Debt Service Funds
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DEB ~" SER V/CE 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:
• 1985 Florida Municipal Loan _
• City of Gulf Breeze Loan
• Sun Bank Leasing
• Ponte Vedra National Lease _
• Proposed new vehicle and equipment lease
• Proposed refinancing of City Hall and other City projects.
93
CITY OF ATLANTIC BEACH
DEBT SERVICE FUND
COMBINED SUMMARY OF REVENUES AND EXPENDITURES
REVISED
ACTUAL ACTUAL BUDGET BUDGET INCREASE
1992-93 1993-94 1994-95 1995-98 DECREASE
Cash Certv Forward 43,503 97.839 93,020 94.451 1.434
REVEN~E$
Ad Vabrem Taxes
38,192
44,428
47.168
(43,166)
Transfer howl General Fund 347,112 473,762 378,128 1,028,809 852
491
Translar born Gas Tex Fund 308,262 313,137 351,929 307,554 ,
(44,375)
Translor Irorrl Water Utility Fund 40.911
Interest Eamlrgs 1.660 (3831
TOTAL REVENUES 895.228 871.855 771.223 1.338.183 564.940
OTHER FINANCING SOURCES _ 6.200
TOTAL RESOURCES
~pENDITLIRES
Debt Service Fund
691.530
622.671 769.789
1.336.162 566.373
TOTAL EXPENDITURES 891.530 622.874 _ 789.789 1.338.182 _ 568.373
OTHER FINANCING USES 9.560
CASH RESERVES 97.639 93.020 94.454 94.455 1
TOTAL EXPENDITURES AND
CASH RESERVES 738.729 _ 915,89! 881.243 1.430.817 588.374
RFSO IR - I I O ATION•
Personal Services
Operatlnp Expenses
Capital Ou1Wy
Dent ~^'~ 691,530 822,674 769,789 1,336,162 568,373
Trarlslers
TOTAL 891.530 622.874 789.789 1.3?8.182 588.373
94
CITY OF ATLANTIC BEACH
DMSIONAL EXPENDITURES
DEBT SERVICE FUND
DEBT SERVICE
REVISED
ACTUAL ACTUAL BUDGET BUDGET INCREASE
1992-93 1983-94 11194-95 199598 DECREASE
PERSONAL SERVICE
WAGES
SaWrWs and Wages
Ovortimo
Spedal Pay
SUB-TOTAL
BENEFITS
FICA
Pension
Fbatlh Insurence
Worker b Unempby Comp
SUET-TOTAL
Total WAGES
and BENEFITS
Professional Servkes
Accounting, Auditirq
Conlredual SenAces
Travel, Training
Communkatfon
Postage
Utilities
Rentals, Leases
Instuance
Repairs, Maintenance
Prtntlrq, Publishirq
Advertising. Promoliat
Other Current Charges
Office Supplies
Operetirq Supplies
Books, Sub, Memberships
Internal Service Chargos
Total Oparetinp brpensea
CAPITAI OSIT AY•
Lend
Bindings
Other Improvements
Equipment
CortstruUion h Progress
Total Capital Outlay
DEBT SERVICE'
Prindpal
Interest
Other
Total Debt SoMoe
TF~' ANSFERS~
To
To
Other
Total Trensfen
502,549 655,808 814,218 1,071,020 458,804
168,631 168,694 155,573 265,742 709,569
350 184
891,530 822,874 769,789 1,338,162 568,373
697.530 _ 822,874 769.789 1.338,162 - 568.373 'i
95