Monthly Financial and Operating Report May 2023
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 General Fund
For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Real Estate Tax $ 5,903,000 5,903,000 5,773,458 (129,542) 97.81% 6.14% Sales Tax 20,635,000 20,635,000 19,384,232 (1,250,768) 93.94% 2.27% Use Tax 535,000 535,000 606,970 71,970 113.45% 21.78% Cigarette Tax 380,000 380,000 322,670 (57,330) 84.91% -6.76% Franchise Tax 8,344,000 8,344,000 8,131,342 (212,658) 97.45% 5.78% Licenses and Permits 4,410,950 4,410,950 4,311,898 (99,052) 97.75% 6.08% Intergovernmental 5,810,000 5,810,000 6,121,778 311,778 105.37% 13.70% Charges for Current Services 1,955,400 2,033,302 2,150,765 117,463 105.78% 14.11% Interfund Charges for Support Services 2,354,600 2,354,600 2,158,383 (196,217) 91.67% 0.00% Fines and Forfeitures 2,156,000 2,156,000 1,772,777 (383,223) 82.23% -9.44% Investment Income (Loss) 220,000 220,000 210,235 (9,765) 95.56% 3.89% Other Revenue 750,400 750,400 379,876 (370,524) 50.62% -41.05% Total Revenues 53,454,350 53,532,252 51,324,384 (2,207,868) 95.88% 4.21% Other Financing Sources: Payments In Lieu of Taxes 20,848,787 20,848,787 19,941,740 (907,047) 95.65% 3.98% Transfers In — — — — 0.00% -91.67% Operating Transfers In - American Rescue Plan — — — — 0.00% -91.67% Total Other Financing Sources 20,848,787 20,848,787 19,941,740 (907,047) 95.65% 3.98% Total Revenues and Other Financing Sources 74,303,137 74,381,039 71,266,124 (3,114,915) 95.81% 4.14% Expenditures: City Council 686,729 896,038 657,581 238,457 73.39% -18.28% City Clerk 266,577 332,702 443,722 (111,020) 133.37% 41.70% City Manager 1,101,987 1,157,647 1,046,146 111,501 90.37% -1.30% Municipal Court 1,687,121 1,687,121 1,391,859 295,262 82.50% -9.17% Law 182,663 182,663 157,506 25,157 86.23% -5.44% Finance 626,644 627,644 647,007 (19,363) 103.09% 11.42% Community Development 5,387,456 5,308,392 4,342,079 966,313 81.80% -9.87% Police 34,273,528 34,350,430 30,365,521 3,984,909 88.40% -3.27% Fire 23,811,497 23,625,592 22,846,206 779,386 96.70% 5.03% Municipal Services (Public Works) 5,972,696 5,972,696 4,778,872 1,193,824 80.01% -11.66% Parks and Recreation 296,239 296,239 188,073 108,166 63.49% -28.18% Contingencies — — — — 0.00% -91.67% Debt service — — — — 0.00% -91.67% Total Expenditures 74,293,137 74,437,164 66,864,572 7,572,592 89.83% -1.84% Other Financing Uses: Transfers Out 10,000 10,000 163,085 (153,085) 1630.85% 1539.18% Total Expenditures and Other Financing Uses 74,303,137 74,447,164 67,027,657 7,419,507 90.03% -1.64% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (66,125) 4,238,467 4,304,592 Unassigned Fund Balance at Beginning of Year 6,281,728 Cancellation of prior year encumbrances 46,229 Change in other fund balance components during the year (223,053) Year-end investment market value adjustment — Ending Unassigned Fund Balance, 05/31/23 10,343,371 Restricted 326,902 Committed 10,813 Assigned 822,287 Total Fund Balance $ 11,503,373
1
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Street Improvements Sales Tax Fund For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Sales Taxes $ 9,715,000 9,715,000 8,988,198 (726,802) 92.52% 0.85% Use Tax 268,000 268,000 303,485 35,485 113.24% 21.57% Charges for Services — — — — 0.00% -91.67% Intergovernmental Revenue — — 709,776 709,776 0.00% -91.67% Investment Income (Loss) 77,000 77,000 563,844 486,844 732.26% 640.59% Other Revenue — — 94 94 0.00% -91.67% Total Revenues 10,060,000 10,060,000 10,565,397 505,397 105.02% 13.35% Other Financing Sources: Transfers in — — 153,284 153,284 0.00% -91.67% Total other financing sources — — 153,284 153,284 0.00% -91.67% Total revenues and other financing sources 10,060,000 10,060,000 10,718,681 658,681 106.55% 14.88% Expenditures: General Government — — — — 0.00% -91.67% Street Maintenance 1,265,081 1,265,081 882,444 382,637 69.75% -21.92% Capital Outlay 6,556,836 15,996,210 5,297,288 10,698,922 33.12% -58.55% Debt Service 1,744,200 1,744,200 1,744,148 52 100.00% 8.33% Total Expenditures 9,566,117 19,005,491 7,923,880 11,081,611 41.69% -49.98% Other Financing Uses: Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 9,566,117 19,005,491 7,923,880 11,081,611 41.69% -49.98% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 493,883 (8,945,491) 2,794,801 11,740,292 Unassigned Fund Balance at Beginning of Year (101,812) Cancellation of Prior Year Encumbrances 1,144,938 Change in Other Fund Balance Components During the Year (7,079) Year-end investment market value adjustment — Ending Unassigned Fund Balance, 05/31/23 3,830,848 Fund Balance Components: Restricted - Current Year Encumbrances 3,303,510 Restricted - Prior Year Encumbrances 4,719,066 Restricted - Debt Reserve Project Accounts - Capital Projects 11,427,398 Total Fund Balance $ 23,280,822
2
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Park Improvements Sales Tax Fund For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Sales Taxes $ 4,858,000 4,858,000 4,494,372 (363,628) 92.51% 0.84% Use Tax 134,000 134,000 151,743 17,743 113.24% 21.57% Charges for services 474,540 474,540 516,728 42,188 108.89% 17.22% Intergovernmental 88,500 88,500 49,076 (39,424) 55.45% -36.22% Investment Income (Loss) 59,180 59,180 70,345 11,165 118.87% 27.20% Other Revenue 7,500 7,500 42,247 34,747 563.29% 471.62% Total Revenues 5,621,720 5,621,720 5,324,511 (297,209) 94.71% 3.04% Other Financing Sources: Transfers In — — — — 0.00% -91.67% Transfers In - American Rescue Plan — — — — 0.00% -91.67% Proceeds from Bond Issuance/Capital Lease — — — — 0.00% -91.67% Total Other Financing Sources — — — — 0.00% -91.67% Total Revenues and Other Financing Sources 5,621,720 5,621,720 5,324,511 (297,209) 94.71% 3.04% Expenditures: Culture and Recreation 5,103,261 5,332,997 4,449,048 883,949 83.42% -8.25% Capital Outlay 993,000 1,645,547 540,542 1,105,005 32.85% -58.82% Debt Service — — — — 0.00% -91.67% Total Expenditures 6,096,261 6,978,544 4,989,590 1,988,954 71.50% -20.17% Other Financing Uses: Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 6,096,261 6,978,544 4,989,590 1,988,954 71.50% -20.17% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (474,541) (1,356,824) 334,921 1,691,745 Unassigned Fund Balance at Beginning of Year 3,054,584 Cancellation of Prior Year Encumbrances 15,351 Change in Other Fund Balance Components During the Year 21,275 Year-end investment market value adjustment — Ending Unassigned Fund Balance, 05/31/23 3,426,131 Other Fund Balance Components: Restricted - Current Year Encumbrances 270,529 Restricted - Prior Year Encumbrances 34,988 Total Fund Balance $ 3,731,648
3
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
Storm
For
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Sales Taxes $ 4,858,000 4,858,000 4,494,372 (363,628) 92.51% 0.84% Use Tax 134,000 134,000 151,742 17,742 113.24% 21.57% Charges for Services — — 723 723 0.00% -91.67% Intergovernmental — — — — 0.00% -91.67% Investment Income (loss) 164,000 164,000 276,799 112,799 168.78% 77.11% Other Revenue 7,900 16,685 26,419 9,734 158.34% 66.67% Total revenues 5,163,900 5,172,685 4,950,055 (222,630) 95.70% 4.03% Expenditures: Storm water Administration 233,009 233,009 208,041 24,968 89.28% -2.39% Maintenance 2,684,530 2,693,315 1,899,012 794,303 70.51% -21.16% Permit completion 318,000 318,000 305,200 12,800 95.97% 4.30% Capital outlay 1,500,000 4,590,291 1,211,651 3,378,640 26.40% -65.27% — Total Expenditures 4,735,539 7,834,615 3,623,904 4,210,711 46.26% -45.41% Other financing uses: Transfers out — — 1,724 (1,724) 0.00% -91.67% Total other financing uses — — 1,724 (1,724) 0.00% -91.67% Total Ependitures and Other Financing Uses 4,735,539 7,834,615 3,625,628 4,208,987 46.28% -45.39% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 428,361 (2,661,930) 1,324,427 3,986,357 Unassigned Fund Balance at Beginning of Year 9,093,308 Cancellation of Prior Year Encumbrances 169,388 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 05/31/23 10,587,123 Other Fund Balance Components: Restricted - Current Year Encumbrances 769,834 Restricted - Prior Year Encumbrances 201,394 Restricted - Regional Detention Construction 120,524 Restricted - Regional Detention Maintenance 59,159 Restricted - Emergency Response Relief 500,000 Total Fund Balance $ 12,238,034
Schedule
Water Sales Tax Fund
the period ended May 31, 2023 4
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Police Public Safety Sales Tax Fund For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Sales Taxes $ 2,580,000 2,580,000 2,446,435 (133,565) 94.82% 3.15% Use Tax 67,000 67,000 75,871 8,871 113.24% 21.57% Investment Income (Loss) 35,000 35,000 59,110 24,110 168.89% 77.22% Other Revenue 7,600 7,600 127,230 119,630 1674.08% 1582.41% Total Revenues 2,689,600 2,689,600 2,708,646 19,046 100.71% 9.04% Expenditures: Public Safety Communications 522,200 515,060 455,802 59,258 88.49% -3.18% Facilities 105,200 112,340 98,365 13,975 87.56% -4.11% Equipment 1,743,700 1,743,700 1,619,790 123,910 92.89% 1.22% Debt Service — — 841 (841) 0.00% -91.67% Total Expenditures 2,371,100 2,371,100 2,174,798 196,302 91.72% 0.05% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 2,371,100 2,371,100 2,174,798 196,302 91.72% 0.05% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 318,500 318,500 533,848 215,348 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 — Ending Unassigned Fund Balance, 05/31/23 2,981,278 Other Fund Balance Components: Restricted - Current Year Encumbrances 135,294 Restricted - Prior Year Encumbrances 35,242 Total Fund Balance $ 3,151,814
