FY24 Adopted Budget

Health Insurance Reserve (8500) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

$ 11,156,890 12,300,290 $ $ 12,309,571 14,435,853 $ $ 14,447,353 $ 15,562,882

Revenues:

Use Of Money And Property Interest Revenues

50,000 $

186,792 $

$

232,731 $

103,866 $

81,214 $

186,792

Charges For Fees And Services Miscellaneous Charges For Services

606,000

458,212

515,566

590,651

633,600

636,300

Miscellaneous Intra-City Charges

12,593,760

9,581,325 9,939,939

10,793,500 11,451,573

13,223,448

-

Other Miscellaneous Revenue

609

-

148

-

-

Total Revenues Expenditures: Services

$ 10,272,878 10,559,371 $ $ 11,465,512 12,135,173 $ $ 13,386,552 $ 14,046,540

$ 9,127,875 10,550,091 $ $ 9,337,613 12,122,673 $ $ 12,270,023 $ 12,883,524

1,000

Supplies

1,603

-

1,616

1,000

1,020

Total Expenditures

$ 9,129,477 10,550,091 $ $ 9,339,230 12,123,673 $ $ 12,271,023 $ 12,884,544 $ 12,300,290 12,309,571 $ $ 14,435,853 14,447,353 $ $ 15,562,882 $ 16,724,878

Fund Balance, June 30

8,123,615

8,123,615 8,123,615

8,123,615

Restricted / Committed / Assigned

8,627,420 9,697,868

Unassigned Balance

$ 3,672,870 2,611,703 $ $ 6,312,238 6,323,738 $ $ 7,439,267 $ 8,601,263

% of Revenues

56%

36%

25%

55%

52%

61%

680