I-1 - Preliminary Official Statement - UR Loan Agreement

City of Tiffin Statement of Cash Receipts, Disbursements and Changes in Cash Balances Governmental Funds As of and for the year ended June 30, 2019 Special Revenue Road Urban Use Renewal General Tax Tax Increment Receipts: Property tax $ 1,243,206 - - Tax increment financing - - 1,077,683 Other city tax 1,803 - - Licenses and permits 468,363 - - Use of money and property 21,319 - 1,152 Intergovernmental 27,946 251,525 - Charges for service 34,393 - - Miscellaneous 214,034 1,271 - Total receipts 2,011,064 252,796 1,078,835 Disbursements: Operating: Public safety 369,481 - - Public works - 348,122 - Culture and recreation 229,969 - - Community and economic development 48,289 - 57,458 General government 388,768 - - Debt service - - - Capital projects - - - Total disbursements 1,036,507 348,122 57,458 Excess (deficiency) of receipts over (under) disbursements 974,557 (95,326) 1,021,377 Other financing sources (uses): Sale of property 14,421 - - Transfers in - - - Transfers out - - (1,964,974) Total other financing sources (uses) 14,421 - (1,964,974) Change in cash balances 988,978 (95,326) (943,597) Cash balances beginning of year 1,337,473 259,230 1,801,842 Cash balances end of year $ 2,326,451 163,904 858,245 Cash Basis Fund Balances Restricted for: Streets $ - 163,904 - Debt service - - 858,245 Capital projects - - - Other purposes - - - Unassigned 2,326,451 - - Total cash basis fund balances $ 2,326,451 163,904 858,245 See notes to financial statements. 18