Page 185 - Moreno Valley 2025 Annual Financial Report
P. 185
City of Moreno Valley, California
2024 REFUNDING OF 2014 LEASE REVENUE BONDS
Budgetary Comparison Schedule
For the Year Ended June 30, 2025
Budgeted Amounts Variance with
Original Final Actual Final Budget
Revenues
Miscellaneous $ - $ 89,750 $ 89,750 $ -
Total revenues - 89,750 89,750 -
Expenditures
Current
General government - 494,434 461,730 32,704
Debt service
Principal retirement - 1,565,550 1,565,550 -
Interest - 685,000 683,922 1,078
Total expenditures - 2,744,984 2,711,202 33,782
Excess (deficiency) of revenues over expenditures - (2,655,234) (2,621,452) 33,782
Other financing sources (uses)
Transfers in - 8,233,184 8,232,728 (456)
Transfers out - (21,495,950) (21,495,847) 103
Refunding bonds issued - 19,645,500 19,645,416 (84)
Bond premium/(discount) - 2,263,000 2,262,806 (194)
Total other financing sources (uses) - 8,645,734 8,645,103 (631)
Net change in fund balances - 5,990,500 6,023,651 33,151
Fund balances - beginning of year - - - -
Fund balances - end of year $ - $ 5,990,500 $ 6,023,651 $ 33,151
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