City of Monroe
ProfArgeol
other_governmental_funds_template.xlsCapital Projects Fund
| CITY HALL ANNEX CAPITAL PROJECTS FUND | CONTRACTS PAYABLE | |||||||||||||||||
| reference | Account Titles | Debits | Credits | CASH | ACCOUNTS PAYABLE | RETAINED PERCENTAGE | ||||||||||||
| 5-C-1 | ||||||||||||||||||
| 1 | ||||||||||||||||||
| - | - | - | ||||||||||||||||
| DUE FROM STATE | BUDGETARY FUND BALANCE | |||||||||||||||||
| GOVERNMENT | ENCUMBRANCES | RESERVE FOR ENCUMBRANCES | RESERVE FOR ENCUMBRANCES | |||||||||||||||
| - | ||||||||||||||||||
| - | - | |||||||||||||||||
| CAPITAL | OTHER FIN. USES | |||||||||||||||||
| EXPENDITURES | TRANSFERS OUT | |||||||||||||||||
| - | - | |||||||||||||||||
| REVENUES | OTHER FIN. SOURCES | OTHER FIN. SOURCES | ||||||||||||||||
| INTERGOVERNMENTAL | BOND PROCEEDS | BOND PREMIUM | ||||||||||||||||
| - | - | - |
&L&"Arial,Bold"&14City of Monroe - City Hall Annex Construction Fund
Debt Service Funds
| CASH | FUND BALANCE ASSIGNED | ||||||||||||||||||
| reference | Account Titles | Debits | Credits | CASH | WITH FISCAL AGENT | FOR DEBT SERVICE | |||||||||||||
| CITY HALL DEBT SERVICE FUND | bb | bb | 580,000 | 580,000 | bb | ||||||||||||||
| 5-C-2 | |||||||||||||||||||
| 1 | |||||||||||||||||||
| - | 580,000 | 580,000 | |||||||||||||||||
| EXPENDITURES - | EXPENDITURES - | OTHER FIN. SOURCES | |||||||||||||||||
| BOND INTEREST | BOND PRINCIPAL | TRANSFERS IN | |||||||||||||||||
| - | - | - | |||||||||||||||||
| CASH | |||||||||||||||||||
| reference | Account Titles | Debits | Credits | CASH | WITH FISCAL AGENT | INVESTMENTS | |||||||||||||
| CITY HALL ANNEX DEBT SERVICE FUND | |||||||||||||||||||
| 5-C-3 | |||||||||||||||||||
| 1 | |||||||||||||||||||
| - | - | - | |||||||||||||||||
| EXPENDITURES - | EXPENDITURES - | OTHER FIN. SOURCES | |||||||||||||||||
| BOND INTEREST | BOND PRINCIPAL | TRANSFERS IN | |||||||||||||||||
| - | - | - |
&L&16City of Monroe
Debt Service Funds&C&16
Closing Entries
| CAPITAL PROJECTS FUND | |||||||
| Account Title | Debits | Credits | FUND BALANCE | ||||
| 0 | Preclosing | ||||||
| closing entry | |||||||
| 0 | ending balance | ||||||
| CITY HALL DEBT SERVICE FUND | |||||||
| Account Title | Debits | Credits | FUND BALANCE | ||||
| 580,000 | Preclosing | ||||||
| closing entry | |||||||
| 580,000 | ending balance | ||||||
| CITY HALL ANNEX DEBT SERVICE FUND | |||||||
| Account Title | Debits | Credits | FUND BALANCE | ||||
| 0 | Preclosing | ||||||
| closing entry | |||||||
| 0 | ending balance |
&L&14City of Monroe&C&14
CAPITAL PROJECT AND DEBT SERVICE FUND - Closing Entries
Stmt of revenues & expenditures
| General | Street and Highway | City Hall Debt Service | City Hall Annex Debt Service | City Hall Annex Construction | Total Governmental Funds | |||||||
| Revenues | ||||||||||||
| Property Taxes | $ 6,469,000 | $ 6,469,000 | ||||||||||
| Sales Taxes | 3,115,000 | 3,115,000 | ||||||||||
| Interest | 28,000 | 4,000 | 32,000 | |||||||||
| Licenses and Permits | 800,000 | 800,000 | ||||||||||
