Page 18 - TownofTrophyClubOrd202533FY25BudgetAmendment
P. 18
All Funds Summary - Fiscal Year 2025
FY25 Tax Rate GOVERNMENTAL FUNDS PROPRIETARY FUNDS COMPONENT
UNITS
Capital Hotel Street Court Parkland Stormwater
0.415469 General Fund Debt Service Capital Projects Replacement Occupancy Maintenance Technology Court Security CCPD Fund Program Fund Dedication TIRZ #1 Grants Fund Trophy Club Drainage EDC 4B Fund Total
Equipment
Recreation
Fund
Park Fund
Fund
Fund
Fund Fund Sales Tax Fund Fund Fund Utility Fund
Beginning Fund Balance - FY23 $ 6,954,899 $ 1,779,396 $ 10,771,422 $ 2,359,096 $ 3,046,977 $ 496,177 $ 7,520 $ 74,994 $ 217,888 $ 29,491 $ 546,457 $ (111,065) $ 9,886 $ 630,736 $ 3,294,643 $ 3,018,237 $ 13,471,805
ACFR less FY24 Exp
Revenue
Property Tax 9,268,316 2,951,335 61,272 12,280,923
Licenses and Permits 193,000 193,000
Franchise Fees 951,200 951,200
Sales/Occupancy Tax 1,625,000 750,000 357,000 360,500 83,779 650,000 3,826,279
Fines and Fees 355,608 100 14,100 6,000 204,000 438,600 1,018,408
Intergovernmental (MUD) 1,356,797 1,356,797
Grants - 5,919,500 4,000 5,923,500
Charges for Service 1,986,190 1,986,190
Investment Income 400,000 10,000 50,000 1,530 1,030 1,750 1,224 40,000 505,534
Miscellaneous Income 180,500 2,575 10,000 25,000 218,075
Contributions 9,440,000 923,873 10,363,873
Total Revenue $ 16,316,611 $ 2,953,910 $ 15,369,500 $ 923,873 $ 810,000 $ 358,530 $ 100 $ 14,100 $ 365,530 $ 6,000 $ 1,750 $ 145,051 $ - $ 205,224 $ 478,600 $ 675,000 $ 38,623,779
Expenditures
General Government - 62,657 653,565 716,221
Manager's Office 634,477 634,477
Town Secretary's Office 292,093 292,093
Mayor & Council 34,750 34,750
Legal 225,330 225,330
Police 4,198,291 - 377,373 358,888 4,934,551
Emergency Medical Services 1,832,364 - 120,250 1,952,614
Fire 1,800,450 74,500 120,250 1,995,200
Streets 321,553 11,565,000 171,000 379,225 487,453 12,924,232
Parks 2,045,722 3,720,000 85,000 128,930 5,979,652
Recreation 532,254 6,000 538,254
Pool 419,241 419,241
Community Events 94,686 808,301 902,987
Community Development 497,533 497,533
Finance 688,922 688,922
Municipal Court 114,500 - - 114,500
Human Resources 470,086 470,086
Communications 183,154 183,154
Information Services 686,125 50,000 736,125
Facility Maintenance 1,323,968 1,323,968
Debt Service - 2,944,640 400 2,945,040
Capital - Projects - - 20,000 - 20,000
Total Expenditures $ 16,395,500 $ 2,944,640 $ 15,359,500 $ 923,873 $ 828,301 $ 379,225 $ - $ - $ 358,888 $ 6,000 $ - $ 62,657 $ - $ 128,930 $ 487,453 $ 653,965 $ 38,528,931
Current Revenues to $ (78,889) $ 9,270 $ 10,000 $ - $ (18,301) $ (20,695) $ 100 $ 14,100 $ 6,642 $ - $ 1,750 $ 82,394 $ - $ 76,294 $ (8,853) $ 21,036 $ 94,848
Expenditures
Other Sources (Uses):
Debt Issuance -
Transfers In 80,752 202,463 - 283,215
Excess Current Revenue (78,889)
Transfers Out - - - - - - 202,463 (202,463)
Total Other Sources (Uses) $ 1,863 $ 202,463 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ (202,463) $ 1,864
Net Increase (Decrease) $ 1,863 $ 211,733 $ 10,000 $ - $ (18,301) $ (20,695) $ 100 $ 14,100 $ 6,642 $ - $ 1,750 $ 82,394 $ - $ 76,294 $ (8,853) $ 223,498 $ 580,526
Ending Fund balance $ 6,956,762 $ 1,991,129 $ 10,781,422 $ 2,359,096 $ 3,028,676 $ 475,481 $ 7,620 $ 89,094 $ 224,530 $ 29,491 $ 548,207 $ (28,671) $ 9,886 $ 707,030 $ 3,285,790 $ 3,241,735 $ 33,707,278
FY 2024-2025 7 Approved Annual Budget
