Master Proposed Book FY2023

Transit (7150 - 7151) Fund Summary

2019

2020

2021

2022

2023

2024

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

11,623,123 $

6,159,100 $

6,576,920 $

6,914,357 $

8,519,509 $

12,215,022 $

Revenues:

Use Of Money And Property Interest Revenues

$

50,000 165,000

$

137,651 137,562

$

103,672 152,123

$

29,829 89,102

$

50,000 130,050

$

50,000 165,000

Rents

Intergovernmental

2,043,467

Federal Ingergovernmental Revenue

1,692,952

2,562,895

2,542,456

8,590,049

2,043,467

-

State 28E Agreements Other State Grants Local 28E Agreements

-

52,611 531,641 60,186

3,805

-

-

562,530 40,270

456,467 37,749

562,529 41,787

531,640 39,140

562,530 40,270

Charges For Fees And Services Transit Fees

1,409,590

1,220,379

968,974

668,695

1,220,390

1,409,590

Miscellaneous Charges For Services

700

910

-

700

-

700

Parking Charges

751,300

774,165

621,013

584,545

747,110

751,300

Miscellaneous

- -

Printed Materials

-

15

- -

- -

- -

Miscellaneous Merchandise Other Miscellaneous Revenue

1,183

-

69,000

76,738

61,468

74,903

52,020

69,000

Other Financial Sources Sale Of Assets

-

23

9

16,245

-

-

Sub-Total Revenues

5,091,857

4,535,779

5,114,607

4,614,597

11,360,399

5,091,857

Transfers In:

4,110,999

Transit Property Tax Levy

3,563,749 3,152,097 6,715,846

3,660,631 1,380,922 5,041,553

4,076,795 1,178,397 5,255,192

4,142,112

4,092,847

280,000

Capital Reserves

885,433

280,000

Sub-Total Transfers In

4,390,999

5,027,545

4,372,847

Total Revenues & Transfers In

9,482,856 $

11,251,625 $

10,156,160 $

9,869,789 $

16,387,944 $

9,464,704 $

Expenditures:

$

684,875

Transit Admin

$

444,131

$

501,285

$

559,645

$

588,589

$

700,863

6,008,810 1,572,463

Transit Operations Fleet Maintenance

5,336,491 1,453,355

5,881,294 1,372,252

4,751,461 1,286,622

5,905,746 1,553,878

6,166,886 1,610,624

224,809

Court St Transportation Center

212,632

218,120 312,957

216,728 21,785

224,934

229,666

-

Replacement Reserve Sub-Total Expenditures

-

4,005,750 12,278,896

-

8,490,957

7,446,609

8,285,908

6,836,241

8,708,039

Transfers Out:

120,000 280,000 400,000

Capital Project Fund

235,099

151,894

250,000

120,000 885,433

5,120,000

Capital Reserves

3,152,097 3,387,196

1,380,922 1,532,815

1,178,397 1,428,397

280,000

Sub-Total Transfers Out

1,005,433

5,400,000

Total Expenditures & Transfers Out

8,890,957 $ 12,215,022 $

10,833,805 $ 6,576,920 $

9,818,723 $ 6,914,357 $

8,264,638 $ 8,519,509 $

13,284,329 $ 11,623,123 $

14,108,039 $ 7,571,688 $

Fund Balance, June 30

6,408,312

Restricted / Committed /Assigned

3,929,573

4,997,537

6,231,349

6,128,312

1,688,312

5,806,710 $

Unassigned Balance

5,494,811 $

5,883,376 $

2,647,348 $

1,916,820 $

2,288,160 $

%of Revenues & Transfers In

61%

24%

19%

23%

34%

62%

450