1 General Fund and All Other
Funds
Proposed Budget
Budget Workshop
May 27, 2025
CITY OF PATTERSON
FY 2025-26
Budget Presentation Outline
2 GENERAL FUND
General Fund Budget FY 2025-26 Assumptions
General Fund FY 2024-25
General Fund Budget FY 2025-26
New Requests for FY 2025-26
OTHER FUNDS – CIP and ENTERPRISE
Capital Improvement Program (CIP)
Carryover List for FY 2025-26
Enterprise Fund Budgets FY 2024-25
Enterprise Fund Budgets FY 2025-26
CITY-WIDE BUDGET
FY 2025-26
Budget Process
3 Revenue
Projections
Expenditure
Projections
Budget Draft
Review
BUDGET
WORKSHOPS
Proposed
Budget
Budget Terminology
Revenue Types
Ø Discretionary – available for use at the discretion of the City Council Sales Tax, Property Tax, Transient Occupancy Tax, Franchise Fees and Business License Fees
Ø Non-Discretionary – earmarked for a specific purpose – not at the discretion of the City Council
Grant funds, Gas Tax funds, Assessments for LMD’s and BAD’s, Utility Revenues
4 Budget Terminology
(continued)
Expenditure Types
Ø Personnel – wages and benefits of FT and PT personnel.
Ø Maintenance & Operations – all other costs not related to personnel services.
E.g.: utilities, contracted services, vehicle maintenance, postage, telephones.
Ø Vehicle, Equipment, Improvements – costs related to special items or projects.
E.g.: purchase of vehicle or forklift, major structural improvements.
Fund Balance/ Working Capital (for Enterprise Funds)
Fund’s excess resources.
Ø Committed & Assigned – specific to a certain expenditure.
E.g.: Pension liability, debt service.
Ø Unassigned – available for use at the discretion of the City Council.
Ø Working Capital – Is the amount available to spend in the current fiscal year. It is calculated by taking current assets and subtracting current liabilities. 5 Budget Assumptions
REVENUE
Ø Available estimates for Property and Sales Taxes
Ø Removed one-time funding
Ø Included increases in anticipated fees, service charges, assessments, and permits Ø Increase in additional services to be provided
Ø Removed previously awarded grants
EXPENSE
Ø Salaries: Known changes in Personnel Benefits (e.g pension, health, insurance) + major events (e.g.: retirements during FY) based on MOU’s
Ø Maintenance & Operations: Applied known costs changes + anticipated growth in costs Ø Projects: Removed one-time projects completed and added new projects or project carry over estimates (Still in Process)
Ø Debt Service: Included payments based on debt payment schedules. 6 PROPOSED BUDGET
2025-26
GENERAL FUND
7 General Fund Budget
Major Revenue Assumptions
Sales Tax is projected to increase by 2.2% from amended Budget FY 2024-25 due to an increase in overall business activities.
Property Tax is projected to increase by 8.1% due to an increase in residential and commercial properties in
Patterson.
8 General Fund
Budget
Major Revenue
Sources
9 General Fund (100) Budget
Major Revenue Trends
10 $8,141,486 $8,371,449 8,339,949
$9,012,229
14,549,483
12,319,058 12,249,058 12,524,009
$-
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
$16,000,000
FY 2023-24 Audited FY 2024-25 Adopted Budget FY 2024-25 Adjusted Budget FY 2025-26 Requested Property Tax Sales
General Fund Budget
Major Expenditures Assumptions
Ø Incorporates other provisions of current MOU agreements Ø Worked to maintain expenditure levels consistent with prior years.
