Page 45 - CityofTrophyClubFY25AdoptedBudget

FY2024-25 Approved Budget

FY 2024
CCPD Fund FY 2021 FY 2022 FY 2023 FY 2024 FY 2024 YEAR TO FY 2025 FY 2026
AMENDED
ACTUAL
ACTUAL
ACTUAL
APPROVED
DATE APPROVED PROJECTED
Beginning Fund Balance $ 222,811 $ 274,127 $ 280,480 $ 196,044 $ 196,044 $ 257,573 $ 217,888 $ 224,530

Revenue
Sales Tax $ 328,432 $ 365,464 $ 373,794 $ 350,000 $ 350,000 $ 317,109 $ 360,500 $ 371,315
Grant Revenue 1,448 483 21,525 - - 12,700 4,000 4,120

Interest Income - - 971 1,000 1,000 387 1,030 1,061

Assets Sold - - 10,000 - - - - -
Total Revenue $ 329,880 $ 365,947 $ 406,290 $ 351,000 $ 351,000 $ 330,196 $ 365,530 $ 376,496

Expenditures
Personnel
Salaries $ - $ - $ - $ - $ - $ - $ - $ -

Overtime 2,527 - 13,700 20,000 20,000 14,662 20,400 21,012

Retirement - - 1,644 2,657 2,657 1,935 2,840 2,925

Medical Insurance - - 685 - - 895 - -

Dental Insurance - - 41 - - 71 - -

Vision Insurance - - 4 - - 12 - -
Life Insurance & Other - - 33 - - 61 - -

Social Security Taxes - - - 1,242 1,242 957 1,265 1,303

Medicare Taxes - - - 291 291 214 296 305
Unemployment Taxes - - - - - 2 - -

Workers' Compensation 394 - 585 446 446 82 1,087 1,120

Total Personnel $ 2,921 $ - $ 16,692 $ 24,636 $ 24,636 $ 18,892 $ 25,888 $ 26,664
Services & Supplies
Professional Outside Services $ 26,766 $ 47,913 $ 40,468 $ 55,000 $ 55,000 $ 40,305 $ 45,000 $ 46,350
Schools & Training 17,086 23,571 16,408 18,500 18,500 18,955 21,500 22,145
Equipment Maintenance - - - - - 830 - -
Qualifying Expenses 10,290 16,813 7,294 18,500 18,500 19,716 21,500 22,145

Meetings - - 272 800 800 1,250 800 824

Office Supplies - 1,932 3,135 3,000 3,000 4,961 600 618

Postage - 245 - 500 500 48 100 103
Publications/Books/Subscription - 51 3,952 2,500 2,500 283 500 515

Uniforms 905 4,920 19,372 6,000 6,000 10,501 8,000 8,240
Protective Clothing - - - - - 855 - -
Small Equipment 72,241 48,198 73,111 75,000 75,000 39,737 75,000 77,250
Principle - Lease Payment - 33,273 - - - - - -

Interest - Lease Payment - 157 - - - - - -
Total Services & Supplies $ 127,288 $ 177,073 $ 164,013 $ 179,800 $ 179,800 $ 137,442 $ 173,000 $ 178,190
Capital
Capital Outlay $ 148,356 $ 273,098 $ 248,492 $ 245,000 $ 245,000 $ 213,548 $ 160,000 $ 164,800
Total Capital $ 148,356 $ 273,098 $ 248,492 $ 245,000 $ 245,000 $ 213,548 $ 160,000 $ 164,800

Total Expenditures $ 278,565 $ 450,171 $ 429,197 $ 449,436 $ 449,436 $ 369,882 $ 358,888 $ 369,654

Other Sources (Uses)
Transfer Out $ - $ - $ - $ - $ - $ - $ - $ -
Lease Proceeds - 90,577 - - - - - -

Total Other Sources (Uses) $ - $ 90,577 $ - $ - $ - $ - $ - $ -

Net Increase (Decrease) $ 51,315 $ 6,353 $ (22,907) $ (98,436) $ (98,436) $ (39,685) $ 6,642 $ 6,842

Ending Fund Balance $ 274,126 $ 280,480 $ 257,573 $ 97,608 $ 97,608 $ 217,888 $ 224,530 $ 231,372
FY 2024-2025 37 Approved Annual Budget