Adopted Budget Book FY 23-24 Final with TOC links - Flipbook - Page 135
Budget-In-Brief → ProPoseD buDgeT by funD
Figure 19:
The pie chart below illustrates the anticipated expense distribution for the FY 2023-24 budget across
various funds. Notably, the largest share of the City’s expenditure, constituting 33.22%, originates in
the General Fund. Following closely, the Water & Sewer Replacement and Renewal Fund’s projects,
for the second-highest revenue source at 21.88%. The third-ranking fund in terms of expenditures
is contributed by the Water & Sewer Fund projects 19.82% of the City’s total funds. The remaining
14.32% of the City expenses is distributed among Special Revenue Funds and Trust and Agency
Funds.
Following is the Five-Year City Budgeted Revenue and Expense trends chart.
Revenue Trends: The revenue trend line illustrates the city’s income from various sources, such as
taxes (property, sales, income), fees (permits, licenses, fines), grants, and any other inflow of funds.
It allows city officials, stakeholders, and residents to track how revenue has evolved over time.
Expense Trends: The expense trend line represents the city’s expenditures, including operational
costs, salaries, debt service, infrastructure investments, and other spending categories. It provides
insights into how the city allocates its resources.
The city revenue and expense trend line chart serves as a valuable tool for monitoring and analyzing
the City’s financial health, performance, and sustainability. It aids in informed decision-making,
budget planning, and the effective allocation of resources to support the community’s needs and
priorities.
Proposed Budget Estimated Expenditures by Fund FY 2023-24 - $71,902,229
Sewer Impact Trust Fund: 691,337 0.96%
Libr. Capac. Exp. Trust Fund: 17,600 0.02%
Econ. Devel. Trust Fund: 481,780 0.67%
Law Enforc. Trust Fund: 201,065 0.28%
Police Pension Fund: 1,900,000 2.64%
Fire Pension Fund: 1,250,000 1.74%
Cemetery Trust Fund: 43,000 0.06%
Parks & Rec Trust Fund: 3,100 0.00%
Water & Sewer R&R: 15,734,463 21.88%
Comm. Redev. Fund: 1,610,967 2.24%
Back to TOC
General Fund: 23,886,911 33.22%
Library Contrib. Fund: 8,200 0.01%
Sales Tax Fund: 6,043,046 8.40%
Street Improvement Fund: 2,783,020 3.87%
Police Forfeiture Fund: 13,900 0.02%
Law Enforc. Educat. Fund: 73,000 0.10%
Building Services Fund: 787,596 1.10%
Stormwater Utility Fund: 994,493 1.38%
Water & Sewer Fund: 14,249,351 19.82%
General Fund
Street Improvement Fund
Building Services Fund
Water & Sewer Fund
Parks & Rec Trust Fund
Police Pension Fund
Libr. Capac. Exp. Trust Fund
Water Imp. Trust Fund: 1,128,000 1.57%
Library Contrib. Fund
Police Forfeiture Fund
Stormwater Utility Fund
Water & Sewer R&R
Cemetery Trust Fund
Law Enforc. Trust Fund
Sewer Impact Trust Fund
Sales Tax Fund
Law Enforc. Educat. Fund
Comm. Redev. Fund
Fire Prev. Trust Fund
Fire Pension Fund
Econ. Devel. Trust Fund
Water Imp. Trust Fund
City of Eustis, Florida
Adopted Budget
133