Ø Part-Time staff wage increase due to State minimum wage increase
11 General Fund
Budget
Major
Expenditure
Categories
12 General Fund
Review
Fiscal Year 2025-26
General Fund
Funds 100, 101,102, 103, 105, 111
Audited Adopted Adjusted Requested
Fiscal Year Fiscal Year Fiscal Year Fiscal Year
2023-24 2024-25 2024-25 2025-26
Revenues
Taxes
Property (including MVILF) $ 8,141,486 $ 8,371,449 $ 8,339,949 $ 9,012,229 Sales 14,549,483 12,319,058 12,249,058 12,319,058
Franchise Fees 241,771 255,000 255,000 255,000
Other 271,762 286,451 476,290 769,231
Licenses & Permits 1,838,710 1,254,682 1,796,133 2,917,571 Charges for services 1,229,790 383,170 764,405 411,555
Intergovernmental 1,660,838 1,987,672 1,287,883 1,282,813 Fines & Forfeitures 236,381 96,000 96,000 96,000
Use of money and Property 775,210 744,577 744,577 700,334 Miscellaneous 817,352 158,600 1,063,574 148,500
Total Revenues $ 29,762,783 $ 25,856,659 $ 27,072,868 $ 27,912,290 Expenditures
Salaries and Benefits (13,568,482) (15,593,222) (16,137,123) (17,474,399) Operations and Maintenance (12,726,185) (14,275,983) (17,078,552) (14,001,225) Capital Outlay (3,656,635) (644,389) (2,770,580) (1,894,274) Debt Service (401,419) (453,792) (453,792) (453,972)
Total Expenditures $ (30,352,721) $ (30,967,386) $ (36,440,047) $ (33,823,870) Revenues Over (Under) Exp (589,938) (5,110,727) (9,367,179) (5,911,579) Inception of Lease Liability 2,935,946
Transfers In 3,837,525 15,263,314 14,608,514 7,273,180
Transfers Out (80,003) (17,615,352) (17,203,423) (1,919,409) Net Change 6,103,530 (7,462,765) (11,962,088) (557,808) Beginning Balance 24,266,693 9,211,604 9,211,604 2,518,503 Non-spendable Balance (15,055,089) (232,296) 5,268,987 (1,109,779) Available Ending Balance $ 9,211,604 $ 1,516,543 $ 2,518,503 $ 850,916 14 FY 2025-26 General Fund Expenditure Budget by Department 3,683,209
380,000
557,917
1,396,567
914,026
1,307,664
1,228,862
330,539
8,638,493
8,108,469
1,012,591
420,227
490,545
410,514
719,337
763,472
167,270
439,051
628,082
1,696,860
2,636,614
1,279,473
660,881
CITY WIDE EXPENDITURE BUDGET BY DEPARTMENT/ACTIVITY,GENERAL FUND & FUND 190 FY 25/26 REQUESTED
General Fund Budget FY 2025-26
City Reserve Level
15 CITY OF PATTERSON
FY 2025-26 BUDGET
GENERAL FUND RESERVE ANALYSIS
After Allocation Plan
