Page 42 - Lake Worth Adopted Budget FY 23-24
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CITY OF LAKE WORTH
PROPOSED BUDGET FOR
FISCAL YEAR ENDING 09/ 30/ 24
ACCOUNT ACCOUNT CURRENT YTD TOTAL PROPOSED
NUMBER DESCRIPTION BUDGET ( as of07/ 26/ 23) BUDGET
HOTEL/ MOTEL TAX FUND
600-4013- 000-000 HOTEL TAX REVENUE - 210,000.00 - 185, 210.70 - 240,000.00
6004014-000-000 HOTELTAX DISCOUNTS 2, 100.00 1, 852. 11 2, 400.00
600-4800-000-000 INVESTMENT INCOME - 17, 000.00 - 42, 043. 90 - 40,000.00
6004880-000-000 MISCELLANEOUS INCOME - 0. 01
TOTAL HOTEL/ MOTEL TAX FUND REVENUES - 224,900.00 - 225,402. 50 - 277, 600.00
600-0599- 505-000 OTHER SERVICES 200.00
600-0607-505- 000 BEST WESTERN 26,531. 00 18, 620. 10 26,933. 00
600-0630-505- 000 EVENT SPONSORSHIPS 15, 000600 15, 000500 15, 000100
600-0905- 505- 000 ADMIN FEES -GENERAL FUND 88, 157.00 92, 905. 00
600-0915-505- 000 TRANSFER OUT -OTHER FUNDS 7, 000.00 7. 000,00
TOTAL HOTEL/ MOTEL TAX FUND EXPENSES 136,888.00 33, 620. 10 141, 838. 00
HOTEL/ MOTEL TAX FUND DEFICIT/( -) SURPLUS 88, 012. 00 191, 782.40- 135, 762. 00
Attachment A Page 38 of 48
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