5
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Fire Protection Sales Tax Fund For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Sales Taxes $ 8,770,000 8,770,000 9,765,370 995,370 111.35% 19.68% Use Tax 268,000 268,000 303,485 35,485 113.24% 21.57% Investment Income (Loss) 29,000 29,000 122,207 93,207 421.40% 329.73% Other Revenue 6,000 6,000 43,053 37,053 717.55% 625.88% Total Revenues 9,073,000 9,073,000 10,234,115 1,161,115 112.80% 21.13% Expenditures: Public Safety 6,821,786 7,612,662 4,730,007 2,882,655 62.13% -29.54% Capital outlay — 200,000 — 200,000 0.00% -91.67% Debt Service 73,300 73,300 73,235 65 99.91% 8.24% Total Expenditures 6,895,086 7,885,962 4,803,242 3,082,720 60.91% -30.76% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 6,895,086 7,885,962 4,803,242 3,082,720 60.91% -30.76% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 2,177,914 1,187,038 5,430,873 4,243,835 Unassigned Fund Balance at Beginning of Year 1,854,972 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 05/31/23 7,285,845 Other Fund Balance Components: Restricted - Current Year Encumbrances 1,195,831 Restricted - Prior Year Encumbrances 129,724 Total Fund Balance $ 8,611,400
6
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Use Tax $ 782,000 782,000 782,000 — 100.00% 8.33% Intergovernmental Revenue — — — — 0.00% -91.67% Investment Income (Loss) 3,000 3,000 13,884 10,884 462.80% 371.13% Other Revenue — — 46 46 0.00% -91.67% Total Revenues 785,000 785,000 795,930 10,930 101.39% 9.72% Expenditures: General Government — — — — 0.00% -91.67% Animal Services 769,213 769,213 611,854 157,359 79.54% -12.13% Capital Outlay — — — — 0.00% -91.67% Debt Service — — — — 0.00% -91.67% Total Expenditures 769,213 769,213 611,854 157,359 79.54% -12.13% Other Financing Uses: Transfers In — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 769,213 769,213 611,854 157,359 79.54% -12.13% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 15,787 15,787 184,076 168,289 Unassigned Fund Balance at Beginning of Year 207,703 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 05/31/23 391,779 Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 391,779
Budgetary Comparison Schedule Animal Shelter Use Tax For the period ended May 31, 2023 7
CITY OF INDEPENDENCE, MISSOURI
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Police Use Tax For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Use Tax $ 4,100,000 4,100,000 4,100,000 — 100.00% 8.33% Investment Income (Loss) 59,000 59,000 138,426 79,426 234.62% 142.95% Other Revenue — — 15 15 0.00% -91.67% Total Revenues 4,159,000 4,159,000 4,238,441 79,441 101.91% 10.24% Expenditures: Public Safety 4,029,166 4,175,616 3,598,941 576,675 86.19% -5.48% Debt Service — — — — 0.00% -91.67% Total Expenditures 4,029,166 4,175,616 3,598,941 576,675 86.19% -5.48% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% — Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 4,029,166 4,175,616 3,598,941 576,675 86.19% -5.48% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 129,834 (16,616) 639,500 656,116 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 — Ending Unassigned Fund Balance, 05/31/23 5,333,198 Other Fund Balance Components: Restricted - Current Year Encumbrances 230,965 Restricted - Prior Year Encumbrances — Total Fund Balance $ 5,564,163
8
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Health Property Tax Levy For the period ended May 31, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ 881,500 881,500 860,895 (20,605) 97.66% 5.99% Charges for Services 154,500 154,500 141,208 (13,292) 91.40% -0.27% Licenses & Permits 392,238 392,238 422,366 30,128 107.68% 16.01% Investment Income (Loss) 3,731 3,731 18,291 14,560 490.24% 398.57% Other Revenue 14,000 14,000 12,988 (1,012) 92.77% 1.10% Total Revenues 1,445,969 1,445,969 1,455,748 9,779 100.68% 9.01% Other Financing Sources: Transfers In — — — — 0.00% -91.67% Transfers In - American Rescue Plan 300,000 300,000 300,000 — 100.00% 8.33% Total Other Financing Uses 300,000 300,000 300,000 — 100.00% 8.33% Total Revenues and Other Sources 1,745,969 1,745,969 1,755,748 9,779 100.56% 8.89% Expenditures: Animal Services 1,045,512 1,045,512 882,252 163,260 84.38% -7.29% Health Services 733,636 733,636 559,052 174,584 76.20% -15.47% Total Expenditures 1,779,148 1,779,148 1,441,304 337,844 81.01% -10.66% Other Financing Uses: Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Uses 1,779,148 1,779,148 1,441,304 337,844 81.01% -10.66% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (333,179) (333,179) 314,444 647,623 Unassigned Fund Balance at Beginning of Year 164,970 Cancellation of Prior Year Encumbrances 752 Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 05/31/23 480,166 Other Fund Balance Components: Restricted - Current Year Encumbrances 12,933 Restricted - Prior Year Encumbrances — Total Fund Balance $ 493,099
9
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Parks and Recreation Property Tax Levy For the period ended May 31, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ 1,876,775 1,876,775 1,829,201 (47,574) 97.47% 5.80% Intergovernmental — — — — 0.00% -91.67% Charges for Services 120,650 120,650 99,160 (21,490) 82.19% -9.48% Investment Income (Loss) 19,165 19,165 24,877 5,712 129.80% 38.13% Other Revenue — — 29,700 29,700 0.00% -91.67% Total Revenues 2,016,590 2,016,590 1,982,938 (33,652) 98.33% 6.66% Expenditures: Parks and Recreation 2,554,180 2,554,180 2,291,727 262,453 89.72% -1.95% Total Expenditures 2,554,180 2,554,180 2,291,727 262,453 89.72% -1.95% Other Financing Uses – Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Uses 2,554,180 2,554,180 2,291,727 262,453 89.72% -1.95% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (537,590) (537,590) (308,789) 228,801 Unassigned Fund Balance at Beginning of Year 581,332 Cancellation of Prior Year Encumbrances 444 Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 05/31/23 272,987 Other Fund Balance Components: Restricted - Current Year Encumbrances 77,632 Restricted - Prior Year Encumbrances — Total Fund Balance $ 350,619 10
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule Tourism Fund For the period ended May 31, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Transient Guest Taxes $ 1,975,000 1,975,000 2,100,701 125,701 106.36% 14.69% Charges for Services 32,000 32,000 26,863 (5,137) 83.95% -7.72% Investment Income (Loss) 25,050 25,050 50,707 25,657 202.42% 110.75% Other Revenue 12,050 12,050 11,337 (713) 94.08% 2.41% Total Revenues 2,044,100 2,044,100 2,189,608 145,508 107.12% 15.45% Other Financing Sources: Transfers In - American Resuce Plan — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Revenues and Other Sources 2,044,100 2,044,100 2,189,608 145,508 107.12% 15.45% Expenditures: Tourism 2,709,247 3,339,449 1,549,178 1,790,271 46.39% -45.28% Total Expenditures 2,709,247 3,339,449 1,549,178 1,790,271 46.39% -45.28% Other Financing Uses – Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Uses 2,709,247 3,339,449 1,549,178 1,790,271 46.39% -45.28% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (665,147) (1,295,349) 640,430 1,935,779 Unassigned Fund Balance at Beginning of Year 1,178,234 Cancellation of Prior Year Encumbrances 478 Change in Other Fund Balance Components During the Year — Year-end investment market value adjustment — Ending Unassigned Fund Balance, 05/31/23 1,819,142 Other Fund Balance Components: Restricted - Current Year Encumbrances 157,895 Restricted - Prior Year Encumbrances 45,245 Restricted - Operating Reserve 376,368 Total Fund Balance $ 2,398,650
11
Independence Square Benefit District For the period ended May 31, 2023 Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 26,384 26,384 0.00% -91.67% Investment Income (Loss) — — 1,599 1,599 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 27,983 27,983 0.00% -91.67% Expenditures: Capital Outlay — — 427 (427) 0.00% -91.67% Total Expenditures — — 427 (427) 0.00% -91.67% Other Financing Uses – Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Uses — — 427 (427) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 27,556 27,556 Unassigned Fund Balance at Beginning of Year 8,365 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Ending Unassigned Fund Balance, 05/31/23 35,921 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 35,921 12
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Community
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Federal Grant - CDBG $ 800,000 867,974 846,246 (21,728) 97.50% 5.83% Other Revenue — — — — — -91.67% Total Revenues 800,000 867,974 846,246 (21,728) 97.50% 5.83% Expenditures: CDBG Administration 160,000 173,595 160,702 12,893 92.57% 0.90% CDBG Expenditures 640,000 325,196 325,196 — 100.00% 8.33% Total Expenditures 800,000 498,791 485,898 12,893 97.42% 5.75% Other Financing Uses: Transfers Out — 369,183 153,283 215,900 41.52% -50.15% Total Other Financing Uses — 369,183 153,283 215,900 41.52% -50.15% Total Expenditures and Other Uses 800,000 867,974 639,181 228,793 73.64% -18.03% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 207,065 207,065 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, 05/31/23 (160,150) Other Fund Balance Components: Restricted - Current Year Encumbrances 33,725 Restricted - Prior Year Encumbrances 125,687 Total Fund Balance $ (738)
