Financial
June 2023
Monthly
and Operating Report
Table of Contents General Fund 1 Sales Tax Funds Street Improvements Sales Tax Fund 2 Park Improvements Sales Tax Fund 3 Storm Water Sales Tax Fund 4 Police Public Safety Sales Tax Fund 5 Fire Protection Sales Tax Fund 6 Use Tax Funds Animal Shelter 7 Police 8 Property Tax Levy Funds Health Property Tax Levy 9 Parks and Recreation Property Tax Levy 10 Special Revenue Funds Tourism Fund 11 Independence Square Benefit District 12 Community Development Block Grant Fund 13 Rental Rehabilitation 14 License Surcharge 15 Grants 16 American Rescue Plan (ARP) 17 Enterprise Funds Power and Light 18 - 19 Water 20 - 21 Water Pollution Control 22 - 23 Events Center Debt Service 24 Internal Service Funds Central Garage 25 Staywell Health Care 26 Worker's Compensation 27 Risk Management 28 Finance & Support Services 29 Debt Service Fund Debt Service - Neighborhood Improvement Districts 30 Capital Improvement Funds Street Improvements Capital Project Fund 31 Revolving Public Improvements Capital Project Fund 32 Building and Other Improvements Capital Project Fund 33 Storm Drainage Capital Project Fund 34 Park Improvements Capital Project Fund 35 Private Purpose Expendable Trust Fund - Vaile Mansion 36 Independence Events Center CID 37 Crackerneck Creek TDD 38 Tax Increment Financing Summary 39 Santa Fe TIF 40 Hartman Heritage TIF 41 Drumm Farm TIF 42 Eastland TIF 43 North Independence TIF 44 Crackerneck Creek TIF 45 Old Landfill TIF 46 Trinity TIF 47 HCA TIF 48 Cinema East TIF 49 23rd & Noland Project 1 TIF 50 23rd & Noland Project 2 TIF 51 23rd & Noland Project 3 TIF 52 23rd & Noland Project 4 TIF 53 Independence Square TIF 54 I-70 & Little Blue Parkway Project 1 TIF 55 I-70 & Little Blue Parkway Project 3 TIF 56 Marketplace Project 1 TIF 57 Marketplace Project 2 TIF 58 TIF Supplemental Appropriation Fund 59
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Real Estate Tax $ 5,903,000 5,903,000 5,704,351 (198,649) 96.63% -3.37% Sales Tax 20,635,000 20,635,000 21,312,328 677,328 103.28% 3.28% Use Tax 535,000 535,000 1,023,612 488,612 191.33% 91.33% Cigarette Tax 380,000 380,000 354,634 (25,366) 93.32% -6.68% Franchise Tax 8,344,000 8,344,000 9,231,427 887,427 110.64% 10.64% Licenses and Permits 4,410,950 4,410,950 4,515,591 104,641 102.37% 2.37% Intergovernmental 5,810,000 5,810,000 7,044,053 1,234,053 121.24% 21.24% Charges for Current Services 1,955,400 2,035,236 2,487,731 452,495 122.23% 22.23% Interfund Charges for Support Services 2,354,600 2,354,600 2,354,600 — 100.00% 0.00% Fines and Forfeitures 2,156,000 2,156,000 2,125,275 (30,725) 98.57% -1.43% Investment Income (Loss) 220,000 220,000 243,237 23,237 110.56% 10.56% Other Revenue 750,400 750,400 684,335 (66,065) 91.20% -8.80% Total Revenues 53,454,350 53,534,186 57,081,174 3,546,988 106.63% 6.63% Other Financing Sources: Payments In Lieu of Taxes 20,848,787 20,848,787 21,760,119 911,332 104.37% 4.37% Transfers In — — — — 0.00% -100.00% Operating Transfers In - American Rescue Plan — — — — 0.00% -100.00% Total Other Financing Sources 20,848,787 20,848,787 21,760,119 911,332 104.37% 4.37% Total Revenues and Other Financing Sources 74,303,137 74,382,973 78,841,293 4,458,320 105.99% 5.99% Expenditures: City Council 686,729 896,038 720,478 175,560 80.41% -19.59% City Clerk 266,577 337,897 470,860 (132,963) 139.35% 39.35% City Manager 1,101,987 1,157,647 1,155,994 1,653 99.86% -0.14% Municipal Court 1,687,121 1,687,121 1,539,172 147,949 91.23% -8.77% Law 182,663 182,663 177,064 5,599 96.93% -3.07% Finance 626,644 627,644 622,977 4,667 99.26% -0.74% Community Development 5,387,456 5,308,392 4,953,430 354,962 93.31% -6.69% Police 34,273,528 34,352,364 33,855,143 497,221 98.55% -1.45% Fire 23,811,497 23,625,592 25,373,694 (1,748,102) 107.40% 7.40% Municipal Services (Public Works) 5,972,696 5,999,143 5,421,395 577,748 90.37% -9.63% Parks and Recreation 296,239 296,239 212,419 83,820 71.71% -28.29% Capital Outlay — — 40,000 (40,000) 0.00% -100.00% Total Expenditures 74,293,137 74,470,740 74,542,626 (71,886) 100.10% 0.10% Other Financing Uses: Transfers Out 10,000 10,000 167,358 (157,358) 1673.58% 1573.58% Total Expenditures and Other Financing Uses 74,303,137 74,480,740 74,709,984 (229,244) 100.31% 0.31% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (97,767) 4,131,309 4,229,076 Unassigned Fund Balance at Beginning of Year 6,281,728 Cancellation of prior year encumbrances 50,143 Change in other fund balance components during the year (147,981) Year-end investment market value adjustment (79,298) Ending Unassigned Fund Balance, 06/30/23 10,235,901 Restricted 225,394 Committed 19,059 Assigned 585,157 Total Fund Balance $ 11,065,511
Fund For the period ended June 30, 2023 1
General
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Sales Taxes $ 9,715,000 9,715,000 9,933,180 218,180 102.25% 2.25% Use Tax 268,000 268,000 511,806 243,806 190.97% 90.97% Charges for Services — — — — 0.00% -100.00% Intergovernmental Revenue — — 1,422,926 1,422,926 0.00% -100.00% Investment Income (Loss) 77,000 77,000 639,404 562,404 830.39% 730.39% Other Revenue — — 3,218 3,218 0.00% -100.00% Total Revenues 10,060,000 10,060,000 12,510,534 2,450,534 124.36% 24.36% Other Financing Sources: Transfers in — — 1,729,746 1,729,746 0.00% -100.00% Total other financing sources — — 1,729,746 1,729,746 0.00% -100.00% Total revenues and other financing sources 10,060,000 10,060,000 14,240,280 4,180,280 141.55% 41.55% Expenditures: General Government — — — — 0.00% -100.00% Street Maintenance 1,265,081 1,265,081 874,123 390,958 69.10% -30.90% Capital Outlay 6,556,836 15,996,210 9,732,281 6,263,929 60.84% -39.16% Debt Service 1,744,200 1,744,200 1,744,148 52 100.00% 0.00% Total Expenditures 9,566,117 19,005,491 12,350,552 6,654,939 64.98% -35.02% Other Financing Uses: Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 9,566,117 19,005,491 12,350,552 6,654,939 64.98% -35.02% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 493,883 (8,945,491) 1,889,728 10,835,219 Unassigned Fund Balance at Beginning of Year (101,812) Cancellation of Prior Year Encumbrances 1,719,913 Change in Other Fund Balance Components During the Year (52,851) Year-end investment market value adjustment (83,532) Ending Unassigned Fund Balance, 06/30/23 3,371,446 Fund Balance Components: Restricted - Current Year Encumbrances 4,982,695 Restricted - Prior Year Encumbrances 2,941,934 Restricted - Debt Reserve Project Accounts - Capital Projects 11,473,170 Total Fund Balance $ 22,769,245
Street Improvements Sales Tax Fund For the period ended June 30, 2023 2
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Sales Tax Fund For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Sales Taxes $ 4,858,000 4,858,000 4,966,640 108,640 102.24% 2.24% Use Tax 134,000 134,000 255,895 121,895 190.97% 90.97% Charges for services 474,540 474,540 737,953 263,413 155.51% 55.51% Intergovernmental 88,500 68,000 53,328 (14,672) 78.42% -21.58% Investment Income (Loss) 59,180 59,180 80,229 21,049 135.57% 35.57% Other Revenue 7,500 7,500 43,523 36,023 580.31% 480.31% Total Revenues 5,621,720 5,601,220 6,137,568 536,348 109.58% 9.58% Other Financing Sources: Transfers In — — — — 0.00% -100.00% Transfers In - American Rescue Plan — — — — 0.00% -100.00% Proceeds from Bond Issuance/Capital Lease — — — — 0.00% -100.00% Total Other Financing Sources — — — — 0.00% -100.00% Total Revenues and Other Financing Sources 5,621,720 5,601,220 6,137,568 536,348 109.58% 9.58% Expenditures: Culture and Recreation 5,103,261 5,345,497 4,989,505 355,992 93.34% -6.66% Capital Outlay 993,000 1,633,047 542,398 1,090,649 33.21% -66.79% Debt Service — — — — 0.00% -100.00% Total Expenditures 6,096,261 6,978,544 5,531,903 1,446,641 79.27% -20.73% Other Financing Uses: Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 6,096,261 6,978,544 5,531,903 1,446,641 79.27% -20.73% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (474,541) (1,377,324) 605,665 1,982,989 Unassigned Fund Balance at Beginning of Year 3,054,584 Cancellation of Prior Year Encumbrances 50,338 Change in Other Fund Balance Components During the Year 21,275 Year-end investment market value adjustment (25,633) Ending Unassigned Fund Balance, 06/30/23 3,706,229 Other Fund Balance Components: Restricted - Current Year Encumbrances 37,723 Restricted - Prior Year Encumbrances — Total Fund Balance $ 3,743,952
3
CITY OF INDEPENDENCE, MISSOURI Budgetary
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Sales Taxes $ 4,858,000 4,858,000 4,966,640 108,640 102.24% 2.24% Use Tax 134,000 134,000 255,895 121,895 190.97% 90.97% Charges for Services — — 723 723 0.00% -100.00% Intergovernmental — — — — 0.00% -100.00% Investment Income (loss) 164,000 164,000 313,688 149,688 191.27% 91.27% Other Revenue 7,900 16,685 26,429 9,744 158.40% 58.40% Total revenues 5,163,900 5,172,685 5,563,375 390,690 107.55% 7.55% Expenditures: Storm water Administration 233,009 233,009 228,392 4,617 98.02% -1.98% Maintenance 2,684,530 2,693,315 2,069,272 624,043 76.83% -23.17% Permit completion 318,000 318,000 305,200 12,800 95.97% -4.03% Capital outlay 1,500,000 4,545,291 1,224,901 3,320,390 26.95% -73.05% — Total Expenditures 4,735,539 7,789,615 3,827,765 3,961,850 49.14% -50.86% Other financing uses: Transfers out — — 3,860 (3,860) 0.00% -100.00% Total other financing uses — — 3,860 (3,860) 0.00% -100.00% Total Ependitures and Other Financing Uses 4,735,539 7,789,615 3,831,625 3,957,990 49.19% -50.81% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 428,361 (2,616,930) 1,731,750 4,348,680 Unassigned Fund Balance at Beginning of Year 9,093,308 Cancellation of Prior Year Encumbrances 225,110 Change in Other Fund Balance Components During the Year 19,520 Year-end investment market value adjustment (97,367) Ending Unassigned Fund Balance, 06/30/23 10,972,321 Other Fund Balance Components: Restricted - Current Year Encumbrances 507,697 Restricted - Prior Year Encumbrances 45,248 Restricted - Regional Detention Construction 122,125 Restricted - Regional Detention Maintenance 38,038 Restricted - Emergency Response Relief 500,000 Total Fund Balance $ 12,185,429
Schedule
Water Sales Tax Fund For the period ended June 30, 2023 4
Comparison
Storm
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Police
For