Actual Adjusted Budget Proposed Proposed
Description 2023-24 2024-25 2025-26 2025-26
TOTAL EXPENSES - FUND 100 25,855,731 30,349,402 31,434,480 31,434,480 Operating Reserve Requirement - 42% of Expenditures = 5 months of operating expenses 10,773,221 12,746,749 13,097,700 13,097,700 Actual Emergency Contingency - Committed Fund Balance - Fund 100 & Fund 101 10,759,106 13,549,823 13,097,700 13,097,700 Unassigned Fund Balance - Fund 100 5,184,572 7,096,462 2,518,502 2,518,502 Reduced for Additional Deficit in Fund 190 - - - -
Reclassification of Assigned Fund Balance from FY 22/23 & FY 23/24 - 13,663,604 - - Adjusted for Excess General Fund Balance FY 23/24 Adjusted & 24/25 - (18,241,564) (1,667,586) (1,667,586) Total Adjusted Unassigned Fund Balance - Fund 100 FY 24/25 5,184,572 2,518,502 850,916 850,916 Total Fund Balance Available (Emergency Contingency plus Adjusted Unassigned Fund Balance) 15,943,678 16,068,325 13,948,616 13,948,616 Total Fund Balance Available as a Percentage of Reserve Requirement 148.0% 126.1% 106.5% 106.5% Total Fund Balance Available as an amount over the Reserve Requirement 5,170,457 3,321,576 850,916 850,916 Excess General Fund Reserve allocation Plan
Pension - prefunding 0
OPEB - prefunding 0
Total allocation plan 0
CFD 2003-1
Fund Review
CFD 2003-1 Public Safety
Fund 190
Audited Adopted Adjusted Proposed
Fiscal Year Budget Budget Fiscal Year
2023-24 2024-25 2024-25 2025-26
Revenues
Charges for Services $ 1,448,114 $ 1,346,155 $ 1,346,155 $ 1,600,000 Other Revenues 3,000 47,000 52,495 47,000
Total Revenues 1,451,114 1,393,155 1,398,650 1,647,000
Expenditures $ (2,452,830) $ (3,718,424) $ (3,600,339) $ (3,403,262) Operating Balance (1,001,716) (2,325,268) (2,201,689) (1,756,262) Capital Outlay (769,442) (351,400) (381,403) (54,800)
Transfers In 1,245,000 8,171,508 7,595,865 2,306,216
Transfers Out - (660,000) (660,000) (588,730)
Net Change (526,158) 4,834,840 4,352,773 (93,576)
Beginning Balance (3,733,039) (4,259,197) (4,259,197) 93,576 Non-spendable Balance - (575,643) -
Ending Available Balance $ (4,259,197) $ (0) $ 93,576 $ 0
CAPITAL IMPROVEMENT PROGRAM
17 18
Capital
Improvement
Program (CIP)
Funds
FY 2025-26
Overview
Ø Projections of user fees in the Water and Sewer funds based on current approved user rates.