Block Grant Fund
13
Development
For the period ended May 31, 2023
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Rental Rehabilitation For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: HOME Program Grant $ 465,330 579,003 514,911 (64,092) 88.93% -2.74% Total Revenues 465,330 579,003 514,911 (64,092) 88.93% -2.74% Expenditures: HOME Administration 46,533 88,811 78,895 9,916 88.83% -2.84% Multi Family Housing 325,730 381,449 331,375 50,074 86.87% -4.80% Community Housing Development 93,067 108,743 93,066 15,677 85.58% -6.09% Total Expenditures 465,330 579,003 503,336 75,667 86.93% -4.74% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 11,575 11,575 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, 05/31/23 (258,560) Other Fund Balance Components: Restricted - Current Year Encumbrances 218,777 Restricted - Prior Year Encumbrances 53,030 Total Fund Balance $ 13,247
14
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Licenses and Permits $ — — 100,224 100,224 0.00% -91.67% Investment Income (Loss) 21,000 21,000 29,272 8,272 139.39% 47.72% Other Revenue — — — — 0.00% -91.67% Total Revenues 21,000 21,000 129,496 108,496 616.65% 524.98% Expenditures: General Government — — 419 (419) 0.00% -91.67% Total expenditures — — 419 (419) 0.00% -91.67% Other Financing Uses: Transfers Out/Capital Outlay — — 4,934 (4,934) 0.00% -91.67% Total Other Financing Uses — — 4,934 (4,934) 0.00% -91.67% Total Expenditures and Other Financing Uses — — 5,353 (5,353) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 21,000 21,000 124,143 103,143 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 — Ending Unassigned Fund Balance, 05/31/23 1,294,290 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 1,294,290
Schedule License Surcharge For the period ended May 31, 2023 15
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Grants For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Intergovernmental $ 2,311,280 7,538,564 2,891,625 (4,646,939) 38.36% -53.31% Charges for Services 109,023 109,023 172,872 63,849 158.56% 66.89% Other Revenue — 290,361 336 (290,025) 0.12% -91.55% Total Revenues 2,420,303 7,937,948 3,064,833 (4,873,115) 38.61% -53.06% Other financing sources: Transfers In — — — — 0.00% -91.67% Total other financing sources — — — — 0.00% -91.67% Total revenues and other financing sources 2,420,303 7,937,948 3,064,833 (4,873,115) 38.61% -53.06% Expenditures: Public Safety 640,270 2,871,649 1,726,623 1,145,026 60.13% -31.54% General Government 27,892 108,713 25,761 82,952 23.70% -67.97% Culture and Recreation — 83,434 33,366 50,068 39.99% -51.68% Community Development 940,000 1,995,670 1,232,159 763,511 61.74% -29.93% Animal Services — 16,269 3,512 12,757 21.59% -70.08% Health Services 465,497 2,238,815 529,428 1,709,387 23.65% -68.02% Total Expenditures 2,073,659 7,314,550 3,550,849 3,763,701 48.55% -43.12% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 2,073,659 7,314,550 3,550,849 3,763,701 48.55% -43.12% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ 346,644 623,398 (486,016) (1,109,414) 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, 05/31/23 (714,575) Other Fund Balance Components: Restricted - Current Year Encumbrances 354,859 Restricted - Prior Year Encumbrances 120,040 Total Fund Balance $ (239,676)
16
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule American Rescue Plan (ARP) For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Intergovernmental $ 9,557,038 9,557,038 5,143,889 (4,413,149) 53.82% -37.85% Charges for Services — — — — 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues 9,557,038 9,557,038 5,143,889 (4,413,149) 53.82% -37.85% Other financing sources: Transfers in — — — — 0.00% -91.67% Total other financing sources — — — — 0.00% -91.67% Total revenues and other financing sources 9,557,038 9,557,038 5,143,889 (4,413,149) 53.82% -37.85% Expenditures: Personnel Services 110,000 110,000 112,535 (2,535) 102.30% 10.63% Other Services 1,112,038 1,112,038 449,980 662,058 40.46% -51.21% Supplies — — 130 (130) 0.00% -91.67% Capital Outlay 4,135,000 4,135,000 417,368 3,717,632 10.09% -81.58% Total Expenditures 5,357,038 5,357,038 980,013 4,377,025 18.29% -73.38% Other Financing Uses: Transfers Out - American Rescue Plan 4,200,000 4,200,000 4,200,000 — 100.00% 8.33% — Total Other Financing Uses 4,200,000 4,200,000 4,200,000 — 100.00% 8.33% Total Expenditures and Other Financing Uses 9,557,038 9,557,038 5,180,013 4,377,025 54.20% -37.47% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (36,124) (36,124) 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, 05/31/23 (246,637) Other Fund Balance Components: Restricted - Current Year Encumbrances 148,464 Restricted - Prior Year Encumbrances 98,173 Total Fund Balance $ —
17
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating Revenues: Charges for Services $ 131,606,000 131,606,000 127,806,620 (3,799,380) 97.11% 5.44% Penalties 1,000,000 1,000,000 1,369,610 369,610 136.96% 45.29% Connection Charges 33,000 33,000 6,138 (26,862) 18.60% -73.07% Miscellaneous — — 52,384 52,384 0.00% -91.67% Temporary Service 1,000 1,000 1,050 50 105.00% 13.33% Rental Income 276,000 276,000 299,990 23,990 108.69% 17.02% Transmission Wheeling 7,000,000 7,000,000 6,528,275 (471,725) 93.26% 1.59% Total Operating Revenues 139,916,000 139,916,000 136,064,067 (3,851,933) 97.25% 5.58% Operating Expenses: Personnel Services 28,729,037 28,729,037 24,839,823 3,889,214 86.46% -5.21% Retiree Benefits 1,460,000 1,460,000 1,328,762 131,238 91.01% -0.66% Other Services 26,956,585 26,857,785 28,016,812 (1,159,027) 104.32% 12.65% Supplies 55,603,355 55,657,405 57,564,363 (1,906,958) 103.43% 11.76% Capital Projects 5,305,000 14,289,794 5,418,862 8,870,932 37.92% -53.75% Capital Operating 1,400,225 1,444,975 791,733 653,242 54.79% -36.88% Debt Service 7,896,466 7,896,466 3,589,925 4,306,541 45.46% -46.21% Other Expenses 100,000 100,000 — 100,000 0.00% -91.67% Total Operating Expenses 127,450,668 136,435,462 121,550,280 14,885,182 89.09% -2.58% Nonoperating Revenues (Expenses): Investment Income 118,000 118,000 1,481,159 1,363,159 1255.22% 1163.55% Interfund Charges for Support Services 2,011,000 2,011,000 1,877,341 (133,659) 93.35% 1.68% Miscellaneous Revenue (Expense) 15,700 15,700 420,665 404,965 2679.39% 2587.72% Total Nonoperating Revenue (Expenses) 2,144,700 2,144,700 3,779,165 1,634,465 176.21% 84.54% 14,610,032 5,625,238 18,292,952 12,667,714 325.19% 233.52% Capital Contributions — — — — 0.00% -91.67% Transfers Out – Utility Payments In Lieu of Taxes (13,000,000) (13,000,000) (13,593,518) 593,518 104.57% 12.90% Transfers In — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Transfers (13,000,000) (13,000,000) (13,593,518) 593,518 104.57% 12.90% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 1,610,032 (7,374,762) 4,699,434 12,074,196 Beginning Available Resources 49,405,589 Prior Period Adjustment — Year-End Investment Market Value Adjustment — Ending Available Resources 54,105,023 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 $ 1,605,023 Income (Loss) Before Transfers
Power and Light For the period ended May 31, 2023 18
Power and Light - Open Capital Projects As of May 31, 2023
PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 200815 T&D Sys IMPROVEMENTS $ - 833,939.48 833,939.48 549,755.34 63,315.00 220,869.14 200824 Prod Plt MISC PROJECTS - 68,257.76 68,257.76 - - 68,257.76 200828 FIBER OPTIC PROGRAM - 198,999.72 198,999.72 109,032.89 114,949.12 (24,982.29) 201106 69 KV SUBSTATION FACILITIES - 321,078.50 321,078.50 124,833.71 85,009.85 111,234.94 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 1,356,365.47 180,835.32 487,541.60 687,988.55 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 83,387.61 219,973.39 172,116.00 201703 BV GROUND WATER - 369,648.98 369,648.98 22,523.78 59,540.18 287,585.02 201706 SUBSTATION K SWITCHGEAR & - 963,211.67 963,211.67 202,802.46 760,218.75 190.46 201707 MASTER PLAN-FUTURE GENERATIO - 32,500.00 32,500.00 - - 32,500.00 201710 Mo CITY DIVESTITURE - 450,681.26 450,681.26 357,300.22 93,380.54 0.50 201804 SUBSTATION E SWITCHGEAR REPLACEMENT - 5,159,198.91 5,159,198.91 1,530,258.92 1,649,666.49 1,979,273.50 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 69,209.82 325,271.09 494,006.23 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 - 500,000.00 182,484.00 - 317,516.00 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 83,410.43 76,323.57 290,266.00 202317 H5 Combustion Turbine Repair - 2,199,611.97 2,199,611.97 1,795,534.99 404,077.15 (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 6,170,410.66 5,971,558.13 9,201,058.27 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 14,289,793.73 $ 7,053,233.33 21,343,027.06 Less Expenditures 1,500,670.75 4,470,887.38 5,971,558.13 Less Encumbrances 3,918,190.84 2,252,219.82 6,170,410.66 Total Available 8,870,932.14 $ 330,126.13 9,201,058.27
19
CITY OF INDEPENDENCE, MISSOURI
