FY 2023/2024 Budget - Financing AuthorityFinancing Authority
� Adopted Budget
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CITY OF LA QUINTA FINANCE AUTHORITY REVENUES
FY 2023/24 ADOPTED BUDGET
2021/22
2022/23
2023/24
2023/24
Actuals
Current
Proposed
Adopted
310 - LQ FINANCE AUTHORITY DEBT SERVICE
0000 - Undesignated
310-0000-42111 Rental Income 1,100
1,100
1,100
1,100
0000 - Undesignated Totals: 1,100
1,100
1,100
1,100
310 - LQ FINANCE AUTHORITY DEBT SERVICE Totals: 1,100 1,100 1,100 1,100
310 Fund is used to account for the debt service that will be used for the principal and interest payments of the Financing
Authority's outstanding debt and any related reporting requirements. The 1996 Civic Center Bond was paid off in October
2018, resulting in savings to the General Fund. An annual State Controller's Report and audit are required.
CITY OF LA QUINTA FINANCE AUTHORITY EXPENSES
FY 2023/24 ADOPTED BUDGET
2021/22
2022/23
2023/24
2023/24
Actuals
Current
Proposed
Adopted
310 - LQ FINANCE AUTHORITY DEBT SERVICE
0000 - Undesignated
60 - Contract Services
310-0000-60181 Contract Services Fees
1,100
1,100
1,100
1,100
60 - Contract Services Totals:
11100
1,100
11100
11100
0000 - Undesignated Totals: 1,100 1,100 1,100 1,100
310 - LQ FINANCE AUTHORITY DEBT SERVICE Totals: 1,100 1,100 1,100 1,100
Contract Services Fees: Annual State Controller's report and audit requirement