Ø Projection of Impact Fee revenues based on current fees and development projections
Ø Calculation of the interest on project and account balances where appropriate
Ø Ongoing Federal and State grants or loans
Ø Various Bond Proceeds remaining balance
To determine the funds available for Capital Projects in the FY 2025-26 Capital budget, staff considered the following:
Budget FY 2025-26 Major CIP Projects
PROJECTS ARE CARRIED OVER FROM THE PREVIOUSLY APPROVED CIP BUDGE TS FROM FY 24 - 25 WITH COMPLETION DATE IN FY 25 - 26 OR BEYOND
19 20
General Fund - Fund 100 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-
26 Total Project
Appropriations
Facility Design Concept General Fund O&M Design 55,783.18 - 55,783.18 South Park Improvements
Per Capita Grant
General Fund Design/Construction 308,248.82 - 308,248.82 Public Safety Center CFD 2001-1 Bond Funds Construction - 1,696,860.00 1,696,860.00 Downtown Circle Lighting General Fund Design/Construction 350,000.00 - 350,000.00 Centennial Park
Park Impact
Fees/Grants/General
Fund Design/Construction 535,172.00 - 535,172.00
Grand Total 1,249,204.00 1,696,860.00 2,946,064.00
Street Fund - Fund 327 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-
26 Total Project
Appropriations
Engineering Services Street (327) Design 24,958.71 - 24,958.71 Street Improvements Expense Street (327) Design/Contruction 525,000.00 - 525,000.00 I-5 Interchange PS&E Ph2 -
Design
Street Impact (412)
Gas Tax (312)
Measure L (329)
Design &
Construction 29,779.50 - 29,779.50
Rogers Road Bridge
HBP Grant (327)
LTF (326) Design 648,841.06 - 648,841.06
Salado Creek Bike Trail
Urban Green Grant
LTF (326)
CMAQ Trade Funds
Gas Tax Unallocated Construction 2,567,676.71 - 2,567,676.71 Slurry Seal Project Street (327) Design/Construction 99,604.00 - 99,604.00 Ward Ave Overlay Design
Measure L
STBGP
Measure L for SB 1 Design/Const 143,791.88 - 143,791.88 Solyo Walking Path Street (326) Planning/Design 29,888.00 - 29,888.00 9th St Improvements Measure L (329)
Design &
Construction 52,876.60 1,202,490.00 1,255,366.60
Mini Roundabout Ward &
Salado Street (327) Design 150,000.00 - 150,000.00
American Eagly Overlay Street (327) Design 195,562.00 - 195,562.00 Grand Total 4,467,978.46 1,202,490.00 5,670,468.46
21 Measure L Fund - Fund 329 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-
26 Total Project
Appropriations
Street Maintenance Projects Measure L (329) Design 15,711.70 - 15,711.70 Bike/Pedestrian Projects (5%) Measure L (329) Design 112,082.00 - 112,082.00 Pedestrian Safety Controlled
Crosswalk (Sunset & Hartley,
Somerset & Hartley)
Measure L Local Funds
Measure L Community
Connections Grant Design/Const 630,554.40 - 630,554.40
Ped Controlled Crosswalk -
Design Street (329) Design/Construction 1,067,641.55 - 1,067,641.55 I-5 Interchange PA&ED Project Measure L (329) Design 180,056.88 - 180,056.88 Mini Roundabout Ward &
Salado Measure L (329) Design 49,485.00 - 49,485.00
Grand Total 2,055,531.53 - 2,055,531.53
Corp Yard Impact Fee - Fund
404 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-
26 Total Project
Appropriations
Corp Yard Building Expansion Impact Fee (404)
Land acquisition &
Construction 268,258.95 - 268,258.95
Grand Total 268,258.95 - 268,258.95
Storm Drain Impact Fee - Fund
415 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-
26 Total Project
Appropriations
Black Gulch Repairs Diversion
Pipes Impact Fee (415) Design 11,964.02 - 11,964.02
Trash Capture Amendments Impact Fee (415) Design/Planning 8,495.75 - 8,495.75 Grand Total 20,459.77 - 20,459.77
22 Garbage - Fund 600 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-26
Total Project
Appropriations
Green Waste Diversion Program Garbage Rates Construction - 100,000.00 100,000.00 Grand Total - 100,000.00 100,000.00
Sewer - Fund 606 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-26
Total Project
Appropriations
WQCF Expansion Phase III
CFD 2005-1 Bonds
CFD 2021 Bonds Design/Const 33,300,000.00 - 33,300,000.00 Ward Avenue Sewer Lift Station Sewer O&M
Design &
Construction 937.00 - 937.00
Grand Total 33,300,937.00 - 33,300,937.00
Water - Fund 611 Funding Source Phase
Estimated Carryover Budget
to FY 25-26
Additional
Appropriations FY 25-26
Total Project
Appropriations
Pipe Replacement - Water System
(El Circulo Area) WM-6A Water Rates Design 2,773.00 - 2,773.00 Well #14 Site Improvements WL-2 Water Bonds 2019
Design &
Construction 2,597,859.00 - 2,597,859.00
Non-Potable Phase 1 (Las Palmas
Water Line Install) NP-1A
Measure L
Water Bonds Construction 225,000.00 - 225,000.00
Well #8 Storage Tank Interior
Rehab/Re-Coat WT-2 (O&M Rates) Design/Const 1,189,800.00 - 1,189,800.00 Grand Total 4,015,432.00 - 4,015,432.00
New Requests
23 24
Funding Department Account Description New Request Description Amount General Fund Fire Community Risk Reduction Inflatable Safety House 7,000.00 Public Works General Contract Services
Generator Maintenance Service (HOLT) - must be done annually for all backup generators to work during emergencies. Gateway, City Hall, WQCF, Wellsites, potable generator, Fire Station 52/51 (Fund 190) - $3K Budget per location.