For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating Revenues: Charges for Services $ 32,165,000 32,165,000 30,992,015 (1,172,985) 96.35% 4.68% Penalties 100,000 100,000 442,159 342,159 442.16% 350.49% Connection/Disconnection Charges 12,000 12,000 19,439 7,439 161.99% 70.32% Miscellaneous 10,000 10,000 18,569 8,569 185.69% 94.02% Returned Check Charges 23,000 23,000 27,270 4,270 118.57% 26.90% Rental Income 85,000 85,000 116,448 31,448 137.00% 45.33% Meter Repairs — — — — 0.00% -91.67% Merchandising Jobbing — — 8,405 8,405 0.00% -91.67% Total Operating Revenues 32,395,000 32,395,000 31,624,305 (770,695) 97.62% 5.95% Operating expenses: Personnel Services 9,646,673 9,646,673 7,607,100 2,039,573 78.86% -12.81% Retiree Benefits 364,000 364,000 318,372 45,628 87.46% -4.21% Other Services 13,703,182 13,567,682 9,356,885 4,210,797 68.96% -22.71% Supplies 2,840,700 3,015,700 3,222,449 (206,749) 106.86% 15.19% Capital Projects 7,800,000 22,584,919 9,234,984 13,349,935 40.89% -50.78% Capital Operating 1,134,500 1,095,000 598,938 496,062 54.70% -36.97% Debt Service 2,526,400 2,526,400 2,240,826 285,574 88.70% -2.97% Other Expenses 50,000 50,000 — 50,000 0.00% -91.67% Total Operating Expenses 38,065,455 52,850,374 32,579,554 20,270,820 61.64% -30.03% Nonoperating Revenues (Expenses): Investment Income 657,138 657,138 1,313,955 656,817 199.95% 108.28% Interfund Charges for Support Services 3,300,500 3,300,500 3,079,284 (221,216) 93.30% 1.63% Miscellaneous Revenue (Expense) 16,700 16,700 (2,043) (18,743) -12.23% -103.90% Total Nonoperating Revenue (Expenses) 3,974,338 3,974,338 4,391,196 416,858 110.49% 18.82% (1,696,117) (16,481,036) 3,435,947 19,916,983 -20.85% -112.52% Transfers Out – Utility Payments In Lieu of Taxes (2,941,000) (2,941,000) (3,054,606) 113,606 103.86% 12.19% Transfers In — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Transfers (2,941,000) (2,941,000) (3,054,606) 113,606 103.86% 12.19% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (4,637,117) (19,422,036) 381,341 19,803,377 Beginning Available Resources 48,655,139 Year-End Investment Market Value Adjustment — Ending Available Resources 49,036,480 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 $ 34,636,480 Income (Loss) Before Transfers
Comparison
20
Budgetary
Schedule Water
Water - Open Capital Projects As of May 31, 2023
PROJECT PROJECT TITLE ORIGINAL BUDGET NET BUDGET AMENDMENTS REVISED BUDGET ENCUMBRANCES ACTUALS AVAILABLE BUDGET 400708 TREATMENT Plt DISCHARGE $ - 300,000.00 300,000.00 79,530.39 18,469.61 202,000.00 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 3,541,237.78 329,496.06 378,522.40 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 2,170,212.30 105,048.65 2,106,614.55 (41,450.90) 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 58,945.88 535,092.39 103,132.50 402011 Main Replace Salisbury/Peck/Geospac - 1,179,100.00 1,179,100.00 105,000.00 951,250.00 122,850.00 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 - 540,502.00 540,502.00 112,497.65 385,842.35 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 85,122.50 14,877.50 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 3,794,153.67 883,506.70 587,668.70 2,322,978.27 9952 SECURITY UPGRADES - 517,590.82 517,590.82 6,202.03 62,884.43 448,504.36 $ 2,800,000.00 23,980,362.62 26,780,362.62 7,927,298.58 5,503,116.79 13,349,947.25 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 22,584,918.85 $ 4,195,443.77 26,780,362.62 Less Expenditures 1,785,103.23 3,718,013.56 5,503,116.79 Less Encumbrances 7,449,880.67 477,417.91 7,927,298.58 Total Available 13,349,934.95 $ 12.30 13,349,947.25
21
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Sanitary Sewer For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating revenues: Charges for Services $ 35,821,585 35,821,585 32,920,172 (2,901,413) 91.90% 0.23% Penalties 200,000 200,000 133,172 (66,828) 66.59% -25.08% Total operating revenues 36,021,585 36,021,585 33,053,344 (2,968,241) 91.76% 0.09% Operating expenses: Personnel Services 6,796,986 6,796,986 5,095,286 1,701,700 74.96% -16.71% Retiree Benefits 348,000 348,000 325,849 22,151 93.63% 1.96% Other Services 15,594,591 15,632,836 11,946,443 3,686,393 76.42% -15.25% Supplies 1,285,100 1,279,600 785,095 494,505 61.35% -30.32% Capital Projects 1,750,000 14,137,113 1,138,538 12,998,575 8.05% -83.62% Capital Operating 593,000 560,255 549,063 11,192 98.00% 6.33% Debt Service 6,239,100 6,239,100 5,134,897 1,104,203 82.30% -9.37% Other Expenses — — — — 0.00% -91.67% Total Operating Expenses 32,606,777 44,993,890 24,975,171 20,018,719 55.51% -36.16% Nonoperating Revenues (Expenses): Investment Income 326,000 326,000 844,551 518,551 259.06% 167.39% Miscellaneous Revenue (Expense) 7,900 7,900 74,477 66,577 942.75% 851.08% Total Nonoperating Revenue (Expenses) 333,900 333,900 919,028 585,128 275.24% 183.57% 3,748,708 (8,638,405) 8,997,201 17,635,606 -104.15% -195.82% Transfers Out – Utility Payments In Lieu of Taxes (3,596,612) (3,596,612) (3,293,616) (302,996) 91.58% -0.09% Transfers In 10,000 10,000 10,000 — 100.00% 8.33% Transfers Out — — (1,724) 1,724 0.00% -91.67% Total Transfers (3,586,612) (3,586,612) (3,285,340) (301,272) 91.60% -0.07% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 162,096 (12,225,017) 5,711,861 17,936,878 Beginning Available Resources 31,326,433 Year-End Investment Market Value Adjustment — Ending Available Resources 37,038,294 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 $ 24,338,294 Income (Loss) Before Transfers
22
Sanitary Sewer - Open Capital Projects
As of May 31, 2023
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 7,330.16 54,856.46 77,556.46 301703 ARROWHEAD CENTER - - - - -301705 16TH/SCOTT - 357,362.29 357,362.29 - 1,622.92 355,739.37 301706 TREATMENT FACILITY IMPROVEMENT - 369,539.84 369,539.84 4,682.20 60,171.64 304,686.00 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 - 107,079.84 107,079.84 37,201.34 34,400.41 35,478.09 302004 Neighborhood Projects 2019-20 - 1,910,076.49 1,910,076.49 18,792.50 18,514.15 1,872,769.84 302005 Biosolids Handling - 2,397,533.81 2,397,533.81 15,301.02 1,390,546.14 991,686.65 302006 Raw Pumps & Screening - 900,000.00 900,000.00 15,723.30 304,997.29 579,279.41 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 302009 Truman & Harris - 50,000.00 50,000.00 - - 50,000.00 302101 Sanitation Sewer Evaluation Survey - 106,982.83 106,982.83 21,301.63 - 85,681.20 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 - 1,877,276.90 1,877,276.90 45,599.57 33,195.11 1,798,482.22 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 - 1,405,823.97 1,405,823.97 46,265.45 189,436.74 1,170,121.78 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 1,095,405.40 297,674.47 349,278.56 448,452.37 $ 500,000.00 16,256,832.04 16,756,832.04 846,755.14 2,757,198.02 13,152,878.88 Current Year Prior Year Budget Budget (Enc Roll) Total Budget 14,137,112.86 $ 2,619,719.18 16,756,832.04 Less Expenditures 546,830.04 2,210,367.98 2,757,198.02 Less Encumbrances 591,708.18 255,046.96 846,755.14 Total Available 12,998,574.64 $ 154,304.24 13,152,878.88
23
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Events Center Debt
Service
For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating revenues: Charges for Services $ — — — — 0.00% -91.67% Miscellaneous — — — — 0.00% -91.67% Total operating revenues — — — — 0.00% -91.67% Operating Expenses: Personnel Services — — — — 0.00% -91.67% Other Services — — 73,108 (73,108) 0.00% -91.67% Supplies — — — — 0.00% -91.67% Capital Outlay 2,309,104 2,652,853 6,405,690 (3,752,837) 241.46% 149.79% Debt Service 5,648,400 5,648,400 5,485,728 162,672 97.12% 5.45% Other Expenses — — — — 0.00% -91.67% Total Operating Expenses 7,957,504 8,301,253 11,964,526 (3,663,273) 144.13% 52.46% Nonoperating Revenues (Expenses): Investment Income 6,200 6,200 250,892 244,692 4046.65% 3954.98% Miscellaneous Revenue (Expense) — — 13 13 0.00% -91.67% Sales Tax 2,400,000 2,400,000 5,202,517 2,802,517 216.77% 125.10% Total Nonoperating Revenue (Expenses) 2,406,200 2,406,200 5,453,422 3,047,222 226.64% 134.97% (5,551,304) (5,895,053) (6,511,104) (616,051) 110.45% 18.78% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -91.67% Transfers In — — 2,477,500 (2,477,500) 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Transfers — — 2,477,500 (2,477,500) 0.00% -91.67% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (5,551,304) (5,895,053) (4,033,604) 1,861,449 Beginning Available Resources (1,228,630) Less Prior Year Expenses — Year-End Investment Market Value Adjustment — Ending Available Resources $ (5,262,234) Income (Loss) Before Transfers
24
CITY
OF
INDEPENDENCE,
MISSOURI Budgetary Comparison Schedule
Central Garage
For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating revenues: Charges for Services $ 2,693,100 2,693,100 2,729,374 36,274 101.35% 9.68% Miscellaneous — — 11,285 11,285 0.00% -91.67% Total Operating Revenues 2,693,100 2,693,100 2,740,659 47,559 101.77% 10.10% Operating Expenses: Personnel Services 853,367 853,367 648,766 204,601 76.02% -15.65% Retiree Benefits 52,000 52,000 39,740 12,260 76.42% -15.25% Other Services 996,700 996,700 1,033,218 (36,518) 103.66% 11.99% Supplies 998,500 998,500 1,051,112 (52,612) 105.27% 13.60% Capital Outlay 8,000 8,000 5,619 2,381 70.24% -21.43% Other Expenses — — — — 0.00% -91.67% Total Operating Expenses 2,908,567 2,908,567 2,778,455 130,112 95.53% 3.86% Nonoperating Revenues (Expenses): Investment Income 6,500 6,500 11,912 5,412 183.26% 91.59% Miscellaneous Revenue (Expense) 281,000 281,000 5,091 (275,909) 1.81% -89.86% Total Nonoperating Revenue (Expenses) 287,500 287,500 17,003 (270,497) 5.91% -85.76% 72,033 72,033 (20,793) (92,826) -28.87% -120.54% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -91.67% Transfers In — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Transfers — — — — 0.00% -91.67% Change In Net Position (Budget Basis) $ 72,033 72,033 (20,793) (92,826) 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 (10,722) GAAP Components - OPEB and LAGERS 2,263,980 Year-end investment market value adjustment — Ending Unassigned Fund Balance Non-GAAP Basis, 05/31/23 354,394 Other Net Position Components: Assigned - Current Year Encumbrances 449,596 Assigned - Prior Year Encumbrances — Total Fund Balance $ 803,990 Income (Loss) Before Transfers
