25,053,889 1,345,392 2,206, ,950 1,296,673-1,272, ,747-31,743,524 3,756, , ,406 4,211,901 Utilities 3,916, ,000 64, ,008, ,000 4,000 Capital outlay 251, , , , , , ,205 Capital outlay-projects - 1,751,577 4,696, ,991,233 8,439, Debt service: - Principal , ,793 Interest and fiscal charges , , ,401 Expenditures allocated out (5,595,176) (5,595,176) Undistributed appropriations 376, ,000 10,500-2, , Total expenditure appropriations 104,733,546 3,096,969 6,902, ,485 5,260,661 10,500 1,481, ,649 1,991, ,985,042 4,598, , ,427 5,578,998 Operating transfers out appropriation 2,380,038 2,900, ,266 10,000-5,875, , ,664 Total Appropriations 107,113,584 5,996,969 6,902, ,485 5,260,661 10,500 2,066, ,649 1,991, ,860,346 4,598, , ,091 6,033,662 Over (Under) Appropriations 1,437, ,714 48,624 - (654,320) 191, (41,256) (544,515) 750,829 (88,268) 109,882 (58,309) (36,695) Fund Balance-July 1, ,622,735 5,711,256 4,806, ,801 1,926, ,299 1,150, ,972 2,252,775 9,889,064 51,193,743 (9,160,153) 628,580 2,469,013 (6,062,560) sources over (under) uses 5,698,541 (4,857,216) (3,536,483) (761,801) (1,082,098) 151,828 (1,150,640) - (140,135) 1,898,751 (3,779,253) (553,536) (194,120) (720,003) (1,467,659) Add debt principal relief , ,586 Less unexpended project appropriations Less projected reserves Projected Fund Balance-June 30, 2016 $ 30,758,452 $ 1,167,754 $ 1,318,552 $ - $ 190,372 $ 907,533 $ - $ 507,972 $ 2,071,384 $ 11,243,300 $ 48,165,319 $ (9,213,371) $ 544,342 $ 1,690,701 $ (6,978,328)

2 REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE ALL GOVERNMENTAL FUND TYPES YEAR ENDED JUNE 30, 2017 Camp Drug General General Brownfield West Dbn East Dbn Component Major Local Dearborn Law Designated Community Tele- Capital Government Redevelopment Downtown Dev Downtown Dev Units General Street Street Operating Enforcement Library Purposes Development Communications Improvement Combined Authority Authority Authority Combined Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total Fund Fund Fund Total Taxes & penalties on taxes $ 74,195,955 $468,990 $746,010 $ - $ - $ 5,218,280 $ - $ - $ - $ - $ 80,629,235 $ 4,187,922 $ 488,000 $ 815,300 $ 5,491,222 Licenses and permits 1,919, ,919, Intergovernmental revenues: State sources 9,872,588 5,800,000 1,775, , ,503, Federal sources ,500, ,500, Other sources , ,000-27,000-27,000 Sales Charges for services 12,656, , ,714 12,739, Fines and forfeits 4,083, , ,163, Rents and royalties 5,545, , ,000-6,368, Proceeds from land sales Miscellaneous revenue 350,725 38, , ,200 1, , Private source contributions 165, , Proceeds from debt issuance Interest on investments 18,831 3,966 3,631-1, ,448 2,872 32,753 1, ,798 3,617 Total estimated revenue 108,808,352 6,311,381 2,524,641-1,414 5,497,071-1,500, ,648 39, ,504,193 4,189, , ,098 5,521,839 Estimated operating transfers in - - 3,900, , ,538 4,260, , , ,664 Total Estimated Financing Sources 108,808,352 6,311,381 6,424,641-1,414 5,497,071 10,500 1,500, , , ,764,231 4,643, , ,098 6,131,503 Personnel services 78,396, ,344, , ,542-82,561,776-6,265 54,867 61,132 Supplies 3,958, ,535 85,595-9,000 28,135-4,164, ,400 Other operating expense 23,452,304 1,345,392 2,206, ,250 1,583,309-1,291, ,602-30,433,375 3,890, , ,406 4,346,014 Utilities 3,938, ,000 64, ,030, ,000 4,000 Capital outlay 153, , , , Capital outlay-projects - 1,813,825 4,267, ,640 6,619, Debt service: Principal , , ,793 