Page 73 - TownofPantegoFY25Budget
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Equipment Replacement Fund
Summary
The Town of Pantego is projecting $42.5K of revenue in FY2025, which represents a 52.8% decrease over the prior year.
Budgeted expenditures are projected to increase by 101.0% or $271.91K to $541.17K in FY2025.
$600K
$ 400K
Ac tual Revenue Source
$200K Budgeted Revenue Source
Ac tual Expenditures
Budgeted Expenditures
$0
FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Equipment Replacement 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
Sale of Assets $0 $277,770 $30,100 $35,755 $12,500
Interest/Investment $7,787 $54,564 $60,000 $55,000 $30,000
Other $496,103 $8,460 $0 $0 $0
Total Revenues: $503, 890 $340,794 $90,100 $90,755 $ 42 ,500
Expenditures
Training/ Dues / Misc. $6,879 $0 $0 $0 $0
Capital Outlay $98,992 $137,379 $269,268 $422,262 $541,175
Total Expenditures: $105, 872 $137, 379 $269, 268 $ 422 , 262 $541,175
Total Revenues Less Expenditures: $398 ,018 $203,415 -$179,168 -$331,507 -$ 498 ,675
Ending Fund Balance: N/A N/A N/A N/A N/A
Town of Pantego | Town of Pantego FY 2024-2025 Page 72
