Page 355 - FY 24 Budget Forecast at Adoption.xlsx

PARK DEVELOPMENT FEE FUND

FUND DESCRIPTION:
This fund is used to account for resources received from park development fees and expenditures that are restricted for park
improvements. Funds are transferred to the Park CIP Fund for park improvements. In prior years, fund revenues and
expenditures were included in operating budget totals. The funds revenue and expenditures are not considered operating funds
and are shown for informational purposes only. In the City's Annual Comprehensive Financial Report (ACFR), the fund is
presented as a capital improvement fund.

REVENUE SUMMARY

FY 2023-24
FY 2021-22 FY 2022-23 FY 2022-23 Adopted Budget
REVENUES: Actual Budget YE Proj. Budget Variance ($)
Park Development Fees $ – $ – $ – $ – $ –
Interest Earnings (46) – 23 – –

TOTAL $ (46) $ – $ 23 $ – $ –

EXPENDITURE SUMMARY

FY 2023-24
FY 2021-22 FY 2022-23 FY 2022-23 Adopted Budget
EXPENDITURES BY DIVISION: Actual Budget YE Proj. Budget Variance ($)
Park Improvements/ Land Acquisition $ – $ – $ – $ – $ –
TOTAL $ – $ – $ – $ – $ –

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