I-1 - Preliminary Official Statement - GO Bond 2024A

City of Tiffin Cash Basis Statement of Activities and Net Position Year Ended June 30, 2023 Program Receipts Operating Capital Grants Charges for Grants and and Functions/Programs Disbursements Service Contributions Contributions Governmental activities General government $ 638,112 $ 5,490 $ 6,566 $ - Public safety 807,986 466,592 - 71,042 Public works 558,736 1,398 620,951 169,208 Culture and recreation 522,120 167,803 64,481 45,829 Community and economic development 121,360 104,056 - - Debt service 2,166,350 - - - Capital projects 3,892,606 - - - Total governmental activities 8,707,270 745,339 691,998 286,079 Business-type activities Water 1,826,377 1,180,037 14,427 - Sewer 1,211,919 1,267,335 14,060 - Recycling 469,464 443,540 - - Stormwater management 27,545 101,417 - - Total business-type activities 3,535,305 2,992,329 28,487 - Total primary government $ 12,242,575 $ 3,737,668 $ 720,485 $ 286,079 General receipts Property and other city tax levied for General purposes Debt service Other purposes Commerical/industrial tax replacement Tax increment financing Unrestricted federal grant Use of money and property Miscellaneous Transfers Proceeds from long-term debt Total general receipts Change in cash basis net position Cash basis net position beginning of year Cash basis net position end of year See notes to basic financial statements. 6