FY25 Proposed Budget

Emergency Levy (2450) Fund Summary

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$ 794,225 1,205,796 $ $ 1,177,128 1,157,208 $ $ 1,231,984 $ 1,116,184

Revenues:

Property Taxes Other City Taxes

$ 1,008,281 $

842,167 $

836,222 $

836,222

$

-

$

-

Gas/Electric Excise Tax

10,482

10,027

8,700

8,700

- -

- -

Mobile Home Tax

870

678

870

870

Intergovernmental

Property Tax Credits

22,486

15,410

22,405

22,405

9,200

4,600

Miscellaneous Contributions and Donations

428

-

429

429

-

-

Total Revenues Expenditures: Services

$ 1,042,547 $

868,282 $

868,626 $

868,626

$

9,200

$

4,600

$

206,647 $

346,059 $

258,850 $

258,850 60,000 150,000 468,850

$

- -

$

- -

Supplies

23,038 51,293 280,977

52,133 168,678 566,870

60,000 150,000 468,850

Capital Outlay

125,000 125,000

125,000 125,000

Sub-Total Expenditures

Transfers Out:

Capital Projects Fund Sub-Total Transfers Out

350,000 350,000

350,000 350,000

350,000 350,000

325,000 325,000

- -

- -

Total Expenditures & Transfers Out

$

630,977 $

916,870 $

818,850 $

793,850 $

125,000 $

125,000 995,784

Fund Balance, June 30

$ 1,205,796 1,157,208 $ $ 1,226,904 1,231,984 $ $ 1,116,184 $

Restricted / Committed /Assigned

-

-

-

-

-

-

Unassigned Balance

$ 1,205,796 1,157,208 $ $ 1,226,904 1,231,984 $ $ 1,116,184 $

995,784

% of Revenues

116%

133%

141%

142%

12132%

21647%

395