25
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison
Schedule
Staywell Health Care
For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating revenues: Charges for Services $ 17,859,000 17,859,000 18,520,002 661,002 103.70% 12.03% Miscellaneous — — — — 0.00% -91.67% Total Operating Revenues 17,859,000 17,859,000 18,520,002 661,002 103.70% 12.03% Operating Expenses: Personnel Services 568,500 568,500 317,225 251,275 55.80% -35.87% Other Services 22,268,500 22,268,500 20,739,646 1,528,854 93.13% 1.46% Supplies — — — — 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Other Expenses — — — — 0.00% -91.67% Total Operating Expenses 22,837,000 22,837,000 21,056,871 1,780,129 92.21% 0.54% Nonoperating Revenues (Expenses): Investment Income 1,000 1,000 178,504 177,504 17850.40% 17758.73% Miscellaneous Revenue (Expense) 1,077,000 1,077,000 1,352,573 275,573 125.59% 33.92% Total Nonoperating Revenue (Expenses) 1,078,000 1,078,000 1,531,077 453,077 142.03% 50.36% (3,900,000) (3,900,000) (1,005,792) 2,894,208 25.79% -65.88% Transfers In - American Rescue Plan 3,900,000 3,900,000 3,900,000 — 100.00% 8.33% Transfers Out — — — — 0.00% -91.67% Total Transfers 3,900,000 3,900,000 3,900,000 — 100.00% 8.33% Change In Net Position (Budget Basis) $ — — 2,894,208 2,894,208 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, 05/31/23 4,023,419 Other Net Position Components: Assigned - Current Year Encumbrances 36,000 Assigned - Prior Year Encumbrances — Total Fund Balance $ 4,059,419 Income (Loss) Before Transfers
26
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating revenues: Charges for Services $ 4,450,900 4,450,900 4,079,992 (370,908) 91.67% 0.00% Miscellaneous — — — — 0.00% -91.67% Total Operating Revenues 4,450,900 4,450,900 4,079,992 (370,908) 91.67% 0.00% Operating Expenses: Personnel Services — — 7,156 (7,156) 0.00% -91.67% Other Services 4,558,654 4,558,654 2,983,690 1,574,964 65.45% -26.22% Supplies — — 21,290 (21,290) 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Other Expenses — — — — 0.00% -91.67% Total Operating Expenses 4,558,654 4,558,654 3,012,136 1,546,518 66.08% -25.59% Nonoperating Revenues (Expenses): Investment Income 6,000 6,000 105,781 99,781 1763.02% 1671.35% Miscellaneous Revenue (Expense) — — 6,522 6,522 0.00% -91.67% Total Nonoperating Revenue (Expenses) 6,000 6,000 112,303 106,303 1871.72% 1780.05% (101,754) (101,754) 1,180,159 1,281,913 -1159.82% -1251.49% Transfers In — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Transfers — — — — 0.00% -91.67% Change In Net Position (Budget Basis) $ (101,754) (101,754) 1,180,159 1,281,913 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 — Ending Unassigned Fund Balance Non-GAAP Basis, 05/31/23 (5,216,048) Other Net Position Components: Restricted - Work Comp Escrow Assigned - Current Year Encumbrances 16,718 Assigned - Prior Year Encumbrances 12,500 Total Fund Balance $ (5,186,830) Income (Loss) Before Transfers
Comparison
Compensation
the
27
Budgetary
Schedule Workers'
For
period ended May 31, 2023
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Risk
Management
For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating revenues: Charges for Services $ 3,196,000 3,196,000 2,698,942 (497,058) 84.45% -7.22% Miscellaneous — — — — 0.00% -91.67% Total Operating Revenues 3,196,000 3,196,000 2,698,942 (497,058) 84.45% -7.22% Operating Expenses: Personnel Services — — 7,156 (7,156) 0.00% -91.67% Other Services 2,936,292 2,936,292 2,544,841 391,451 86.67% -5.00% Supplies 2,000 2,000 — 2,000 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Other Expenses — — — — 0.00% -91.67% Total Operating Expenses 2,938,292 2,938,292 2,551,997 386,295 86.85% -4.82% Nonoperating Revenues (Expenses): Investment Income 23,000 23,000 49,271 26,271 214.22% 122.55% Miscellaneous Revenue (Expense) — — — — 0.00% -91.67% Total Nonoperating Revenue (Expenses) 23,000 23,000 49,271 26,271 214.22% 122.55% 280,708 280,708 196,216 (84,492) 69.90% -21.77% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -91.67% Transfers In — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Transfers — — — — 0.00% -91.67% Change In Net Position (Budget Basis) $ 280,708 280,708 196,216 (84,492) 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 — Ending Unassigned Fund Balance Non-GAAP Basis, 05/31/23 1,948,958 Other Net Position Components: Assigned - Current Year Encumbrances 12,612 Assigned - Prior Year Encumbrances — Total Fund Balance $ 1,961,570 Income (Loss) Before Transfers
28
CITY OF INDEPENDENCE, MISSOURI
Budgetary Comparison Schedule
For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Amended Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Operating revenues: Charges for Services $ 10,506,740 10,506,740 9,631,178 (875,562) 91.67% 0.00% Miscellaneous — — — — 0.00% -91.67% Total Operating Revenues 10,506,740 10,506,740 9,631,178 (875,562) 91.67% 0.00% Operating Expenses: Personnel Services 5,575,572 5,479,572 4,398,910 1,080,662 80.28% -11.39% Retiree Benefits 268,000 268,000 211,188 56,812 78.80% -12.87% Other Services 4,446,414 4,477,414 4,244,839 232,575 94.81% 3.14% Supplies 29,900 29,900 26,378 3,522 88.22% -3.45% Capital Outlay 142,500 207,500 300,543 (93,043) 144.84% 53.17% Other Expenses — — — — 0.00% -91.67% Total Operating Expenses 10,462,386 10,462,386 9,181,858 1,280,528 87.76% -3.91% Nonoperating Revenues (Expenses): Investment Income — — — — 0.00% -91.67% Miscellaneous Revenue (Expense) — — 17,111 17,111 0.00% -91.67% Total Nonoperating Revenue (Expenses) — — 17,111 17,111 0.00% -91.67% 44,354 44,354 466,431 422,077 1051.61% 959.94% Transfers Out – Utility Payments In Lieu of Taxes — — — — 0.00% -91.67% Transfers In – CARES Act — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Transfers — — — — 0.00% -91.67% Change In Net Position (Budget Basis) $ 44,354 44,354 466,431 422,077 Unassigned Fund Balance at Beginning of Year 970,744 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — GAAP Components - OPEB and LAGERS 602,585 Ending Unassigned Fund Balance Non-GAAP Basis, 05/31/23 2,039,760 Other Net Position Components: Assigned - Current Year Encumbrances 259,164 Assigned - Prior Year Encumbrances 2,921 Total Fund Balance $ 2,301,845 Income (Loss) Before Transfers
Finance & Support Services
29
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Charges for Services $ 9,289 9,289 12,386 3,097 133.34% 41.67% Investment Income (Loss) — — 3,203 3,203 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues 9,289 9,289 15,589 6,300 167.82% 76.15% Expenditures: General Government — — 167 (167) 0.00% -91.67% Debt Service 10,200 10,200 9,467 733 92.81% 1.14% Total Expenditures 10,200 10,200 9,634 566 94.45% 2.78% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total expenditures and other financing uses 10,200 10,200 9,634 566 94.45% 2.78% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ (911) (911) 5,955 6,866 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 — Ending Unassigned Fund Balance, 05/31/23 110,190 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Total Fund Balance $ 110,190 CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Debt Service - Neighborhood Improvement Districts For the period ended May 31, 2023 30
Budgetary Comparison Schedule
CITY OF INDEPENDENCE, MISSOURI Street Improvements Capital Project Fund For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Charges for Services $ — — 5,601 5,601 0.00% -91.67% Investment Income — — 4,086 4,086 0.00% -91.67% Intergovernmental — — — — 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 9,687 9,687 0.00% -91.67% Other Financing Sources: Transfers In — — 4,934 4,934 0.00% -91.67% Proceeds From Bond Issuance — — — — — Total Other Financing Sources — — 4,934 4,934 0.00% -91.67% Total Revenues and Other Financing Sources — — 14,621 14,621 0.00% -91.67% Expenditures: Public Works — — 27 (27) 0.00% -91.67% Culture and Recreation — — — — 0.00% -91.67% Capital Outlay — 263,944 861,665 (597,721) 326.46% 234.79% Total Expenditures — 263,944 861,692 (597,748) 326.47% 234.80% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — 263,944 861,692 (597,748) 326.47% 234.80% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (263,944) (847,071) (583,127) 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 — Ending Unassigned Fund Balance, 05/31/23 (866,868) Other Fund Balance Components: Committed - Current Year Encumbrances 855,082 Committed - Prior Year Encumbrances 95,506 Total Fund Balance $ 83,720
31
