Attachment 7 - General Fund Revenue and Expenditure Summary FY2023-24 FY2024-25 PCT
GENERAL FUND REVISED BUDGET PROPOSED BUDGET CHANGE
(Thru March 2024) (June 18,2024)
PROPERTY TAXES (52,181,354) (57,597,487) 10.38% SALES & USE TAX (57,897,341) (60,456,550) 4.42% UTILITY USERS TAX (57,938,011) (62,092,359) 7.17% OTHER TAXES (24,144,377) (23,405,397) -3.06% LICENSES,PRMITS&FEES (15,779,175) (16,252,770) 3.00% FINES & FORFEITURES (151,438) (176,438) 16.51% USE OF MONEY&PROPRTY (1,796,421) (1,796,421) 0.00% CHARGES FOR SERVICES (2,536,992) (3,255,703) 28.33% OTHER REVENUE (238,480) (142,830) -40.11% RENTAL INCOME (777,028) (777,478) 0.06% INTERGOV STATE TAXES (125,000) (125,000) 0.00% INTERGOV STATE GRANT (183,911) (130,000) -29.31% INTERGOV OTHER GRANT (280,000) (250,000) -10.71% PROC FR SLE PROP - (15,000) 100.00% LOAN/BOND PROCEEDS (40,400) (40,400) 0.00% OPER XFERS IN (20,310,358) (22,421,539) 10.39% TOTAL REVENUES (234,380,287) (248,935,372) 6.21% SALARIES AND WAGES 85,847,575 95,236,672 10.94% PYRLL/FRINGE BENEFIT 65,538,296 70,666,262 7.82% PROF & ADMIN 21,688,714 20,378,340 -6.04% OTHER OPERATING 8,963,844 8,862,886 -1.13% UTILITIES 5,690,630 5,594,204 -1.69% EQPT & CONTRACT SVCS 5,946,835 4,315,665 -27.43% PROVISN FOR INS LOSS 34,200 35,500 3.80% COST POOL 21,593,734 23,400,598 8.37% ASSET/CAPITAL OUTLAY 2,817,457 2,502,328 -11.18% DEBT SVC EXPENDITURE 841,353 850,905 1.14% A87 COST PLAN REIMBS (3,514,373) (3,514,373) 0.00% GRANT EXPENDITURES 98,723 49,013 -50.35% OPER XFERS OUT 30,748,126 20,557,373 -33.14% TOTAL EXPENDITURES 246,295,113 248,935,372 1.07% NET (-SURPLUS)/+DEFICIT 11,914,826 -