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Sales Taxes $ 2,580,000 2,580,000 2,689,686 109,686 104.25% 4.25% Use Tax 67,000 67,000 127,948 60,948 190.97% 90.97% Investment Income (Loss) 35,000 35,000 68,835 33,835 196.67% 96.67% Other Revenue 7,600 7,600 147,600 140,000 1942.11% 1842.11% Total Revenues 2,689,600 2,689,600 3,034,069 344,469 112.81% 12.81% Expenditures: Public Safety Communications 522,200 515,060 471,270 43,790 91.50% -8.50% Facilities 105,200 112,340 111,876 464 99.59% -0.41% Equipment 1,743,700 1,743,700 1,727,122 16,578 99.05% -0.95% Debt Service — — 935 (935) 0.00% -100.00% Total Expenditures 2,371,100 2,371,100 2,311,203 59,897 97.47% -2.53% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 2,371,100 2,371,100 2,311,203 59,897 97.47% -2.53% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 318,500 318,500 722,866 404,366 Unassigned Fund Balance at Beginning of Year 2,435,627 Cancellation of Prior Year Encumbrances 11,803 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (24,521) Ending Unassigned Fund Balance, 06/30/23 3,145,775 Other Fund Balance Components: Restricted - Current Year Encumbrances 131,270 Restricted - Prior Year Encumbrances 19,672 Total Fund Balance $ 3,296,717
Public Safety Sales Tax Fund
the period ended June 30, 2023 5
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Fire Protection Sales Tax Fund For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Sales Taxes $ 8,770,000 8,770,000 11,272,850 2,502,850 128.54% 28.54% Use Tax 268,000 268,000 511,806 243,806 190.97% 90.97% Investment Income (Loss) 29,000 29,000 160,919 131,919 554.89% 454.89% Other Revenue 6,000 6,000 43,053 37,053 717.55% 617.55% Total Revenues 9,073,000 9,073,000 11,988,628 2,915,628 132.14% 32.14% Expenditures: Public Safety 6,821,786 7,612,662 4,974,697 2,637,965 65.35% -34.65% Capital outlay — 200,000 — 200,000 0.00% -100.00% Debt Service 73,300 73,300 73,235 65 99.91% -0.09% Total Expenditures 6,895,086 7,885,962 5,047,932 2,838,030 64.01% -35.99% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 6,895,086 7,885,962 5,047,932 2,838,030 64.01% -35.99% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 2,177,914 1,187,038 6,940,696 5,753,658 Unassigned Fund Balance at Beginning of Year 1,854,972 Cancellation of Prior Year Encumbrances 61,015 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (68,990) Ending Unassigned Fund Balance, 06/30/23 8,787,693 Other Fund Balance Components: Restricted - Current Year Encumbrances 1,102,001 Restricted - Prior Year Encumbrances 46,797 Total Fund Balance $ 9,936,491
6
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Use Tax $ 782,000 782,000 782,000 — 100.00% 0.00% Intergovernmental Revenue — — — — 0.00% -100.00% Investment Income (Loss) 3,000 3,000 15,170 12,170 505.67% 405.67% Other Revenue — — 46 46 0.00% -100.00% Total Revenues 785,000 785,000 797,216 12,216 101.56% 1.56% Expenditures: General Government — — — — 0.00% -100.00% Animal Services 769,213 769,213 678,979 90,234 88.27% -11.73% Capital Outlay — — — — 0.00% -100.00% Debt Service — — — — 0.00% -100.00% Total Expenditures 769,213 769,213 678,979 90,234 88.27% -11.73% Other Financing Uses: Transfers In — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 769,213 769,213 678,979 90,234 88.27% -11.73% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 15,787 15,787 118,237 102,450 Unassigned Fund Balance at Beginning of Year 207,703 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (3,020) Ending Unassigned Fund Balance, 06/30/23 322,920 Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 322,920
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Animal Shelter Use Tax For the period ended June 30, 2023 7
CITY
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Police Use Tax For the period ended June 30, 2023
UNAUDITED
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Use Tax $ 4,100,000 4,100,000 4,100,000 — 100.00% 0.00% Investment Income (Loss) 59,000 59,000 154,033 95,033 261.07% 161.07% Other Revenue — — 15 15 0.00% -100.00% Total Revenues 4,159,000 4,159,000 4,254,048 95,048 102.29% 2.29% Expenditures: Public Safety 4,029,166 4,175,616 3,950,156 225,460 94.60% -5.40% Debt Service — — — — 0.00% -100.00% Total Expenditures 4,029,166 4,175,616 3,950,156 225,460 94.60% -5.40% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% — Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 4,029,166 4,175,616 3,950,156 225,460 94.60% -5.40% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 129,834 (16,616) 303,892 320,508 Unassigned Fund Balance at Beginning of Year 4,586,138 Cancellation of Prior Year Encumbrances 107,560 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (45,049) Ending Unassigned Fund Balance, 06/30/23 4,952,541 Other Fund Balance Components: Restricted - Current Year Encumbrances 140,086 Restricted - Prior Year Encumbrances — Total Fund Balance $ 5,092,627
8
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED Budgetary Comparison Schedule Health Property Tax Levy For the period ended June 30, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ 881,500 881,500 850,488 (31,012) 96.48% -3.52% Charges for Services 154,500 154,500 167,644 13,144 108.51% 8.51% Licenses & Permits 392,238 392,238 428,213 35,975 109.17% 9.17% Investment Income (Loss) 3,731 3,731 20,514 16,783 549.83% 449.83% Other Revenue 14,000 14,000 31,835 17,835 227.39% 127.39% Total Revenues 1,445,969 1,445,969 1,498,694 52,725 103.65% 3.65% Other Financing Sources: Transfers In — — — — 0.00% -100.00% Transfers In - American Rescue Plan 300,000 300,000 300,000 — 100.00% 0.00% Total Other Financing Uses 300,000 300,000 300,000 — 100.00% 0.00% Total Revenues and Other Sources 1,745,969 1,745,969 1,798,694 52,725 103.02% 3.02% Expenditures: Animal Services 1,045,512 1,045,512 976,172 69,340 93.37% -6.63% Health Services 733,636 733,636 637,106 96,530 86.84% -13.16% Total Expenditures 1,779,148 1,779,148 1,613,278 165,870 90.68% -9.32% Other Financing Uses: Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Uses 1,779,148 1,779,148 1,613,278 165,870 90.68% -9.32% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (333,179) (333,179) 185,416 518,595 Unassigned Fund Balance at Beginning of Year 164,970 Cancellation of Prior Year Encumbrances 752 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (3,197) Ending Unassigned Fund Balance, 06/30/23 347,941 Other Fund Balance Components: Restricted - Current Year Encumbrances 5,707 Restricted - Prior Year Encumbrances — Total Fund Balance $ 353,648
9
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED
Budgetary Comparison Schedule Parks and Recreation Property Tax Levy For the period ended June 30, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ 1,876,775 1,876,775 1,807,087 (69,688) 96.29% -3.71% Intergovernmental — — — — 0.00% -100.00% Charges for Services 120,650 120,650 103,477 (17,173) 85.77% -14.23% Investment Income (Loss) 19,165 19,165 25,312 6,147 132.07% 32.07% Other Revenue — — 29,776 29,776 0.00% -100.00% Total Revenues 2,016,590 2,016,590 1,965,652 (50,938) 97.47% -2.53% Expenditures: Parks and Recreation 2,554,180 2,554,180 2,523,039 31,141 98.78% -1.22% Total Expenditures 2,554,180 2,554,180 2,523,039 31,141 98.78% -1.22% Other Financing Uses – Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Uses 2,554,180 2,554,180 2,523,039 31,141 98.78% -1.22% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (537,590) (537,590) (557,387) (19,797) Unassigned Fund Balance at Beginning of Year 581,332 Cancellation of Prior Year Encumbrances 444 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (702) Ending Unassigned Fund Balance, 06/30/23 23,687 Other Fund Balance Components: Restricted - Current Year Encumbrances 33,626 Restricted - Prior Year Encumbrances — Total Fund Balance $ 57,313 10
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED Budgetary Comparison Schedule Tourism Fund For the period ended June 30, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Transient Guest Taxes $ 1,975,000 1,975,000 2,322,046 347,046 117.57% 17.57% Charges for Services 32,000 32,000 29,904 (2,096) 93.45% -6.55% Investment Income (Loss) 25,050 25,050 58,907 33,857 235.16% 135.16% Other Revenue 12,050 12,050 11,963 (87) 99.28% -0.72% Total Revenues 2,044,100 2,044,100 2,422,820 378,720 118.53% 18.53% Other Financing Sources: Transfers In - American Resuce Plan — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Revenues and Other Sources 2,044,100 2,044,100 2,422,820 378,720 118.53% 18.53% Expenditures: Tourism 2,709,247 3,339,449 1,688,436 1,651,013 50.56% -49.44% Total Expenditures 2,709,247 3,339,449 1,688,436 1,651,013 50.56% -49.44% Other Financing Uses – Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Uses 2,709,247 3,339,449 1,688,436 1,651,013 50.56% -49.44% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (665,147) (1,295,349) 734,384 2,029,733 Unassigned Fund Balance at Beginning of Year 1,178,234 Cancellation of Prior Year Encumbrances 45,723 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (19,599) Ending Unassigned Fund Balance, 06/30/23 1,938,742 Other Fund Balance Components: Restricted - Current Year Encumbrances 96,898 Restricted - Prior Year Encumbrances — Restricted - Operating Reserve 376,368 Total Fund Balance $ 2,412,008
11
CITY
UNAUDITED
Independence Square Benefit District For the period ended June 30, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 26,384 26,384 0.00% -100.00% Investment Income (Loss) — — 1,749 1,749 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 28,133 28,133 0.00% -100.00% Expenditures: Capital Outlay — — 27,528 (27,528) 0.00% -100.00% Total Expenditures — — 27,528 (27,528) 0.00% -100.00% Other Financing Uses – Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Uses — — 27,528 (27,528) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 605 605 Unassigned Fund Balance at Beginning of Year 8,365 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (233) Ending Unassigned Fund Balance, 06/30/23 8,737 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 8,737 12
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Federal Grant - CDBG $ 800,000 867,974 1,184,255 316,281 136.44% 36.44% Other Revenue — — — — — -100.00% Total Revenues 800,000 867,974 1,184,255 316,281 136.44% 36.44% Expenditures: CDBG Administration 160,000 173,595 171,535 2,060 98.81% -1.19% CDBG Expenditures 640,000 325,196 325,196 — 100.00% 0.00% Total Expenditures 800,000 498,791 496,731 2,060 99.59% -0.41% Other Financing Uses: Transfers Out — 369,183 329,746 39,437 89.32% -10.68% Total Other Financing Uses — 369,183 329,746 39,437 89.32% -10.68% Total Expenditures and Other Uses 800,000 867,974 826,477 41,497 95.22% -4.78% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 357,778 357,778 Unassigned Fund Balance at Beginning of Year (367,215) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 06/30/23 (9,437) Other Fund Balance Components: Restricted - Current Year Encumbrances 175 Restricted - Prior Year Encumbrances 8,549 Total Fund Balance $ (713)
Comparison Schedule Community Development Block Grant Fund For the period ended June 30, 2023 13
Budgetary
