Page 100 - CityofMansfieldFY24Budget
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Fund balance increased 8.67% in FY 2021-2022. Revenues came in $17,054,200 higher than
expenditures. Of this amount, nearly $7M was in capital contributions. This has allowed the Utility Fund
to continue to pay for projects with cash, as opposed to issuing debt.
*Budget is Adopted and Final Budget.
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