FY26 Adopted Budget Final

Changes from Proposed to Final Budget

Changes to revenues and transfers in from the proposed to adopted budget are as follows:

General Fund: o Revenues and transfers in decreased from $79,822,500 to $79,773,600, a decrease of $43,200 to Property Taxes, an increase of $10,000 to Other City Taxes and a decrease of $15,700 to Operating Transfers In. Employee Benefits Fund: o Revenues decreased from $15,279,200 to $15,263,500, a decrease of $14,400 to Property Taxes and a decrease of $1,300 to Gas/Electric Excise Tax. Affordable Housing Fund: o Transfers in increased from $800,000 to $1,000,000, an increase of $200,000 to Transfer In from General Fund. Self-Supporting Municipal Improvement District (SSMID) Fund: o Revenues decreased from $669,700 to $668,200 a decrease of $1,500 to Property Taxes. Debt Service Fund: o Revenues decreased from $12,537,600 to $12,521,900, a decrease of $17,400 to Property Taxes and an increase of $1,700 to Gas/Electric Excise Tax. Transit Fund: o Transfers in decreased from $4,335,300 to $4,331,700, an decrease of $3,600 to Transit Property Tax Levy. General Fund: o Transfers out increased from $8,909,100 to $9,105,500, an increase of $200,000 to Transfers Out – Affordable Housing Fund. Employee Benefits Fund: o Transfers out decreased from $13,562,300 to $13,546,600, a decrease of $15,700 to Employee Benefits Levy. Affordable Housing Fund: o Expenditures increased from $800,000 to $1,000,000, an increase of $200,000 to Services. Self-Supporting Municipal Improvement District (SSMID) Fund: o Expenditures decreased from $669,700 to $668,200, a decrease of $1.500 to Services. Changes to expenditures and transfers out from the proposed to adopted budget are as follows:

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