Page 112 - CityofKennedaleFY26AdoptedBudget
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OVERVIEW: PARK DEDICATION FUND
Revenue for the Park Dedication Fund (14) comes primarily from fees associated with certain
residential developments within the City and proportionate interest income from pooled
investments. Expenditures from this fund are tied to park maintenance and improvements.
FUND 14 PARK DEDICATION
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
14-4194-00-00 PARK DEDICATION FEES 13,657 12,000 5,400 2,500
14-4401-00-00 INVESTMENT INCOME 18,316 20,100 14,901 13,500
14-4409-00-00 MISCELLANEOUS INCOME - - 346 -
TOTAL REVENUES $ 31,973 $ 32,100 $ 20,647 $ 16,000
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
14-5580-52-09 BRICK PAVERS - - -
14-5820-51-09 BUILDING IMPROVEMENTS 311,383 100,000 75,000 160,000
14-5875-51-09 CONSTRUCTION - - -
14-5955-51-09 SONORA PARK BALLFIELDS - - -
TOTAL EXPENDITURES $ 311,383 $ 100,000 $ 75,000 $ 160,000
NET CHANGE IN FUND BALANCE $ (279,411) $ (67,900) $ (54,353) $ (144,000)
BEGINNING FUND BALANCE — OCT 1 $ 558,722 $ 279,311 $ 279,311 $ 224,958
ENDING FUND BALANCE — SEPT 30 $ 279,311 $ 211,411 $ 224,958 $ 80,958
CITYOFKENNEDALE.COM/FINANCE 111
