Page 88 - TownofPantegoFY25Budget
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2023 C.O. Projects Fund
Summary
The Town of Pantego is projecting $360K of revenue in FY2025, which represents a 44% increase over the prior year.
Budgeted expenditures are projected to decrease by 22.1% or $2.54M to $8.95M in FY2025.
$15M
$12 .5M
$10M
$7.5M
Ac tual Revenue Source
$5M Budgeted Revenue Source
Ac tual Expenditures
Budgeted Expenditures
$2 .5M
$0
FY2021 FY2022 FY2023 FY2024 FY2025
2023 C.O. Projects 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
Interest/Investment $0 $191,179 $250,000 $680,000 $360,000
Other $0 $13,000,000 $0 $4,708 $0
Total Revenues: $0 $13,191,179 $250,000 $684 ,708 $360,000
Expenditures
Capital Outlay $0 $349,174 $11,484,143 $2,748,789 $8,945,507
Total Expenditures: $0 $349,174 $11,4 84 ,143 $2 ,74 8 ,789 $8 ,945,507
Total Revenues Less Expenditures: $0 $12 , 842 ,005 -$11, 234 ,143 -$2 ,064 ,081 -$8 ,585,507
Ending Fund Balance: N/A N/A N/A N/A N/A
Expenditures by Expense Type
Name FY2022 FY2023 FY2024 FY2024 FY2025 FY2024 Budget vs.
Ac tual Ac tual Budget Projec ted Budgeted FY2025 Budgeted (%
Change)
Expense Objec ts
Town of Pantego | Town of Pantego FY 2024-2025 Page 87
