FY24 Adopted Budget

Road Use Tax (2200) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

$ 3,363,436 3,547,923 $ $ 4,405,316 5,087,054 $ $ 4,764,162 $ 4,436,241

Revenues:

Intergovernmental Federal Intergovernmental Revenue

$ $

- -

$ $

721

$ $

31,017

$ $

- -

$ $

- -

$ $

- -

Disaster Assistance

-

52

Road Use Tax

9,163,303 10,076,978

9,900,316 9,390,000

9,900,316

9,999,319

Charges For Fees And Services Building & Development Miscellaneous Other Miscellaneous Revenue

68,359

69,020

66,868

70,000

66,868

66,868

111,460

94,084

91,755

71,340

111,525

111,239

Other Financial Sources Sale Of Assets

-

273

1,238

-

-

-

Sub-Total Revenues

9,343,122 10,241,077

10,091,246 9,531,340

10,078,709

10,177,426

Transfers In:

Transfers In-Govt Activities

507,510 507,510

622,374 622,374

628,877 628,877

645,524 645,524

665,184 665,184

685,140 685,140

Sub-Total Transfers In

Total Revenues & Transfers In

$ 9,850,631 10,863,451 $ $ 10,720,123 10,176,864 $ $ 10,743,893 $ 10,862,566

Expenditures:

Road Use Tax Administration

$

124,389 $

103,093 $

102,270 $

101,016 $

99,918 $

101,916 152,489

Sidewalk Inspection Traffic Engineering

93,923

112,300

90,430

153,752

151,642

1,391,771 1,310,543 4,931,255 5,296,935 6,541,337 6,822,871

1,324,338 1,509,460 5,130,948 5,537,032 6,647,987 7,301,260

1,457,012 6,083,667 7,792,239

1,481,041 6,234,693 7,970,139

Streets System Maintenance

Sub-Total Expenditures

Transfers Out:

Capital Projects Fund

2,707,360 2,702,664

2,904,000 2,715,000

2,765,000

2,715,000

Interfund Loan Repayment to Landfill

51,881 365,566

73,452 407,072

74,561 411,837

75,687 407,809

76,786 437,789

77,990 450,923

Miscellaneous Transfers Out

Sub-Total Transfers Out

3,124,807 3,183,188

3,390,398 3,198,496

3,279,575

3,243,913

Total Expenditures & Transfers Out

$ 9,666,144 10,006,059 $ $ 10,038,385 10,499,756 $ $ 11,071,814 $ 11,214,052 $ 3,547,923 4,405,316 $ $ 5,087,054 4,764,162 $ $ 4,436,241 $ 4,084,754

Fund Balance, June 30

Restricted / Committed /Assigned

-

-

-

-

-

-

Unassigned Balance

$ 3,547,923 4,405,316 $ $ 5,087,054 4,764,162 $ $ 4,436,241 $ 4,084,754

% of Revenues & Transfers In

36%

41%

47%

47%

41%

38%

387