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Item 6B
CITY OF SOUTHLAKE MEMORANDUM September 10, 2024 To: Alison Ortowski, City Manager From: Sharen Jackson, Chief Financial Officer Item 6B Subject: Ordinance No. 1287 2nd Reading, Approving, and adopting the Annual Budget for the Fiscal Year 2025 and approving the revised budget figures for the Fiscal Year 2024. Action Requested: The purpose of this item is to seek Council approval and adoption of the FY 2025 annual budget and the revised budget figures for the FY 2024 annual budget. Background Information: The FY 2025 budget and the revised budget for FY 2024 are presented to the City Council for consideration. This budget summarizes the plan of municipal operations for the fiscal year that begins October 1, 2024. The proposed budget was presented to the City Council during the City Council work session on August 20th and via the staff's budget video. The summary budget information presented and attached to Ordinance No. 1287 reflects the information presented during the budget work session. Financial Considerations: The proposed budget consists of many funds. The attached fund summary details the funds, including revenue projections, proposed expenditures, and ending fund balance. The FY 2025 total proposed budget for all funds includes projected revenues of $149,279,451 and total expenditures of $130,513,434 which is a 3.0% increase over FY 2024 adopted budget. The budget proposes a tax rate reduction of $0.014 with a proposed tax rate of $0.305. Strategic Link: F1 Safeguarding the public trust through a commitment to thoughtful planning and responsible, conservative financial management. Citizen Input/ Board Review: Public hearing is scheduled for September 3rd and September 17tn Legal Review: None required Alternatives: In the absence of approving and adopting the proposed budget for FY 2025, per the City Charter, the amount appropriated for the current fiscal year shall be deemed adopted for the ensuing fiscal year on a month -to -month basis with all items in it pro -rated accordingly until such time as the Council adopts a budget for the ensuing fiscal year. Supporting Documents: Ordinance No. 1287 Fiscal Year 2025 Proposed Budget and Fiscal Year 2024 Budget summary Staff Recommendation: Approval of Ordinance No. 1287, 2nd reading, adopting, and approving the Annual Budget for Fiscal Year 2025 and approving the revised budget figures for the Fiscal Year 2024. ORDINANCE NO. 1287 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, APPROVING REVISED BUDGET FIGURES FOR FISCAL YEAR 2024; APPROVING AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND TERMINATING SEPTEMBER 30, 2025, AND MAKING APPROPRIATIONS FOR EACH DEPARTMENT, PROJECT, AND ACCOUNT; REPEALING CONFLICTING ORDINANCES; PROVIDING A SAVINGS AND SEVERABILITY CLAUSE; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Manager has prepared a revision of certain figures in the 2024 budget and submitted same to the City Council; and, WHEREAS, the City Manager of the City of Southlake, Texas (hereinafter referred to as the "City") has caused to be filed with the City Secretary a budget to cover all proposed expenditures of the government of the City for the fiscal year beginning October 1, 2024, and ending September 30, 2025, (hereinafter referred to as the "Budget"); and WHEREAS, the Budget, a copy of which is attached hereto and incorporated herein for all purposes, shows as definitely as possible each of the various projects for which appropriations are set up in the Budget, and the estimated amount of money carried in the Budget for each of such projects; and WHEREAS, the Budget has been filed with the City Secretary for at least thirty (30) days and available for inspection by any taxpayer; and WHEREAS public notice of public hearing on the proposed annual budget, stating the date, time, place, and subject matter of said public hearing, was given as required by the Charter of the City of Southlake and the laws of the State of Texas; and WHEREAS, such public hearing was held on September 17, 2024, prior approval of such date being hereby ratified and confirmed by the City Council, and all those wishing to speak on the Budget were heard; and WHEREAS, the City Council has studied the Budget and listened to the comments of the taxpayers at the public hearing held therefore and has determined that the Budget attached hereto is in the best interest of the city. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: Section 1. That all the above premises are found to be true and correct and are incorporated into the body of this Ordinance as if copied in their entirety. Section 2. That the revised figures, prepared and submitted by the City Manager for the 2024 budget, be, and the same are hereby, in all things, approved and appropriated, and any necessary transfers between accounts and departments are hereby authorized, approved, and appropriated. Section 3. That the Budget attached hereto and incorporated herein for all purposes is adopted for the Fiscal Year beginning October 1, 2024 and ending September 30, 2025; and there is hereby appropriated from the funds indicated such projects, operations, activities, purchases and other expenditures as proposed in the Budget. Section 4. That the City Manager shall file or