February 6, 2024
FOURTH QUARTER FISCAL YEAR
2023 BUDGET REVIEW
General Fund Revenues
2 |
Revenue Source
FY23
Adjusted
Budget
FY23
Actuals Variance
Sales & Use Tax $ 23,905,000 $ 22,979,943 $ (925,057)
District Transactions & Use Tax 14,951,000 15,470,285 519,285 Property Tax 2,497,353 2,565,499 68,146
Property Tax in Lieu of VLF 8,223,000 8,265,143 42,143
Other Revenues 15,871,750 20,176,931 4,305,181
Transfers In 2,005,500 2,005,500 -
Total $ 67,453,603 $ 71,463,301 $ 4,009,698
General Fund Expenditures
3 |
Expenditure Type
FY23 Adjusted
Budget FY23 Actuals Variance
Personnel Services $ 44,839,890 $ 44,595,219 $244,671
Maintenance & Operations 10,279,441 8,076,736 2,202,706 Capital Outlay 338,743 330,406 8,337
Capital Improvement Projects 7,667,649 2,396,265 5,271,384 Internal Service Charges 8,506,822 8,381,822 125,000
Transfers Out 2,561,032 2,561,032 -
Total $ 74,193,578 $ 66,341,479 $7,852,098
Components of Fund Balance
4 |
Budget Adjustment Ratification Request
5 |
Questions