Page 3 - CityofRichlandHillsFY26AdoptedBudget

FY 2026 TO FY 2026 TO
GENERAL FUND REVENUES FY 2023 FY 2024 FY 2025 FY 2026 FY 2025 FY 2025
SUMMARY ACTUAL ACTUAL ADOPTED ADOPTED $ CHANGE % CHANGE

PROPERTY TAXES $ 3,164,771 $ 3,172,791 $ 3,244,236 $ 3,717,203 $ 472,967 14.6%
SALES TAXES 4,898,591 5,130,114 5,430,000 4,900,000 $ (530,000) -9.8%

LIQUOR TAXES 2,408 2,632 2,500 2,500 $ - 0.0%

FRANCHISE FEES 604,469 574,272 548,800 562,000 $ 13,200 2.4%

FINES & FORFEITURES 401,444 545,297 464,100 528,900 $ 64,800 14.0%

LICENSES & PERMITS 264,742 286,296 272,625 247,625 $ (25,000) -9.2%
CHARGES FOR SERVICES 341,993 200,588 198,850 43,850 $ (155,000) -77.9%

MISCELLANEOUS REVENUES 544,432 659,508 501,827 528,609 $ 26,782 5.3%

TOTAL REVENUES $ 10,222,850 $ 10,571,498 $ 10,662,938 $ 10,530,687 $ (132,251) -1.2%

FY 2026 TO FY 2026 TO
GENERAL FUND EXPENDITURES FY 2023 FY 2024 FY 2025 FY 2026 FY 2025 FY 2025
SUMMARY ACTUAL ACTUAL ADOPTED ADOPTED $ CHANGE % CHANGE

MUNICIPAL COURT $ 296,912 $ 287,695 $ 217,832 $ 210,921 $ (6,911) -3.2%
ADMINISTRATION 720,169 716,863 717,955 661,765 (56,190) -7.8%
POLICE 2,213,856 2,282,840 2,650,274 2,719,289 69,015 2.6%
FIRE 2,445,022 2,554,546 2,810,592 2,519,577 (291,015) -10.4%
STREETS 241,061 235,366 351,196 363,038 11,842 3.4%
LIBRARY 394,470 452,862 479,891 481,566 1,675 0.3%
RECREATION 290,642 289,039 290,852 286,281 (4,571) -1.6%
PARKS & GROUNDS 239,370 293,443 329,196 306,539 (22,657) -6.9%
COMMUNITY DEVELOPMENT 558,289 545,492 442,897 433,010 (9,887) -2.2%
COMMUNITY COMPLIANCE 268,515 325,582 437,833 474,294 36,461 8.3%
LEGISLATIVE (CITY SECRETARY) 144,919 165,533 155,910 149,177 (6,733) -4.3%
SHARED SERVICES 999,346 948,644 1,029,103 1,008,262 (20,841) -2.0%

TOTAL EXPENDITURES $ 8,812,571 $ 9,097,905 $ 9,913,531 $ 9,613,719 $ (299,812) -3.0%

Transfers Out/Non Departmental $ 2,894,726 $ 536,398 $ 630,407 $ 557,907 $ (72,500) -11.5%

TOTAL EXPENDITURES AND TRANSFERS $ 11,707,297 $ 9,634,303 $ 10,543,938 $ 10,171,626 $ (372,312)
DIFF REVENUES VS EXPEND/TFERS $ (1,484,447) $ 937,195 $ 119,000 $ 359,061

Transfer to Strat Initiative (USE OF Fund Balance) $ - $ (256,260) $ (812,700) $ (1,028,998)
TOTAL GENERAL FUND BUDGET $ 9,890,563 $ 11,356,638 $ 11,200,624

BEGINNING FUND BALANCE $ 5,553,282 $ 4,068,835 $ 4,749,770 $ 4,056,070

ENDING FUND BALANCE $ 4,068,835 $ 4,749,770 $ 4,056,070 $ 3,386,133

90 DAYS RESERVE AMOUNT $ 2,886,731 $ 2,375,582 $ 2,599,875 $ 2,508,072
AMOUNT OVER/(UNDER) RESERVE REQUIREMENTS $ 1,182,104 $ 2,374,188 $ 1,456,195 $ 878,061