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -91.67% Investment Income (Loss) — — 531 531 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 531 531 0.00% -91.67% Expenditures: Public Works — — 7 (7) 0.00% -91.67% Culture and Recreation — — — — 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Total Expenditures — — 7 (7) 0.00% -91.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 7 (7) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — 524 524 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 — Ending Unassigned Fund Balance, 05/31/23 21,737 Other Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ 21,737
INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Revolving Public Improvements Capital Project Fund For the period ended May 31, 2023 32
CITY OF
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -91.67% Intergovernmental — — — — 0.00% -91.67% Investment Income — — 374 374 0.00% -91.67% Other Revenue — — 3,125 3,125 0.00% -91.67% Total revenues — — 3,499 3,499 0.00% -91.67% Other Financing Sources: Transfers In — — 156,532 156,532 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — 156,532 156,532 0.00% -91.67% Total Revenues and Other Financing Sources — — 160,031 160,031 0.00% -91.67% Expenditures: Public Works — — 9 (9) 0.00% -91.67% Culture and Recreation — — — — 0.00% -91.67% Capital Outlay — 231,511 115,327 116,184 49.81% -41.86% Total Expenditures — 231,511 115,336 116,175 49.82% -41.85% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total expenditures and other financing uses — 231,511 115,336 116,175 49.82% -41.85% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — (231,511) 44,695 276,206 Unassigned Fund Balance at Beginning of Year (164,886) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment — Ending Unassigned Fund Balance, 05/31/23 (120,191) Other Fund Balance Components: Committed - Current Year Encumbrances 42,916 Committed - Prior Year Encumbrances — Total Fund Balance $ (77,275)
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Buildings and Other Improvements Capital Project Fund For the period ended May 31, 2023 33
CITY
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -91.67% Investment Income — — — — 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total revenues — — — — 0.00% -91.67% Expenditures: Public Works — — — — 0.00% -91.67% Culture and Recreation — — — — 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Total Expenditures — — — — 0.00% -91.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total expenditures and other financing uses — — — — 0.00% -91.67% 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, 05/31/23 (16,155) Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ (16,155)
Budgetary Comparison Schedule Storm Drainage Capital Project Fund For the period ended May 31, 2023 34
CITY OF INDEPENDENCE, MISSOURI
CITY
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -91.67% Investment Income (Loss) — — 795 795 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total revenues — — 795 795 0.00% -91.67% Expenditures: Public Works — — 12 (12) 0.00% -91.67% Culture and Recreation — — — — 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Total Expenditures — — 12 (12) 0.00% -91.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total expenditures and other financing uses — — 12 (12) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — 783 783 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 — Ending Unassigned Fund Balance, 05/31/23 31,664 Fund Balance Components: Committed - Current Year Encumbrances — Committed - Prior Year Encumbrances — Total Fund Balance $ 31,664
Comparison Schedule
Improvements Capital Project Fund For the period ended May 31, 2023 35
OF INDEPENDENCE, MISSOURI Budgetary
Park
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Charges for Services $ — — — — 0.00% -91.67% Investment Income — — — — 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — — — 0.00% -91.67% Expenditures: Public Works — — — — 0.00% -91.67% Culture and Recreation — — — — 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Total Expenditures — — — — 0.00% -91.67% Other Financing Uses: Transfers Out/Capital Outlay — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — — — 0.00% -91.67% 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, 05/31/23 — 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 May 31, 2023 36
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Independence
For
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Sales Taxes $ 8,470,843 8,470,843 7,395,505 (1,075,338) 87.31% -4.36% Investment Income 30,000 30,000 354,123 324,123 1180.41% 1088.74% Total Revenues 8,500,843 8,500,843 7,749,628 (751,215) 91.16% -0.51% Expenditures: Administrative Fee 169,417 169,417 147,910 21,507 87.31% -4.36% Insurance 4,750 4,750 — 4,750 0.00% -91.67% Legal 44,500 44,500 2,390 42,110 5.37% -86.30% Audit 5,500 5,500 5,500 — 100.00% 8.33% Banking 8,600 8,600 9,912 (1,312) 115.26% 23.59% Maintenance 100,000 100,000 — 100,000 0.00% -91.67% Capital Outlay — — — — 0.00% -91.67% Other — — 3,375 (3,375) 0.00% -91.67% Total Expenditures 332,767 332,767 169,087 163,680 50.81% -40.86% Other Financing Uses: Transfers Out - EATS 1,175,000 1,175,000 726,631 448,369 61.84% -29.83% Transfers Out - Debt Service (City) 4,202,213 4,202,213 4,475,886 (273,673) 106.51% 14.84% Transfers Out - Captial Projects 2,309,104 2,309,104 2,404,392 (95,288) 104.13% 12.46% Transfers Out - Other Items — — 73,108 (73,108) 0.00% -91.67% Total Other Financing Uses 7,686,317 7,686,317 7,680,017 6,300 99.92% 8.25% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ 481,759 481,759 (99,476) (581,235) 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, 05/31/23 10,339,973 Other Fund Balance Components: Restricted - current year encumbrances — Restricted - prior year encumbrances 5,795 Total Fund Balance $ 10,345,768
Events Center CID
the
37
period ended May 31, 2023
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Sales taxes $ — — 461,649 461,649 0.00% -91.67% Investment income — — 8,976 8,976 0.00% -91.67% Total revenues — — 470,625 470,625 0.00% -91.67% Expenditures: Administrative fee — — 9,233 (9,233) 0.00% -91.67% Insurance — — 2,354 (2,354) 0.00% -91.67% Legal — — 1,250 (1,250) 0.00% -91.67% Audit — — 5,500 (5,500) 0.00% -91.67% Banking — — 549 (549) 0.00% -91.67% Contract services — — — — 0.00% -91.67% Capital outlay — — — — 0.00% -91.67% Other — — — — 0.00% -91.67% Total expenditures — — 18,886 (18,886) 0.00% -91.67% Other financing uses: Transfers out - EATS — — 230,825 (230,825) 0.00% -91.67% Transfers out - Debt Service (City) — — 315,000 (315,000) 0.00% -91.67% Total other financing uses — — 545,825 (545,825) 0.00% -91.67% Excess of Revenue and Other Financing Sources Over (Under) Expenditures and Other Financing Uses, Budget Basis $ — — (94,086) (94,086) Unassigned Fund Balance at Beginning of Year 190,339 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year (578) Unassigned Ending Fund Balance, 05/31/23 95,675 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - City Transportation 7,754 Total Fund Balance $ 103,429
38
Crackerneck Creek TDD For the period ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 15,724,664 15,724,664 0.00% -91.67% Investment Income (Loss) — — 805,318 778,408 0.00% -91.67% Other revenue — — 985,788 985,788 0.00% -91.67% Total Revenues — — 17,515,770 17,488,860 0.00% -91.67% Other Financing Sources: Transfers In — — 1,041,630 1,041,630 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — 1,041,630 1,041,630 0.00% -91.67% Total Revenues and Other Financing Sources — — 18,557,400 18,530,490 0.00% -91.67% Expenditures: Tax Increment Financing — — 1,583,796 (1,583,462) 0.00% -91.67% Debt Service Principal 4,775,000 4,775,000 6,363,768 (1,588,768) 133.27% 41.60% Interest and Fiscal Agent Fees 4,356,100 4,356,100 4,977,775 (621,675) 114.27% 22.60% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures 9,131,100 9,131,100 12,925,339 (3,793,905) 141.55% 49.88% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — 726,631 (726,631) 0.00% -91.67% Total Other Financing Uses — — 726,631 (726,631) 0.00% -91.67% Total Expenditures and Other Financing Uses 9,131,100 9,131,100 13,651,970 (4,520,536) 149.51% 57.84% Excess of Revenues Over (Under) Expenditures and other financing uses $ (9,131,100) (9,131,100) 4,905,430 14,036,530 Unassigned Fund Balance at Beginning of Year 21,016,591 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year 392,126 Year-End Investment Market Value Adjustment — Unassigned Ending Fund Balance, 05/31/23 26,314,147 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 10,132,708 Total Fund Balance $ 36,446,855
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Tax Increment Financing Summary For the Period Ended May 31, 2023 39
CITY
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 35,996 35,996 0.00% -91.67% Investment Income (Loss) — — 979 979 0.00% -91.67% Other Revenue — — 112,386 112,386 0.00% -91.67% Total Revenues — — 149,361 149,361 0.00% -91.67% Other Financing Sources: Transfers In — — — — 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — — — 0.00% -91.67% Total Revenues and Other Financing Sources — — 149,361 149,361 0.00% -91.67% Expenditures: Tax Increment Financing — — 4,308 (4,308) 0.00% -91.67% Debt Service Principal 210,000 210,000 210,000 — 100.00% 8.33% Interest and Fiscal Agent Fees 321,000 321,000 320,938 62 99.98% 8.31% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures 531,000 531,000 535,246 (4,246) 100.80% 9.13% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 531,000 531,000 535,246 (4,246) 100.80% 9.13% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (531,000) (531,000) (385,885) 145,115 Unassigned Fund Balance at Beginning of Year (925,985) Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment — Unassigned Ending Fund Balance, 05/31/23 (1,311,870) Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 483,752 Total Fund Balance $ (828,118)
