FY 2025 BUDGET BOOK - Flipbook - Page 109
Fund Balance Changes Between FY 2024/25 Projected and Proposed Budgets
Table 20 demonstrates the differences in fund balances between Projected and Proposed budgets
major and nonmajor funds in aggregate.
The total revenue decrease between FY 2024/25 is 2.59% and the total expense increase of 16.96%.
The total change in fund balance is $985,585 or .83% fund balance increase.
Personnel Services projected expenditures for all funds are increased by 5% COLA and $1,000 flat
pay to all existing full-time employees. Fringe benefits and pensions are increased as well.
Table 20:
Changes Between Proposed and Projected FY 2024/25
Estimated
Fund No.
001
006
010
011
012
013
014
020
049
040
041
042
059
060
061
062
063
064
065
066
068
069
Fund Name
General Fund
Library Contribution
Sales Tax Revenue
Law Enforcement Education
Police Forfeiture
Street Improvement
Community Redevelopment
Building Services
Stormwater Utility Revenue
Water & Sewer Revenue
Reclaimed Water Projects
Water & Sewer R&R
Fire Prevent. Capacity Exp. Trust
Greenwood Cemetery Trust
Police Pension
Fire Pension
Parks & Rec Capacity Exp. Trust
Law Enforce. Capacity Exp. Trust
Water Impact Trust
Sewer Impact Trust
Economic Development Trust
Library Capacity Exp. Trust
TOTAL
Beginning
FY 25
Revenue
FY24
Revenue
Change in
Change
Fund Balance
Proposed
Projected
Revenue
%
17,975,135
28,089
1,272,031
54,129
39,185
752,012
1,859,784
2,081,343
709,825
21,081,937
171,039
20,430,927
246,138
263,863
25,023,145
14,652,032
327,921
247,765
5,307,560
6,121,340
(17,744)
115,516
26,553,523
2,210
6,240,225
61,600
30,950
2,167,000
4,128,809
1,215,200
926,000
15,526,125
1,800
2,475,000
44,000
18,275
3,685,000
2,970,000
96,500
43,300
231,000
848,800
260,880
47,750
24,376,299
1,965
5,480,741
53,700
32,900
2,060,794
1,477,897
1,155,900
890,200
13,697,300
2,600
11,053,392
42,500
17,200
3,453,000
2,915,000
95,000
44,200
166,000
712,800
320,392
41,500
2,177,224
245
759,484
7,900
(1,950)
106,206
2,650,912
59,300
35,800
1,828,825
(800)
(8,578,392)
1,500
1,075
232,000
55,000
1,500
(900)
65,000
136,000
(59,512)
6,250
8.9%
12.5%
13.9%
14.7%
-5.9%
5.2%
179.4%
5.1%
4.0%
13.4%
-30.8%
-77.6%
3.5%
6.3%
6.7%
1.9%
1.6%
-2.0%
39.2%
19.1%
-18.6%
15.1%
118,742,971
67,573,947
68,091,280
(517,333)
-0.76%
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