Page 46 - BudgetBookCover_FY26_Adopted.pdf

Fund Summary

2024-25
2023-24 MODIFIED 2024-25 2024-25 2025-2026
ACTUALS BUDGET ACTUALS YTD PROJECTIONS ADOPTED BUDGET
Modified vs. Modified vs.
FY2024 FY2025 FY2025 FY2025 FY2026
Adopted % Adopted $
Operating Revenues
Misc Revenue ($497) – $750 $750 $0 – $0
Property Taxes $50,600,263 $55,565,825 $54,092,900 $53,865,825 $48,531,325 (12.7%) ($7,034,500)
OPERATING REVENUES $50,599,765 $55,565,825 $54,093,650 $53,866,575 $48,531,325 (12.7%) ($7,034,500)
TOTAL
Non-Operating Revenues
Investment Income $261,848 – $371,544 $400,000 $400,000 – $400,000
Proceed From Debt $78,278 – – $0 $0 – $0
Issuance
Transfers In $6,045,481 $4,734,558 $3,362,292 $3,362,292 $3,803,033 (19.7%) ($931,525)
NON-OPERATING $6,385,607 $4,734,558 $3,733,836 $3,762,292 $4,203,033 (11.2%) ($531,525)
REVENUES TOTAL
Total Revenues $56,985,372 $60,300,383 $57,827,486 $57,628,867 $52,734,358 – –
Non-Operating Expenses
Debt Service $57,050,255 $60,735,776 $56,475,396 $56,540,868 $54,171,412 (10.8%) ($6,564,364)
NON-OPERATING
EXPENSES TOTAL $57,050,255 $60,735,776 $56,475,396 $56,540,868 $54,171,412 (10.8%) ($6,564,364)
Total Expenditures $57,050,255 $60,735,776 $56,475,396 $56,540,868 $54,171,412 – –
Revenues Less ($64,882) ($435,393) $1,352,090 $1,087,999 ($1,437,054) – –
Expenditures
Beginning Fund Balance $1,585,491 $1,520,609 $1,520,609 $1,520,609 $2,608,608 71.6% $1,087,999
Ending Fund Balance $1,520,609 $1,085,216 $2,872,699 $2,608,608 $1,171,554 – –
Fund Balance Allocation
Excess Fund Balance
Available – – – $2,608,608 $1,171,554 – $1,171,554
FUND BALANCE – – – $2,608,608 $1,171,554 – $1,171,554
ALLOCATION TOTAL

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