OF INDEPENDENCE,
Budgetary Comparison Schedule Santa Fe TIF For the Period Ended May 31, 2023 40
CITY
MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 245,998 245,998 0.00% -91.67% Investment Income (Loss) — — — — 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 245,998 245,998 0.00% -91.67% Other Financing Sources: Transfers In — — — — 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — — — 0.00% -91.67% Total Revenues and Other Financing Sources — — 245,998 245,998 0.00% -91.67% Expenditures: Tax Increment Financing — — — — 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — — — 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — — — 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 245,998 245,998 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, 05/31/23 (2,447,944) Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ (2,447,944)
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Hartman Heritage TIF For the Period Ended May 31, 2023 41
CITY
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — (1,288) (1,288) 0.00% -91.67% Investment Income (Loss) — — 4 4 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — (1,284) (1,284) 0.00% -91.67% Expenditures: Tax Increment Financing — — (1,284) 1,284 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — (1,284) 1,284 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — (1,284) 1,284 0.00% -91.67% 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, 05/31/23 — Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ —
Budgetary Comparison Schedule Drumm Farm TIF For the Period Ended May 31, 2023 42
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 4,514,056 4,514,056 0.00% -91.67% Investment Income (Loss) — — 591,433 591,433 0.00% -91.67% Other Revenue — — 26 26 0.00% -91.67% Total Revenues — — 5,105,515 5,105,515 0.00% -91.67% Other Financing Sources: Transfers In — — 677,468 677,468 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — 677,468 677,468 0.00% -91.67% Total Revenues and Other Financing Sources — — 5,782,983 5,782,983 0.00% -91.67% Expenditures: Tax Increment Financing — — 385,880 (385,880) 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 385,880 (385,880) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — 677,468 (677,468) 0.00% -91.67% Total Other Financing Uses — — 677,468 (677,468) 0.00% -91.67% Total Expenditures and Other Financing Uses — — 1,063,348 (1,063,348) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 4,719,635 4,719,635 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 — Unassigned Ending Fund Balance, 05/31/23 22,370,493 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 22,370,493
Budgetary Comparison Schedule Eastland TIF For the Period Ended May 31, 2023 43
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 70,486 70,486 0.00% -91.67% Investment Income (Loss) — — 4,466 4,466 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 74,952 74,952 0.00% -91.67% Expenditures: Tax Increment Financing — — 1,564 (1,564) 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — 79,700 (79,700) 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 81,264 (81,264) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% -91.67% Total Expenditures and Other Financing Uses — — 81,264 (81,264) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (6,312) (6,312) 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, 05/31/23 3,798 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 3,798
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule North Independence TIF For the Period Ended May 31, 2023 44
CITY
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 1,652,959 1,652,959 0.00% -91.67% Investment Income (Loss) — — 65,486 65,486 0.00% -91.67% Other Revenue — — 873,376 873,376 0.00% -91.67% Total Revenues — — 2,591,821 2,591,821 0.00% -91.67% Other Financing Sources: Transfers In — — 315,000 315,000 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — 315,000 315,000 0.00% -91.67% Total Revenues and Other Financing Sources — — 2,906,821 2,906,821 0.00% -91.67% Expenditures: Tax Increment Financing — — 41,080 (41,080) 0.00% -91.67% Debt Service Principal 2,260,000 2,260,000 2,260,000 — 100.00% 8.33% Interest and Fiscal Agent Fees 3,270,500 3,270,500 3,270,363 137 100.00% 8.33% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures 5,530,500 5,530,500 5,571,443 (40,943) 100.74% 9.07% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses 5,530,500 5,530,500 5,571,443 (40,943) 100.74% 9.07% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (5,530,500) (5,530,500) (2,664,622) 2,865,878 Unassigned Fund Balance at Beginning of Year 4,497,305 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment — Unassigned Ending Fund Balance, 05/31/23 1,832,683 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 6,300,062 Total Fund Balance $ 8,132,745
45
Crackerneck Creek TIF For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 751,308 751,308 0.00% -91.67% Investment Income (Loss) — — 1,812 1,812 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 753,120 753,120 0.00% -91.67% Expenditures: Tax Increment Financing — — 15,053 (15,053) 0.00% -91.67% Debt Service Principal — — 728,633 (728,633) 0.00% -91.67% Interest and Fiscal Agent Fees — — 24,967 (24,967) 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 768,653 (768,653) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 768,653 (768,653) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (15,533) (15,533) 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, 05/31/23 (6,073) Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ (6,073)
Budgetary Comparison Schedule Old Landfill TIF For the Period Ended May 31, 2023 46
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 460,850 460,850 0.00% -91.67% Investment Income (Loss) — — 1,031 1,031 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 461,881 461,881 0.00% -91.67% Other Financing Sources: Transfers In — — 39,832 39,832 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — 39,832 39,832 0.00% -91.67% Total Revenues and Other Financing Sources — — 501,713 501,713 0.00% -91.67% Expenditures: Tax Increment Financing — — 9,413 (9,413) 0.00% -91.67% Debt Service Principal — — 417,626 (417,626) 0.00% -91.67% Interest and Fiscal Agent Fees — — 62,174 (62,174) 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 489,213 (489,213) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — 39,832 (39,832) 0.00% -91.67% Total Other Financing Uses — — 39,832 (39,832) 0.00% -91.67% Total Expenditures and Other Financing Uses — — 529,045 (529,045) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (27,332) (27,332) Unassigned Fund Balance at Beginning of Year 54,616 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 05/31/23 27,284 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 27,284
Budgetary Comparison Schedule Trinity TIF For the Period Ended May 31, 2023 47
CITY OF INDEPENDENCE, MISSOURI
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 4,203,329 4,203,329 0.00% -91.67% Investment Income (Loss) — — 40,090 40,090 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 4,243,419 4,243,419 0.00% -91.67% Other Financing Sources: Transfers In — — 9,330 9,330 0.00% -91.67% Proceeds from bond issuance — — — — Total Other Financing Sources — — 9,330 9,330 0.00% -91.67% Total Revenues and Other Financing Sources — — 4,252,749 4,252,749 0.00% -91.67% Expenditures: Tax Increment Financing — — 988,572 (988,572) 0.00% -91.67% Debt Service Principal 2,305,000 2,305,000 2,305,000 — 100.00% 8.33% Interest and Fiscal Agent Fees 764,600 764,600 764,600 — 100.00% 8.33% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures 3,069,600 3,069,600 4,058,172 (988,572) 132.21% 40.54% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — 9,331 (9,331) 0.00% -91.67% Total Other Financing Uses — — 9,331 (9,331) 0.00% -91.67% Total Expenditures and Other Financing Uses 3,069,600 3,069,600 4,067,503 (997,903) 132.51% 40.84% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ (3,069,600) (3,069,600) 185,246 3,254,846 Unassigned Fund Balance at Beginning of Year 940,378 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Year-End Investment Market Value Adjustment — Unassigned Ending Fund Balance, 05/31/23 1,125,624 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service 3,348,894 Total Fund Balance $ 4,474,518
TIF
the Period
48
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule HCA
For
Ended May 31, 2023
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Cinema East TIF
For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 240,461 240,461 0.00% -91.67% Investment Income (Loss) — — 1,519 1,519 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 241,980 241,980 0.00% -91.67% Expenditures: Tax Increment Financing — — 5,059 (5,059) 0.00% -91.67% Debt Service Principal — — 78,126 (78,126) 0.00% -91.67% Interest and Fiscal Agent Fees — — 174,524 (174,524) 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 257,709 (257,709) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 257,709 (257,709) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (15,729) (15,729) Unassigned Fund Balance at Beginning of Year 53,242 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 05/31/23 37,513 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 37,513
