Page 17 - Euless ORD 2360 Adopted FY 23-24 Budget

EXECUTIVE SUMMARY

GENERAL FUND

FY 2023 Budgeted Resources 58, 655, 282
Less Use of Prior Year Reserves 8, 891, 334)

FY 2023 Net Operating Revenues 49, 763, 948

Proposed Changes in Revenue
Property Taxes 2, 117, 612
Sales Tax 545, 459
Franchise Fees 283, 793
Licenses and Permits 21, 129
Fines and Fees 202, 746
Interest Income 74, 002
Transfers 166, 990
Other Changes 120, 062
Subtotal: 3, 531, 793

FY 2024 Proposed Operating Revenues 53, 295, 741

FY 2023 Budgeted Expenses 58, 584, 348
Less Capital / One -Time Expenses 8, 891, 334)

FY 2023 Net Operating Expenses 49, 693, 014
Proposed Changes in Expenses

Salaries and Benefits 1, 528, 584
Rebates/ Incentives 74, 836
Professional/ Technical 138, 717
Utilities and Fees 99, 091
Maintenance/ Supplies 306, 393
Equipment Replacement 541, 848
Street Improvements 50, 000
Other Changes 81, 350
Subtotal: 2, 820, 819

FY 2024 Proposed Supplemental 738, 675

FY 2024 Proposed Operating Expenses 53, 252, 508

Proposed Capital / One -Time Expenses
Capital / One -Time Carryover 915, 268
Recommended Capital / One -Time Expenses 7, 484, 156

FY 2024 Proposed Capital / One -Time Expenses 8, 399, 424

FY 2024 Proposed Budget 61, 651, 932

Ordinance No. 2360, Page 17 of 326 9