Page 28 - CityofDalworthingtonGardensFY25AdoptedBudget

111-O&G RESERVE FUND SUMMARY

BEGINNING FUND BALANCE 356,837 494,988 665,608 815,896 815,896 879,234 Variance Calculations

FY 24/25
FY 23/24
FY 23/24 Actual + Proposed FY 24/25
Budget
FY 20/21 FY 21/22 FY 22/23 FY 23/24 TOTAL FY 24/25 Projected Proposed Budget
REVENUE CATEGORY Proposed Over/(Under)
Actual Actual Actual Budget Actual plus Over/(Under) Over/(Under)
FY 23/24 Actual
Projected Budget FY 23/24 FY 23/24 Budget
plus
Budget
Projected
Other Revenue 389 4,753 36,386 42,481 46,231 45,286 3,750 (945) 2,805 6%
Other Sources 137,762 165,867 113,901 35,000 17,107 11,000 (17,893) (6,107) (24,000) -218%
TOTAL REVENUE 138,151 170,620 150,287 77,481 63,338 56,286 (14,143) (7,052) (21,195) -38%

FY 24/25
FY 23/24
FY 23/24 Actual + Proposed FY 24/25
Budget
FY 20/21 FY 21/22 FY 22/23 FY 23/24 TOTAL FY 24/25 Projected Proposed Budget
EXPENDITURE CATEGORY Proposed Over/(Under)
Actual Actual Actual Budget Actual plus Over/(Under) Over/(Under)
FY 23/24 Actual
Projected Budget FY 23/24 FY 23/24 Budget
plus
Budget
Projected
Transfer Out - Fire Truck - - - - - 28,143 - 28,143 28,143 100%
Transfer Out - Radios - - - - - 28,143 - 28,143 28,143 100%
TOTAL EXPENDITURES - - - - - 56,286 - 56,286 56,286 100%

REVENUE OVER EXPENDITURES 138,151 170,620 150,287 77,481 63,338 - (14,143) (63,338) (77,481)

ENDING FUND BALANCE 494,988 665,608 815,896 893,377 879,234 879,234