FY 2025 BUDGET BOOK - Flipbook - Page 112
069 Library Capacity Expansion Trust Fund: $26,650 or 23.1% fund balance increase.
Interest revenue is budgeted to increase $1,250 or 83.3% and Library Impact Fees are budgeted to
increase by $5,000 of 12.5%. The anticipated increase in expenditures is $3,500 or 21.88% for books,
publications and subscriptions.
Proposed Budgeted Revenue by Fund
Figure 18 below illustrates the budgeted revenue distribution for the FY 2024/25 budget across all
funds. The largest share of the City’s revenue, constituting 39.30%, comes from the General Fund.
The Water & Sewer Revenue Fund accounts for the second- highest revenue source at 22.98%. The
third-ranking fund in terms of revenue is the Sales Tax Fund contributing 9.23% to the City’s total
funds. The Community Redevelopment Fund comprises 6.11% of budgeted revenue, while the Police
and Fire pension Funds make up 5.45% and 4.40%, respectively, of budgeted revenue. The
remaining 12.53% of budgeted revenue is distributed among Special Revenue Funds and Trust and
Agency Funds.
Figure 18:
Proposed Budgeted Revenue by Fund FY 2024/25 - $67,573,947
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