Overview
Independence took in $55,418,021 and spent $59,091,860 in 2025 across its primary-government funds, ending the year with $16,531,014 in unencumbered cash ($18,006,831 in cash after $1,475,817 in encumbrances and accounts payable). Including the related municipal entity (the Housing Authority of the City of Independence), the reporting entity took in $57,644,169, spent $62,191,690, and ended with $19,729,767 unencumbered ($21,496,024 cash). The General Fund drove the drawdown: it spent $11,162,385 against $10,627,518 in receipts. The Bond and Interest fund moved the largest sums — $16,337,502 in receipts against $16,452,062 in expenditures — reflecting the 2025 general obligation bond issues. Total cash of $21,512,652 (sweep account $21,509,800, checking $2,002, cash on hand $850) less agency funds of $16,628 gives the reporting-entity cash of $21,496,024.
Source: Summary Statement of Receipts, Expenditures and Unencumbered Cash.
At a glance — 2025 actual (regulatory basis)
Major funds — 2025 actual
Each row reconciles: beginning balance + receipts − expenditures = ending unencumbered balance. The statement carries many more funds (capital-project, grant, and reserve funds); this table shows the largest, so it does not sum to the city totals — the totals in the overview are the statement's own printed totals.
| Fund | Receipts | Expenditures | Ending balance |
|---|---|---|---|
| General | $10,627,518 | $11,162,385 | $1,339,649 |
| Bond and Interest | $16,337,502 | $16,452,062 | $485,320 |
| Water/Sewer Utility | $6,437,938 | $7,020,745 | $1,144,597 |
| Sanitation Utility | $1,519,070 | $1,802,833 | −$54,569 |
| Economic Development and Transportation | $675,300 | $706,898 | $1,227,355 |
| Streets Capital Reserve | $2,355,317 | $1,206,668 | $2,939,823 |
| Water/Sewer Capital Reserve | $2,890,035 | $4,983,472 | $3,578,564 |
| Educational Sales Tax | $2,654,733 | $2,226,904 | $427,829 |
| Library | $289,159 | $249,999 | $39,160 |
| Airport | $715,393 | $757,252 | $7,398 |
| Total, primary government (printed) | $55,418,021 | $59,091,860 | $16,531,014 |
Source: Summary Statement.
General Fund — 2025 actual
The General Fund began 2025 with $1,874,516, took in $10,627,518 (including ad valorem property tax of $3,106,874, sales tax of $2,654,733, ambulance fees of $1,044,749, and operating transfers in of $1,718,489), spent $11,162,385, and ended with $1,339,649 unencumbered ($1,881,841 cash after $542,192 in encumbrances and accounts payable). Against its budget for comparison of $11,536,256 (certified budget $11,445,356 plus qualifying budget credits of $90,900), actual expenditures were $373,871 under budget.
| Item | Amount |
|---|---|
| Beginning unencumbered cash, Jan 1, 2025 | $1,874,516 |
| Receipts, 2025 | $10,627,518 |
| Expenditures, 2025 | $11,162,385 |
| Ending unencumbered cash, Dec 31, 2025 | $1,339,649 |
| Add: encumbrances and accounts payable | $542,192 |
| Ending cash, Dec 31, 2025 | $1,881,841 |
Source: Summary Statement; Schedule 1; Schedule 2, General Fund.
Long-term debt — Dec 31, 2025
Total long-term debt outstanding was $35,379,777, on which the city paid $1,371,319 in interest during 2025. The 2026 general obligation bond debt service requirement is $4,230,607 in principal and interest ($3,285,000 principal + $945,607 interest).
| Item | Amount |
|---|---|
| General obligation bonds | $23,820,000 |
| General obligation temporary notes (Series 2024-1, due Oct 1, 2027) | $4,565,000 |
| State revolving loans | $5,857,393 |
| Finance leases | $1,137,384 |
| Total long-term debt | $35,379,777 |
| Interest paid in 2025 | $1,371,319 |
Source: Note 7 — Long-Term Debt.
Sources & notes
- Only source used: City of Independence, Kansas, Financial Statements for the Year Ended December 31, 2025 (auditor's report June 19, 2026). Read the statements (PDF). The state file title carries an “(In Process)” flag; that flag is disclosed here, not hidden.
- Sum checks: primary government ($20,204,853 + $55,418,021 − $59,091,860 = $16,531,014; + $1,475,817 = $18,006,831); reporting entity ($24,277,288 + $57,644,169 − $62,191,690 = $19,729,767; + $1,766,257 = $21,496,024); General Fund ($1,874,516 + $10,627,518 − $11,162,385 = $1,339,649; + $542,192 = $1,881,841); each major-fund row reconciles on its own; cash composition ($2,002 + $21,509,800 + $850 = $21,512,652, less agency funds $16,628 = $21,496,024).
- $1 discrepancy disclosed, not smoothed: the debt-change components sum to $35,379,776 (beginning $36,271,094 + additions $12,733,014 − reductions $13,624,332) against the printed ending total of $35,379,777; the $1 gap sits in the finance-lease walk ($734,518 + $636,782 − $233,917 = $1,137,383 vs. the printed $1,137,384). The printed total is used on this page.
- Negative ending balances reported as printed: Sanitation Utility −$54,569; City Projects −$31,870; WPC Loan C20 2043 Project −$111,961; KPWSL #3058 Waterline Project −$229,412; Water Treatment Facility Upgrade −$13,559; Airport Capital Reserve −$2,468.
- What is missing: the General Fund department-level expenditure breakdown was not extracted, so no department figures are claimed. The major-funds table is a subset of the statement's funds and does not sum to the city totals.
- Jurisdiction palette: no verified palette for this jurisdiction was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.