Interest and fiscal charges , ,868 Expenditures allocated out (5,562,926) (5,562,926) Undistributed appropriations 374, (434,999) 10,000 10,500-2,000 - (38,245) Total expenditure appropriations 104,711,611 3,159,217 6,474, ,786 5,537,273 10,500 1,500, , , ,951,379 4,731, , ,073 5,593,207 Operating transfers out appropriation 2,105,038 2,900, ,000-5,015, , ,664 Total Appropriations 106,816,649 6,059,217 6,474, ,786 5,537,273 10,500 1,500, , , ,966,417 4,731, , ,737 6,047,871 Over (Under) Appropriations 1,991, ,164 (49,432) - (190,372) (40,202) - - (17,631) (148,416) 1,797,814 (87,711) 109,982 61,361 83,632 Fund Balance-July 1, ,622,735 5,711,256 4,806, ,801 1,926, ,299 1,150, ,972 2,252,775 11,787,815 53,092,494 (9,160,153) 628,580 2,469,013 (6,062,560) sources over (under) uses 5,698,541 (4,857,216) (3,536,483) (761,801) (1,082,098) 151,828 (1,150,640) - (140,135) (544,515) (6,222,519) (553,536) (194,120) (720,003) (1,467,659) Add debt principal relief , ,379 FY projected fin sources over (under) uses 1,437, ,714 48,624 - (654,320) 191, (41,256) - 1,295,344 (88,268) 109,882 (58,309) (36,695) Less projected reserves Projected Fund Balance-June 30, 2017 $ 32,750,155 $ 1,419,918 $ 1,269,120 $ - $ - $ 867,331 $ - $ 507,972 $ 2,053,753 $ 11,094,884 $ 49,963,133 $ (8,994,289) $ 654,324 $ 1,752,062 $ (6,587,903)

3 REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE ALL GOVERNMENTAL FUND TYPES YEAR ENDED JUNE 30, 2018 Camp Drug General General Brownfield West Dbn East Dbn Component Major Local Dearborn Law Designated Community Tele- Capital Government Redevelopment Downtown Dev Downtown Dev Units General Street Street Operating Enforcement Library Purposes Development Communications Improvement Combined Authority Authority Authority Combined Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total Fund Fund Fund Total Taxes & penalties on taxes $ 62,494,735 $469,000 $746,000 $ - $ - $ 5,274,180 $ - $ - $ - $ - $ 68,983,915 $ 4,219,422 $ 488,000 $ 815,300 $ 5,522,722 Licenses and permits 1,912, ,912, Intergovernmental revenues: State sources 9,876,788 5,800,000 1,775, , ,509, Federal sources ,500, ,500, Other sources , ,000-27,000-27,000 Sales Charges for services 12,580, , ,714 12,663, Fines and forfeits 4,083, , ,163, Rents and royalties 5,899, , ,000-6,721, Proceeds from land sales Miscellaneous revenue 355,695 38, , ,200 1, , Private source contributions 165, , Proceeds from debt issuance Interest on investments 22,152 4,665 4,271-1, ,703 3,378 38,527 1, ,115 4,254 Total estimated revenue 97,390,768 6,312,090 2,525,271-1,663 5,555,075-1,500, ,903 40, ,146,962 4,221, , ,415 5,553,976 Estimated operating transfers in - - 3,900, , ,910, , , ,664 Total Estimated Financing Sources 97,390,768 6,312,090 6,425,271-1,663 5,555,075 10,500 1,500, ,903 40, ,057,462 4,675, , ,415 6,163,640 Personnel services 80,175, ,413, , ,012-84,420,531-6,265 92,609 98,874 Supplies 3,977, ,035 86,095-9,000 30,380-4,187, ,400 Other operating expense 22,808,516 1,345,392 2,246, ,750 1,439,643-1,291, ,612-29,693,341 3,923, , ,406 4,378,764 Utilities 3,940, ,000 64, ,032, ,000 4,000 Capital outlay 62, , , , , Capital outlay-projects - 1,813,825 3,917, ,377 6,271, Debt service: Principal , ,793 Interest and fiscal charges , , ,277 Expenditures allocated out (5,591,926) (5,591,926) Undistributed appropriations 371, (626,122) 10,000 10,500-2,000 - (231,975) Total