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City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026 Table of Contents
Department Budget Summary
The FY 2025-2026 Mansfield Park Facilities Development Corporation (MPFDC) budget totals $11,789,613,
an 11.64% increase from the prior year. This growth reflects continued investment in capital
improvements, facility operations, and long-term commitments associated with MPFDC-funded park
amenities. MPFDC remains a key driver of community recreation and quality-of-life enhancements,
providing ongoing resources to maintain and develop public park facilities that serve residents and
visitors.
Transfers were increased in FY 2025-2026 to more accurately account for the MPFDC's share of overhead
allocation to the General Fund, and to the Risk Management fund for vehicle, equipment, and property
liability insurance. The reserve account represents the difference between revenue and planned
expenditures in FY 2025-2026 and results from an anticipated increase in sales tax. Reserve funds are
added to the cash balance and are used to help fund park projects.
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