FY25 Proposed Budget

Road Use Tax (2200) Fund Summary

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$ 4,405,316 5,087,054 $ $ 4,764,162 6,170,699 $ $ 5,273,012 $ 4,996,512

Revenues:

Intergovernmental Federal Intergovernmental Revenue

$

31,017

$

38

$

- -

$

- -

$

- -

$

- -

Disaster Assistance

52

3,088

Road Use Tax

9,900,316 10,346,324

9,900,316 9,900,316

10,500,000

10,605,000

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

66,868

68,535

66,868

66,868

68,500

68,500

91,755

93,425

111,525

111,525

81,400

81,400

Other Financial Sources Sale Of Assets

1,238

144

-

-

-

-

Sub-Total Revenues

10,091,246 10,511,554

10,078,709 10,078,709

10,649,900

10,754,900

Transfers In:

Transfers In-Govt Activities

628,877 628,877

647,269 647,269

665,184 665,184

739,316 739,316

697,100 697,100

718,013 718,013

Sub-Total Transfers In

Total Revenues & Transfers In

$ 10,720,123 11,158,823 $ $ 10,743,893 10,818,025 $ $ 11,347,000 $ 11,472,913

Expenditures:

Road Use Tax Administration

$

102,270 $

101,106 $

99,918 $

99,918 $

98,700 $

100,674 152,341

Sidewalk Inspection Traffic Engineering

90,430

86,781

151,642

151,642

151,500

1,324,338 1,542,166 5,130,948 5,246,629 6,647,987 6,976,682

1,457,012 1,470,912 6,083,667 6,333,665 7,792,239 8,056,137

1,394,900 6,320,200 7,965,300

1,422,483 6,414,958 8,090,456

Streets System Maintenance

Sub-Total Expenditures

Transfers Out:

Capital Projects Fund

2,904,000 2,615,000

2,765,000 3,145,000

3,200,000

3,100,000

Interfund Loan Repayment to Landfill

74,561 411,837

75,687 407,809

76,786 437,789

76,786 437,789

78,000 380,200

79,200 391,606

Miscellaneous Transfers Out

Sub-Total Transfers Out

3,390,398 3,098,496

3,279,575 3,659,575

3,658,200

3,570,806

Total Expenditures & Transfers Out

$ 10,038,385 10,075,178 $ $ 11,071,814 11,715,712 $ $ 11,623,500 $ 11,661,262 $ 5,087,054 6,170,699 $ $ 4,436,241 5,273,012 $ $ 4,996,512 $ 4,808,163

Fund Balance, June 30

Restricted / Committed /Assigned

-

-

-

-

-

-

Unassigned Balance

$ 5,087,054 6,170,699 $ $ 4,436,241 5,273,012 $ $ 4,996,512 $ 4,808,163

% of Revenues & Transfers In

47%

55%

41%

49%

44%

42%

381