Annual Report for City of Mission As Of and For The Year Ended December 31, 2018

Annual Report for City of Mission

As Of and For The Year Ended December 31, 2018

Governmental Funds - Modified Accrual Basis

Mission Volunteer Special Assess. Total Gov.

General Fund Fire Dept. Fund Debt Service Fund Fund

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Beginning Balance 1,517,409.15 31,857.48 48,899.38 1,598,166.01

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Revenues and Other Sources:

Taxes:

Property Taxes 111,406.62 11,406.62

General Sales and Use Taxes 469,652.57 469,652.57

Amusement Taxes 132.00 132.00

Tax Deed Revenue 1,887.00 1,887.00

Penalties and Interest on Delinquent Taxes 346.09 346.09

Licenses and Permits 220.00 220.00

Intergovernmental Revenues:

Federal Grants 0.00

State Grants 0.00

State Shared Revenue 44,605.03 25,114.42 69,719.45

County Shared Revenue 0.00

Other Intergovernmental Revenue 0.00

Charges for Goods and Services:

General Government 1,035.00 1,035.00

Public Safety 20.00 2,535.00 2,555.00

Highways and Streets 937.50 937.50

Health 400.00 400.00

Miscellaneous Revenue and Other Sources:

Investment Earnings 4,125.17 152.64 4,277.81

Rentals 800.00 800.00

Special Assessments 20,006.32 20,006.32

Contributions and Donations 

      from Private Sources 20.00 20.00

Other Revenues 12,859.30 915.85 13,775.15

Total Revenue and Other Sources 648,446.28 28,717.91 20,006.32 697,170.51

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Expenditures and Other Uses:

Legislative 15,467.54 15,467.54

Executive 6,323.22 6,323.22

Elections 24.80 24.80

Financial Administration 51,262.64 51,262.64

Other General Government 12,509.69 12,509.69

Police 171,297.25 171,297.25

Fire 25,784.35 23,765.69 49,550.04

Other Protection 6,839.30 6,839.30

Highways and Streets 193,046.82 193,046.82

Sanitation 6,141.33 6,141.33

Health 5,727.98 5,727.98

Recreation 5,983.07 5,983.07

Parks 2,110.37 2,110.37

Debt Service 31,718.00 31,718.00 63,436.00

Capital Outlay 140,248.85 140,248.85

Total Expenditures and Other Uses 674,485.21 23,765.69 31,718.00 729,968.90

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Long Term Debt Issued 105,000.00 105,000.00

Extraordinary Item (specify) (1,199.15) (1,199.15)

Increase/Decrease in Fund Balance 77,761.92 4,952.22 (11,711.68) 71,002.46

Ending Balance:

Non-spendable 62,856.98 180.40 63,037.38

Restricted 3,222.00 37,187.70 40,409.70

Committed 36,629.30 36,629.30

Unassigned 1,529,092.09 1,529,092.09

Governmental Long-Term Debt 682,147.79

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Proprietary Funds - Accrual Basis

Water Fund Sewer Fund

Beginning Balance 748,760.20 1,003,875.94

Revenues 246,402.00 109,020.64

Expenses 161,099.13 194,991.01

Extraordinary Items 5,040.73 7,281.07

Ending Balance:

Net Investment in Capital Assets 202,564.34 779,948.16

Restricted for SDRS Pension Purposes 3,901.26 2,897.95

Restricted for Cumulative Ins. Reserve 5,040.73 7,281.07

Unrestricted 627,597.47 135,059.46

Long Term Debt

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The preceding financial data does not include fiduciary funds or component units. Information pertaining to those activies may be obtained by contacting the municipal finance officer at 856-4499.

Municipal funds are deposited as follows:

Depository Amount

Wells Fargo Bank $2,118,355.77

SDFIT $162,234.04

First Fidelity Bank $60,595.37

Published once at the total approximate cost of $220.22

Published: September 11, 2019

PO Box 229, Mission, SD 57555 • 605-856-4469 • This email address is being protected from spambots. You need JavaScript enabled to view it.