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Rental Rehabilitation For the period ended June 30, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: HOME Program Grant $ 465,330 579,003 565,413 (13,590) 97.65% -2.35% Other Revenue — — 13,240 13,240 0.00% -100.00% Total Revenues 465,330 579,003 578,653 (350) 99.94% -0.06% Expenditures: HOME Administration 46,533 88,811 84,663 4,148 95.33% -4.67% Multi Family Housing 325,730 381,449 331,375 50,074 86.87% -13.13% Community Housing Development 93,067 108,743 93,066 15,677 85.58% -14.42% Total Expenditures 465,330 579,003 509,104 69,899 87.93% -12.07% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 69,549 69,549 Unassigned Fund Balance at Beginning of Year (270,135) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 06/30/23 (200,586) Other Fund Balance Components: Restricted - Current Year Encumbrances 181,064 Restricted - Prior Year Encumbrances 19,530 Total Fund Balance $ 8
UNAUDITED
14
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Licenses and Permits $ — — 100,224 100,224 0.00% -100.00% Investment Income (Loss) 21,000 21,000 33,310 12,310 158.62% 58.62% Other Revenue — — — — 0.00% -100.00% Total Revenues 21,000 21,000 133,534 112,534 635.88% 535.88% Expenditures: General Government — — 461 (461) 0.00% -100.00% Total expenditures — — 461 (461) 0.00% -100.00% Other Financing Uses: Transfers Out/Capital Outlay — — 4,934 (4,934) 0.00% -100.00% Total Other Financing Uses — — 4,934 (4,934) 0.00% -100.00% Total Expenditures and Other Financing Uses — — 5,395 (5,395) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 21,000 21,000 128,139 107,139 Unassigned Fund Balance at Beginning of Year 1,170,147 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (10,795) Ending Unassigned Fund Balance, 06/30/23 1,287,491 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 1,287,491
License Surcharge For the period ended June 30, 2023 15
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Grants
For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Intergovernmental $ 2,311,280 7,912,630 3,797,915 (4,114,715) 48.00% -52.00% Charges for Services 109,023 109,023 233,194 124,171 213.89% 113.89% Other Revenue — 335,731 361 (335,370) 0.11% -99.89% Total Revenues 2,420,303 8,357,384 4,031,470 (4,325,914) 48.24% -51.76% Other financing sources: Transfers In — — — — 0.00% -100.00% Total other financing sources — — — — 0.00% -100.00% Total revenues and other financing sources 2,420,303 8,357,384 4,031,470 (4,325,914) 48.24% -51.76% Expenditures: Public Safety 640,270 3,148,550 2,032,680 1,115,870 64.56% -35.44% General Government 27,892 118,713 28,965 89,748 24.40% -75.60% Culture and Recreation — 152,264 97,776 54,488 64.21% -35.79% Community Development 940,000 1,995,670 1,111,523 884,147 55.70% -44.30% Animal Services — 31,154 6,500 24,654 20.86% -79.14% Health Services 465,497 2,281,801 657,106 1,624,695 28.80% -71.20% Total Expenditures 2,073,659 7,728,152 3,934,550 3,793,602 50.91% -49.09% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 2,073,659 7,728,152 3,934,550 3,793,602 50.91% -49.09% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 346,644 629,232 96,920 (532,312) Unassigned Fund Balance at Beginning of Year (227,386) Cancellation of Prior Year Encumbrances 4,571 Change in Other Fund Balance Components During the Year (5,744) Ending Unassigned Fund Balance, 06/30/23 (131,639) Other Fund Balance Components: Restricted - Current Year Encumbrances 23,701 Restricted - Prior Year Encumbrances 107,938 Total Fund Balance $ —
16
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule American Rescue Plan (ARP) For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Intergovernmental $ 9,557,038 9,557,038 6,605,954 (2,951,084) 69.12% -30.88% Charges for Services — — — — 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues 9,557,038 9,557,038 6,605,954 (2,951,084) 69.12% -30.88% Other financing sources: Transfers in — — — — 0.00% -100.00% Total other financing sources — — — — 0.00% -100.00% Total revenues and other financing sources 9,557,038 9,557,038 6,605,954 (2,951,084) 69.12% -30.88% Expenditures: Personnel Services 110,000 110,000 136,642 (26,642) 124.22% 24.22% Other Services 1,112,038 1,112,038 660,689 451,349 59.41% -40.59% Supplies — — 130 (130) 0.00% -100.00% Capital Outlay 4,135,000 4,135,000 419,002 3,715,998 10.13% -89.87% Total Expenditures 5,357,038 5,357,038 1,216,463 4,140,575 22.71% -77.29% Other Financing Uses: Transfers Out - American Rescue Plan 4,200,000 4,200,000 5,600,000 (1,400,000) 133.33% 33.33% — Total Other Financing Uses 4,200,000 4,200,000 5,600,000 (1,400,000) 133.33% 33.33% Total Expenditures and Other Financing Uses 9,557,038 9,557,038 6,816,463 2,740,575 71.32% -28.68% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (210,509) (210,509) Unassigned Fund Balance at Beginning of Year (228,013) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year 17,500 Ending Unassigned Fund Balance, 06/30/23 (421,022) Other Fund Balance Components: Restricted - Current Year Encumbrances 324,254 Restricted - Prior Year Encumbrances 96,768 Total Fund Balance $ —
17
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating Revenues: Charges for Services $ 131,606,000 131,606,000 143,317,052 11,711,052 108.90% 8.90% Penalties 1,000,000 1,000,000 1,460,016 460,016 146.00% 46.00% Connection Charges 33,000 33,000 6,697 (26,303) 20.29% -79.71% Miscellaneous — — 54,494 54,494 0.00% -100.00% Temporary Service 1,000 1,000 1,250 250 125.00% 25.00% Rental Income 276,000 276,000 302,514 26,514 109.61% 9.61% Transmission Wheeling 7,000,000 7,000,000 6,987,734 (12,266) 99.82% -0.18% Total Operating Revenues 139,916,000 139,916,000 152,129,757 12,213,757 108.73% 8.73% Operating Expenses: Personnel Services 28,729,037 28,729,037 27,903,640 825,397 97.13% -2.87% Retiree Benefits 1,460,000 1,460,000 1,454,378 5,622 99.61% -0.39% Other Services 26,956,585 26,817,785 30,749,220 (3,931,435) 114.66% 14.66% Supplies 55,603,355 55,657,405 64,613,212 (8,955,807) 116.09% 16.09% Capital Projects 5,305,000 14,289,794 5,690,825 8,598,969 39.82% -60.18% Capital Operating 1,400,225 1,484,975 1,180,470 304,505 79.49% -20.51% Debt Service 7,896,466 7,896,466 8,626,744 (730,278) 109.25% 9.25% Other Expenses 100,000 100,000 — 100,000 0.00% -100.00% Total Operating Expenses 127,450,668 136,435,462 140,218,489 (3,783,027) 102.77% 2.77% Nonoperating Revenues (Expenses): Investment Income 118,000 118,000 1,606,265 1,488,265 1361.24% 1261.24% Interfund Charges for Support Services 2,011,000 2,011,000 2,046,037 35,037 101.74% 1.74% Miscellaneous Revenue (Expense) 15,700 15,700 741,338 725,638 4721.90% 4621.90% Total Nonoperating Revenue (Expenses) 2,144,700 2,144,700 4,393,640 2,248,940 204.86% 104.86% 14,610,032 5,625,238 16,304,908 10,679,670 289.85% 189.85% Capital Contributions — — — — 0.00% -100.00% Transfers Out – Utility Payments In Lieu of Taxes (13,000,000) (13,000,000) (14,824,658) 1,824,658 114.04% 14.04% Transfers In — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Transfers (13,000,000) (13,000,000) (14,824,658) 1,824,658 114.04% 14.04% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 1,610,032 (7,374,762) 1,480,250 8,855,012 Beginning Available Resources 49,405,589 Prior Period Adjustment — Year-End Investment Market Value Adjustment (380,345) Ending Available Resources 50,505,494 Revenue Risk 5,300,000 Capital Reserve 3,000,000 Expense Risk 18,700,000 Working Capital 25,500,000 Targeted Reserve Level 52,500,000 Total Non-Restricted Resources Available $ (1,994,506) Income (Loss) Before Transfers
Power and Light For the period ended June 30, 2023 18
Power and Light - Open Capital Projects As
UNAUDITED PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 200815 T&D Sys IMPROVEMENTS $ - 833,939.48 833,939.48 530,802.36 82,267.98 220,869.14 200824 Prod Plt MISC PROJECTS - 68,257.76 68,257.76 - - 68,257.76 200828 FIBER OPTIC PROGRAM - 198,999.72 198,999.72 70,789.23 153,192.78 (24,982.29) 201106 69 KV SUBSTATION FACILITIES - 321,078.50 321,078.50 122,407.00 85,009.85 113,661.65 201405 SUBSTATION SECURITY PROJECT - 235,149.64 235,149.64 32,367.72 38,743.90 164,038.02 201509 NEW BILLING Sys - 22,047.36 22,047.36 - - 22,047.36 201510 Sys OpS / DISPATCH - 44,634.77 44,634.77 33,430.50 1,600.00 9,604.27 201603 69 KV Trans LINE REBUIL - 1,356,365.47 1,356,365.47 84,691.49 584,829.59 686,844.39 201604 Sys OpS / UPS UPGRAD - 45,493.59 45,493.59 51,175.00 - (5,681.41) 201605 Sys OpS WORK AREA - 619,842.18 619,842.18 - - 619,842.18 201606 NEW FINANCIAL MANAGEMENT SYS - 200,000.00 200,000.00 - - 200,000.00 201702 Prod FACILITIES IMPROVE - 475,477.00 475,477.00 - 303,361.00 172,116.00 201703 BV GROUND WATER - 369,648.98 369,648.98 127,571.15 80,292.81 161,785.02 201706 SUBSTATION K SWITCHGEAR & - 963,211.67 963,211.67 146,316.11 816,574.40 321.16 201707 MASTER PLAN-FUTURE GENERATIO - 32,500.00 32,500.00 - - 32,500.00 201710 Mo CITY DIVESTITURE - 450,681.26 450,681.26 350,294.33 100,386.43 0.50 201804 SUBSTATION E SWITCHGEAR REPLACEMENT - 5,159,198.91 5,159,198.91 303,096.83 2,877,837.58 1,978,264.50 202004 Above Ground Fuel Storage Tanks - 41,800.00 41,800.00 - - 41,800.00 202101 Substation Fiber Optic Network - 913,263.62 913,263.62 17,925.00 80,344.39 814,994.23 202102 Traffic Controller Upgrades - 66,000.00 66,000.00 19,686.00 9,658.00 36,656.00 202103 Traffic Camera System Upgrades - 51,837.00 51,837.00 - - 51,837.00 202107 Motorola APX Radio Purchase Phase 2 - 67,716.89 67,716.89 - - 67,716.89 202108 Operations APC UPS Battery Replace - 110,000.00 110,000.00 - 10,300.00 99,700.00 202110 20MVAR Capacitor Bank Sub A - 520,726.57 520,726.57 36,488.32 330,037.46 154,200.79 202111 Transmission Pole Replacement Prog - 888,487.14 888,487.14 35,674.23 358,806.68 494,006.23 202201 Substation A Transformer T-9 Mtce - 180,000.00 180,000.00 70,425.00 - 109,575.00 202204 Relay Test Set - 80,103.50 80,103.50 - 80,103.50202205 Desert Storm Switchgear Cabinets - 500,000.00 500,000.00 249,977.25 - 250,022.75 202206 T & D Road Improvement Projects 500,000.00 - 500,000.00 236,670.49 89,869.69 173,459.82 202208 Traffic Signal Detection Systems - 26,235.00 26,235.00 - 4,600.00 21,635.00 202210 IPL Service Center PBX Upgrade to I - 85,000.00 85,000.00 - - 85,000.00 202211 H-5 Hot Gas Path Inspection - 1,170,634.91 1,170,634.91 - 931,237.66 239,397.25 202304 Controls Software Upgrade - 500,000.00 500,000.00 316,185.80 135,508.20 48,306.00 202305 PLSC Operations Area HVAC Upgrade - 100,000.00 100,000.00 - - 100,000.00 202306 Substation A Blockhouse Roof Repl 75,000.00 - 75,000.00 - 49,978.00 25,022.00 202307 Emergent Maintenance Production 500,000.00 - 500,000.00 - - 500,000.00 202308 Substn & Trans Upgrade &Replacement 400,000.00 - 400,000.00 1,402.58 10,158.29 388,439.13 202316 Construct 6 New Dist Feeders Sub S 450,000.00 - 450,000.00 67,194.73 92,539.27 290,266.00 202317 H5 Combustion Turbine Repair - 2,199,611.97 2,199,611.97 714,175.19 1,485,436.95 (0.17) 9669 SERVICE CTR FACILITY IMPROVE. - 520,084.17 520,084.17 - - 520,084.17 $ 1,925,000.00 19,418,027.06 21,343,027.06 3,618,746.31 8,792,674.41 8,931,606.34 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 14,289,793.73 $ 7,053,233.33 21,343,027.06 Less Expenditures 2,985,440.14 5,807,234.27 8,792,674.41 Less Encumbrances 2,705,385.44 913,360.87 3,618,746.31 Total Available 8,598,968.15 $ 332,638.19 8,931,606.34
