Page 241 - CityofWataugaAdoptedBudgetFY25

SAFER GRANT REIMBURSEMENT – FUND 12

The Safer Grant Reimbursement Fund was established in FY2019-
2020 to account for proceeds from the Safer Grant awarded to the
City for a percentage of the fire personnel. The percentage of
personnel reimbursement of six firefighters is at 75% of the first two
years and 35% for the third year. This percentage will decline each
fiscal year until all grant proceeds have been expended. FY2022-23 was the final year
for the grant proceeds and the six firefighters have been reallocated to General Fund for
FY2023-24.

SAFER GRANT REIMBURSEMENT BUDGET SUMMARY

HISTORY PROJECTED YEAR BUDGET
2021-2022 2022-2023 2023-2024 2023-2024 2024-2025
Actual Actual Budget Projected Budget

Fund Balance, October 1 $7,920 $7,921 $7,920 $7,920 $7,920
Revenues:
Grant Proceeds 220,854 27,150 0 0 0
Interest Earnings 0 0 0 0 0
Grant Revenues $220,854 $27,150 $ - $ - $ -

Total Available Resources $228,774 $35,070 $ 7,920 $ 7,920 $ 7,920

Expenditures:
Personnel 220,854 27,150 0 0 0
Grant Expenditures 220,854 27,150 0 0 0

TOTAL EXPENDITURES $220,854 $27,150 $ - $ - $ -

Fund Balance, September 30 $7,921 $7,921 $7,920 $7,920 $7,920

CHANGE IN FUND BALANCE $0 $0 $0 $0 $0

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