Page 182 - Moreno Valley 2025 Annual Financial Report
P. 182
City of Moreno Valley, California
2014 REFUNDING OF 2005 LEASE REVENUE BONDS
Budgetary Comparison Schedule
For the Year Ended June 30, 2025
Budgeted Amounts Variance with
Original Final Actual Final Budget
Revenues
Use of money and property $ - $ 281,300 $ 281,335 $ 35
Total revenues - 281,300 281,335 35
Expenditures
Current
General government 3,758 500 447 53
Debt service
Principal retirement 1,355,319 21,305,000 21,304,899 101
Interest 910,591 472,250 472,237 13
Total expenditures 2,269,668 21,777,750 21,777,583 167
Excess (deficiency) of revenues over expenditures (2,269,668) (21,496,450) (21,496,248) 202
Other financing sources (uses)
Transfers in 2,269,668 21,496,450 21,495,847 (603)
Transfers out - (5,990,500) (5,990,044) 456
Total other financing sources (uses) 2,269,668 15,505,950 15,505,803 (147)
Net change in fund balances - (5,990,500) (5,990,445) 55
Fund balances - beginning of year 5,990,445 5,990,445 5,990,445 -
Fund balances - end of year $ 5,990,445 $ (55) $ - $ 55
160
