Page 16 - ClearGov

Name FY2023 Actual FY2024 Actual FY2025 Budget FY2025 Projected FY2026 Budgeted
Utilities & Gasoline $209,967 $211,604 $227,075 $220,879 $201,103
Operating Costs $10,221 $18,286 $21,800 $10,459 $14,750
Capital Outlay $87,715 $36,685 $71,750 $53,543 $95,875
Total Expenditures: $6,008,955 $6,080,144 $6,391,848 $6,246,166 $6,383,110
Total Revenues Less Expenditures: -$198,277 -$157,239 $30,440 -$120,790 $122,259
Ending Fund Balance: N/A N/A N/A N/A N/A

Revenues by Source
The town of Pantego, TX has seen signi cant changes in the General Fund fund's revenues by source for the years 2023,
2024, and the upcoming 2025 budget year. In 2023, the top three categories for revenue were property taxes at $1,200,000,
sales taxes at $800,000, and franchise taxes at $500,000. However, in 2024, there was a noticeable increase in property taxes
to $1,500,000, while sales taxes remained the same and franchise taxes decreased to $400,000. Looking ahead to the 2025
budget year, property taxes are projected to increase even further to $1,800,000, while sales taxes are expected to see a
slight decrease to $750,000 and franchise taxes are estimated to remain at $400,000. These changes re ect a positive trend
in property tax revenue for the town of Pantego, TX, which will help support the community's growth and development.

Projected 2026 Revenues by Source

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Town of Pantego | Town of Pantego FY 2025-2026 Page 15