Page 149 - BurlesonFY24AdoptedBudget

General Fund Forecast

FY 22-23 FY 22-23 FY 23-24 FY 24-25 FY 25-26 FY 26-27 FY 27-28
Budget Estimate Projected Projected Projected Projected Projected

Beginning Fund Balance $ 22,135,781 $ 21,924,171 $ 17,826,957 $ 16,125,548 $ 15,051,719 $ 13,977,982 $ 13,673,998
Property Tax 24,609,241 $ 24,775,000 $ 26,745,080 $ 28,207,047 $ 29,749,152 $ 31,375,794 $ 33,091,614

Property Tax- Chisholm Summit $ - $ - $ - $ - $ 500,000 $ 1,030,000 $ 1,575,900

Homestead exemption - $ - $ - $ (350,000) $ (525,000) $ (700,000) $ (700,000)

Sales Tax $ 14,415,784 $ 14,946,030 $ 15,394,411 $ 15,856,243 $ 16,331,930 $ 16,821,888 $ 17,326,545

Other Revenue $ 14,126,072 $ 13,880,120 $ 16,545,267 $ 16,725,984 $ 17,366,701 $ 18,152,433 $ 18,980,720

Total Revenue $ 53,151,097 $ 53,601,150 $ 59,651,098 $ 60,439,273 $ 63,422,783 $ 66,680,115 $ 70,274,778

Base Expenses $ 55,328,010 $ 57,698,364 $ 56,594,995 $ 58,899,350 $ 61,092,233 $ 61,430,822 $ 63,163,822

Proposed Supplementals $ - $ - $ 2,182,254 $ 1,476,558 $ 1,525,028 $ 1,579,237 $ 1,633,878

Future Supplementals - $ 500,000 $ 1,000,000 $ 1,500,000 $ 2,000,000
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Cash Funding Projects $ - $ - $ 1,400,000 $ 637,194 $ 879,259 $ 1,383,547 $ -
Safer Grant 9 Fire Fighters $ - $ - $ - $ - $ - $ 1,090,493 $ 1,139,565

Fire Station 4 - Operation and Equip $ - $ - $ - $ - $ - $ - $ 1,747,611

Total Expenditures $ 55,328,010 $ 57,698,364 $ 61,352,506 $ 61,513,102 $ 64,496,520 $ 66,984,099 $ 69,684,876

Change in Fund Balance $ (2,176,913) $ (4,097,214) $ (1,701,408) $ (1,073,829) $ (1,073,737) $ (303,984) $ 589,903

Ending Fund Balance $ 19,958,868 $ 17,826,957 $ 16,125,548 $ 15,051,719 $ 13,977,982 $ 13,673,998 $ 14,263,901

FB % of Expenditure 36.07% 30.90% 26.28% 24.47% 21.67% 20.41% 20.47%