| Intergovernmental Revenues | 288,000 | 975,000 | 1,263,000 | |||||||||
| Miscellaneous Revenues | 270,000 | 270,000 | ||||||||||
| Total Revenues | 10,970,000 | 979,000 | - | - | - | 11,949,000 | ||||||
| Expenditures | ||||||||||||
| Current: | ||||||||||||
| General Government | 1,692,300 | 1,692,300 | ||||||||||
| Public Safety | 3,258,700 | 3,258,700 | ||||||||||
| Highways and Streets | 1,441,400 | 896,000 | 2,337,400 | |||||||||
| Sanitation | 591,400 | 591,400 | ||||||||||
| Health | 723,600 | 723,600 | ||||||||||
| Welfare | 373,800 | 373,800 | ||||||||||
| Culture and Recreation | 916,800 | 916,800 | ||||||||||
| Capital Outlay | 445,600 | 445,600 | ||||||||||
| Debt Service | - | |||||||||||
| Principal | - | |||||||||||
| Interest | - | |||||||||||
| Total Expenditures | 9,443,600 | 896,000 | - | - | - | 10,339,600 | ||||||
| Excess (Deficiency) of Revenues Over Expenditures | 1,526,400 | 83,000 | - | - | - | 1,609,400 | ||||||
| Other Financing Sources (Uses) | - | |||||||||||
| Proceeds of Bonds | - | |||||||||||
| Premium on Bonds Sold | - | |||||||||||
| Transfers In | - | |||||||||||
| Transfers Out | (1,256,000) | (1,256,000) | ||||||||||
| Total Other Financing Sources (Uses) | (1,256,000) | - | - | - | - | (1,256,000) | ||||||
| Net Change in Fund Balance | 270,400 | 83,000 | - | - | - | 353,400 | ||||||
| Fund Balance, January 1 | 395,790 | 255,200 | 650,990 | |||||||||
| Fund Balance, December 31 | $ 666,190 | $ 338,200 | $ - | $ - | $ - | $ 1,004,390 |
&L&"Times New Roman,Regular"&14City of Monroe
Statement of Revenues, Expenditures and Changes in Fund Balance
Governmental-type Funds
For the year ended December 31, 2014
Balance Sheet
| General | Street and Highway | City Hall Debt Service | City Hall Annex Debt Service | Total Governmental Funds | ||||||
| Assets | ||||||||||
| Cash | $ 382,400 | $ 62,500 | $ 444,900 | |||||||
| Cash with Fiscal Agent | - | |||||||||
| Investments | $ 55,000 | 55,000 | ||||||||
| Taxes Reveivable - (net) | 97,522 | 97,522 | ||||||||
| Interest & Penalties Receivable - (net) | 28,768 | 28,768 | ||||||||
| Due from State Government | 323,000 | 225,000 | 548,000 | |||||||
| Total Assets | $ 831,690 | $ 342,500 | $ - | $ - | $ 1,174,190 | |||||
| Liabilities and Fund Equity | ||||||||||
| Liabilities | ||||||||||
| Accounts Payable | $ 57,300 | $ 4,300 | $ 61,600 | |||||||
| Deferred Revenues | 50,000 | 50,000 | ||||||||
| Due to Other funds | 58,200 | 58,200 | ||||||||
| Total Liabilities | 165,500 | 4,300 | - | - | 169,800 | |||||
| Fund Balances | ||||||||||
| Restricted for Street & Highway Maintenance | 338,200 | 338,200 | ||||||||
| Assigned for: | - | |||||||||
| Debt Service | - | |||||||||
| Other Purposes | 227,800 | 227,800 | ||||||||
| Unassigned | 438,390 | 438,390 | ||||||||
| Total Fund Equity | 666,190 | 338,200 | - | - | 1,004,390 | |||||
| Total Liabilities and Fund Equity | $ 831,690 | $ 342,500 | $ - | $ - | $ 1,174,190 |
&L&"Times New Roman,Regular"&14City of Monroe
Balance Sheet
Governmental-type Funds
As of December 31, 2014
