FY2024 Proposed Budget

General Fund (1000 - 1027) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projection

Fund Balance, July 1

39,295,682 $

41,640,890 $

50,838,340 $

56,735,894 $

51,629,393 $

49,787,374 $

Revenues:

Property Taxes Other City Taxes

35,626,227 $

40,271,900 $

40,379,475 $

40,339,650 $

41,284,798 $

42,523,342 $

2,460,592 2,352,233 1,091,682 4,008,624 1,129,259 6,010,753 1,414,383 54,093,751

2,362,649 2,541,011

3,311,724 2,786,476

2,590,124 2,581,550

3,312,497 2,565,193 1,033,209 4,223,162 1,242,099 7,173,558

3,312,497 2,565,193 1,033,209 4,037,548 1,242,133 7,173,558

Licenses And Permits

Use Of Money And Property

514,191

631,248

723,383

Intergovernmental

5,923,927

4,045,574 1,726,449 6,195,617

3,866,481 1,270,587 6,744,116 2,335,507 60,451,398

Charges For Fees And Services

825,692

Miscellaneous

5,997,468

Other Financial Sources

772,926

643,761

637,197

637,197

Sub-Total Revenues

59,209,763

59,720,325

61,471,713

62,524,677

Transfers In:

Operating Transfers In Sub-Total Transfers In

15,150,816 15,150,816

16,639,310 16,639,310

19,238,734 19,238,734

18,063,633 18,063,633

13,458,716 13,458,716

13,858,690 13,858,690

Total Revenues & Transfers In Expenditures by Department: City Council

69,244,567 $

75,849,073 $

78,959,059 $

78,515,031 $

74,930,429 $

76,383,367 $

$

149,212 491,473 836,849

$

148,836 530,843 823,919

$

158,711 560,078 850,566

$

168,774 625,117 868,194

$

178,611 624,775 914,555

$

183,314 642,184 941,424

City Clerk

City Attorney City Manager

3,727,694 4,089,409 14,503,070 8,477,010 8,574,237 6,327,197

4,078,706 3,853,885 14,471,307 8,899,332 8,340,197 6,083,482

4,213,343 4,075,617 14,866,861 9,112,566 9,670,553 6,934,572 1,032,310 5,858,919 2,845,050

5,776,948 5,206,909 16,847,333 9,677,794 10,893,158 7,358,906 1,109,305 5,700,640 3,200,355

4,875,361 5,090,596 17,346,723 10,313,473 10,567,119 7,877,340 1,154,420 4,830,294 3,339,887

5,006,730 5,226,608 17,776,001 10,890,928 10,987,920 7,825,836 1,185,465 4,954,730 3,435,380

Finance

Police

Fire

Parks and Recreation

Library

Senior Center

913,616

927,263

Neighborhood & Development Services

6,066,892 2,478,291

4,274,656 2,568,025

Public Works

Transportation Services Sub-Total Expenditures

602,569

608,423

652,879

744,790

684,881

703,465

57,237,518

55,608,874

60,832,025

68,178,224

67,798,034

69,759,983

Transfers Out:

Capital Project Funding

1,988,176

1,538,784

1,469,331

2,028,470 2,750,000

1,598,470 1,500,000

1,523,470 10,125,000

Capital Project Funding - Facility Reserve

-

-

-

GO Bond Abatement

20,052 168,970 500,000

15,484 158,127

24,620 169,673

20,052 183,656 258,000

20,052 172,680

20,052 172,680

General Levy

Emergency Fund

-

-

- -

- -

Facility Master Plan Reserve

2,000,000

4,000,000

5,000,000

4,742,000

Interfund Loan Repayment to Landfill

77,821

110,177

111,841

113,531

115,178

116,985

Transfers Out - Transit Fund

3,660,631 1,000,000

4,076,795 1,000,000

4,122,880 1,000,000

4,106,177 1,000,000

4,221,512 1,000,000

4,126,944 1,000,000

Transfers Out - Affordable Housing Fund

Miscellaneous Transfers Out

246,191

143,381

331,135

241,422

346,522

346,522

Sub-Total Transfers Out

9,661,841

11,042,749

12,229,481

15,443,308

8,974,414

17,431,653

Total Expenditures & Transfers Out

66,899,359 $ 41,640,890 $

66,651,623 $ 50,838,340 $

73,061,505 $ 56,735,894 $

83,621,532 $ 51,629,393 $

76,772,448 $ 49,787,374 $

87,191,636 $ 38,979,105 $

Fund Balance, June 30

Restricted / Committed /Assigned

11,469,555

15,537,600

21,107,615

23,384,215

21,689,515

11,625,017

Unassigned Balance

30,171,335 $

35,300,740 $

35,628,279 $

28,245,177 $

28,097,858 $

27,354,089 $

% of Revenues & Transfers In

44%

47%

45%

36%

37%

36%

330