Page 18 - CityofNRHFY25AdoptedBudget
P. 18
FISCAL YEAR 2024-2025
SCHEDULE 12 - SUMMARY OF REVENUES AND EXPENDITURES
PROMOTIONAL FUND
ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2021/22 FY 2022/23 FY 2023/24 FY 2023/24 FY 2024/25
REVENUES
Occupancy Tax Proceeds $328,965 $312,158 $350,000 $350,000 $417,500
Interest Income 7,522 40,052 19,375 42,315 40,000
Other 1,221 0 0 0 0
TOTAL OPERATING REVENUES $337,707 $352,210 $369,375 $392,315 $457,500
APPROPRIATION OF FUND BALANCE
Appropriation of Fund Balance $0 $0 $29,041 $0 $12,491
TOTAL APPROPRIATION OF FUND BALANCE $0 $0 $29,041 $0 $12,491
TOTAL RESOURCES $337,707 $352,210 $398,416 $392,315 $469,991
EXPENDITURES
OPERATING EXPENDITURES
Economic Development $124,781 $131,664 $190,893 $140,502 $306,499
Cultural & Leisure 142,476 148,288 205,858 203,553 162,835
Non-Departmental 316 192 1,665 1,576 657
TOTAL OPERATING EXPENDITURES $267,573 $280,143 $398,416 $345,631 $469,991
OTHER & RESERVES
Planned Contributions to Fund Balance $0 $0 $0 $46,684 $0
TOTAL OTHER & RESERVES $0 $0 $0 $46,684 $0
TOTAL EXPENDITURES $267,573 $280,144 $398,416 $392,315 $469,991
BALANCE $70,134 $72,066 $0 $0 $0
18
