CITY OF GLOBE Summary Schedule of Estimated Revenues and Expenditures/Expenses-FINAL BUDGET Fiscal Year 2018 FUNDS s Fiscal Year h 2017 Adopted/Adjusted Budgeted Expenditures/Expenses• E E 2017 Actual Expenditures/Expenses.. 2018 Fund Balance/Net Position at July 1··· 2018 Primarv Property Tax Levv B Enterprise Capital Projects Fund Permanent Fund Funds Available Special Revenue Fund Debt Service Fund 13,383,112 3,851,148 0 0 37,424 9,559,001 0 26,830,685 9,416,729 2,094,935 0 0 0 5,389,020 0 16,899,684 1,395,383 0 0 2,049,720 General Fund Internal Service Funds Total All Funds 3,445,103 513,272 513,272 2018 Secondary Property Tax Levy B 2018 Estimated Revenues Other than Property Taxes C 8,593,212 3,547,988 0 0 0 5,490,913 0 17,632,113 2018 Other Financing Sources D 0 0 0 0 0 0 0 0 2018 Other Financing (Uses) D 0 0 0 0 0 0 0 0 2018 lnterfund Transfers In D 0 69,275 0 763,120 0 0 0 832,395 2018 lnterfund Transfers (Out) D 637,395 0 0 0 0 195,000 0 832,395 2018 Reduction for Amounts Not Available: 0 LESS: Amounts for Future Debt Retirement: 0 0 0 0 2018 Total Financial Resources Available 2018 Budaeted Excenditures/Excenses E 9,864,472 3,617,263 0 763,120 0 7,345,633 0 21,590,488 10,014,472 3,467,263 0 763,120 0 7,345,633 0 21,690,488 EXPENDITURE LIMITATION COMPARISON 1. Budgeted expenditures/expenses 2. Add/subtract: estimated net reconciling items 3, Budgeted expenditures/expenses adjusted for reconciling Items 4. Less: estimated exclusions 5. Amount subject to the expenditure limitation 6. EEC expenditure limitation s 2017 26,830,685 s 26 830,685 $ s 26,830,685 2018 21,590,488 21,590,488 $ s 21,590,488 8,237,296 c:=Jrhe city/town does not levy property taxes and does not have special assessment districts for which property taxes are levied. Therefore, Schedule B has been omitted. Includes Expenditure/Expense Adjustments Approved In the current year from Schedule E. Includes actual amounts as of the date the proposed budget was prepared, adjusted for estimated activity for the remainder of the fiscal year, Amounts on this line represent Fund Balance/Net Position amounts except for amounts not In spendable form (e.g., prepaids and Inventories} or legally or contractually required to be maintained Intact (e.g., principal of a permanent fund). 4115 SCHEOULE A 0