Page 15 - TownofPantegoFY25Budget

General Fund

Summary

The Town of Pantego is projecting $6.42M of revenue in FY2025, which represents a 2.2% increase over the prior year.
Budgeted expenditures are projected to increase by 1.8% or $113.35K to $6.39M in FY2025.

$8M

$6M

$ 4M
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$2M
Budgeted Expenditures

$0
FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

General Fund Comprehensive Summary

Name FY2022 Ac tual FY2023 Ac tual FY2024 Budget FY2024 Projec ted FY2025 Budgeted
Beginning Fund Balance: N/A N/A N/A N/A N/A
Revenues
Taxes $3,533,512 $3,987,638 $4,130,240 $4,064,530 $4,267,913
Fines & Fees $451,459 $548,285 $567,950 $463,185 $660,250
Licenses & Permits $69,924 $64,553 $62,250 $53,818 $58,350
Charges for Services $2,416 $4,428 $4,000 $2,450 $4,324
Miscellaneous Fees $151,418 $120,282 $138,400 $141,176 $147,950
Sale of Assets $8,460 $0 $0 $0 $0
Interest/Investment $7,445 $46,150 $45,000 $53,700 $38,500
Grants $14,011 $18,070 $181,043 $0 $0
Other $381,734 $1,021,273 $1,155,261 $1,172,688 $1,245,000

Total Revenues: $ 4 ,620, 379 $5, 810,678 $6 , 284 ,144 $5,951,547 $6 ,422 , 287

Expenditures
Personnel Services $3,958,602 $4,738,300 $4,975,845 $4,524,670 $5,001,495
Contractual Agreements $428,129 $531,064 $510,560 $546,329 $584,623
Supplies / Maintenance $287,026 $341,631 $366,915 $358,351 $362,579

Town of Pantego | Town of Pantego FY 2024-2025 Page 14