Page 19 - Euless ORD 2360 Adopted FY 23-24 Budget

EXECUTIVE SUMMARY

CAR RENTAL FUND

FY 2023 Budgeted Resources 19, 144, 155
Less Use of Prior Year Reserves 1, 482, 972)

FY 2023 Net Operating Revenues 17, 661, 183

Proposed Changes in Revenue
Car Rental Taxes 83, 474
Transfers In
Interest Income 325, 644

Subtotal: 409, 118

FY 2024 Proposed Operating Revenues 18, 070, 301

FY 2023 Budgeted Expenses 16, 070, 847
Less Capital / One -Time Expenses 1, 482, 972)

FY 2023 Net Operating Expenses 14, 587, 875

Proposed Changes in Expenses
DFW Rebate 55, 648
Contingencies
Transfer to General Fund 9, 275
Transfer to Equipment Replacement 54, 928)
Subtotal: 9, 995

FY 2024 Proposed Operating Expenses 14, 597, 870

Proposed Capital / One - Time Expenses
Capital / One -Time Carryover 372, 972
Recommended Capital / One -Time Expenses 7, 625, 000

FY 2024 Proposed Capital / One - Time Expenses 7, 997, 972

FY 2024 Proposed Budget 22, 595, 842

Ordinance No. 2360, Page 19 of 326 11