Page 62 - CityofTrophyClubFY26Budget

FY 2025
TIRZ#1 Fund FY 2022 FY 2023 FY 2024 FY 2025 FY 2025 YEAR TO FY 2026 FY 2027
ACTUAL
AMENDED
APPROVED
ACTUAL
ACTUAL
DATE PROPOSED PROJECTED
Beginning Fund Balance $ (327,716) $ (266,168) $ (192,360) $ 15,295 $ 15,295 $ 15,295 $ 134,803 $ 280,205
Revenue
Property Tax $ - $ 6,648 $ 79,389 $ 61,272 $ 61,272 $ 38,065 $ 63,110 $ 65,003
Sales Tax - - 196,000 83,779 83,779 81,442 86,292 88,881

Miscellaneous Revenue 13,190 13,189 - - - - - -
Total Revenue $ 13,190 $ 19,837 $ 275,390 $ 145,051 $ 145,051 $ 119,507 $ 149,403 $ 153,885
Expenses
Professional Outside Services $ 1,000 $ 1,000 $ 1,000 $ 4,000 $ 4,000 $ - $ 4,000 $ 4,000

Incentive Programs 41,935 40,283 66,734 58,657 58,657 - - -
Total Expenditures $ 42,935 $ 41,283 $ 67,734 $ 62,657 $ 62,657 $ - $ 4,000 $ 4,000

Total Other Sources (Uses) $ - $ - $ - $ - $ - $ - $ - $ -
Other Sources (Uses)
Transfer In $ 91,293 $ 95,254 $ - $ - $ - $ - $ - $ -
Net Increase (Decrease) $ 61,548 $ 73,808 $ 207,655 $ 82,394 $ 82,394 $ 119,507 $ 145,403 $ 149,885
Ending Fund Balance $ (266,168) $ (192,360) $ 15,295 $ 97,689 $ 97,689 $ 134,803 $ 280,205 $ 430,090

FY26 Adopted Budget 54 9/9/25