15,000.00
Public Works General Contract Services Solar Panel Repairs (Engie Contractor) 960.00 Public Works General Contract Services Solar Panel Repairs (Engie Contractor) - Unexpected Repairs 1,600.00 Public Works General Contract Services ZEV (Electric) Master Plan Study 27,500.00 Administration IT - Services
Cybersecurity - Mobile device policy enforcement (annual), CIS Services MDR Mobile powered by
CrowdStrike
4,799.67
Public Works Machinery & Equipment Expense Mowing Attachment 12,600.00 Public Works Machinery & Equipment Expense Tractor to pull Mower (Mowing Department) 3,675.00 Fire Medical Services Pre-Cancer Screening 23,000.00
Public Works Streetlight Maintenance Replacement for Street Lights (Stock) 5,000.00 Administration Salaries & Wages, Part-Time City Clerk's Office related tasks 21,623.19 Public Works Salaries & Wages, Full-Time
Reclassify PT Maintenance Worker to Full Time Maintenance Worker for Working in CFD2013-1 and CFD 2018-02 118,000.00
Public Works Transfers In CFD2013-1/Maint
Reclassify PT Maintenance Worker to Full Time Maintenance Worker for Working in CFD2013-1 and CFD 2018-02 (59,000.00)
Public Works From CFD 2018-2 Maintenance
Reclassify PT Maintenance Worker to Full Time Maintenance Worker for Working in CFD2013-1 and CFD 2018-02 (59,000.00)
General Fund Total 122,757.86
LMDs Public Works Vehicle Mowing Attachment 37,200.00
Public Works Vehicle Tractor to pull Mower (Mowing Department) 10,850.00 LMDs Total 48,050.00
BADs Public Works Streetlight Maintenance Decorative street light replacement - Stock 8,000.00 Public Works Walker Ranch/Creekside - BAD
Replacement Stormwater Pumps for Cliffswallow and Buckskin. 10 Hp replacement for Cliff Swallow and Buckskin lift station in the Walker Ranch
35,000.00
BADs Total 43,000.00
CFD 2013-1 Public Works General Contract Services
Communication Towers - WQCF Facility & Rogers Road Lift Station (2) 10,000.00 Public Works Transfers to General fund Reclassify PT Maintenance Worker to Full Time Maintenance Worker for Working in CFD2013-1 and CFD 2018-02 59,000.00
CFD 2013-1 Totals 69,000.00
25 Funding Department Account Description New Request Description Amount CFD 2018-02 Public Works Machinery & Equipment Expense Mowing Attachment 10,200.00 Public Works Machinery & Equipment Expense Tractor to pull Mower (Mowing Department) 2,975.00 Public Works Transfer to General Fund Reclassify PT Maintenance Worker to Full Time Maintenance Worker for Working in CFD2013-1 and CFD 2018-02 59,000.00
CFD 2018-02 Totals 72,175.00
CFD 2003-1 Administration IT - Services
Cybersecurity - Mobile device policy enforcement (annual), CIS Services MDR Mobile powered by
CrowdStrike
105.04
CFD 2003-1 Totals 105.04
Garbage Public Works General Contract Services Solar Panel Repairs (Engie Contractor) 1,680.00 Public Works General Contract Services Solar Panel Repairs (Engie Contractor) - Unexpected Repairs 2,800.00 Public Works General Contract Services ZEV (Electric) Master Plan Study 27,500.00 Administration IT - Services
Cybersecurity - Mobile device policy enforcement (annual), CIS Services MDR Mobile powered by
CrowdStrike
201.98
Public Works Vehicle Replacement Vehicle (Bolt), per Air District Grant Requirements 25,000.00 Garbage Totals 57,181.98
Sewer Public Works Computer Equipment PLC for the well sites & WQCF (Cross-over). 10,000.00 Public Works Computer Equipment
Scada Development for Storm system. Repairs and replacement of automated gate valves panel updating intergeration to new SCADA ignition system
7,500.00
Public Works General Contract Services
Generator Maintenance Service (HOLT) - must be done annually for all backup generators to work during emergencies. Gateway, City Hall, WQCF, Wellsites, potable generator, Fire Station 52/51 (Fund 190) - $3K Budget per location.
11,000.00
Public Works General Contract Services Solar Panel Repairs (Engie Contractor) 1,680.00 Public Works General Contract Services Solar Panel Repairs (Engie Contractor) - Unexpected Repairs 2,800.00 Public Works General Contract Services ZEV (Electric) Master Plan Study 27,500.00 Administration IT - Services
Cybersecurity - Mobile device policy enforcement (annual), CIS Services MDR Mobile powered by
CrowdStrike
492.02
Public Works Vehicle Replace Truck #34 30,000.00
Public Works Vehicle Utility Truck for Electrical Technician 37,500.00 Sewer Totals 128,472.02
26 Funding Department Account Description New Request Description Amount Water Public Works Computer Equipment New SCADA Development switching over from wonder ware ignition this line item will help cover cost associated with switch over. 15,000.00
Public Works Computer Equipment PLC for the well sites & WQCF (Cross-over). 10,000.00 Public Works Computer Equipment
Scada Development for Storm system. Repairs and replacement of automated gate valves panel updating intergeration to new SCADA ignition system
7,500.00
Administration General Contract Services
Generator Maintenance Service (HOLT) - must be done annually for all backup generators to work during emergencies. Gateway, City Hall, WQCF, Wellsites, potable generator, Fire Station 52/51 (Fund 190) - $3K Budget per location.
