FY25 Proposed Budget

Information Technology Services (8300 - 8301) Fund Summary

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$ 3,545,083 3,967,709 $ $ 4,174,221 $ 4,158,200 $ 3,790,895 $ 3,383,908

Revenues:

Use Of Money And Property Interest Revenues

$

13,069 $

104,722 $

30,058 $

30,058 $

40,000 $

40,000

Charges For Fees And Services Miscellaneous Charges For Services

24,737

26,459

24,737

24,737

26,500

26,500

Miscellaneous

Intra-City Charges

3,099,496

2,942,020

2,892,762

2,892,762

2,701,101

2,941,801

Other Miscellaneous Revenue

85

593

85

85

600

-

Other Financial Sources Sale Of Assets Sub-Total Revenues

5,306

2,464

-

-

-

-

3,142,692 3,076,258

2,947,642

2,947,642

2,768,201

3,008,301

Transfers In:

Miscellaneous Transfers In

58,085 58,085

159,851 159,851

- -

22,702 22,702

- -

- -

Sub-Total Transfers In

Total Revenues Expenditures:

$ 3,200,777 3,236,109 $ $ 2,947,642 $ 2,970,344 $ 2,768,201 $ 3,008,301

Information Technology

$ 2,633,094 $ 2,545,810 $ 2,592,121 $ 2,654,824 $ 2,717,380 $ 2,786,900

Info Technology Equipment Replacement

11,972

239,957

582,825

582,825

357,808

40,102

Sub-Total Expenditures

2,645,066 2,785,767

3,174,946

3,237,649

3,075,188

2,827,002

Transfers Out:

Capital Project Fund Misc Transfers Out

75,000 58,085 133,085

100,000 159,851 259,851

100,000

100,000

100,000

100,000

-

-

-

-

Sub-Total Transfers Out

100,000

100,000

100,000

100,000

Total Expenditures & Transfers Out

$ 2,778,151 3,045,618 $ $ 3,274,946 $ 3,337,649 $ 3,175,188 $ 2,927,002 $ 3,967,709 4,158,200 $ $ 3,846,918 $ 3,790,895 $ 3,383,908 $ 3,465,207

Fund Balance, June 30

Restricted / Committed /Assigned

1,553,785

1,767,939

1,221,778

1,478,897

1,415,189

1,669,187

Unassigned Balance

$ 2,413,924 2,390,261 $ $ 2,625,140 $ 2,311,998 $ 1,968,719 $ 1,796,020 77% 78% 89% 78% 71% 60%

667