City Council and Concurrent Authorities
June 24, 2025

FY 2022-23 FY 2023-24 FY 2024-25 FY 2025-26
Actual Actual Projected Budget
Beginning Available Balance 4,944,780$ 4,969,628$ 4,602,257$ 4,116,750$ Revenues
Assessments 1,449,627 1,574,103 1,400,000 1,500,000 Operating Revenue/Fees 4,009,974 4,648,514 4,946,028 5,425,000 Parking Citations/Fines 601,701 737,876 690,000 725,000 Bond Proceeds - - 1,460,259 -
Other Revenues 249,583 294,789 218,243 253,000 Investment Proceeds 179,220 215,714 74,640
6,490,105 7,470,996 8,789,170 7,903,000
Expenditures
Administration 570,338 640,901 652,880 656,619 Other Services 55,962 54,367 150,000 104,455
Parking Operations 2,641,995 2,497,739 4,076,186 4,115,787 Parking Enforcement 680,962 460,899 775,172 818,354 Debt Service 1,345,315 3,711,886 2,485,369 2,484,898 Parking Improvements 1,170,685 472,575 1,135,070 - 6,465,257 7,838,367 9,274,677 8,180,113
Transfers
Transfer In - Other - - - -
Transfer Out - - - -
- - - -
Net Annual Activity 24,848 (367,371) (485,507) (277,113) Ending Available Balance 4,969,628$ 4,602,257$ 4,116,750$ 3,839,637$ Available Balance Calculation
Current Assets 5,420,437$
Current Liabilities (3,481,266)
Capital Appropriations 2,663,086
Ending Available Balance 4,602,257$
Economic Development Department
Parking Authority - 630
FY 2025-26 Annual Budget
EXHIBIT 1