34,000.00
Public Works General Contract Services Solar Panel Repairs (Engie Contractor) 1,680.00 Public Works General Contract Services Solar Panel Repairs (Engie Contractor) - Unexpected Repairs 2,800.00 Public Works General Contract Services ZEV (Electric) Master Plan Study 27,500.00 Public Works Improvements Expense Floragold Non-Potable Well Improvements 26,000.00 Administration IT - Services
Cybersecurity - Mobile device policy enforcement (annual), CIS Services MDR Mobile powered by
CrowdStrike
449.29
Public Works Machinery & Equipment Expense Replace Backhoe #19 24,000.00 Public Works Vehicle Replace Truck #34 30,000.00
Public Works Vehicle New vehicle for new position 37,500.00 Public Works Vehicle Utility Truck #6 Replacement for Water Division 75,000.00 Water Totals 291,429.29
Grand Total 832,171.19
ENTERPRISE FUNDS
27 Budget FY 2025-26 Enterprise Funds
28 Ø Garbage services in the amount of $5 million. Revenues based on assumption that new rates will pass and
become effective July 1
st
.
Ø Water services in the amount of $8.1 million that
includes a water rate increase of 2%.
Ø Sewer services in the amount of $6.5 million. Trend
continue to increase due to rate increase of 6%.
29 Budget FY 2025-26
Enterprise Funds Expenditures
NEED TO MAINTAIN DEBT SERVICE
COVERAGE (WATER & SEWER)
CAPITAL PROJECTS TO REPLACE AGING
INFRASTRUCTURES AND NEW
INFRASTRUCTURES (WATER & SEWER)
FUTURE INCREASES TO SALARY AND
BENEFITS COST (ALL FUNDS)
Enterprise
Funds Review -
Garbage
30 Fiscal Year 2025-26
Garbage Fund
Fund 600
Audited Adopted Adjusted Adopted
Fiscal Year Fiscal Year Fiscal Year Fiscal Year
2023-24 2024-25 2024-25 2025-26
Revenues
Service Charges $ 4,402,978 $ 4,401,882 $ 4,401,882 $ 5,025,314 Other Revenues 302,837 201,335 201,335 223,628
Total Revenues 4,705,815 4,603,217 4,603,217 5,248,942
Expenditures
Salaries and Benefits (1,323,796) (1,534,064) (1,358,652) (1,440,176) Operations and Maint (2,787,858) (3,280,589) (3,306,702) (3,454,301) Total Expenditures (4,111,655) (4,814,653) (4,665,354) (4,894,477) Operating Balance 594,161 (211,436) (62,137) 354,465
Capital Outlay (4,759) (5,000) (5,000) (30,000)
Transfers In - - - -
Transfers Out (789,206) (689,206) (285,718) (404,749)
Changes in Balance (199,804) (905,642) (352,855) (80,284) Beginning Balance 1,964,313 281,013 281,013 (237,953)
Reserve Requirement (1,483,496) (76,563) (166,110) (68,737) Ending Spendable Balance $ 281,013 $ (701,192) $ (237,953) $ (386,973) Total Reserve (1,718,343)
Working Capital Without Reserve 1,331,370
Enterprise
Funds Review -
Sewer
31 Fiscal Year 2025-26
Sewer Funds
Funds 605, 606, 607
Audited Adopted Adjusted Proposed
Fiscal Year Fiscal Year Fiscal Year Fiscal Year
2023-24 2024-25 2024-25 2025-26
Revenues
Service Charges 6,189,753 6,021,043 6,021,043 6,598,315 Other Revenues 171,226 17,495 156,714 144,377
Total Revenues 6,360,979 6,038,538 6,177,757 6,742,692
Expenditures
Salaries & Benefits (3,266,184) (3,657,203) (3,276,834) (3,615,854) Operations & Maint. (4,055,766) (1,899,404) (2,081,449) (2,499,465) Total Expenditures (7,321,950) (5,556,607) (5,358,283) (6,115,319) Operating Balance (960,971) 481,931 819,475 627,373
Debt Service (196,524) (942,982) (832,682) (849,913)
Capital Outlay - (744,850) (18,580,632) (95,000)
Other Financing Sources 744,682 155,114 17,495 44,637
