See accompanying notes to financial statements. Debt General Service Revenues Property taxes $ 4,595,968 $ 403,906 Payments in lieu of taxes 179,610 - Other taxes 17,312 - Charges for Services: Licenses and permits 505,140 - Fines and forfeitures 116,430 - Public charges for services 617,407 - Intergovernmental charges for services 186,445 - Operating Grants and Contributions: Intergovernmental 1,318,457 - Impact fees - - Donations 1,000 - Capital Grants and Contributions: Special assessments and interest - - Investment income 34,075 900 Miscellaneous 79,845 - Total Revenues 7,651,689 404,806 Expenditures Current: General Government 1,078,850 - Public Safety 3,662,198 - Public Works 2,732,285 - Community Enrichment Services 495,234 - Conservation and Development 267,738 - Capital outlay - - Debt Service: Principal - 2,763,744 Interest and fiscal charges - 1,020,817 Total Expenditures 8,236,305 3,784,561 Excess (Deficiency) of Revenues Over (Under) Expenditures (584,616) (3,379,755) Other Financing Sources (Uses) Proceeds from sale of capital assets - - Transfers in 270,596 3,651,067 Transfers out (84,620) (3,399) Debt issued - - Premiums on debt issued - - Total Other Financing Sources (Uses) 185,976 3,647,668 Net Change in Fund Balance (398,640) 267,913 FUND BALANCE (DEFICIT) - Beginning of year 3,701,765 156,655 FUND BALANCE (DEFICIT) - END OF YEAR $ 3,303,125 $ 424,568 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds For the Year Ended December 31, 2016 Ozaukee County, Wisconsin VILLAGE OF GRAFTON 34