Page 97 - CityofMansfieldFY25Budget
P. 97
The change in fund balance in FY 2022-2023 is due to higher than budgeted property taxes dedicated to
debt service; however, City Council and Management made the decision to pay an additional $5M in debt
in both FY 2023-2024 and FY 2024-2025.
*Budget is Adopted and Final Budget.
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