CRA Comprehensive Report - 2018 to 2024

FINANCIAL STATEMENTS (2019)

THE CITY OF DAYTONA BEACH, FLORIDA COMBINING SCHEDULE OF DEPOSITS AND WITHDRAWALS REDEVELOPMENT TRUST FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Downtown South Atlantic Redevelopment Redevelopment Redevelopment Redevelopment Redevelopment Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Main Street Ballough Road Midtown

Total

DEPOSITS: Tax increment revenues: Daytona Beach

$

515,085 $ 2,091,848 $

91,393 $

247,438 $

58,320 $ 3,004,084

473,080 29,459 15,619

1,921,261

83,940

227,259 14,152

53,564

2,759,104

Volusia County Halifax Hospital

119,640 63,430 31,344 67,479 33,537

5,227 2,771 1,370 2,948 1,465

3,336 1,768

171,814 91,091 45,014 96,906 48,162 50,855

7,503 3,708 7,982 3,967

East Volusia Mosquito Control

7,718

874

Ponce DeLeon Inlet and Port Authority

16,616

1,881

Volusia ECHO Volusia Forever

8,258

935

50,855

-

- -

- -

- -

Downtown Development Authority

703

8,224

8,927

Licenses and permits Income on investments

9,460

17,983 13,212

8,155

6,114

959

42,671 13,213

1

-

-

-

Miscellaneous

1,126,854

4,367,958

197,269

518,123

121,637

6,331,841

Total deposits

WITHDRAWALS: Current operating:

128,787

192,879 11,141 153,268

14,796

94,755

297

431,514 21,430 319,390

Personnel services Professional services Contractual services Materials and supplies Grants and subsidies

1,578

-

8,711 1,702

- - - - - -

110,576

53,844

1,612

31

276

268

2,187

79,559 22,277 172,401 516,790

34,198

-

2,790

116,547 54,685

-

36,164

(3,756)

Capital outlay

2,512,931 2,904,448

-

210,361 314,831

2,895,693 3,841,446

Transfers to debt service funds

105,080

297

Total withdrawals

Excess (deficiency) of deposits over (under) withdrawals

610,064

1,463,510

92,189

203,292

121,340

2,490,395

FUND BALANCE: Beginning

1,217,753

1,651,609

1,448,480

1,208,743

80,316

5,606,901

$ 1,827,817$ 3,115,119 $ 1,540,669$ 1,412,035 $

201,656 $ 8,097,296

Ending

161

DaytonaBeach.gov/Redevelopment

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