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CITY OF SUNNY ISLES BEACH, FLORIDA <br />STATEMENT OF REVENUES, EXPENDITURES AND <br />CHANGES IN FUND BALANCES - GOVERNMENTAL FUNDS <br />FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023 <br />Revenues: <br />Real and personal property taxes <br />Utility taxes <br />Franchise fees <br />Intergovernmental <br />Licenses and permits <br />Charges for services <br />Fines and forfeitures <br />Investment income <br />Miscellaneous <br />Total Revenues <br />Expenditures: <br />Current: <br />General government <br />Public safety <br />Physical environment <br />Cultural and human services <br />Transportation <br />Capital outlay <br />Debt service: <br />Principal <br />Interest <br />Total Expenditures <br />Excess (Deficiency) of Revenues <br />Over Expenditures <br />Other Financing Sources (Uses): <br />Proceeds from sale of capital assets <br />Insurance recoveries <br />Lease (right -of -use asset) acquired <br />Subscription acquired <br />Transfers in <br />Transfers out <br />Total Other Financing Sources (Uses) <br />Net Change in Fund Balances <br />Fund Balances - Beginning <br />Fund Balances - Ending <br />American <br />General <br />Law <br />Rescue <br />Capital <br />Enforcement Nonmajor Total <br />General Plan <br />Projects <br />Trust Governmental Governmental <br />Fund Fund <br />Fund <br />Fund Funds Funds <br />$ 26,375,504 $ <br />$ <br />$ <br />$ <br />$ <br />26,375,504 <br />6,054,242 <br />28,897 <br />-- <br />6,054,242 <br />3,780,100 <br />65,214 <br />130,061 <br />28,667 <br />3,780,100 <br />3,261,743 <br />4,574,905 <br />-- <br />1,796,281 <br />9,632,929 <br />823,278 <br />-- <br />21,072 <br />3,131,901 <br />3,955,179 <br />7,737,976 <br />313,774 <br />608,477 <br />39,956 <br />8,091,706 <br />934,334 <br />(108,477) <br />-- <br />48,516 <br />-- <br />982,850 <br />2,274,472 <br />-- 108,477 <br />523,166 <br />142,700 <br />355,148 <br />3,295,486 <br />209,935 <br />24,000 <br />340 <br />4,234 <br />238,509 <br />51,451,584 <br />4,574,905 <br />860,940 <br />191,556 <br />5,327,520 <br />62,406,505 <br />7,625,100 <br />8,879 <br />-- <br />-- <br />4,307,596 <br />11,941,575 <br />16,148,802 <br />659,387 <br />$ 10,420,135 <br />189,153 <br />-- <br />16,997,342 <br />2,731,731 <br />1,677,386 <br />-- <br />-- <br />4,409,117 <br />5,578,466 <br />1,612,615 <br />11,701 <br />7,202,782 <br />-- <br />-- <br />-- <br />2,346,493 <br />2,346,493 <br />1,831,052 <br />602,040 <br />6,681,838 <br />1,455,758 <br />783,951 <br />11,354,639 <br />3,346,107 5,090 3,351,197 <br />481,747 -- 594 482,341 <br />37,743,005 4,560,307 6,681,838 1,644,911 7,455,425 58,085,486 <br />13,708,579 <br />14,598 (5,820,898) <br />(1,453,355) <br />(2,127,905) <br />4,321,019 <br />28,897 <br />-- <br />27,167 <br />9,150 <br />65,214 <br />130,061 <br />28,667 <br />-- <br />158,728 <br />22,648 <br />-- <br />-- <br />22,648 <br />1,425,425 <br />-- <br />21,072 <br />1,446,497 <br />-- <br />108,477 <br />500,000 <br />608,477 <br />(500,000) <br />(108,477) <br />(608,477) <br />1,107,031 <br />-- 108,477 <br />55,834 <br />421,745 <br />1,693,087 <br />14,815,610 <br />14,598 (5,712,421) <br />(1,397,521) <br />(1,706,160) <br />6,014,106 <br />61,591,508 <br />-- 20,987,783 <br />5,444,658 <br />12,126,295 <br />100,150,244 <br />$ 76,407,118 $ <br />14,598 $ 15,275,362 <br />$ 4,047,137 <br />$ 10,420,135 <br />$ 106,164,350 <br />The accompanying notes to basic financial statements are an integral part of these statements. <br />21 <br />