FY 2025 BUDGET BOOK - Flipbook - Page 80
➢ Flat pay of $1,000 to every current full-time employee in FY 2024/25.
➢ Operating cost increase of 5% annually due to inflation, services and commodities
increase.
The table below is a summary of City of Eustis budget trends for the last five fiscal years.
City Financial Performance Analysis
Table 13:
City of Eustis Budget Trends
C it y
P e rf o rm a nc e
M e a s ure s
B e ginning F und
B a la nc e
F Y 2021
B udge t e d
F Y 2022
B udge t e d
C ha nge
%
f ro m
2021 to
F Y 2023
B udge t e d
C ha nge
%
f ro m
2022 to
F Y 2024
B udge t e d
C ha nge
%
f ro m
2023 to
F Y 2025
B udge t e d
C ha nge
%
f ro m
2024 to
58,745,652
60,872,749
3.6%
84,650,574
39.1%
103,705,339
22.5%
118,742,971
14.50%
18,016,178
19,630,625
9.0%
21,480,241
9.4%
24,318,859
13.2%
26,553,523
9.19%
2,160,614
-1.7%
5,480,741
153.7%
6,240,225
13.86%
R e v e nue
General Fund
Capital P ro jects
Fund
Special Revenue
Funds
1,633,000
2,198,000
34.6%
4,346,528
4,340,922
-0.1%
6,001,371
38.3%
5,711,356
-4.8%
8,531,769
49.38%
Enterprise Funds
14,858,975
16,611,455
11.8%
20,440,313
23.0%
23,672,842
15.8%
18,002,925
-23.95%
4,560,419
4,357,122
-4.5%
8,173,912
87.6%
7,864,842
-3.8%
8,245,505
4.84%
4 3 ,4 15 ,10 0
4 7 ,13 8 ,12 4
8 .6 %
5 8 ,2 5 6 ,4 5 1
2 3 .6 %
6 7 ,0 4 8 ,6 4 0
15 .1%
6 7 ,5 7 3 ,9 4 7
0 .7 8 %
17,836,329
19,379,113
8.6%
21,271,009
9.8%
23,886,911
12.3%
27,148,773
13.66%
Trust & A gency
Funds
T o t a l R e v e nue
E xpe ns e s
General Fund
Capital P ro jects
Fund
Special Revenue
Funds
1,504,606
2,242,991
49.1%
2,594,278
15.7%
6,043,046
132.9%
6,492,300
7.43%
4,036,354
3,994,941
-1.0%
4,796,492
20.1%
6,271,176
30.7%
8,717,276
39.01%
Enterprise Funds
15,937,045
18,006,604
13.0%
21,583,134
19.9%
29,983,814
38.9%
18,804,328
-37.29%
2,531,450
2,758,082
9.0%
3,136,963
13.7%
5,717,282
82.3%
5,425,685
-5.10%
4 1,8 4 5 ,7 8 4
4 6 ,3 8 1,7 3 2
10 .8 %
5 3 ,3 8 1,8 7 6
15 .1%
7 1,9 0 2 ,2 2 9
3 4 .7 %
6 6 ,5 8 8 ,3 6 2
- 7 .3 9 %
Trust & A gency
Funds
T o tal
E xpe ns e s
E s t im a t e d
E nding F und
B a la nc e
60,314,968
61,629,141
89,525,149
98,851,750
119,728,556
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