June 30, 2023 19
of
CITY OF INDEPENDENCE, MISSOURI Budgetary
For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating Revenues: Charges for Services $ 32,165,000 32,165,000 33,854,137 1,689,137 105.25% 5.25% Penalties 100,000 100,000 491,009 391,009 491.01% 391.01% Connection/Disconnection Charges 12,000 12,000 21,179 9,179 176.49% 76.49% Miscellaneous 10,000 10,000 19,819 9,819 198.19% 98.19% Returned Check Charges 23,000 23,000 29,745 6,745 129.33% 29.33% Rental Income 85,000 85,000 142,461 57,461 167.60% 67.60% Meter Repairs — — — — 0.00% -100.00% Merchandising Jobbing — — 9,366 9,366 0.00% -100.00% Total Operating Revenues 32,395,000 32,395,000 34,567,716 2,172,716 106.71% 6.71% Operating expenses: Personnel Services 9,646,673 9,646,673 8,483,119 1,163,554 87.94% -12.06% Retiree Benefits 364,000 364,000 348,628 15,372 95.78% -4.22% Other Services 13,703,182 13,567,682 11,679,627 1,888,055 86.08% -13.92% Supplies 2,840,700 3,015,700 3,529,632 (513,932) 117.04% 17.04% Capital Projects 7,800,000 22,584,919 9,869,277 12,715,642 43.70% -56.30% Capital Operating 1,134,500 1,095,000 669,125 425,875 61.11% -38.89% Debt Service 2,526,400 2,526,400 2,505,487 20,913 99.17% -0.83% Other Expenses 50,000 50,000 — 50,000 0.00% -100.00% Total Operating Expenses 38,065,455 52,850,374 37,084,895 15,765,479 70.17% -29.83% Nonoperating Revenues (Expenses): Investment Income 657,138 657,138 1,540,963 883,825 234.50% 134.50% Interfund Charges for Support Services 3,300,500 3,300,500 3,359,219 58,719 101.78% 1.78% Miscellaneous Revenue (Expense) 16,700 16,700 (2,579) (19,279) -15.44% -115.44% Total Nonoperating Revenue (Expenses) 3,974,338 3,974,338 4,897,603 923,265 123.23% 23.23% (1,696,117) (16,481,036) 2,380,424 18,861,460 -14.44% -114.44% Transfers Out – Utility Payments In Lieu of Taxes (2,941,000) (2,941,000) (3,341,507) 400,507 113.62% 13.62% Transfers In — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Transfers (2,941,000) (2,941,000) (3,341,507) 400,507 113.62% 13.62% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (4,637,117) (19,422,036) (961,083) 18,460,953 Beginning Available Resources 48,655,139 Year-End Investment Market Value Adjustment (441,604) Ending Available Resources 47,252,452 Revenue Risk 2,000,000 Capital Reserve 6,100,000 Expense Risk 700,000 Working Capital 5,600,000 Targeted Reserve Level 14,400,000 Total Non-Restricted Resources Available $ 32,852,452 Income (Loss) Before Transfers
Comparison Schedule Water
20
Water - Open Capital Projects
As of June 30, 2023
UNAUDITED PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 400708 TREATMENT Plt DISCHARGE $ - 300,000.00 300,000.00 71,113.14 26,886.86 202,000.00 400904 EAST INDEPENDENCE INDUST PARK - 674,000.00 674,000.00 - - 674,000.00 401003 FUTURE Prod WELLS 500,000.00 962,596.00 1,462,596.00 1,231,908.00 270.00 230,418.00 401301 23RD ST MAIN REPLACEMENT - 311,672.57 311,672.57 2,811.00 - 308,861.57 401402 LAGOON CLEANOUT - 24,559.00 24,559.00 - 49,059.00 (24,500.00) 401505 Dist Sys IMPROVE - 244,781.00 244,781.00 - - 244,781.00 401506 TRUMAN ROAD BOOSTER STATION - 106,569.52 106,569.52 - - 106,569.52 401601 FILTER BACKWASH OUTFALL - 190,325.00 190,325.00 - - 190,325.00 401602 Plt DISCHARGE OUTFALL - 459,824.48 459,824.48 - - 459,824.48 401605 COURTNEY BEND BASIN CATWALK - 10,020.00 10,020.00 - - 10,020.00 401608 LIME SILO - 4,249,256.24 4,249,256.24 3,551,638.53 329,496.06 368,121.65 401703 Maint BUILDING AT CBP - 200,000.00 200,000.00 - - 200,000.00 401704 VAN HORN RESERVOIR IMPROVE - (49,699.58) (49,699.58) - - (49,699.58) 401802 6" Main Replacement James Downey Rd - 250,087.60 250,087.60 - - 250,087.60 401804 Filter Valve House Roof Improvement - 97,292.00 97,292.00 - - 97,292.00 401808 VFD Drive Replacements HSP 2 & 4 - 230,967.00 230,967.00 - - 230,967.00 401818 30" Steel Transmission Main Assess - 156,300.00 156,300.00 - - 156,300.00 401821 Main Replacement-32nd/Hunter/Bird - 91,000.00 91,000.00 - - 91,000.00 401822 Main Replacement-24Hwy/Northern/RR - 240,166.00 240,166.00 - - 240,166.00 402002 39th Street Reservoir - 2,170,212.30 2,170,212.30 18,408.30 2,186,254.90 (34,450.90) 402004 Main Replace Walnut/Leslie/LeesSumm - 81,218.73 81,218.73 - - 81,218.73 402007 Courtney Bend Emergency Generator - 1,150,000.00 1,150,000.00 - - 1,150,000.00 402008 Wellfield Overhead Electrical Imp - 1,000,000.00 1,000,000.00 - - 1,000,000.00 402009 Main Replace Sheley/Claremont/Norw - 188,790.00 188,790.00 - - 188,790.00 402010 Main Replace Gudgell/Dodgion/KingsH - 697,170.77 697,170.77 - 594,038.27 103,132.50 402011 Main Replace Salisbury/Peck/Geospac - 1,179,100.00 1,179,100.00 - 1,059,000.00 120,100.00 402012 College Avenue Improvements - 250,000.00 250,000.00 - - 250,000.00 402101 Main Replacement Ralston 31st/29th - 364,255.00 364,255.00 329,196.50 3,150.00 31,908.50 402102 Main Replacement 3rd St & Jennings - 440,798.00 440,798.00 - 4,785.00 436,013.00 402103 Main Replacement Truman Road - 540,502.00 540,502.00 44,728.00 453,612.00 42,162.00 402104 Lime Slaker No 5 - 350,000.00 350,000.00 378,088.80 - (28,088.80) 402105 Main Replacement Sheley - 98,565.00 98,565.00 - 9,335.50 89,229.50 402106 Main Replacement Sheley & Northern - 1,017,766.50 1,017,766.50 524,771.50 33,856.50 459,138.50 402107 Facility Improvements/Const/Maint 1,500,000.00 250,000.00 1,750,000.00 64,358.50 35,641.50 1,650,000.00 402108 Basin Drive Improvements - 340,523.00 340,523.00 - - 340,523.00 402201 Roof Improvements - 250,000.00 250,000.00 - 269,500.00 (19,500.00) 402203 Lime Slaker No 1 - 350,000.00 350,000.00 376,911.20 - (26,911.20) 402207 CB Electrical Switchgear Improvemen - 200,000.00 200,000.00 - - 200,000.00 402301 IT Infrastructure Upgrade 150,000.00 - 150,000.00 - 140,965.20 9,034.80 402302 HSPS HVAC Improvements 250,000.00 - 250,000.00 106,520.00 - 143,480.00 402303 Lime Silo Recoating 400,000.00 - 400,000.00 - - 400,000.00 9749 MAIN REPLACEMENT PROGRAM - 3,794,153.67 3,794,153.67 1,401,400.60 617,283.20 1,775,469.87 9952 SECURITY UPGRADES - 517,590.82 517,590.82 71,200.73 62,884.43 383,505.66 $ 2,800,000.00 23,980,362.62 26,780,362.62 8,173,054.80 5,876,018.42 12,731,289.40 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 22,584,918.85 $ 4,195,443.77 26,780,362.62 Less Expenditures 1,923,569.46 3,952,448.96 5,876,018.42 Less Encumbrances 7,945,707.89 227,346.91 8,173,054.80 Total Available 12,715,641.50 $ 15,647.90 12,731,289.40
21
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Sanitary Sewer For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating revenues: Charges for Services $ 35,821,585 35,821,585 36,296,214 474,629 101.32% 1.32% Penalties 200,000 200,000 133,172 (66,828) 66.59% -33.41% Total operating revenues 36,021,585 36,021,585 36,429,386 407,801 101.13% 1.13% Operating expenses: Personnel Services 6,796,986 6,711,986 5,680,201 1,031,785 84.63% -15.37% Retiree Benefits 348,000 348,000 357,822 (9,822) 102.82% 2.82% Other Services 15,594,591 15,675,336 14,582,945 1,092,391 93.03% -6.97% Supplies 1,285,100 1,296,491 737,333 559,158 56.87% -43.13% Capital Projects 1,750,000 14,116,954 1,256,403 12,860,551 8.90% -91.10% Capital Operating 593,000 585,864 638,607 (52,743) 109.00% 9.00% Debt Service 6,239,100 6,239,100 6,221,846 17,254 99.72% -0.28% Other Expenses — — — — 0.00% -100.00% Total Operating Expenses 32,606,777 44,973,731 29,475,157 15,498,574 65.54% -34.46% Nonoperating Revenues (Expenses): Investment Income 326,000 326,000 1,007,790 681,790 309.14% 209.14% Miscellaneous Revenue (Expense) 7,900 7,900 68,424 60,524 866.13% 766.13% Total Nonoperating Revenue (Expenses) 333,900 333,900 1,076,214 742,314 322.32% 222.32% 3,748,708 (8,618,246) 8,030,443 16,648,689 -93.18% -193.18% Transfers Out – Utility Payments In Lieu of Taxes (3,596,612) (3,596,612) (3,593,955) (2,657) 99.93% -0.07% Transfers In 10,000 10,000 10,000 — 100.00% 0.00% Transfers Out — — (3,860) 3,860 0.00% -100.00% Total Transfers (3,586,612) (3,586,612) (3,587,815) 1,203 100.03% 0.03% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 162,096 (12,204,858) 4,442,628 16,647,486 Beginning Available Resources 31,326,433 Year-End Investment Market Value Adjustment (156,488) Ending Available Resources 35,612,573 Revenue Risk 1,200,000 Capital Reserve 4,000,000 Expense Risk 700,000 Working Capital 6,800,000 Targeted Reserve Level 12,700,000 Total Non-Restricted Resources Available $ 22,912,573 Income (Loss) Before Transfers
22
Sanitary Sewer - Open Capital Projects
As of June 30, 2023
UNAUDITED PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 301201 BURR OAK EAST $ - 1,035,327.15 1,035,327.15 - - 1,035,327.15 301202 CRACKERNECK-VAN HOOK SEWER - 529,163.59 529,163.59 - - 529,163.59 301603 RCTP FACILITIES ROOF, CEILING - 170,925.00 170,925.00 - - 170,925.00 301701 SCADA UPGRADE - 139,743.08 139,743.08 6,332.16 54,856.46 78,554.46 301705 16TH/SCOTT - 1,622.92 1,622.92 - 1,622.92301706 TREATMENT FACILITY IMPROVEMENT - 369,539.84 369,539.84 111,946.20 60,171.64 197,422.00 301804 ROCK CREEK EFFLUENT STRUCTURE - 332,776.94 332,776.94 - 11,327.01 321,449.93 302002 Arlington Improvements - 100,000.00 100,000.00 - - 100,000.00 302003 Bison Park - 34,400.41 34,400.41 - 34,400.41302004 Neighborhood Projects 2019-20 - 1,910,076.49 1,910,076.49 18,207.62 19,142.15 1,872,726.72 302005 Biosolids Handling - 2,397,533.81 2,397,533.81 - 1,406,514.03 991,019.78 302006 Raw Pumps & Screening - 900,000.00 900,000.00 - 320,720.59 579,279.41 302007 Electrical Substation Rehab - 158,690.00 158,690.00 29,351.00 - 129,339.00 302008 RCTP Fence - 143,950.24 143,950.24 - 107,934.68 36,015.56 302101 Sanitation Sewer Evaluation Survey - 106,982.83 106,982.83 - - 106,982.83 302102 Raymond Harkless Mills San Imp - 200,000.00 200,000.00 - - 200,000.00 302103 Pump Station Imp & Maintenance - 568,240.98 568,240.98 - - 568,240.98 302104 Polymer System Relocation - 100,000.00 100,000.00 - - 100,000.00 302105 Piping Rehabilitation - 585,933.69 585,933.69 14,332.50 - 571,601.19 302201 Upper Adair Interceptor - 800,000.00 800,000.00 293,200.00 - 506,800.00 302202 Crackerneck Creek Slope Rehab - 2,305,695.70 2,305,695.70 43,402.27 35,554.41 2,226,739.02 302203 Sanitary Sewer Main Reloc from Stre - 400,000.00 400,000.00 - - 400,000.00 302204 RCTP - Septic Pumper - 300,000.00 300,000.00 - - 300,000.00 302205 Clarifier Rehabilitation - 1,435,664.88 1,435,664.88 36,695.45 199,712.32 1,199,257.11 302206 Railing Safety RCPS & SCPS - 215,000.00 215,000.00 - 200,916.91 14,083.09 302301 Sludge Thickening Process Improve 400,000.00 - 400,000.00 - - 400,000.00 9757 TRENCHLESS TECHNOLOGY 100,000.00 995,405.40 1,095,405.40 181,004.25 474,971.74 439,429.41 $ 500,000.00 16,236,672.95 16,736,672.95 734,471.45 2,927,845.27 13,074,356.23 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 14,116,953.77 $ 2,619,719.18 16,736,672.95 Less Expenditures 664,694.53 2,263,150.74 2,927,845.27 Less Encumbrances 591,708.22 142,763.23 734,471.45 Total Available 12,860,551.02 $ 213,805.21 13,074,356.23
