FY2022

Transit (7150 - 7151) Fund Summary

2018

2019

2020

2021

2022

2023

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

7,278,727 $

6,427,042 $

6,159,100 $

6,576,920 $

6,914,357 $

10,558,341 $

Revenues:

Use Of Money And Property Interest Revenues

$

50,000 130,050

$

76,563 138,761

$

137,651 137,562

$

103,672 152,123

$

50,000 47,570

$

50,000 130,050

Rents

Intergovernmental

8,590,049

Fed Intergovnt Rev State 28E Agreements

2,616,326

1,692,952

2,562,895

2,470,160

1,862,899

-

-

-

52,611 531,641 60,186

-

-

531,640 39,140

Other State Grants

3,298,477

456,467 37,749

456,470 38,750

531,640 39,140

Local 28E Agreements

37,622

Charges For Fees And Services Transit Fees

1,220,390

1,225,688

1,220,379

968,974

750,390

1,220,390

Misc Charges For Svc

- -

1,285 291

910

-

910

- -

Refuse Charges Parking Charges

-

-

-

747,110

812,026

774,165

621,013

586,810

747,110

Miscellaneous

- -

Printed Materials Misc Merchandise Other Misc Revenue

-

-

15

-

- -

177

1,183

-

1,180

52,020

69,093

76,738

61,468

48,065

52,020

Other Financial Sources Sale Of Assets

-

-

23

9

-

-

Sub-Total Revenues

11,360,399

8,276,309

4,535,779

5,114,607

4,450,305

4,633,249

Transfers In:

4,142,112

Transit Property Tax Levy

3,376,455

3,563,749 3,152,097 6,715,846

3,660,631 1,380,922 5,041,553

4,080,088

4,265,783

885,433

Capital Reserves

390,222

160,000

160,000

Sub-Total Transfers In

5,027,545

3,766,677

4,240,088

4,425,783

Total Revenues & Transfers In

16,387,944 $

12,042,986 $

11,251,625 $

10,156,160 $

8,690,393 $

9,059,032 $

Expenditures:

$

588,589

Transit Admin

$

428,760

$

444,131

$

501,285

$

579,637

$

602,228

5,905,746 1,503,878

Transit Operations Fleet Maintenance

5,157,570 1,417,846

5,336,491 1,453,355

5,881,294 1,372,252

5,747,457 1,372,717

6,061,233 1,540,561

218,934

Court St Transportation Center

197,031

212,632

218,120 312,957

216,212

223,666

4,005,750 12,222,897

Replacement Reserve Sub-Total Expenditures

4,719,500 11,920,706

-

-

-

7,446,609

8,285,908

7,916,023

8,427,688

Transfers Out:

-

Capital Project Fund Capital Reserves

-

235,099

151,894

250,000 160,000 410,000

4,050,000

885,433 885,433

390,222 390,222

3,152,097 3,387,196

1,380,922 1,532,815

160,000

Sub-Total Transfers Out

4,210,000

Total Expenditures & Transfers Out

13,108,330 $

12,310,928 $

10,833,805 $

9,818,723 $

8,326,023 $

12,637,688 $

Fund Balance, June 30

10,558,341 $

6,159,100 $

6,576,920 $

6,914,357 $

7,278,727 $

6,979,685 $

5,131,700

Restricted / Committed /Assigned

777,476

3,929,573

4,997,537

5,234,737

1,291,700

Unassigned Balance

5,426,641 $

5,381,624 $

2,647,348 $

1,916,820 $

2,043,990 $

5,687,985 $

% of Revenues & Transfers In

33%

45%

24%

19%

24%

63%

385