Page 127 - CityofKennedaleFY26AdoptedBudget

OVERVIEW: GRANTS FUND

The Grants Fund (40) will house funding and track expenditures for grants awarded to the City.
As most grants function as cost reimbursable agreements (funding isn’t received until an
expenditure has taken place and proper documentation has been provided to the granting
agency), this fund is expected to have a $0 balance over time. Previously, grant revenues and
expenditures were tracked in the General Fund (01).

FUND 40 GRANTS
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
40-4086-00-00 POLICE DEPARTMENT GRANTS 31,241 - - -
40-4095-00-00 LIBRARY GRANTS 7,877 - 28,164 -
40-4098-00-00 FIRE DEPARTMENT GRANTS 648,616 - 657,722 -
40-4401-00-00 INVESTMENT INCOME 42 65 - -
TOTAL REVENUES $ 687,776 $ 65 $ 685,886 $ -

Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
40-5291-09-01 GRANT FUNDED SUPPLIES-POLICE 20,505 - - -
40-5291-10-01 GRANT FUNDED SUPPLIES-FIRE 648,615 - 657,722 -
40-5291-17-01 GRANT FUNDED SUPPLIES-LIBRARY 7,877 28,164 -
TOTAL EXPENDITURES $ 676,997 $ - $ 685,886 $ -

NET CHANGE IN FUND BALANCE $ 10,779 $ 65 $ (0) $ -

BEGINNING FUND BALANCE — OCT 1 $ - $ 10,779 $ 10,779 $ 10,779
ENDING FUND BALANCE — SEPT 30 $ 10,779 $ 10,844 $ 10,779 $ 10,779

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