expenditure appropriations 105,743,642 3,159,217 6,163,983-1,663 5,471,044 10,500 1,500, , , ,459,410 4,762, , ,815 5,662,108 Operating transfers out appropriation 1,705,500 2,900, ,000-4,615, , ,664 Total Appropriations 107,449,142 6,059,217 6,163,983-1,663 5,471,044 10,500 1,500, , , ,074,910 4,762, , ,479 6,116,772 Over (Under) Appropriations (10,058,374) 252, , , (57,081) (500,185) (10,017,448) (87,133) 110,065 23,936 46,868 Fund Balance-July 1, ,622,735 5,711,256 4,806, ,801 1,926, ,299 1,150, ,972 2,252,775 11,243,300 52,547,979 (9,160,153) 628,580 2,469,013 (6,062,560) sources over (under) uses 5,698,541 (4,857,216) (3,536,483) (761,801) (1,082,098) 151,828 (1,150,640) - (140,135) (148,416) (5,826,420) (553,536) (194,120) (720,003) (1,467,659) Add debt principal relief ,212, ,212,172 FY and projected financing sources over (under) uses 3,428, ,878 (808) - (844,692) 151, (58,887) - 3,241,574 (175,979) 219,864 3,052 46,937 Less projected reserves Projected Fund Balance-June 30, 2018 $ 22,691,781 $ 1,672,791 $ 1,530,408 $ - $ - $ 951,362 $ - $ 507,972 $ 1,996,672 $ 10,594,699 $ 39,945,685 $ (8,764,629) $ 764,389 $ 1,775,998 $ (6,224,242)

4 REVENUE, EXPENDITURES AND CHANGES IN RETAINED EARNINGS ALL PROPRIETARY FUND TYPES AND BUDGETED FIDUCIARY FUNDS YEAR ENDED JUNE 30, 2016 Senior Fleet and Proprietary Retiree Defined Post Fiduciary Parking Apartment Golf Information Fleet Workers General Employee Funds Death Benefit Employment Funds System Operating Course Sewer Water Systems Facilities Replacement Comp Liability Insurance Combined Benefit Retirement Health Care Combined Funds Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total Fund Funds Fund Total Sales $ - $ - $ - $ 23,285,000 $ 12,667,500 $ - $ - $ - $ - $ - $ - $ 35,952,500 $ - $ - $ - $ - Charges for services - 796,834-7,558,000 5,018,666 1,912,954 4,321, ,607, Engineering services ,930, ,930, Delinquent transfer fee , , , Rents and royalties - 1,810, ,500 2,804,970 2,944, ,932, Insurance premiums ,718 1,000,000 19,076,321 20,561,039-12,563,364 12,563,364 Retirees' death benefit insurance , ,000 Miscellaneous revenue - 59, ,075 66, ,000 5, ,317-27, , ,500 Proceeds from long term debt Taxes and penalties on taxes ,999, ,999, Penalties , , ,706, Contributions , ,400 50,000 14,420,589-14,470,589 Investment income - 5,248-9,845 3,839 2,982 6,861 3,239 1,760 3,228 1,972 38, ,338,700 4,229,251 37,568,588 Total estimated revenue - 2,671,583-47,296,720 20,817,455 2,288,436 7,351,584 3,022, ,478 1,003,228 19,078, ,021,550 63,637 47,786,789 17,167,615 65,018,041 Estimated operating transfers in , ,000-1,075, Total Estimated Financing Sources - 2,671,583-47,296,720 20,817,455 2,288,436 7,351,584 3,272, ,478 1,828,228 19,078, ,096,550 63,637 47,786,789 17,167,615 65,018,041 Personnel services - 1,652,933-2,428,525 5,703,288 1,120,874 2,584, ,489, Contractual services - 123,326-1,811,120 1,042, , , , ,400 3,701,265-1,911, ,000 2,030,400 Insurance and bonds - 70,000-93,700 56,700 8, , ,000 19,112,750 20,793,050-20,800-20,800 Insurance benefits/annuities ,000 34,208,000 10,920,000 45,188,000 Claims and judgements ,100,000-1,100, Utilities - 454, ,400 16,300-1,532, ,449, Repair and maintenance - 225,392-1,141,800 61,300 80, , ,638, Supplies - 70, , ,450 82, , ,504,160-37,000-37,000 Cost of sales ,375,600 8,836, ,212, Taxes Miscellaneous - 66, , , ,500 59,925 2, , , Capital outlay , ,000 