49
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 1 TIF
For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — (151,142) (151,142) 0.00% -91.67% Investment Income (Loss) — — 261 261 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — (150,881) (150,881) 0.00% -91.67% Expenditures: Tax Increment Financing — — 10 (10) 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 10 (10) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 10 (10) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (150,891) (150,891) 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, 05/31/23 6,471 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 6,471
50
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 2 TIF For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 16,194 16,194 0.00% -91.67% Investment Income (Loss) — — 84 84 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 16,278 16,278 0.00% -91.67% Expenditures: Tax Increment Financing — — 369 (369) 0.00% -91.67% Debt Service Principal — — 22,400 (22,400) 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 22,769 (22,769) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 22,769 (22,769) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (6,491) (6,491) 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 — Unassigned Ending Fund Balance, 05/31/23 1,552 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 1,552
51
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 3 TIF For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 32,626 32,626 0.00% -91.67% Investment Income (Loss) — — 428 428 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 33,054 33,054 0.00% -91.67% Expenditures: Tax Increment Financing — — 723 (723) 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 723 (723) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 723 (723) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 32,331 32,331 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 — Unassigned Ending Fund Balance, 05/31/23 40,221 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 40,221
52
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule 23rd & Noland Project 4 TIF For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 541,631 541,631 0.00% -91.67% Investment Income (Loss) — — 8,153 8,153 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 549,784 549,784 0.00% -91.67% Expenditures: Tax Increment Financing — — 11,149 (11,149) 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 11,149 (11,149) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 11,149 (11,149) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 538,635 538,635 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 — Unassigned Ending Fund Balance, 05/31/23 628,531 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 628,531
53
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Independence Square TIF For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 293,757 293,757 0.00% -91.67% Investment Income (Loss) — — 25,382 25,382 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 319,139 319,139 0.00% -91.67% Expenditures: Tax Increment Financing — — 67,451 (67,451) 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 67,451 (67,451) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 67,451 (67,451) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 251,688 251,688 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 — Unassigned Ending Fund Balance, 05/31/23 1,020,349 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 1,020,349
54
CITY
I-70
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 2,232,372 2,232,372 0.00% -91.67% Investment Income (Loss) — — 30,595 30,595 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 2,262,967 2,262,967 0.00% -91.67% Expenditures: Tax Increment Financing — — 40,466 (40,466) 0.00% -91.67% Debt Service Principal — — 182,815 (182,815) 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 223,281 (223,281) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 223,281 (223,281) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 2,039,686 2,039,686 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 — Unassigned Ending Fund Balance, 05/31/23 2,235,667 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 2,235,667
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
& Little Blue Parkway Project 1 TIF For the Period Ended May 31, 2023 55
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
I-70 & Little Blue Parkway Project 3 TIF For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 332,284 332,284 0.00% -91.67% Investment Income (Loss) — — 5,679 5,679 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 337,963 337,963 0.00% -91.67% Expenditures: Tax Increment Financing — — 7,064 (7,064) 0.00% -91.67% Debt Service Principal — — 128,877 (128,877) 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 135,941 (135,941) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 135,941 (135,941) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 202,022 202,022 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 — Unassigned Ending Fund Balance, 05/31/23 327,433 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 327,433
56
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule
Marketplace Project 1 TIF
For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 101,502 101,502 0.00% -91.67% Investment Income (Loss) — — 447 447 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 101,949 101,949 0.00% -91.67% Expenditures: Tax Increment Financing — — 3,047 (3,047) 0.00% -91.67% Debt Service Principal — — 12,811 (12,811) 0.00% -91.67% Interest and Fiscal Agent Fees — — 142,789 (142,789) 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 158,647 (158,647) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 158,647 (158,647) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (56,698) (56,698) Unassigned Fund Balance at Beginning of Year 92,122 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 05/31/23 35,424 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 35,424
57
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ — — 151,285 151,285 0.00% -91.67% Investment Income (Loss) — — 559 559 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 151,844 151,844 0.00% -91.67% Expenditures: Tax Increment Financing — — 3,538 (3,538) 0.00% -91.67% Debt Service Principal — — 17,480 (17,480) 0.00% -91.67% Interest and Fiscal Agent Fees — — 137,720 (137,720) 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 158,738 (158,738) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% Total Other Financing Uses — — — — 0.00% -91.67% Total Expenditures and Other Financing Uses — — 158,738 (158,738) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — (6,894) (6,894) Unassigned Fund Balance at Beginning of Year 32,673 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 05/31/23 25,779 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 25,779
TIF
58
CITY OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule Marketplace Project 2
For the Period Ended May 31, 2023
Actual Variance Percent Percent Budgeted Amounts Amounts with Final Actual From Original Amended (Budget Basis) Budget 91.67% of Year Budget Revenues: Taxes $ Property tax RSO - Cargo Largo — — 3,430 3,430 0.00% -91.67% Hartman Heritage — — 76,018 76,018 0.00% -91.67% Drumm Farm — — 195,573 195,573 0.00% -91.67% Mt Washington — — 2,603 2,603 0.00% -91.67% 23rd & Noland - Project 1 — — 65,622 65,622 0.00% -91.67% Sales tax RSO - Cargo Largo — — 324,496 324,496 0.00% -91.67% Drumm Farm — — 17,182 17,182 0.00% -91.67% Eastland — — 876,021 876,021 0.00% -91.67% Mt Washington — — 634 634 0.00% -91.67% 23rd & Noland - Project 1 — — 29,509 29,509 0.00% -91.67% Investment Income (Loss) — — 26,910 26,910 0.00% -91.67% Other Revenue — — — — 0.00% -91.67% Total Revenues — — 1,617,998 1,617,998 0.00% -91.67% Expenditures: Tax Increment Financing — — 334 (334) 0.00% -91.67% Debt Service Principal — — — — 0.00% -91.67% Interest and Fiscal Agent Fees — — — — 0.00% -91.67% Debt Issuance Costs — — — — 0.00% -91.67% Total Expenditures — — 334 (334) 0.00% -91.67% Other Financing Uses: Issuance of Debt — — — — 0.00% -91.67% Reoffering Premium/Original Issue Discount — — — — 0.00% -91.67% Payment to Refund Loans Escrow Agent — — — — 0.00% -91.67% Transfers Out — — — — 0.00% -91.67% — — — — Total Other Financing Uses — — — — 0.00% -91.67% — — — — Total Expenditures and Other Financing Uses — — 334 (334) 0.00% -91.67% Excess of Revenues Over (Under) Expenditures and Other Financing Uses $ — — 1,617,664 1,617,664 Unassigned Fund Balance at Beginning of Year 334,636 Cancellation of Prior Year Encumbrances — Change in Other Fund Balance Components During the Year — Unassigned Ending Fund Balance, 05/31/23 1,952,300 Other Fund Balance Components: Restricted - Current Year Encumbrances — Restricted - Prior Year Encumbrances — Restricted - Trust Debt Service — Total Fund Balance $ 1,952,300
OF INDEPENDENCE, MISSOURI Budgetary Comparison Schedule TIF Supplemental Appropriation Fund For the Period Ended May 31, 2023 59
CITY