FY24 Adopted 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 $

49,151 47,651

$

54,423 47,651

$

54,423 $

46,832 $

47,651 47,651

Restricted / Committed /Assigned

47,651

47,651

47,651

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 $

240,087 $

366,218 $

492,348 492,348

Restricted / Committed /Assigned

123,055

240,087

366,218

Unassigned Balance

$

$

$

-

$

-

$

-

$

-

415