Page 49 - BudgetBookCover_FY26_Adopted.pdf

2024-25
2023-24 MODIFIED 2024-25 2024-25 2025-2026
ACTUALS ACTUALS YTD PROJECTIONS ADOPTED BUDGET
BUDGET
FY2024 FY2025 FY2025 FY2025 FY2026 Modified vs. Modified vs.
Adopted % Adopted $
Revenues Less
Expenditures $20,608,274 ($2,034,291) ($3,507,987) ($3,365,137) $6,160,425 – –
Beginning Fund Balance $36,446,693 $34,810,561 $34,810,561 $34,810,561 $31,445,424 (9.7%) ($3,365,137)
Ending Fund Balance $57,054,967 $32,776,270 $31,302,574 $31,445,424 $37,605,849 – –
Fund Balance Allocation
Excess Fund Balance – – – $9,395,434 $12,017,762 – $12,017,762
Available
Fund Balance – – – $22,049,990 $25,588,087 – $25,588,087
Requirement (80) Days
FUND BALANCE
ALLOCATION TOTAL – – – $31,445,424 $37,605,849 – $37,605,849
Fund Balance Reserves
Reserves for Rate – – – $6,149,303 $6,611,903 – $6,611,903
Stabilization fund
Reserves for Debt Service – – – $2,534,049 $2,534,049 – $2,534,049
FUND BALANCE – – – $8,683,352 $9,145,952 – $9,145,952
RESERVES TOTAL

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