Adopted Budget Book FY 23-24 Final with TOC links - Flipbook - Page 96
Budget-In-Brief → buDgeT oVerView
The Fiscal Year October 1, 2023 - September 30, 2024 Budget
Budget Overview
The City of Eustis Budget serves as much more than just a financial plan. It also meets four essential
purposes:
Policy Document
The Adopted Budget informs the reader about the City of Eustis and its policies that guide the prioritization of the spending of resources. The City Manager’s Budget Message provides a condensed
analysis of the Adopted Budget, highlighting the central issues in developing the budget as well
as establishing the theme for the Fiscal Year. The Adopted Budget includes the organization-wide
financial and programmatic policies and goals that address long-term financial issues, as well as
short-term operational policies that direct the development of the annual budget. The Adopted
Budget provides information about the services the City will provide for the fiscal year beginning October 1, 2023, and extending to September 30, 2024. The City of Eustis has introduced a
well-structured process focused at systematically evaluating the entire spectrum of its municipal
policies. This careful assessment is carried out under guidance of the City’s management team, who
play a crucial role in ensuring that these policies not only maintain their current relevance but also
align them with the ever-evolving mandates and regulations that govern them.
Financial Plan
The Adopted Budget demonstrates the financial plan of the City, detailing the costs associated with
providing municipal services and how the services will be funded. The Budget Summaries provide
the reader with an at-a-glance view of all appropriated funds’ revenue sources and expenditures/
expenses by program, object category, and fund. The Adopted Budget explains the underlying
assumptions for revenue estimates and analyzes significant revenue trends. In addition, projected
beginning and ending fund balances are shown for the fiscal year, demonstrating the anticipated
changes in fund balances from one year to the next.
Operations Guide
The Adopted Budget provides detailed information on how the City and departments are organized.
Within the departmental sections, the reader is provided information about the activities, services,
and functions that are carried out by each department in support of the overall City Commission
goals and objectives. Included is also an organization chart, authorized positions, budget highlights,
and budgetary appropriation.
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City of Eustis, Florida
Adopted Budget
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