Page 73 - FY 2026-2027 Adopted Budget Book

Facilities Maintenance Fund

This internal service fund was established in FY 2024-2025 as a pay-as-you-go maintenance fund for City
facilities. This allows the accumulation of funds for larger maintenance efforts that cannot be absorbed in the
operating budget. Annual funding is provided through an operating transfer from the General Fund.

In FY 2025-2026, the fund received a one-time transfer from the interest income in the American Rescue Plan
Act (ARPA) Fund. Much of this funding has already been appropriated by the City Council for specific projects.
Projects utilizing the remaining fund will be included in the proposed budget for approval and appropriation.

Fund Summary

Ongoing revenues remain above ongoing expenditures, with a budgeted draw down of reserves for one-
time capital purchases.
Projected revenues total $80K, which represents a 5% increase over the prior year.
Budgeted expenditures, including one-time items, are projected to decrease by 80% to $137K in FY2027.

One-time expenditures include two projects utilizing ARPA Interest:
Library HVAC Replacement (2 units) - $55,160
Library Children's Floor Replacement - $41,085

Ongoing expenditures total $30K, a 0% increase over the prior year.
The fund balance remains above policy reserve levels and is in line with best practices.

$1,000K

$750K
Amount $500K Revenues

Expenditures
$250K

$0
FY 2024 Actuals FY 2025 Actuals FY 2026 Amended Budget FY 2026 Projection FY 2027 Proposed Budget
Fiscal Year
Data Updated: Sep 15, 2026, 9:54 PM View Report

CALCULATION
FY 2024 FY 2025 FY 2026 Amended FY 2026 FY 2027 Proposed
Actuals Actuals Budget Projection Budget % Change
Revenues
Interest Income $0 $0 $6,500 $11,145 $10,000 54%
Transfers $0 $259,220 $70,000 $977,490 $70,000 0%
REVENUES TOTAL $0 $259,220 $76,500 $988,635 $80,000 5%
Expenditures
Maintenance $0 $0 $37,135 $37,135 $30,000 -19%
Capital Outlay – – $647,067 $647,067 $107,245 -83%
EXPENDITURES TOTAL $0 $0 $684,202 $684,202 $137,245 -80%
Total Revenues less
Expenditures $0 $259,220 -$607,702 $304,433 -$57,245 –

FY 2026-2027 Adopted Budget Book · September 15, 2026 69