73,820 1,313,742 3,733, ,778, Capital outlay-projects - 153,579-5,020,000 4,250,000 1,250, ,673, Expenses allocated out (600,000) - (283,068) (883,068) Debt Service: - - Principal ,145,000 60,000-1,435, ,640, Interest and fiscal charges ,691,316 14, , ,958, Total expenditure appropriations - 2,816,650-48,795,909 21,083,134 3,093,850 7,358,092 3,735, ,500 2,082,500 19,287, ,903,785 60,000 36,177,200 11,039,000 47,276,200 Operating transfers out appropriation , , Total Appropriations - 2,816,650-48,795,909 21,084,992 3,093,850 7,358,092 3,735, ,500 2,082,500 19,287, ,905,643 60,000 36,177,200 11,039,000 47,276,200 Over (Under) Appropriations - (145,067) - (1,499,189) (267,537) (805,414) (6,508) (462,227) (160,022) (254,272) (208,857) (3,809,093) 3,637 11,609,589 6,128,615 17,741,841 Retained Earnings-July 1, ,002,189 11,005,128 1,176, ,630,925 75,630,812 4,837,851 68,004,303 9,542,431 2,324,325 2,719,955 3,445, ,319, , ,236,644 53,903, ,521,690 sources over (under) uses (12,938,372) (145,195) (1,176,451) (57,354,054) (7,442,343) (3,078,460) 6,604,446 (2,266,357) (87,707) 284,463 (250,177) (77,850,207) (46,363) 13,199,063 4,702,795 17,855,495 Add debt principal relief ,380, ,245, ,625, Add capitalization of interest expense Add capitalization of fixed assets - 496, ,686,515 16,601,674 8,863,430 5,667,712 8,575, ,891, Add contribution from contributed capital Add transfer of depreciation Less depreciation estimate - 470,812-7,398, ,428 4,566,380 2,235, ,016, Less bond proceeds Less unexpended project appropriations Less projected reserve requirements Projected Retained Earnings-June 30, 2016 $ 63,817 $ 10,740,579 $ - $ 240,445,381 $ 84,522,606 $ 9,472,979 $ 77,948,573 $ 13,153,505 $ 2,076,596 $ 2,750,146 $ 2,986,277 $ 444,160,459 $ 338,592 $ 485,045,296 $ 64,735,138 $ 550,119,026

5 REVENUE, EXPENDITURES AND CHANGES IN RETAINED EARNINGS ALL PROPRIETARY FUND TYPES AND BUDGETED FIDUCIARY FUNDS YEAR ENDED JUNE 30, 2017 Senior Fleet and Proprietary Retiree Defined Post Fiduciary Parking Apartment Golf Information Fleet Workers General Employee Funds Death Benefit Employment Funds System Operating Course Sewer Water Systems Facilities Replacement Comp Liability Insurance Combined Benefit Retirement Health Care Combined Funds Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total Fund Funds Fund Total Sales $ - $ - $ - $ 22,986,402 $ 13,047,300 $ - $ - $ - $ - $ - $ - $ 36,033,702 $ - $ - $ - - Charges for services - 822,753-6,778,592 5,163,409 1,923,921 4,036, ,724, Engineering services ,930, ,930, Delinquent transfer fee , , , Rents and royalties - 1,834, ,820 1,804,402 2,554, ,533, Insurance premiums ,413 1,000,000 20,013,216 21,506,629-13,130,565 13,130,565 Retirees' death benefit insurance , ,000 Miscellaneous revenue - 60, ,150 66, ,000 5, ,934-27, , ,500 Proceeds from long term debt Taxes and penalties on taxes ,020, ,020, Penalties , , ,706, Contributions ,000 14,485,809-14,535,809 Investment Income - 6,368-11,948 4,659 3,618 8,325 3,931 2,136 3,917 2,393 47, ,153,700 4,565,676 38,720,064 Total estimated revenue - 2,724,057-46,250,092 21,342,818 2,268,359 5,848,819 2,633, ,549 1,003,917 20,015, ,587,585 63,688 48,667,009 18,071,241 66,801,938 Estimated operating transfers in , , Total Estimated Financing Sources - 2,724,057-46,250,092 21,342,818 2,268,359 5,848,819 2,633, ,549 1,553,917 20,015, ,137,585 63,688 48,667,009 18,071,241 