FY2022

Parking (7100 - 7104) Fund Summary

2019

2020

2021

2022

2023

2018

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

$

279,450

11,082,223 $

12,222,373 $

11,195,768 $

2,171,686 $

1,213,100 $

Revenues:

Use Of Money And Property Interest Revenues Charges For Fees And Services Refuse Charges

$

25,000

$

123,441

$

177,037

$

138,303

$

10,000

$

25,000

-

175

-

-

-

-

Parking Charges

5,677,526

5,493,004

5,741,940

4,164,207

3,157,700

5,677,526

Miscellaneous

240,000 35,000

Parking Fines

155,488 35,280

239,834 33,726

190,024 63,049

200,000 35,000

240,000 35,000

Other Misc Revenue

Other Financial Sources Sale Of Assets

-

2,679,169 8,486,558

-

-

-

-

Sub-Total Revenues

5,977,526

6,192,536

4,555,583

3,402,700

5,977,526

Transfers In:

890,000

Capital Reserves

-

-

225,000

750,000

1,000,000

1) Debt Service Transfers

-

3,100,821 3,100,821

1,021,221 1,021,221

6,288,823 6,513,823

-

-

Sub-Total Transfers In

890,000

750,000

1,000,000

Total Revenues & Transfers In

6,867,526 $

11,587,379 $

7,213,757 $

11,069,406 $

4,152,700 $

6,977,526 $

Expenditures:

1,595,816 $

Parking Administration On Street Operations Parking Ramp Operations

1,364,542 $

1,448,416 $

1,429,747 $

1,444,396 $

1,632,559 $

916,366

808,802

781,704

656,739

852,431

950,997

1,364,159

1,241,932 3,100,821 6,516,098

1,283,440 3,021,221 6,534,781

1,277,894 9,788,823 13,153,203

1,974,704

1,398,469

-

Parking Debt Service Sub-Total Expenditures

-

-

3,876,341

4,271,531

3,982,025

Transfers Out:

890,000 890,000

Capital Improvement Projects

595,000

441,893

176,727 225,000

750,000 750,000

770,000

Capital Reserves

-

-

1,000,000

1) Debt Service Transfers

-

3,100,821

1,021,221

6,288,823

-

-

277,535

Interfund Loan Repayment to Landfill

235,310

242,467

249,736

273,405

281,726

Sub-Total Transfers Out

2,057,535

3,931,131

1,705,581

6,940,286

1,773,405

2,051,726

Total Expenditures & Transfers Out

5,933,876 $

10,447,229 $

8,240,362 $

20,093,489 $

6,044,936 $

6,033,751 $

Fund Balance, June 30

1,213,100 $

12,222,373 $

11,195,768 $

2,171,686 $

$

279,450

2,156,875 $

-

Restricted / Committed /Assigned

5,500,000

3,790,663

-

-

230,000

Unassigned Balance

1,213,100 $

6,722,374 $

7,405,105 $

2,171,686 $

$

279,450

1,926,875 $

% of Revenues & Transfers In

18%

58%

103%

20%

7%

28%

373