Page 114 - FY 2024-25 ADOPTED BUDGET

LONG RANGE-FINANCIAL FORECAST

ESTIMATED AND ACTUAL REVENUES, EXPENDITURES, AND OTHER SOURCES (USES)
FY 2022-23 TO 2029-30

Actual Estimated Adopted Projected Projected Projected Projected Projected
2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 Trend

BEGINNING BALANCE $ 13,886,069 $ 18,552,556 $ 22,486,685 $ 22,492,980 $ 23,560,181 $ 24,721,653 $ 25,692,076 $ 26,783,170

REVENUES
Ad Valorem Taxes $ 16,068,225 $ 17,348,245 $ 18,701,693 $ 19,356,252 $ 20,033,721 $ 20,734,901 $ 21,460,623 $ 22,211,745
Franchise Taxes 1,291,484 1,306,090 1,270,000 1,295,400 1,321,308 1,347,734 1,374,689 1,402,183

Sales & Other Taxes 4,690,258 4,510,050 4,510,000 4,600,200 4,692,204 4,786,048 4,881,769 4,979,404
Licenses & Permits 482,792 368,200 378,300 387,758 397,451 409,375 421,656 434,306
Fines & Forfeitures 449,447 520,000 509,000 521,725 539,985 556,185 572,870 590,057
Money & Property 725,485 894,500 569,500 583,738 592,494 610,268 628,576 647,434

Revenue from Other Agencies 570,886 505,000 505,000 517,625 531,860 547,815 564,250 581,177
Service Charges 1,093,671 972,800 937,000 960,425 986,837 1,016,442 1,046,935 1,078,343
Other Revenues 367,016 60,172 52,000 53,300 54,766 56,409 58,101 59,844
Transfers-In 3,354,465 2,723,986 640,119 374,444 376,515 - - -

TOTAL REVENUES $ 29,093,729 $ 29,209,043 $ 28,072,612 $ 28,650,866 $ 29,527,141 $ 30,065,178 $ 31,009,470 $ 31,984,492

TOTAL AVAILABLE $ 42,979,798 $ 47,761,600 $ 19,535,298 $ 51,143,847 $ 53,087,322 $ 54,786,830 $ 56,701,546 $ 58,767,663

EXPENDITURES
General Government 2,936,073 1,502,393 1,422,315 464,984 478,934 493,302 508,101 523,344
Staff Services 1,253,391 1,362,674 1,708,319 1,759,568 1,812,355 1,866,726 1,922,728 1,980,410
Public Safety 11,872,562 12,638,921 13,517,634 13,923,163 14,340,858 14,771,084 15,214,216 15,670,643

Public Services 6,306,447 7,057,410 8,617,438 8,875,961 9,142,240 9,416,507 9,699,002 9,989,972
Community Development 850,241 880,588 966,748 995,751 1,025,623 1,056,392 1,088,084 1,120,726
Debt Service 908,529 1,532,929 1,533,863 1,264,238 1,265,659 1,190,744 1,186,244 1,190,544

Transfers and Other Uses 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
TOTAL EXPENDITURES $ 24,427,242 $ 25,274,914 $ 28,066,317 $ 27,583,665 $ 28,365,669 $ 29,094,755 $ 29,918,375 $ 30,775,639

ENDING BALANCE $ 18,552,556 $ 22,486,685 $ 22,492,980 $ 23,560,181 $ 24,721,653 $ 25,692,076 $ 26,783,170 $ 27,992,024

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