TWIN FALLS HIGHWAY DISTRICT - Ad from 2021-01-07

TWIN FALLS HIGHWAY DISTRICT, TWIN FALLS IDAHO
ANNUAL ROAD and STREET FINANCIAL REPORT
FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2020
Beginning Fund Balance
$10,409,347
RECEIPTS
LOCAL FUNDING SOURCES
Property Tax Levy
$6,009,695
Interest Income
$237,667
Other Local Receipts
$149,549
Total Local Funding
$6,396,911
STATE FUNDING SOURCES
Highway user Revenue
$4,015,993
Sales Tax and Inventory Replacement Tax
$383,379
All other local receipts or transfers in
$68,655
Total State Funding
$4,468,027
FEDERAL FUNDING SOURCES
Secure Rural Schools
$35,856
Total Federal Funding
$35,856
TOTAL RECEIPTS
$10,900,794
DISBURSEMENTS
New Construction
$0
Reconstruction
$1,834,108
Routine Maintenance
$3,617,853
Equipment
$1,749,256
Administration
$764,161
Professional Services
$5,294
Payments To other local government
$1,905,680
TOTAL DISBURSEMENTS
$9,876,352
RECEIPTS OVER DISBURSEMENTS
$1,024,442
CLOSING BALANCE
$11,433,789
Funds obligated for specific future projects
$9,126,093
Funds retained for general funds and operations $2,307,696
ENDING BALANCE
$0
Mellissa Baecht, Secretary-Treasurer
PUBLISH: January 07, 2021