City Council and Concurrent Authorities
June 20, 2023

EXHIBIT 1
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24
Actual Actual Projected Budget
Beginning Available Balance 5,572,519$ 5,567,438 $ 4,735,803 $ 2,099,880 $ Revenues
Assessments 1,253,674 1,383,392 1,260,215 1,260,215 Operating Revenue/Fees 2,864,239 3,820,825 3,913,570 4,160,000 Parking Citations/Fines 425,286 440,266 500,000 550,000 Other Revenues 45,785 244,520 195,000 200,000 Investment Proceeds (6,216) (110,815) 228,151 10,000 4,582,768 5,778,188 6,096,936 6,180,215 Expenditures
Administration 534,993 534,727 527,898 638,183 Other Services 3,273 15,991 185,000 95,284 Parking Operations 1,888,364 2,383,160 2,914,475 3,054,947 Parking Enforcement 518,135 516,746 554,572 605,846 Debt Service 1,585,009 2,745,285 2,320,914 1,691,450 Parking Improvements 58,074 204,938 3,000,000 - 4,587,848 6,400,847 9,502,859 6,085,710 Transfers
Transfer In - Other - - 770,000 - - - 770,000 - Net Annual Activity (5,080) (622,659) (2,635,923) 94,505 Ending Available Balance 5,567,438$ 4,944,779 $ 2,099,880 $ 2,194,385 $ Available Balance Calculation
Current Assets 2,920,484$
Current Liabilities (978,882)
Capital Appropriations 3,003,179
Ending Available Balance 4,944,781$
Economic Development Department
Parking Authority Fund 630
FY 2023-24 Annual Budget