66,801,938 Personnel services - 1,683,791-2,486,211 5,824,579 1,201,005 2,642, ,837, Contractual services - 115,752-1,820,248 1,051, , , , ,400 3,714,335-1,971, ,000 2,108,400 Insurance and bonds - 70,000-93,700 56,700 8, , ,000 20,043,400 21,828,700-21,800-21,800 Insurance benefits/annuities ,000 35,489,000 11,465,000 47,014,000 Claims and judgements ,100,000-1,100, Utilities - 467, ,700 16,300-1,547, ,491, Repair and maintenance - 222,418-1,143,800 61,300 80, , ,642, Supplies - 73, , ,450 70, , ,539,070-34,500-34,500 Cost of sales ,926,869 9,100, ,027, Taxes Miscellaneous - 66, , ,914 90,820 59,925 2, , , Capital outlay - 60, , ,000 73,950-2,077, ,731, Capital outlay-projects - 491,721-5,020,000 4,250, , , ,915, Expenses allocated out (600,000) - (286,706) (886,706) Debt Service: - Principal ,510,000 60, , ,225, Interest and fiscal charges ,389,566 13, , ,586, Total expenditure appropriations - 3,250,983-47,479,042 21,409,316 2,130,706 6,167,390 2,079, ,500 2,186,700 20,217, ,578,072 60,000 37,516,700 11,602,000 49,178,700 Operating transfers out appropriation , , Total Appropriations - 3,250,983-47,479,042 21,411,174 2,130,706 6,167,390 2,079, ,500 2,186,700 20,217, ,579,930 60,000 37,516,700 11,602,000 49,178,700 Over (Under) Appropriations - (526,926) - (1,228,950) (68,356) 137,653 (318,571) 553,730 (155,951) (632,783) (202,191) (2,442,345) 3,688 11,150,309 6,469,241 17,623,238 Retained Earnings-July 1, ,002,189 11,005,128 1,176, ,630,925 75,630,812 4,837,851 68,004,303 9,542,431 2,324,325 2,719,955 3,445, ,319, , ,236,644 53,903, ,521,690 sources over (under) uses (12,938,372) (145,195) (1,176,451) (57,354,054) (7,442,343) (3,078,460) 6,604,446 (2,266,357) (87,707) 284,463 (250,177) (77,850,207) (46,363) 13,199,063 4,702,795 17,855,495 Add debt principal relief ,705, ,900, ,605, Add capitalization of interest expense Add capitalization of fixed assets - 1,048, ,826,515 21,231,674 9,204,250 6,571,320 10,653, ,535, Add contribution from contributed capital Add transfer of depreciation Less depreciation estimate - 706,218-11,098, ,642 6,849,570 3,353, ,524, Less bond proceeds Less unexpended project appropriations Less projected reserve requirements FY projected fin sources over (under) uses - (145,067) - (1,499,189) (267,537) (805,414) (6,508) (462,227) (160,022) (254,272) (208,857) (3,809,093) 3,637 11,609,589 6,128,615 17,741,841 Projected Retained Earnings-June 30, 2017 $ 63,817 $ 10,529,968 $ - $ 240,982,023 $ 89,084,250 $ 9,779,238 $ 76,905,420 $ 14,666,873 $ 1,920,645 $ 2,117,363 $ 2,784,086 $ 448,833,683 $ 342,280 $ 496,195,605 $ 71,204,379 $ 567,742,264

6 REVENUE, EXPENDITURES AND CHANGES IN RETAINED EARNINGS ALL PROPRIETARY FUND TYPES AND BUDGETED FIDUCIARY FUNDS YEAR ENDED JUNE 30, 2018 Senior Fleet and Proprietary Retiree Defined Post Fiduciary Parking Apartment Golf Information Fleet Workers General Employee Funds Death Benefit Employment Funds System Operating Course Sewer Water Systems Facilities Replacement Comp Liability Insurance Combined Benefit Retirement Health Care Combined Funds Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total Fund Funds Fund Total Sales $ - $ - $ - $ 23,675,994 $ 13,438,494 $ - $ - $ - $ - $ - $ - $ 37,114,488 $ - $ - $ - - Charges for services - 829,779-6,972,950 5,312,494 1,951,988 4,116, ,184, Engineering services ,931, ,931, Delinquent transfer fee , , , Rents and royalties - 1,855, ,180 1,368,650 2,229, ,782, Insurance premiums ,027 1,000,000 20,961,442 22,463, ,786,195 13,786,195 Retirees' death benefit insurance , ,000 Miscellaneous revenue - 62, ,915 66, ,000 5, ,709-27, , ,500 Proceeds from long term debt Taxes and penalties on taxes ,351, ,351, Penalties , , ,706, Contributions ,000 14,550,339-14,600,339 Investment Income - 7,491-14,054 5,481 4,256 9,794 4,624 2,513 4,608 2,815 55, ,938,700 4,883,488 39,822,926 Total estimated revenue - 2,755,349-47,464,713 21,884,319 2,285,424 5,495,258 2,309, ,540 1,004,608 20,964, ,672,626 63,738 49,516,539 19,044,683 68,624,960 Estimated operating transfers in , , Total Estimated Financing Sources - 2,755,349-47,464,713 21,884,319 2,285,424 5,495,258 2,309, ,540 1,504,608 20,964, ,172,626 63,738 49,516,539 19,044,683 68,624,960 Personnel services ,550,150 5,939,042 1,230,350 2,705, ,425, Contractual services - 1,717,534-1,831,719 1,065, , , , ,400 5,338,545-2,006, ,000 2,125,400 Insurance and bonds - 117,874-93,700 56,700 8, , ,000 21,032,750 22,920,924-22,800-22,800 Insurance benefits/annuities ,000 36,858,000 12,015,000 48,933,000 Claims and judgements ,100,000-1,100, Utilities - 70, ,400 16,300-1,563, ,123, Repair and maintenance - 484,294-1,143,800 61,300 83, , ,912, Supplies - 232, , ,450 70, , ,700,909-37,000-37,000 Cost of sales ,494,674 9,372, ,867, Taxes Miscellaneous - 133, , ,307 79,180 59,925 2, , , Capital outlay - 8,000-90, ,000 74,080-1,885, ,378, Capital outlay-projects ,000,000 4,250, , , ,201, Expenses allocated out (600,000) - (295,344) (895,344) Debt Service: - - Principal ,240,000 60, , ,740, Interest and fiscal charges ,142,254 11, , ,308, Total expenditure appropriations - 2,763,781-48,568,645 21,745,139 2,151,041 5,801,013 1,887, ,500 2,234,500 21,207, ,020,731 60,000 38,924,200 12,134,000 51,118,200 Operating transfers out appropriation , , Total Appropriations - 2,763,781-48,568,645 21,746,997 2,151,041 5,801,013 1,887, ,500 2,234,500 21,207, ,022,589 60,000 38,924,200 12,134,000 51,118,200 Over (Under) Appropriations - (8,432) - (1,103,932) 137, ,383 (305,755) 421,196 (151,960) (729,892) (242,893) (1,849,963) 3,738 10,592,339 6,910,683 17,506,760 Retained Earnings-July 1, ,002,189 11,005,128 1,176, ,630,925 75,630,812 4,837,851 68,004,303 9,542,431 2,324,325 2,719,955 3,445, ,319, , ,236,644 53,903, ,521,690 sources over (under) uses (12,938,372) (145,195) (1,176,451) (57,354,054) (7,442,343) (3,078,460) 6,604,446 (2,266,357) (87,707) 284,463 (250,177) (77,850,207) (46,363) 13,199,063 4,702,795 17,855,495 Add debt principal relief ,035, ,340, ,375, Add capitalization of interest expense Add capitalization of fixed assets - 1,048, ,916,515 25,801,674 9,533,430 7,273,178 12,539, ,112, Add contribution from contributed capital Add transfer of depreciation Less depreciation estimate - 941,624-14,797, ,856 9,132,760 4,471, ,032, Less bond proceeds Less unexpended project appropriations Less projected reserve requirements FY and projected fin sources over (under) uses - (671,993) - (2,728,139) (335,893) (667,761) (325,079) 91,503 (315,973) (887,055) (411,048) (6,251,438) 7,325 22,759,898 12,597,856 35,365,079 Projected Retained Earnings-June 30, 2018 $ 63,817 $ 10,286,130 $ - $ 241,598,683 $ 93,791,572 $ 10,070,587 $ 75,458,333 $ 15,856,034 $ 1,768,685 $ 1,387,471 $ 2,541,193 $ 452,822,505 $ 346,018 $ 506,787,944 $ 78,115,062 $ 585,249,024