I-1 - Preliminary Official Statement - UR Loan Agreement

City of Tiffin Budgetary Comparison Schedule of Receipts, Disbursements, and Changes in Balances – Budget and Actual – All Governmental Funds and Proprietary Funds Other Information Year ended June 30, 2019 Governmental Proprietary Funds Funds Actual Actual Total Receipts: Property tax $ 1,775,189 - 1,775,189 Tax increment financing 1,077,683 - 1,077,683 Other city tax 1,803 - 1,803 Licenses and permits 468,363 - 468,363 Use of money and property 52,854 2,948 55,802 Intergovernmental 781,961 - 781,961 Charges for service 34,393 1,853,559 1,887,952 Miscellaneous 303,288 15,128 318,416 Total receipts 4,495,534 1,871,635 6,367,169 Disbursements: Public safety 398,275 - 398,275 Public works 394,219 - 394,219 Culture and recreation 241,250 - 241,250 Community and economic development 105,828 - 105,828 General government 417,120 - 417,120 Debt service 1,457,507 - 1,457,507 Capital projects 4,761,188 - 4,761,188 Business type activities - 6,104,424 6,104,424 Total disbursements 7,775,387 6,104,424 13,879,811 Excess (deficiency) of receipts over (under) disbursements (3,279,853) (4,232,789) (7,512,642) Other financing sources, net (298,869) 3,987,051 3,688,182 Excess of receipts and other financing sources over disbursements and other financing uses (3,578,722) (245,738) (3,824,460) Balances beginning of year 7,826,809 1,637,342 9,464,151 Balances end of year $ 4,248,087 1,391,604 5,639,691 See accompanying independent auditor’s report. 36