Page 68 - CityofDalworthingtonGardensFY25AdoptedBudget

150-DEBT FUND SUMMARY

BEGINNING FUND BALANCE 86,046 97,914 52,334 52,334 52,334 53,181 Variance Calculations

FY 24/25
FY 23/24
FY 23/24 Proposed Budget FY 24/25
FY 23/24 FY 24/25 Actual + Projected
FY 20/21 FY 21/22 FY 22/23 TOTAL Over/(Under) Proposed Budget
REVENUE CATEGORY Original Proposed Over/(Under)
Actual Actual Actual Actual plus FY 23/24 Actual Over/(Under)
Budget Budget FY 23/24
Projected plus FY 23/24 Budget
Budget
Projected
Property Taxes 314,153 317,467 373,334 357,659 357,692 374,964 33 17,272 17,305 5%
Other Revenue 369 2,650 5,711 - 6,574 8,725 6,574 2,151 8,725 100%

Other Sources 2,134 - - - - - - - -
TOTAL REVENUE 316,656 320,117 379,045 357,659 364,266 383,690 6,607 19,423 26,030 7%

FY 24/25
FY 23/24
FY 23/24 Proposed Budget FY 24/25
FY 23/24 FY 24/25 Actual + Projected
FY 20/21 FY 21/22 FY 22/23 TOTAL Over/(Under) Proposed Budget
EXPENDITURE CATEGORY Original Proposed Over/(Under)
Actual Actual Actual Actual plus FY 23/24 Actual Over/(Under)
Budget Budget FY 23/24
Projected plus FY 23/24 Budget
Budget
Projected
Debt Expenses 304,788 365,698 367,244 361,919 361,919 361,394 - (525) (525) 0%
Other Uses - - 4,250 3,000 1,500 2,000 (1,500) 500 (1,000) -50%

TOTAL EXPENDITURES 304,788 365,698 371,494 364,919 363,419 363,394 (1,500) (25) (1,525) 0%

REVENUE OVER EXPENDITURES 11,868 (45,581) 7,551 (7,260) 847 20,296 8,107 19,448 27,555 136%

ENDING FUND BALANCE 97,914 52,334 59,885 45,074 53,181 73,477