FY26 Proposed Budget

Riverside Drive (2615) Fund Summary

2023

2024

2025

2025

2026

2027

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$

54,423

$

62,705

$

55,255

$

74,007

$

74,007

$

74,007

Revenues:

Other City Taxes TIF Revenues

407,454

419,300

355,500

355,500

162,400

161,800

Use Of Money And Property Interest Revenues

7,604

12,808

-

-

-

-

Total Revenues

$

415,058

$

432,108

$

355,500

$

355,500

$

162,400

$

161,800

Expenditures:

TIF Rebate

246,670

259,775

194,500

194,500

-

-

Transfers Out:

TIF Debt Transfers Out

160,106

161,031

161,000

161,000

162,400

161,800

Total Expenditures & Transfers Out

$

406,776

$

420,806

$

355,500

$

355,500

$

162,400

$

161,800

Fund Balance, June 30

62,705

74,007

55,255

74,007

74,007

74,007

Restricted / Committed /Assigned

47,651 15,054

47,651 26,356

47,651

47,651 26,356

47,651 26,356

47,651 26,356

Unassigned Balance

$

$

$

7,604

$

$

$

Foster Road (2616) Fund Summary

2023

2024

2025

2025

2026

2027

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$

123,055

$

247,678

$

373,808

$

397,080

$

523,380

$

649,780

Revenues:

Other City Taxes TIF Revenues

261,317

288,826

280,600

280,600

280,900

280,900

Use Of Money And Property Interest Revenues

7,369

19,430

-

-

-

-

Total Revenues

$

268,686

$

308,256

$

280,600

$

280,600

$

280,900

$

280,900

Expenditures:

TIF Rebate

143,724

158,854

154,300

154,300

154,500

154,500

Transfers Out:

TIF Debt Transfers Out

339

-

-

-

-

-

Total Expenditures & Transfers Out

$

144,063

$

158,854

$

154,300

$

154,300

$

154,500

$

154,500

Fund Balance, June 30

247,678

397,080

500,108

523,380

649,780

776,180

Restricted / Committed /Assigned

247,678

397,080

500,108

523,380

649,780

776,180

Unassigned Balance

$

-

$

-

$

-

$

-

$

-

$

-

410