Page 207 - CityofLakeWorthFY26AdoptedBudget

CITY OF LAKE WORTH

2025/2026 ADOPTED BUDGET

STREET MAINTENANCE SUMMARY (FUND 107)

2020/2021 2021/2022 2022/2023 2023/2024 2024/2025 2025/2026
CATEGORY ACTUAL ACTUAL ACTUAL ACTUAL ADOPTED ESTIMATED ADOPTED
REVENUE
SALES TAX
INVESTMENT & MISC INCOME (729) (10,532) (71,382) (77,335) (72,025) (53,086) (47,750)
TRANSFERS IN (402,000) (94,830) (152,172)
USE OF PRIOR YEAR RESERVES
TOTAL REVENUE (402,729) (105,362) (223,554) (77,335) (72,025) (53,086) (47,750)
EXPENDITURES
SALARIES (100 SERIES)
SUPPLIES (200 SERIES) 95
MAINTENANCE (300 & 400 SERIES) 217,192 24,818 350,774 112,004 590,760 760,000 360,000
SERVICES (500 SERIES) 6,695 2,000 3,000 3,000
MISCELLANEOUS (600 SERIES)
EQUIPMENT (700 SERIES)
CAPITAL (800 SERIES)
TRANSFERS OUT (900 SERIES)
TOTAL EXPENDITURES 217,287 24,818 350,774 118,699 592,760 763,000 363,000

VARIANCE-(SURPLUS)/DEFICIT (185,442) (80,544) 127,220 41,364 520,735 709,914 315,250

The Street Maintenance Fund does not fund any positions

ESTIMATED FUND BALANCES

Fund Balance 09/30/24 1,401,509
FYE 09/25 Estimated Surplus/(Deficit) (709,914)
Estimated Fund Balance 09/30/25 691,595
FYE 09/26 Budgeted Surplus/(Deficit) (315,250)

Estimated Fund Balance 09/30/26 376,345