FY27 Proposed Budget

8. Other Financing Sources – Other financing sources include a limited number of special transactions that are used to account for non-operating revenues/receipts such as the proceeds from a loan or the sale of an asset. Other Financing Sources are budgeted at $510,100 in fiscal year 2027, which is a decrease of 3.7% from the fiscal year 2026 revised budget of $529,500. There is an average increase of 12.4% over the last five years. Both of these changes are due to sales of homes within the UniverCity and South District home programs. 9. Transfers In - The category is budgeted at $14.89 million in fiscal year 2027. This includes an approximate $14.0 million transfer-in of the Employee Benefits Levy from the Employee Benefits Fund. This category also includes General Fund intra-fund transfers to equipment replacement reserves and transfers in from other funds to support specific staff positions and expenditures.

B. General Fund Expenditures Expenditures & Transfers Out 2024 Actual

2025 Actual

2026 Revised

2027 Budget

2028 Projected

Personnel

$ 49,263,321

$ 50,414,744

$ 55,035,300

$ 58,581,600

$ 56,874,900

Services

13,619,197

16,532,029

19,290,900

14,383,100

14,101,000

Supplies

1,917,868

2,040,896

2,503,100

2,210,210

2,166,900

Capital Outlay

6,636,099

1,553,299

1,168,600

1,145,000

1,166,500

Contingency

-

-

1,021,600

757,300

735,200

71,436,485

70,540,968

79,019,500

77,077,210

Sub-total Expenditures:

75,044,500

Transfers Out

8,417,576

7,239,943

34,321,300

8,614,300

10,089,700

Total Expenditures & Transfers Out

$ 79,854,061 $ 77,780,911 113,340,800 $

$ 85,691,510

$ 85,134,200

287