FY2024 Proposed Budget

Employee Benefits (2400) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

3,954,489 $

3,584,853 $

3,630,989 $

4,130,695 $

4,111,635 $

4,111,635 $

Revenues:

Property Taxes

12,025,846 $

14,011,849 $

14,049,352 $

14,035,545 $

14,364,312 $

14,795,241 $

Other City Taxes Gas/Electric Excise Tax

138,734 10,500

136,530 13,357

146,049 12,119

147,202 13,360

145,477 12,119

145,477 12,119

Mobile Home Tax

Intergovernmental

Property Tax Credits State 28E Agreements

302,438 321,229

321,208 316,527

313,320 371,160

255,418 371,160

336,315 338,633

272,459 338,633

Total Revenues Expenditures:

12,798,747 $

14,799,472 $

14,891,999 $

14,822,685 $

15,196,856 $

15,563,930 $

General Government Employee Benefits

$

380,748

$

417,434

$

327,076 975,200

$

430,794 963,973

$

430,765 908,089

$

439,987 926,251

Public Safety Employee Benefits

1,000,154 1,380,902

1,372,898 1,790,332

Sub-Total Expenditures

1,302,276

1,394,767

1,338,854

1,366,238

Transfers Out:

Employee Benefits Levy Sub-Total Transfers Out

11,787,481 11,787,481 13,168,383 $ 3,584,853 $

12,963,004 12,963,004

13,090,017 13,090,017

13,446,978 13,446,978

13,858,002 13,858,002

14,273,742 14,273,742

Total Expenditures & Transfers Out

14,753,336 $ 3,630,989 $

14,392,293 $ 4,130,695 $

14,841,745 $ 4,111,635 $

15,196,856 $ 4,111,635 $

15,639,980 $ 4,035,585 $

Fund Balance, June 30

Restricted / Committed /Assigned

-

-

-

-

-

-

Unassigned Balance

3,584,853 $

3,630,989 $

4,130,695 $

4,111,635 $

4,111,635 $

4,035,585 $

% of Revenues

28%

25%

28%

28%

27%

26%

398