FY2024 Proposed Budget

Affordable Housing (2500) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

1,635,738 $

1,622,344 $

3,598,374 $

5,281,899 $

5,281,899 $

5,281,899 $

Revenues:

Use Of Money And Property Interest Revenues

$

25,861

$

10,246

$

16,880

$

-

$

-

$

-

Intergovernmental Federal Intergovernmental Revenue

- -

8,100 2,700

- -

- -

- -

- -

Disaster Assistance

Charges for Fees & Services Building & Development Other Financial Sources Loans

(52,476)

1,805,648

3,047,031

-

-

-

-

9,844

13,063

- -

- -

- -

Sub-Total Revenues

(26,615)

1,836,537

3,076,974

Transfers In:

Transfer-In from General Fund

1,000,000 1,000,000

1,000,000 1,000,000

1,000,000 1,000,000

1,000,000 1,000,000

1,000,000 1,000,000

1,000,000 1,000,000

Sub-Total Transfers In

Total Revenues & Transfers In

$

973,385

2,836,537 $

4,076,974 $

1,000,000 $

1,000,000 $

1,000,000 $

Expenditures: Services

$

782,779

$

826,295 34,212 860,507

$

866,743

$

850,000 150,000

$

850,000 150,000

$

850,000 150,000

Capital Outlay

-

6,705

Sub-Total Expenditures

782,779

873,448

1,000,000

1,000,000

1,000,000

Transfers Out:

Capital Projects Fund Sub-Total Transfers Out

$

204,000 204,000 986,779

$

- -

1,520,000 $

$

- -

$

- -

$

- -

1,520,000

Total Expenditures

$

$

860,507

2,393,448 $ 5,281,899 $

1,000,000 $ 5,281,899 $

1,000,000 $ 5,281,899 $

1,000,000 $ 5,281,899 $

Fund Balance, June 30

1,622,344 $

3,598,374 $

Restricted / Committed /Assigned

-

-

-

-

-

-

Unassigned Balance

1,622,344 $

3,598,374 $

5,281,899 $

5,281,899 $

5,281,899 $

5,281,899 $

% of Revenues and Transfers In

167%

127%

130%

528%

528%

528%

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