23
CITY
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating revenues: Charges for Services $ — — — — 0.00% -100.00% Miscellaneous — — — — 0.00% -100.00% Total operating revenues — — — — 0.00% -100.00% Operating Expenses: Personnel Services — — — — 0.00% -100.00% Other Services — — 73,108 (73,108) 0.00% -100.00% Supplies — — — — 0.00% -100.00% Capital Outlay 2,309,104 2,652,853 6,553,728 (3,900,875) 247.04% 147.04% Debt Service 5,648,400 5,648,400 5,684,149 (35,749) 100.63% 0.63% Other Expenses — — — — 0.00% -100.00% Total Operating Expenses 7,957,504 8,301,253 12,310,985 (4,009,732) 148.30% 48.30% Nonoperating Revenues (Expenses): Investment Income 6,200 6,200 289,805 283,605 4674.27% 4574.27% Miscellaneous Revenue (Expense) — — 25,013 25,013 0.00% -100.00% Sales Tax 2,400,000 2,400,000 5,218,176 2,818,176 217.42% 117.42% Total Nonoperating Revenue (Expenses) 2,406,200 2,406,200 5,532,994 3,126,794 229.95% 129.95% (5,551,304) (5,895,053) (6,777,991) (882,938) 114.98% 14.98% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -100.00% Transfers In — — 4,572,285 (4,572,285) 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Transfers — — 4,572,285 (4,572,285) 0.00% -100.00% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (5,551,304) (5,895,053) (2,205,706) 3,689,347 Beginning Available Resources (1,228,630) Less Prior Year Expenses — Year-End Investment Market Value Adjustment 45,897 Ending Available Resources $ (3,388,439) Income (Loss) Before Transfers
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Events Center Debt Service
24
For the period ended June 30, 2023
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Central Garage
For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating revenues: Charges for Services $ 2,693,100 2,693,100 3,063,477 370,377 113.75% 13.75% Miscellaneous — — 12,040 12,040 0.00% -100.00% Total Operating Revenues 2,693,100 2,693,100 3,075,517 382,417 114.20% 14.20% Operating Expenses: Personnel Services 853,367 853,367 734,764 118,603 86.10% -13.90% Retiree Benefits 52,000 52,000 42,756 9,244 82.22% -17.78% Other Services 996,700 996,700 806,100 190,600 80.88% -19.12% Supplies 998,500 998,500 1,060,789 (62,289) 106.24% 6.24% Capital Outlay 8,000 8,000 5,619 2,381 70.24% -29.76% Other Expenses — — — — 0.00% -100.00% Total Operating Expenses 2,908,567 2,908,567 2,650,028 258,539 91.11% -8.89% Nonoperating Revenues (Expenses): Investment Income 6,500 6,500 15,259 8,759 234.75% 134.75% Miscellaneous Revenue (Expense) 281,000 281,000 18,584 (262,416) 6.61% -93.39% Total Nonoperating Revenue (Expenses) 287,500 287,500 33,843 (253,657) 11.77% -88.23% 72,033 72,033 459,332 387,299 637.67% 537.67% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -100.00% Transfers In — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Transfers — — — — 0.00% -100.00% Change In Net Position (Budget Basis) $ 72,033 72,033 459,332 387,299 Unassigned Fund Balance at Beginning of Year (1,903,375) Cancellation of Prior Year Encumbrances 25,304 Change in Other Fund Balance Components During the Year (40,705) GAAP Components - OPEB and LAGERS 2,263,980 Year-end investment market value adjustment (6,785) Ending Unassigned Fund Balance Non-GAAP Basis, 06/30/23 797,751 Other Net Position Components: Assigned - Current Year Encumbrances 45,194 Assigned - Prior Year Encumbrances — Total Fund Balance $ 842,945 Income (Loss) Before Transfers
25
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating revenues: Charges for Services $ 17,859,000 17,859,000 20,133,791 2,274,791 112.74% 12.74% Miscellaneous — — — — 0.00% -100.00% Total Operating Revenues 17,859,000 17,859,000 20,133,791 2,274,791 112.74% 12.74% Operating Expenses: Personnel Services 568,500 568,500 317,225 251,275 55.80% -44.20% Other Services 22,268,500 22,268,500 22,870,195 (601,695) 102.70% 2.70% Supplies — — — — 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Other Expenses — — — — 0.00% -100.00% Total Operating Expenses 22,837,000 22,837,000 23,187,420 (350,420) 101.53% 1.53% Nonoperating Revenues (Expenses): Investment Income 1,000 1,000 199,900 198,900 19990.00% 19890.00% Miscellaneous Revenue (Expense) 1,077,000 1,077,000 1,812,443 735,443 168.29% 68.29% Total Nonoperating Revenue (Expenses) 1,078,000 1,078,000 2,012,343 934,343 186.67% 86.67% (3,900,000) (3,900,000) (1,041,286) 2,858,714 26.70% -73.30% Transfers In - American Rescue Plan 3,900,000 3,900,000 3,900,000 — 100.00% 0.00% Transfers Out — — — — 0.00% -100.00% Total Transfers 3,900,000 3,900,000 3,900,000 — 100.00% 0.00% Change In Net Position (Budget Basis) $ — — 2,858,714 2,858,714 Unassigned Fund Balance at Beginning of Year 1,129,211 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance Non-GAAP Basis, 06/30/23 3,987,925 Other Net Position Components: Assigned - Current Year Encumbrances — Assigned - Prior Year Encumbrances — Total Fund Balance $ 3,987,925 Income (Loss) Before Transfers
Staywell Health Care
26
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating revenues: Charges for Services $ 4,450,900 4,450,900 4,450,900 — 100.00% 0.00% Miscellaneous — — — — 0.00% -100.00% Total Operating Revenues 4,450,900 4,450,900 4,450,900 — 100.00% 0.00% Operating Expenses: Personnel Services — — 8,121 (8,121) 0.00% -100.00% Other Services 4,558,654 4,558,654 3,893,700 664,954 85.41% -14.59% Supplies — — 21,290 (21,290) 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Other Expenses — — — — 0.00% -100.00% Total Operating Expenses 4,558,654 4,558,654 3,923,111 635,543 86.06% -13.94% Nonoperating Revenues (Expenses): Investment Income 6,000 6,000 120,243 114,243 2004.05% 1904.05% Miscellaneous Revenue (Expense) — — 6,522 6,522 0.00% -100.00% Total Nonoperating Revenue (Expenses) 6,000 6,000 126,765 120,765 2112.75% 2012.75% (101,754) (101,754) 654,554 756,308 -643.27% -743.27% Transfers In — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Transfers — — — — 0.00% -100.00% Change In Net Position (Budget Basis) $ (101,754) (101,754) 654,554 756,308 Unassigned Fund Balance at Beginning of Year (6,396,207) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (27,167) Ending Unassigned Fund Balance Non-GAAP Basis, 06/30/23 (5,768,820) Other Net Position Components: Restricted - Work Comp Escrow Assigned - Current Year Encumbrances — Assigned - Prior Year Encumbrances 12,500 Total Fund Balance $ (5,756,320) Income (Loss) Before Transfers
Budgetary Comparison Schedule Workers' Compensation For the period ended June 30, 2023 27
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
Schedule Risk Management
For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating revenues: Charges for Services $ 3,196,000 3,196,000 2,943,000 (253,000) 92.08% -7.92% Miscellaneous — — — — 0.00% -100.00% Total Operating Revenues 3,196,000 3,196,000 2,943,000 (253,000) 92.08% -7.92% Operating Expenses: Personnel Services — — 8,121 (8,121) 0.00% -100.00% Other Services 2,936,292 2,936,292 2,676,409 259,883 91.15% -8.85% Supplies 2,000 2,000 — 2,000 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Other Expenses — — — — 0.00% -100.00% Total Operating Expenses 2,938,292 2,938,292 2,684,530 253,762 91.36% -8.64% Nonoperating Revenues (Expenses): Investment Income 23,000 23,000 56,123 33,123 244.01% 144.01% Miscellaneous Revenue (Expense) — — 258 258 0.00% -100.00% Total Nonoperating Revenue (Expenses) 23,000 23,000 56,381 33,381 245.13% 145.13% 280,708 280,708 314,851 34,143 112.16% 12.16% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -100.00% Transfers In — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Transfers — — — — 0.00% -100.00% Change In Net Position (Budget Basis) $ 280,708 280,708 314,851 34,143 Unassigned Fund Balance at Beginning of Year 1,752,742 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment (18,191) Ending Unassigned Fund Balance Non-GAAP Basis, 06/30/23 2,049,402 Other Net Position Components: Assigned - Current Year Encumbrances — Assigned - Prior Year Encumbrances — Total Fund Balance $ 2,049,402 Income (Loss) Before Transfers
28
CITY
INDEPENDENCE, MISSOURI
For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Operating revenues: Charges for Services $ 10,506,740 10,506,740 10,506,740 — 100.00% 0.00% Miscellaneous — — — — 0.00% -100.00% Total Operating Revenues 10,506,740 10,506,740 10,506,740 — 100.00% 0.00% Operating Expenses: Personnel Services 5,575,572 5,457,325 4,936,885 520,440 90.46% -9.54% Retiree Benefits 268,000 268,000 230,401 37,599 85.97% -14.03% Other Services 4,446,414 4,474,714 4,661,181 (186,467) 104.17% 4.17% Supplies 29,900 28,400 29,217 (817) 102.88% 2.88% Capital Outlay 142,500 207,500 310,092 (102,592) 149.44% 49.44% Other Expenses — — — — 0.00% -100.00% Total Operating Expenses 10,462,386 10,435,939 10,167,776 268,163 97.43% -2.57% Nonoperating Revenues (Expenses): Investment Income — — — — 0.00% -100.00% Miscellaneous Revenue (Expense) — — 17,113 17,113 0.00% -100.00% Total Nonoperating Revenue (Expenses) — — 17,113 17,113 0.00% -100.00% 44,354 70,801 356,077 285,276 502.93% 402.93% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -100.00% Transfers In – CARES Act — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Transfers — — — — 0.00% -100.00% Change In Net Position (Budget Basis) $ 44,354 70,801 356,077 285,276 Unassigned Fund Balance at Beginning of Year 970,744 Cancellation of Prior Year Encumbrances 40 Change in Other Fund Balance Components During the Year (731,452) GAAP Components - OPEB and LAGERS 602,585 Ending Unassigned Fund Balance Non-GAAP Basis, 06/30/23 1,197,994 Other Net Position Components: Assigned - Current Year Encumbrances 220,911 Assigned - Prior Year Encumbrances 2,881 Total Fund Balance $ 1,421,786 Income (Loss) Before Transfers
OF
Budgetary Comparison Schedule Finance & Support Services
29
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Charges for Services $ 9,289 9,289 12,386 3,097 133.34% 33.34% Investment Income (Loss) — — 3,741 3,741 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues 9,289 9,289 16,127 6,838 173.61% 73.61% Expenditures: General Government — — 171 (171) 0.00% -100.00% Debt Service 10,200 10,200 9,467 733 92.81% -7.19% Total Expenditures 10,200 10,200 9,638 562 94.49% -5.51% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total expenditures and other financing uses 10,200 10,200 9,638 562 94.49% -5.51% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (911) (911) 6,489 7,400 Unassigned Fund Balance at Beginning of Year 104,235 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (945) Ending Unassigned Fund Balance, 06/30/23 109,779 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 109,779 CITY OF
