FY2024 Proposed Budget

Riverside Drive (2615) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

$

47,651

$

50,211

$

49,151

$

54,423

$

54,423

$

46,832

Revenues:

Other City Taxes TIF Revenues

$

421,563

$

416,936

$

429,323

$

424,302

$

417,578

$

426,046

Total Revenues

$

421,563

$

416,936

$

429,323

$

424,302

$

417,578

$

426,046

Expenditures:

TIF Rebate

$

256,501

$

257,459

$

263,387

$

264,196

$

264,196

$

264,196

Transfers Out:

TIF Debt Transfers Out

162,502

160,536

160,664

160,106

160,973

161,031

Total Expenditures & Transfers Out

$

419,003

$

417,995

$

424,051

$

424,302

$

425,169

$

425,227

Fund Balance, June 30

$

50,211 47,651

$

49,151 47,651

$

54,423 47,651

$

54,423 47,651

$

46,832 47,651

$

47,651 47,651

Restricted / Committed /Assigned

Unassigned Balance

$

2,560

$

1,500

$

6,772

$

6,772

$

(819)

$

-

Foster Road (2616) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

$

-

$

-

$

-

$

123,055

$

240,087

$

366,218

Revenues:

Other City Taxes TIF Revenues

$

-

$

-

$

273,456

$

260,825

$

280,290

$

280,290

Total Revenues

$

-

$

-

$

273,456

$

260,825

$

280,290

$

280,290

Expenditures:

TIF Rebate

$

-

$

-

$

135,977

$

143,454

$

154,160

$

154,160

Transfers Out:

TIF Debt Transfers Out

-

-

14,424

339

-

-

Total Expenditures & Transfers Out

$

-

$

-

$

150,401

$

143,793

$

154,160

$

154,160

Fund Balance, June 30

$

- - -

$

- - -

$

123,055 123,055

$

240,087 240,087

$

366,218 366,218

$

492,348 492,348

Restricted / Committed /Assigned

Unassigned Balance

$

$

$

-

$

-

$

-

$

-

415