FY26 Proposed Budget

T he Equipment Fund’s unassigned fund balance is budgeted to increase in fiscal year 2025 by $131,850 or 5.2% from fiscal year 2024 to $2,650,946. This budgeted increase is due to chargebacks expected to be greater than expenses. Unassigned fund balance is projected to start increasing in future years as well to $2,698,746 in fiscal year 2026 and $2, 705,877 in fiscal year 2027. These increases are also due to the chargebacks expected to be greater than the expenses. Total fund balance is projected to be $21,980,774 in fiscal year 2025, a decrease of $1,214,492 or 5.2% over the previous fiscal year. The decrease in fund balance is due to the carryover of equipment that was ordered in previous years but won’t be received until fiscal year 2025 . In fiscal year 2026, the total fund balance is expected to decrease by $7,264,900 or 31.3.% which is due to the construction of a new equipment maintenance facility. Fund balance growth is expected to increase in fiscal year 2027 due to the previously mentioned chargebacks being greater than anticipated expenses.

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