Budgetary Comparison Schedule Debt Service - Neighborhood Improvement Districts For the period ended June 30, 2023 30
INDEPENDENCE, MISSOURI
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
Street Improvements Capital Project Fund
For the period ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Charges for Services $ — — 5,617 5,617 0.00% -100.00% Investment Income — — 4,356 4,356 0.00% -100.00% Intergovernmental — — — — 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 9,973 9,973 0.00% -100.00% Other Financing Sources: Transfers In — — 4,934 4,934 0.00% -100.00% Proceeds From Bond Issuance — — — — — Total Other Financing Sources — — 4,934 4,934 0.00% -100.00% Total Revenues and Other Financing Sources — — 14,907 14,907 0.00% -100.00% Expenditures: Public Works — — 30 (30) 0.00% -100.00% Culture and Recreation — — — — 0.00% -100.00% Capital Outlay — 263,944 861,899 (597,955) 326.55% 226.55% Total Expenditures — 263,944 861,929 (597,985) 326.56% 226.56% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — 263,944 861,929 (597,985) 326.56% 226.56% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (263,944) (847,022) (583,078) Unassigned Fund Balance at Beginning of Year (19,797) Cancellation of Prior Year Encumbrances — Change to Prior Year Expenditure — Year-End Investment Market Value Adjustment (715) Ending Unassigned Fund Balance, 06/30/23 (867,534) Other Fund Balance Components: Committed - Current Year Encumbrances 855,082 Committed - Prior Year Encumbrances 95,506 Total Fund Balance $ 83,054
31
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -100.00% Investment Income (Loss) — — 598 598 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 598 598 0.00% -100.00% Expenditures: Public Works — — 8 (8) 0.00% -100.00% Culture and Recreation — — — — 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Total Expenditures — — 8 (8) 0.00% -100.00% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 8 (8) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — 590 590 Unassigned Fund Balance at Beginning of Year 21,213 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (186) Ending Unassigned Fund Balance, 06/30/23 21,617 Other Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ 21,617
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Revolving Public Improvements Capital Project Fund For the period ended June 30, 2023 32
CITY
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -100.00% Intergovernmental — — — — 0.00% -100.00% Investment Income — — 373 373 0.00% -100.00% Other Revenue — — 3,125 3,125 0.00% -100.00% Total revenues — — 3,498 3,498 0.00% -100.00% Other Financing Sources: Transfers In — — 165,078 165,078 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 165,078 165,078 0.00% -100.00% Total Revenues and Other Financing Sources — — 168,576 168,576 0.00% -100.00% Expenditures: Public Works — — 9 (9) 0.00% -100.00% Culture and Recreation — — — — 0.00% -100.00% Capital Outlay — 231,511 115,326 116,185 49.81% -50.19% Total Expenditures — 231,511 115,335 116,176 49.82% -50.18% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total expenditures and other financing uses — 231,511 115,335 116,176 49.82% -50.18% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (231,511) 53,241 284,752 Unassigned Fund Balance at Beginning of Year (164,886) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (621) Year-End Investment Market Value Adjustment — Ending Unassigned Fund Balance, 06/30/23 (112,266) Other Fund Balance Components: Committed - Current Year Encumbrances 34,370 Committed - Prior Year Encumbrances — Total Fund Balance $ (77,896)
OF
Budgetary Comparison Schedule Buildings and Other Improvements Capital Project Fund For the period ended June 30, 2023 33
CITY
INDEPENDENCE, MISSOURI
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -100.00% Investment Income — — — — 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total revenues — — — — 0.00% -100.00% Expenditures: Public Works — — — — 0.00% -100.00% Culture and Recreation — — — — 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Total Expenditures — — — — 0.00% -100.00% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total expenditures and other financing uses — — — — 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — — — Unassigned Fund Balance at Beginning of Year (16,155) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 06/30/23 (16,155) Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ (16,155) CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Storm Drainage Capital Project Fund For the period ended June 30, 2023 34
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -100.00% Investment Income (Loss) — — 894 894 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total revenues — — 894 894 0.00% -100.00% Expenditures: Public Works — — 12 (12) 0.00% -100.00% Culture and Recreation — — — — 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Total Expenditures — — 12 (12) 0.00% -100.00% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total expenditures and other financing uses — — 12 (12) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — 882 882 Unassigned Fund Balance at Beginning of Year 30,881 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (278) Ending Unassigned Fund Balance, 06/30/23 31,485 Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ 31,485
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Capital Project Fund For the period ended June 30, 2023 35
CITY
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -100.00% Investment Income — — — — 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — — — 0.00% -100.00% Expenditures: Public Works — — — — 0.00% -100.00% Culture and Recreation — — — — 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Total Expenditures — — — — 0.00% -100.00% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — — — 0.00% -100.00% Excess of revenues over (under) expenditures and Other Financing Uses, Budget Basis $ — — — — Unassigned Net Position at Beginning of Year — Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment — Unassigned Net Position, 06/30/23 — Other Net Position Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Net Position $ — CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Private Purpose Expendable Trust Fund - Vaile Mansion For the period ended June 30, 2023 36
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence
For
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Sales Taxes $ 8,470,843 8,470,843 8,952,353 481,510 105.68% 5.68% Investment Income 30,000 30,000 425,911 395,911 1419.70% 1319.70% Total Revenues 8,500,843 8,500,843 9,378,264 877,421 110.32% 10.32% Expenditures: Administrative Fee 169,417 169,417 179,047 (9,630) 105.68% 5.68% Insurance 4,750 4,750 — 4,750 0.00% -100.00% Legal 44,500 44,500 6,260 38,240 14.07% -85.93% Audit 5,500 5,500 5,500 — 100.00% 0.00% Banking 8,600 8,600 10,684 (2,084) 124.23% 24.23% Maintenance 100,000 100,000 — 100,000 0.00% -100.00% Capital Outlay — — — — 0.00% -100.00% Other — — 3,375 (3,375) 0.00% -100.00% Total Expenditures 332,767 332,767 204,866 127,901 61.56% -38.44% Other Financing Uses: Transfers Out - EATS 1,175,000 1,175,000 742,289 432,711 63.17% -36.83% Transfers Out - Debt Service (City) 4,202,213 4,202,213 4,475,886 (273,673) 106.51% 6.51% Transfers Out - Captial Projects 2,309,104 2,309,104 4,472,285 (2,163,181) 193.68% 93.68% Transfers Out - Other Items — — 100,000 (100,000) 0.00% -100.00% Total Other Financing Uses 7,686,317 7,686,317 9,790,460 (2,104,143) 127.38% 27.38% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 481,759 481,759 (617,062) (1,098,821) Unassigned Fund Balance at Beginning of Year 10,439,449 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 06/30/23 9,822,387 Other Fund Balance Components: Restricted - current year encumbrances — Restricted - prior year encumbrances 5,795 Total Fund Balance $ 9,828,182
Center CID
the
37
Events
period ended June 30, 2023
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Crackerneck
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Sales taxes $ — — 547,562 547,562 0.00% -100.00% Investment income — — 10,958 10,958 0.00% -100.00% Total revenues — — 558,520 558,520 0.00% -100.00% Expenditures: Administrative fee — — 10,951 (10,951) 0.00% -100.00% Insurance — — 2,354 (2,354) 0.00% -100.00% Legal — — 1,250 (1,250) 0.00% -100.00% Audit — — 5,500 (5,500) 0.00% -100.00% Banking — — 583 (583) 0.00% -100.00% Contract services — — — — 0.00% -100.00% Capital outlay — — — — 0.00% -100.00% Other — — — — 0.00% -100.00% Total expenditures — — 20,638 (20,638) 0.00% -100.00% Other financing uses: Transfers out - EATS — — 273,781 (273,781) 0.00% -100.00% Transfers out - Debt Service (City) — — 415,000 (415,000) 0.00% -100.00% Total other financing uses — — 688,781 (688,781) 0.00% -100.00% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — (150,899) (150,899) Unassigned Fund Balance at Beginning of Year 190,339 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (685) Unassigned Ending Fund Balance, 06/30/23 38,755 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - City Transportation 7,861 Total Fund Balance $ 46,616
Creek TDD
the period ended
38
For
June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 16,349,881 16,349,881 0.00% -100.00% Investment Income (Loss) — — 834,028 773,794 0.00% -100.00% Other revenue — — 1,106,012 1,106,012 0.00% -100.00% Total Revenues — — 18,289,921 18,229,687 0.00% -100.00% Other Financing Sources: Transfers In — — 14,525,304 14,525,304 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 14,525,304 14,525,304 0.00% -100.00% Total Revenues and Other Financing Sources — — 32,815,225 32,754,991 0.00% -100.00% Expenditures: Tax Increment Financing — — 16,448,106 (16,447,554) 0.00% -100.00% Debt Service Principal 4,775,000 4,775,000 5,964,974 (1,189,974) 124.92% 24.92% Interest and Fiscal Agent Fees 4,356,100 4,356,100 5,427,864 (1,071,764) 124.60% 24.60% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures 9,131,100 9,131,100 27,840,944 (18,709,292) 304.90% 204.90% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 14,110,305 (10,984,281) 0.00% -100.00% Total Other Financing Uses — — 14,110,305 (10,984,281) 0.00% -100.00% Total Expenditures and Other Financing Uses 9,131,100 9,131,100 41,951,249 (29,693,573) 459.43% 359.43% Excess of Revenues Over (Under) Expenditures and other financing uses $ (9,131,100) (9,131,100) (9,136,024) (4,924) Unassigned Fund Balance at Beginning of Year 21,016,591 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year 154,166 Year-End Investment Market Value Adjustment 185,237 Unassigned Ending Fund Balance, 06/30/23 12,219,970 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 10,370,328 Total Fund Balance $ 22,590,298
