Page 118 - CityofLakeWorthFY26AdoptedBudget
P. 118
CITY OF LAKE WORTH
MAJOR FUNDS
ESTIMATED CASH POSITIONS FOR
2025/2026 ADOPTED BUDGET WORKBOOK
CATEGORY GENERAL STORMWATER WATER/SEWER DEBT SERVICE HOTEL/MOTEL STREET MAINT TOTAL
Cash as of 9/30/24 10,309,869 416,809 7,311,692 93,906 1,556,871 1,404,304 21,093,452
Receivables & Prepaids as of 09/30/24 2,233,958 19,628 717,015 32,644 17,751 3,020,995
Liabilities as of 09/30/24 -844,184 -239,656 -9,972 -2,796 -1,096,608
Subtotal 11,699,643 436,437 7,789,051 126,550 1,564,650 1,401,509 23,017,840
2024/2025 Estimated Revenue * 15,413,429 186,500 4,848,409 3,418,250 275,088 53,086 24,194,762
2024/2025 Estimated Expenses -15,696,786 3,128 -3,419,546 -3,519,945 -140,424 -763,000 -23,536,573
Estimated Balance 9/30/25 11,416,286 626,065 9,217,914 24,855 1,699,314 691,595 23,676,029
2025/2026 Projected Revenue * 19,684,965 184,400 4,942,710 3,196,168 280,300 47,750 28,336,293
2025/2026 Projected Expenses -19,591,222 -451,350 -3,594,618 -3,175,168 -141,735 -363,000 -27,317,093
Estimated Balance 9/30/26 11,510,029 359,115 10,566,006 45,855 1,837,879 376,345 24,695,229
Other Funds (see detail attached)
Park Fund 134,419 134,419
Child Safety Fund 4,925 4,925
Court Technology 25,100 25,100
Court Security 159,736 159,736
Municipal Jury Fund 1,667 1,667
Local Truancy Prevention Fund 87,690 87,690
Confiscated Property 3,014 3,014
Total Estimated Cash Balances 11,926,579 359,115 10,566,006 45,855 1,837,879 376,345 25,111,779
* Budget revenues adjusted for "Use of Prior Year Fund Balances."