Transfers In 172,808 3,601,434 20,785,883 1,626,840
Transfers Out (887,262) (4,209,864) (4,127,037) (2,732,617) Changes in Balance (1,127,267) (1,659,217) (1,917,497) (1,378,680) Beginning Balance 717,897 (1,729,358) (1,729,358) (3,057,085) Reserve (2,447,255) 514,973 589,770 (306,942)
Ending Spendable Balance (1,729,358) (2,873,602) (3,057,085) (4,742,707) Total Reserve (2,164,427)
Working Capital Without Reserve (2,578,280)
Enterprise
Funds Review -
Water
32 Fiscal Year 2025-26
Water Funds
Funds 610, 611, 612
Audited Adopted Adjusted Proposed
Fiscal Year Fiscal Year Fiscal Year Fiscal Year
2023-24 2024-25 2024-25 2025-26
Revenues
Service Charges $ 7,387,299 7,477,298 7,477,298 $ 8,148,987 Other Revenues $ 318,080 276,263 2,341,498 $ 179,545
Total Revenues 7,705,379 7,753,561 9,818,796 8,328,532
Expenditures
Salaries & Benefits (3,027,886) (3,920,760) (3,431,954) (3,412,477) Maint. & Operations (3,094,597) (2,487,252) (2,567,958) (2,153,104) Total Expenditures (6,122,483) (6,408,012) (5,999,912) (5,565,581) Operating Balance 1,582,896 1,345,549 3,818,884 2,762,951 Debt Service (520,897) (1,230,668) (1,202,518) (1,198,018) Capital Outlay - (1,421,050) (8,047,407) (2,678,000)
Other Financing Source 1,022,466 2,341,498 276,263 795,113 Transfers In 181 9,178,533 9,609,533 3,640,665
Transfers Out (1,219,859) (9,985,029) (10,143,793) (4,500,181) Changes in Balance 864,787 228,833 (5,689,038) (1,177,470) Beginning Balance 14,973,214 12,954,985 12,954,985 7,256,703 Reserved/Restricted Bal. (2,018,229) (4,960,541) (9,244) (586,234) Ending Spendable Balance 12,954,985 8,223,277 7,256,703 5,492,999 Total Reserve (2,613,707)
Working Capital Without Reserve 8,106,706
Budget FY 2025-26
All Funds
ALL FUNDS ARE PRESENTED IN THE FISCAL YEAR 2025-26
PROPOSED BUDGET BOOK.
33 34
FY 2025-26 City Wide Revenue Budget By Category
37,138,213
8,849,533
2,637,138
23,007,304
261,775 111,000
8,369,126
630,990
15,437,245
0 5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
40,000,000
Taxes Licenses & Permits Intergovernmental Charges for Services Recreation Programs Fines & Forfeitures Investment Earnings Other Revenues Transfers In City Wide Revenue Budget by Category
FY 25/26 Proposed
35 FY 2025-26 City Wide Expenditure Budget by Category
19,018,175
9,934,563
16,951,113
2,305,686 1,559,809
3,275,847
134,575
6,344,958
14,991,922 15,441,659
311,565
0 2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
18,000,000
20,000,000
Salaries & Wages Benefits Professional &
Contracted Serv
Repair &
Maintenance
Materials &
Supplies
Other Services &
Charges
Recreation
Programs
Capital Outlay Debt Service Transfers Out Rentals
City Wide Expenditure Budget by Category
FY 25/26 Proposed
Budget Recommendations
REVENUE
Ø Review/update Utility Rates
Ø Review/update Business License Tax
Ø Review/update Transient Occupancy Tax
Ø Seek out additional federal and state grants
EXPENSE
Ø Continue to freeze existing and upcoming vacant positions unless deemed necessary and funded
Ø There will be salary savings in FY2025 that will enhance the Fund Balance in some funds. An update will be provided at Mid-Year once FY2025 has been closed.
Ø Review service level requirements and reduce where available or not funded Ø Review CIP projects to set priorities, phase projects as needed or as funding is available 36 Questions?
OPEN DISCUSSION
37