Comparison Schedule Tax Increment Financing Summary For the Period Ended June 30, 2023 39
CITY OF INDEPENDENCE, MISSOURI Budgetary
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 36,280 36,280 0.00% -100.00% Investment Income (Loss) — — 18,137 18,137 0.00% -100.00% Other Revenue — — 121,664 121,664 0.00% -100.00% Total Revenues — — 176,081 176,081 0.00% -100.00% Other Financing Sources: Transfers In — — 1,313,333 1,313,333 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 1,313,333 1,313,333 0.00% -100.00% Total Revenues and Other Financing Sources — — 1,489,414 1,489,414 0.00% -100.00% Expenditures: Tax Increment Financing — — 4,308 (4,308) 0.00% -100.00% Debt Service Principal 210,000 210,000 210,000 — 100.00% 0.00% Interest and Fiscal Agent Fees 321,000 321,000 320,938 62 99.98% -0.02% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures 531,000 531,000 535,246 (4,246) 100.80% 0.80% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 531,000 531,000 535,246 (4,246) 100.80% 0.80% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (531,000) (531,000) 954,168 1,485,168 Unassigned Fund Balance at Beginning of Year (925,985) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (17,157) Year-End Investment Market Value Adjustment 68 Unassigned Ending Fund Balance, 06/30/23 11,094 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 500,909 Total Fund Balance $ 512,003
Schedule Santa Fe TIF For the Period Ended June 30, 2023 40
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 243,252 243,252 0.00% -100.00% Investment Income (Loss) — — — — 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 243,252 243,252 0.00% -100.00% Other Financing Sources: Transfers In — — 2,450,690 2,450,690 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 2,450,690 2,450,690 0.00% -100.00% Total Revenues and Other Financing Sources — — 2,693,942 2,693,942 0.00% -100.00% Expenditures: Tax Increment Financing — — — — 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — — — 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — — — 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 2,693,942 2,693,942 Unassigned Fund Balance at Beginning of Year (2,693,942) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 06/30/23 — Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ — CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Hartman Heritage TIF For the Period Ended June 30, 2023 41
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — (1,288) (1,288) 0.00% -100.00% Investment Income (Loss) — — 4 4 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — (1,284) (1,284) 0.00% -100.00% Expenditures: Tax Increment Financing — — (1,284) 1,284 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — (1,284) 1,284 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — (1,284) 1,284 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — — — Unassigned Fund Balance at Beginning of Year — Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment — Unassigned Ending Fund Balance, 06/30/23 — Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ —
Farm TIF
the Period Ended
2023 42
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Drumm
For
June 30,
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 4,503,440 4,503,440 0.00% -100.00% Investment Income (Loss) — — 396,377 396,377 0.00% -100.00% Other Revenue — — 26 26 0.00% -100.00% Total Revenues — — 4,899,843 4,899,843 0.00% -100.00% Other Financing Sources: Transfers In — — 677,468 677,468 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 677,468 677,468 0.00% -100.00% Total Revenues and Other Financing Sources — — 5,577,311 5,577,311 0.00% -100.00% Expenditures: Tax Increment Financing — — 15,199,315 (15,199,315) 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 15,199,315 (15,199,315) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 8,158,460 (8,158,460) 0.00% -100.00% Total Other Financing Uses — — 8,158,460 (8,158,460) 0.00% -100.00% Total Expenditures and Other Financing Uses — — 23,357,775 (23,357,775) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (17,780,464) (17,780,464) Unassigned Fund Balance at Beginning of Year 17,258,732 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year 392,126 Year-End Investment Market Value Adjustment 160,800 Unassigned Ending Fund Balance, 06/30/23 31,194 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 31,194
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Eastland TIF For the Period Ended June 30, 2023 43
CITY
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 70,486 70,486 0.00% -100.00% Investment Income (Loss) — — 4,466 4,466 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 74,952 74,952 0.00% -100.00% Expenditures: Tax Increment Financing — — 1,564 (1,564) 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — 82,877 (82,877) 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 84,441 (84,441) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% -100.00% Total Expenditures and Other Financing Uses — — 84,441 (84,441) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (9,489) (9,489) Unassigned Fund Balance at Beginning of Year 10,110 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 06/30/23 621 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 621
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule North Independence TIF For the Period Ended June 30, 2023 44
CITY
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Crackerneck Creek TIF For the Period Ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 1,945,362 1,945,362 0.00% -100.00% Investment Income (Loss) — — 178,783 178,783 0.00% -100.00% Other Revenue — — 984,322 984,322 0.00% -100.00% Total Revenues — — 3,108,467 3,108,467 0.00% -100.00% Other Financing Sources: Transfers In — — 2,538,000 2,538,000 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 2,538,000 2,538,000 0.00% -100.00% Total Revenues and Other Financing Sources — — 5,646,467 5,646,467 0.00% -100.00% Expenditures: Tax Increment Financing — — 41,448 (41,448) 0.00% -100.00% Debt Service Principal 2,260,000 2,260,000 2,260,000 — 100.00% 0.00% Interest and Fiscal Agent Fees 3,270,500 3,270,500 3,270,363 137 100.00% 0.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures 5,530,500 5,530,500 5,571,811 (41,311) 100.75% 0.75% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses 5,530,500 5,530,500 5,571,811 (41,311) 100.75% 0.75% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (5,530,500) (5,530,500) 74,656 5,605,156 Unassigned Fund Balance at Beginning of Year 4,497,305 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (136,870) Year-End Investment Market Value Adjustment 58,517 Unassigned Ending Fund Balance, 06/30/23 4,493,608 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 6,436,933 Total Fund Balance $ 10,930,541
45
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 754,179 754,179 0.00% -100.00% Investment Income (Loss) — — 1,812 1,812 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 755,991 755,991 0.00% -100.00% Expenditures: Tax Increment Financing — — 15,053 (15,053) 0.00% -100.00% Debt Service Principal — — 273,190 (273,190) 0.00% -100.00% Interest and Fiscal Agent Fees — — 471,879 (471,879) 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 760,122 (760,122) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 760,122 (760,122) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (4,131) (4,131) Unassigned Fund Balance at Beginning of Year 9,460 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 06/30/23 5,329 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 5,329
Budgetary Comparison Schedule Old Landfill TIF For the Period Ended June 30, 2023 46
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 491,426 491,426 0.00% -100.00% Investment Income (Loss) — — 1,233 1,233 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 492,659 492,659 0.00% -100.00% Other Financing Sources: Transfers In — — 53,348 53,348 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 53,348 53,348 0.00% -100.00% Total Revenues and Other Financing Sources — — 546,007 546,007 0.00% -100.00% Expenditures: Tax Increment Financing — — 9,413 (9,413) 0.00% -100.00% Debt Service Principal — — 417,626 (417,626) 0.00% -100.00% Interest and Fiscal Agent Fees — — 62,174 (62,174) 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 489,213 (489,213) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 53,348 (53,348) 0.00% -100.00% Total Other Financing Uses — — 53,348 (53,348) 0.00% -100.00% Total Expenditures and Other Financing Uses — — 542,561 (542,561) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 3,446 3,446 Unassigned Fund Balance at Beginning of Year 54,616 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (341) Unassigned Ending Fund Balance, 06/30/23 57,721 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 57,721 CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Trinity TIF For the Period Ended June 30, 2023 47
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
HCA TIF
For the Period Ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 4,212,247 4,212,247 0.00% -100.00% Investment Income (Loss) — — 100,408 100,408 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 4,312,655 4,312,655 0.00% -100.00% Other Financing Sources: Transfers In — — 11,473 11,473 0.00% -100.00% Proceeds from bond issuance — — — — Total Other Financing Sources — — 11,473 11,473 0.00% -100.00% Total Revenues and Other Financing Sources — — 4,324,128 4,324,128 0.00% -100.00% Expenditures: Tax Increment Financing — — 988,816 (988,816) 0.00% -100.00% Debt Service Principal 2,305,000 2,305,000 2,305,000 — 100.00% 0.00% Interest and Fiscal Agent Fees 764,600 764,600 764,600 — 100.00% 0.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures 3,069,600 3,069,600 4,058,416 (988,816) 132.21% 32.21% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 11,473 (11,473) 0.00% -100.00% Total Other Financing Uses — — 11,473 (11,473) 0.00% -100.00% Total Expenditures and Other Financing Uses 3,069,600 3,069,600 4,069,889 (1,000,289) 132.59% 32.59% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (3,069,600) (3,069,600) 254,239 3,323,839 Unassigned Fund Balance at Beginning of Year 940,378 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (83,592) Year-End Investment Market Value Adjustment 31,847 Unassigned Ending Fund Balance, 06/30/23 1,142,872 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 3,432,486 Total Fund Balance $ 4,575,358
48
