Final FY25 Adopted 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 $540,600 in fiscal year 2025, which is a decrease of 50.1% from the fiscal year 2024 revised budget of $1.1 million. There is an average decrease of 9.0% over the last five years. Both of these decreases are due to sales of homes within the UniverCity and South District home programs. 9. Transfers In - The category is budgeted at $13.8 million in fiscal year 2025. This includes an approximate $13.5 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 2022 Actual

2023 Actual

2024 Revised

2025 Budget

2026 Projected

Personnel

$ 44,708,975 47,046,833 $

$ 51,303,658

$ 54,600,094

$ 53,009,800

Services

11,551,445 12,114,439

24,513,112

13,158,042

12,901,130

Supplies

1,698,539 1,773,730

2,156,345

2,266,518

2,183,069

Capital Outlay

2,874,676 2,259,003

6,925,309

1,612,000

1,598,700

Contingency

-

-

1,072,000

1,716,200

1,400,200

60,833,635 63,194,005

85,970,424

73,352,854

Sub-total Expenditures:

71,092,899

Transfers Out

12,229,481 13,185,144

9,500,880

8,763,100

16,932,800

Total Expenditures & Transfers Out

$ 73,063,116 76,379,149 $ $ 95,471,304

$ 82,115,954

$ 88,025,699

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