FY24 Adopted 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 56,734,283 $ $ 51,627,782 $ 48,523,243

Revenues:

Property Taxes Other City Taxes

$ 35,626,227 40,271,900 $ $ 40,379,475 40,339,650 $ $ 40,186,840 $ 41,392,445

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

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

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

54,093,751 59,209,763

59,720,325 60,451,398

60,373,755

61,393,781

Transfers In:

Operating Transfers In Sub-Total Transfers In

15,150,816 16,639,310 15,150,816 16,639,310

19,238,734 18,063,633 19,238,734 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 $ $ 73,832,471 $ 75,252,471

$

149,212 $

148,836 $

158,711 $

168,774 $

178,611 $

183,314 642,184 941,424

City Clerk

491,473 836,849

530,843 823,919

560,078 850,566

625,117 868,194

624,775 914,555

City Attorney City Manager

3,727,694 4,089,409

4,078,706 3,853,885

4,213,343 4,075,617

5,776,948 5,206,909

5,148,457 5,090,596 17,346,723 10,313,473 10,567,119 7,877,340 1,154,420 4,830,294 3,339,887

5,288,019 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

14,503,070 14,471,307

14,867,148 16,847,333

Fire

8,477,010 8,574,237 6,327,197

8,899,332 8,340,197 6,083,482

9,112,628

9,677,794

Parks and Recreation

9,670,687 10,893,158

Library

6,934,581 1,032,310 5,858,970 2,845,050

7,358,906 1,109,305 5,700,640 3,200,355

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

653,947

744,790

684,881

703,465

57,237,518 55,608,874

60,833,636 68,178,224

68,071,130

70,041,272

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

4,112,978 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

8,865,880

17,431,653

Total Expenditures & Transfers Out

$ 66,899,359 66,651,623 $ $ 73,063,116 83,621,532 $ $ 76,937,010 $ 87,472,925 $ 41,640,890 50,838,340 $ $ 56,734,283 51,627,782 $ $ 48,523,243 $ 36,302,789

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 $ $ 35,626,668 28,243,567 $ $ 26,833,728 $ 24,677,772

% of Revenues & Transfers In

44%

47%

45%

36%

36%

33%

330