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DEBT SERVICE FUND
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DEBT SERVICE FUND
Debt Service Funds are used for the purpose of accumulating resources for the
payment of interest and principal and related cost of General Government long
term debt as follows:
• City of Gulf Breeze Loan
• Sun Bank Leasing
• Ponte Vedra National Lease
• Barnett Bank vehicle and equipment lease
• Suntrust Loan which refinanced City Hall, park
improvements and renovations to Public Safety building.
101
CITY OF ATLANTIC BEACH
DEBT SERVICE FUND
COMDINED SUMMARY OF REVENUES ANO EXPENDITURES
REVISED
ACTUAL ACTUAL BUDGET BUDGET INCREASE
1993434 1994-95 199598 1998-97 DECREASE
Cesh Corry FRrwanl _ 37.839 93.020 138.428 138.427 1
RFVFNt IFS
Ad Vabrem Taxes
44,428
39,579
Tramfer korrr General Fund 473,782 378,128 1,028,609 307,917 (720,892)
Tramfer Born Ges Tax Fund 313.137 351,929 307,554 208,985 (98,569)
Tramfer from Waler Wlity Fund 40,911
Interest Eem4gs (383) 5.819
TOTAL REVENUES 871.855 773.154 1.978.183 518.902 (819.281)
OTHER FINANCING SOURCES 8.200
TOTAL RESOURCES 915.894 888,474 1.472.589 853.329 (819.2801
FXP NDI tR c
Debt Servke Fund
_ 822.874 730.048 1.338.162 ~
814.903
(721259)
TOTAL EXPENDITURES 922.874 _ 730.048 1.338.182 814.903 021.259)
OTHER FINANCING USES
CASH RESERVES _ 93.020 138A28 138.427 98.128 (98,001)
TOTAL EXPENDITURES AND
CASH RESERVES 915.894 _ 80Q.471 1,472_589 853.329 4819.280)
RFC_OURCE Al l_OCATION•
Personal Services
Operatirp Expenses
Capital ONlay
Debt Serer 922,674 710,048 1,338,162 614,903 (721,259)
Translors
TOTAL _ 822.874 73ps8 1 ?39.182_ 814.903 (721.2591
1l)2
CETY OF ATLANTIC BEACH
DIVISIONAL EXPENDITURES
DEBT SERVICE FUND
DEBT SERVICE
REVISED
ACTUAL ACTUAL BUDGET DUDGET INCREASE
1993-94 ~ 1994-95 1995-98 1998-97 DECREASE
PERSONAL SERVICE
WAGES
Salaries errd wages
Over9rte
SpedalPay
SUB-TOTAL
BENEFITS
FICA
Pension
Heats Insurance
Worlca 8 UnemPloy Cane
SUB-TOTAL
7ota1 WAGES
end BENEFITS
Professional Services
Aaantirq, Auditing
CoMredual Services
Travel, 7reinlrg
Communieatbn
Postage
Uliltties
Rentals. Leases
Insurence
Repair, Maintenance
prtntirp, PubfisNrg
Advertising, Proration
OUrer Current Charges
Olfice Supplies
Operetirq Supplies
Books, Sub, Memberships
Internal Service t~arges
Total Operating Expanses
~PITAL OUTLAY:
Lend
Buildups
Other Improvemeris
Equipment
Construction kr Progross
Total Capttet Outlay
DEBT SERVICE:
Principal
Inlorest
Other
7otei Debt Service
TRANS
70
To
Other
Total Trenslore
DIVISION TOTALS:
655,806 581,321 1,166,959
166,684 148,543 169,203
184 184
822,874 730,048 1,338,162
487,729 1683,230)
131,174 (38,029)
614,903 (721,259)
822.674 730.048 1.336.182 814.903 021.2591
103