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 249,443 249,443 0.00% -100.00% Investment Income (Loss) — — 1,693 1,693 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 251,136 251,136 0.00% -100.00% Expenditures: Tax Increment Financing — — 5,059 (5,059) 0.00% -100.00% Debt Service Principal — — 78,126 (78,126) 0.00% -100.00% Interest and Fiscal Agent Fees — — 174,524 (174,524) 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 257,709 (257,709) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 257,709 (257,709) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (6,573) (6,573) Unassigned Fund Balance at Beginning of Year 53,242 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (295) Unassigned Ending Fund Balance, 06/30/23 46,374 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 46,374
Cinema East TIF For the Period Ended June 30, 2023 49
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
23rd & Noland Project 1 TIF
For the Period Ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — (157,513) (157,513) 0.00% -100.00% Investment Income (Loss) — — 261 261 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — (157,252) (157,252) 0.00% -100.00% Expenditures: Tax Increment Financing — — 10 (10) 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 10 (10) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 10 (10) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (157,262) (157,262) Unassigned Fund Balance at Beginning of Year 157,362 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 06/30/23 100 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 100
50
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 2 TIF For the Period Ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 16,766 16,766 0.00% -100.00% Investment Income (Loss) — — 111 111 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 16,877 16,877 0.00% -100.00% Expenditures: Tax Increment Financing — — 369 (369) 0.00% -100.00% Debt Service Principal — — 25,900 (25,900) 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 26,269 (26,269) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 26,269 (26,269) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (9,392) (9,392) Unassigned Fund Balance at Beginning of Year 8,043 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (46) Unassigned Ending Fund Balance, 06/30/23 (1,395) Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ (1,395)
51
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 3 TIF For the Period Ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 38,975 38,975 0.00% -100.00% Investment Income (Loss) — — 382 382 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 39,357 39,357 0.00% -100.00% Expenditures: Tax Increment Financing — — 723 (723) 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 723 (723) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 37,000 (37,000) 0.00% -100.00% Total Other Financing Uses — — 37,000 (37,000) 0.00% -100.00% Total Expenditures and Other Financing Uses — — 37,723 (37,723) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 1,634 1,634 Unassigned Fund Balance at Beginning of Year 7,890 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (34) Unassigned Ending Fund Balance, 06/30/23 9,490 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 9,490
52
CITY
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 610,548 610,548 0.00% -100.00% Investment Income (Loss) — — 7,339 7,339 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 617,887 617,887 0.00% -100.00% Expenditures: Tax Increment Financing — — 11,151 (11,151) 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 11,151 (11,151) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 601,000 (601,000) 0.00% -100.00% Total Other Financing Uses — — 601,000 (601,000) 0.00% -100.00% Total Expenditures and Other Financing Uses — — 612,151 (612,151) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 5,736 5,736 Unassigned Fund Balance at Beginning of Year 89,896 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (516) Unassigned Ending Fund Balance, 06/30/23 95,116 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 95,116
& Noland Project
the Period Ended
30, 2023 53
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd
4 TIF For
June
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 301,832 301,832 0.00% -100.00% Investment Income (Loss) — — 28,344 28,344 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 330,176 330,176 0.00% -100.00% Expenditures: Tax Increment Financing — — 117,406 (117,406) 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 117,406 (117,406) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 117,406 (117,406) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 212,770 212,770 Unassigned Fund Balance at Beginning of Year 768,661 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (7,545) Unassigned Ending Fund Balance, 06/30/23 973,886 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 973,886
54
Independence Square TIF For the Period Ended June 30, 2023
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
I-70 & Little Blue Parkway Project 1 TIF For the Period Ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 2,405,989 2,405,989 0.00% -100.00% Investment Income (Loss) — — 28,184 28,184 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 2,434,173 2,434,173 0.00% -100.00% Expenditures: Tax Increment Financing — — 40,467 (40,467) 0.00% -100.00% Debt Service Principal — — 231,194 (231,194) 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 271,661 (271,661) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 1,805,000 (1,805,000) 0.00% -100.00% Total Other Financing Uses — — 1,805,000 (1,805,000) 0.00% -100.00% Total Expenditures and Other Financing Uses — — 2,076,661 (2,076,661) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 357,512 357,512 Unassigned Fund Balance at Beginning of Year 195,981 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (459) Unassigned Ending Fund Balance, 06/30/23 553,034 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 553,034
55
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
I-70 & Little Blue Parkway Project 3 TIF For the Period Ended June 30, 2023
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 344,445 344,445 0.00% -100.00% Investment Income (Loss) — — 4,868 4,868 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 349,313 349,313 0.00% -100.00% Expenditures: Tax Increment Financing — — 7,064 (7,064) 0.00% -100.00% Debt Service Principal — — 133,647 (133,647) 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 140,711 (140,711) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — 318,000 (318,000) 0.00% -100.00% Total Other Financing Uses — — 318,000 (318,000) 0.00% -100.00% Total Expenditures and Other Financing Uses — — 458,711 (458,711) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (109,398) (109,398) Unassigned Fund Balance at Beginning of Year 125,411 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (75) Unassigned Ending Fund Balance, 06/30/23 15,938 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 15,938
56
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 123,819 123,819 0.00% -100.00% Investment Income (Loss) — — 704 704 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 124,523 124,523 0.00% -100.00% Expenditures: Tax Increment Financing — — 3,048 (3,048) 0.00% -100.00% Debt Service Principal — — 12,811 (12,811) 0.00% -100.00% Interest and Fiscal Agent Fees — — 142,789 (142,789) 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 158,648 (158,648) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 158,648 (158,648) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (34,125) (34,125) Unassigned Fund Balance at Beginning of Year 92,122 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (434) Unassigned Ending Fund Balance, 06/30/23 57,563 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 57,563
Budgetary Comparison Schedule Marketplace Project 1 TIF For the Period Ended June 30, 2023 57
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ — — 160,193 160,193 0.00% -100.00% Investment Income (Loss) — — 688 688 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 160,881 160,881 0.00% -100.00% Expenditures: Tax Increment Financing — — 3,624 (3,624) 0.00% -100.00% Debt Service Principal — — 17,480 (17,480) 0.00% -100.00% Interest and Fiscal Agent Fees — — 137,720 (137,720) 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 158,824 (158,824) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% Total Other Financing Uses — — — — 0.00% -100.00% Total Expenditures and Other Financing Uses — — 158,824 (158,824) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 2,057 2,057 Unassigned Fund Balance at Beginning of Year 32,673 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (218) Unassigned Ending Fund Balance, 06/30/23 34,512 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 34,512
Budgetary Comparison Schedule Marketplace Project 2 TIF For the Period Ended June 30, 2023 58
CITY OF INDEPENDENCE, MISSOURI
UNAUDITED Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 100% of Year Budget Revenues: Taxes $ Property tax RSO - Cargo Largo — — 3,430 3,430 0.00% -100.00% Hartman Heritage — — 76,018 76,018 0.00% -100.00% Drumm Farm — — 195,687 195,687 0.00% -100.00% Mt Washington — — 2,603 2,603 0.00% -100.00% 23rd & Noland - Project 1 — — 71,861 71,861 0.00% -100.00% Sales tax RSO - Cargo Largo — — 401,698 401,698 0.00% -100.00% Drumm Farm — — 22,168 22,168 0.00% -100.00% Eastland — — 1,337,623 1,337,623 0.00% -100.00% North Independence — — 2,027 2,027 0.00% -100.00% Mt Washington — — 634 634 0.00% -100.00% 23rd & Noland - Project 1 — — 37,353 37,353 0.00% -100.00% Investment Income (Loss) — — 60,234 60,234 0.00% -100.00% Other Revenue — — — — 0.00% -100.00% Total Revenues — — 2,211,336 2,211,336 0.00% -100.00% Other Financing Sources: Transfers In — — 7,480,992 7,480,992 0.00% -100.00% Total Other Financing Sources — — 7,480,992 7,480,992 0.00% -100.00% Total Revenues and Other Financing Sources — — 9,692,328 9,692,328 0.00% -100.00% Expenditures: Tax Increment Financing — — 552 (552) 0.00% -100.00% Debt Service Principal — — — — 0.00% -100.00% Interest and Fiscal Agent Fees — — — — 0.00% -100.00% Debt Issuance Costs — — — — 0.00% -100.00% Total Expenditures — — 552 (552) 0.00% -100.00% Other Financing Uses: Issuance of Debt — — — — 0.00% -100.00% Reoffering Premium/Original Issue Discount — — — — 0.00% -100.00% Payment to Refund Loans Escrow Agent — — — — 0.00% -100.00% Transfers Out — — — — 0.00% -100.00% — — 3,126,024 (3,126,024) Total Other Financing Uses — — 3,126,024 (3,126,024) 0.00% -100.00% — — 6,252,048 (6,252,048) Total Expenditures and Other Financing Uses — — 3,126,576 (3,126,576) 0.00% -100.00% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 6,565,752 6,565,752 Unassigned Fund Balance at Beginning of Year 334,636 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment (56,373) Unassigned Ending Fund Balance, 06/30/23 6,844,015 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 6,844,015 CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule TIF Supplemental Appropriation Fund For the Period Ended June 30, 2023 59
