Details for City of Mayflower Financial Statement January 1, 2020 - December

City of Mayflower

Financial Statement

January 1, 2020 - December 31, 2020

WATER AND SEWER DEPARTMENTS

Balance January 1, 2020 $3,911,962

Cash Receipts

Water Payments $1,570,269

Sewer Payments $619,742

Sanitation Funds $213,370

Transfers In $40,000

Grants $20,202

Other $449,204

Total Receipts $2,912,786

Total Funds Available $6,824,748

Expenditures

Personal Services $681,254

Supplies $11,949

Other services and charges $1,827,211

Capital Outlay $29,596

Debt Service $279,015

Transfers Out $91,128

Total Expenditures $2,920,152

Balance Water and Sewer Fund

December 31, 2020 $3,904,596

INDEBTEDNESS

Type of Debt / Amount / Date of Last Payment Due

Lease Purchase Agreements / $28,529 / 4/26/2023

Water Revenue Bonds / $2,799,180 / 12/2/2049

Sewer Revenue Bonds / $195,515 / 4/15/2023

All financial records for the Water & Sewer System of Mayflower are public records and are open for public inspection during regular business hours of 7 A.M. to 5:30 P.M., Monday through Thursday, at City Hall in Mayflower, Arkansas.

If the record is in active use or in storage and, therefore, not available at the time a citizen asks to examine it, the custodian shall certify this fact in writing to the applicant and set a date and hour within three (3) days at which time the record will be available for inspection and copying.

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