Page 114 - FY 2023-24 ADOPTED BUDGET

LONG RANGE-FINANCIAL FORECAST

ESTIMATED AND ACTUAL REVENUES, EXPENDITURES, AND OTHER SOURCES (USES)
FY 2021-22 TO 2028-29

Actual Estimated Adopted Projected Projected Projected Projected Projected
2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 Trend

BEGINNING BALANCE $ 13,886,069 $ 17,497,384 $ 19,566,770 $ 19,572,540 $ 20,640,445 $ 21,537,295 $ 22,810,725 $ 23,820,642

REVENUES
Ad Valorem Taxes $ 14,758,918 $ 16,056,798 $ 17,429,157 $ 18,039,177 $ 18,670,549 $ 19,324,018 $ 20,000,359 $ 20,700,371
Franchise Taxes 1,234,011 1,306,049 1,270,000 1,295,400 1,321,308 1,347,734 1,374,689 1,402,183
Sales & Other Taxes 3,907,011 4,010,100 4,010,000 4,090,200 4,172,004 4,255,444 4,340,553 4,427,364

Licenses & Permits 1,010,720 367,300 370,400 379,660 389,152 400,826 412,851 425,236
Fines & Forfeitures 510,500 442,000 545,000 558,625 578,177 595,522 613,388 631,789
Money & Property 95,941 499,500 369,500 378,738 384,419 395,951 407,830 420,065
Revenue from Other Agencies 530,960 500,000 505,000 517,625 531,860 547,815 564,250 581,177

Service Charges 1,110,352 875,500 876,000 897,900 922,592 950,270 978,778 1,008,141
Other Revenues 134,992 384,447 62,500 64,063 65,824 67,799 69,833 71,928
Transfers-In 1,359,310 631,485 638,485 640,119 374,444 376,515 - -

TOTAL REVENUES $ 24,652,715 $ 25,073,179 $ 26,076,042 $ 26,861,506 $ 27,410,328 $ 28,261,895 $ 28,762,530 $ 29,668,255

TOTAL AVAILABLE $ 38,538,784 $ 42,570,562 $ 19,535,298 $ 46,434,047 $ 48,050,773 $ 49,799,190 $ 51,573,254 $ 53,488,897

EXPENDITURES
General Government 2,668,485 2,868,782 1,493,253 538,051 554,192 570,818 587,942 605,581

Staff Services 1,174,034 1,302,686 1,393,128 1,434,922 1,477,969 1,522,309 1,567,978 1,615,017
Public Safety 9,559,614 9,617,660 13,208,905 13,605,172 14,013,327 14,433,727 14,866,739 15,312,741
Public Services 4,609,810 7,117,754 7,218,847 7,435,412 7,658,475 7,888,229 8,124,876 8,368,622
Community Development 820,121 888,681 923,510 951,215 979,752 1,009,144 1,039,419 1,070,601
Debt Service 1,909,337 908,229 1,532,629 1,528,829 1,529,763 1,264,238 1,265,659 1,190,744

Transfers and Other Uses 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000

TOTAL EXPENDITURES $ 21,041,400 $ 23,003,792 $ 26,070,272 $ 25,793,601 $ 26,513,478 $ 26,988,465 $ 27,752,613 $ 28,463,306

ENDING BALANCE $ 17,497,384 $ 19,566,770 $ 19,572,540 $ 20,640,445 $ 21,537,295 $ 22,810,725 $ 23,820,642 $ 25,025,590

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