cause to be filed a true and correct copy of the approved Budget, along with this ordinance, with the City Secretary and in the office of the County Clerks of Denton and Tarrant County, Texas, as required by State law. Section 5. That all ordinances, resolutions, rules, regulations, policies, or provisions in conflict with the provisions of this Ordinance are hereby repealed and rescinded to the extent of conflict herewith. Section 6. If any section, article, paragraph, sentence, clause, phrase or word in this Ordinance, or application thereto any person or circumstances is held invalid or unconstitutional by a Court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this Ordinance; and the City Council hereby declares it would have passed such remaining portions of this Ordinance despite such invalidity, which remaining portions shall remain in full force and effect. Section 7. That the necessity of adopting and approving a proposed budget for the next fiscal year as required by the laws of the State of Texas requires that this Ordinance shall take effect immediately from and after its passage, and it is accordingly so ordained. PASSED AND APPROVED on first reading this day of , 2024. Shawn McCaskill, Mayor ATTEST: Amy Shelley City Secretary PASSED AND APPROVED ON second reading this day of .2024. Shawn McCaskill, Mayor ATTEST: Amy Shelley City Secretary APPROVED AS TO FORM: City Attorney Date: Adopted: Effective: ALL FUNDS SUMMARY 2025 Proposed and 2024 Revised Budget 03'12 PM 08128/24 REVENUES Ad Valorem Taxes 2023 Actual $32,465,552 2024 Adopted $34,002,950 2024 Amended $ Increase/ (Decrease) Adopted ($965,300) % Increase/ -Decrease -2.8% 2025 Proposed $Increase/ (Decrease) Adopted $738,075 % Increase/ -Decrease 2.2% $33,037,650 $34,741,025 Sales Tax 45,731,162 39,653,500 42,880,808 3,227,308 8.1% 43,739,684 4,086,184 10.3% Hotel Tax 2,185,990 2,090,500 2,290,000 199,500 9.5% 2,347,250 256,750 12.3% Franchise Fees 3,656,895 2,973,106 3,348,860 375,754 12.6% 3,453,329 480,223 16.2% Fines 814,702 811,500 805,000 (6,500) -0.8% 806,500 (5,000) -0.6% Charges for Services 6,060,530 6,179,011 5,994,067 (184,944) -3.0% 6,326,081 147,070 2.4% Rental Income 116,436 153,824 153,824 0 0.0% 153,824 0 0.0% Permits/Fees 2,288,702 1,594,100 1,726,500 132,400 8.3% 1,509,100 (85,000) -5.3% Miscellaneous 1,541,319 1,000,900 1,215,917 215,017 21.5% 997,000 (3,900) -0.4% Water Sales -residential 19,593,266 19,000,400 19,000,400 0 0.0% 19,000,400 0 0.0% Water Sales -commercial 5,454,118 5,400,200 5,400,200 0 0.0% 5,400,200 0 0.0% Stormwater-residential 924,872 924,300 926,000 1,700 0.2% 927,050 2,750 0.3% Stormwater-commercial 681,692 687,000 689,100 2,100 0.3% 692,500 5,500 0.8% Wastewater Sales 9,213,426 12,576,000 9,450,000 (3,126,000) -24.9% 11,000,000 (1,576,000) -12.5% Sanitation Sales 2,812,989 2,729,700 2,729,700 0 0.0% 2,856,450 126,750 4.6% Other Utility Charges 430,861 280,800 340,000 59,200 21.1% 280,800 0 0.0% TIF District 9,834,043 9,562,948 10,470,200 907,352 9.5% 9,605,358 42,510 0.4% Interest Income 5,322,327 2,916,570 5,457,800 2,541,230 87.1% 5,442,900 2,526,330 86.6% Total Revenues $149.128.882 142.537.209 145.916.02 3.378.817 2.4% 149.279.451 6 24 4.7% EXPENDITURES City Secretary $589,328 $667,578 $662,578 ($5,000) -0.7% $672,400 $4,822 0.7% Human Resources 960,971 1,080,100 980,739 (99,361) -9.2% 1,074,739 -5,361 -0.5% City Manager 1,107,935 1,207,580 1,245,953 38,373 3.2% 1,282,875 75,295 6.2% Information Technology 5,549,861 5,709,004 5,700,004 (9,000) -0.2% 6,210,561 501,557 8.8% Communications 640,520 791,673 781,257 (10,416) -1.3% 905,509 113,836 14.4% Support Services 2,030,628 2,361,735 2 707 487 345 752752 14.6% 2,429,092 67357 2.9 % General Gov Total $10,879.243 $11,817.670 $12,078.018 $260,348 2.2% $12,575,176 $757,506 6.4% Finance 1,851,521 2,173,778 2,208,399 34,621 1.6% 2,265,952 92,174 4.2% Municipal Court 799,733 888,133 804,413 (83,720) -9.4% 794,143 (93,990) -10.6% Teen Court 145 252252 176 673673 176 673 to 0.0% 184485 7,812 4.4 % Finance Total $2,798, $3,238.5 $3,189,485 ($49.099) -1.5% $3,244,580 $5,996 0.2% Fire 11,801,776 12,059,313 12,701,373 642,060 5.3% 12,640,044 580,731 4.8% Police 8,389,459 9,043,654 9,197,935 154,281 1.7% 9,393,419 349,765 3.9% Public Safety Support 1,581,563 1,867,695 1,867,695 0 0.0% 1,865,056 (2,639) -0.1 % Public Safety Total $21,772.798 $22,970,662 $23,767,003 $796,341 3.5% $23,898,519 $927,857 4.0% Streets/Drainage 1,163,499 1,449,925 1,501,170 51,245 3.5% 1,466,904 16,979 1.2% Public Works Admin 2,243,584 2,578,747 2,527,126 (51,621) -2.0% 2,643,173 64,426 2.5% Facility Maintenance 1,871,709 1,844,665 1,856,544 11,879 0.6% 1,833,403 (11,262) -0.6% Utility Billing 661,333 738,361 738,361 0 0.0% 729,291 (9,070) -1.2% Water 14,455,797 15,533,392 15,293,054 (240,338) -1.5% 15,099,544 (433,848) -2.8% Wastewater 5,056,553 9,693,123 7,108,123 (2,585,000) -26.7% 7,905,091 (1,788,032) -18.4% Sanitation 2,180,797 2,142,000 2,127,067 (14,933) -0.7% 2,222,785 80785 3.8% Public Works Total $27,633,2j2 $33,980,213 $31,161,445 ($2.828.768) -8.3% $31,900,191 ($2.080.022) -6.1% Building Inspections 1,209,318 1,374,054 1,351,020 (23,034) -1.7% 1,436,730 62,676 4.6% Planning 1,245,421 1,331,690 1,299,854 (31,836) -2.4% 1,227,780 (103.910) -7.8% Planning and Dev Total $2,454,j$9 $2,706,744 $2,650,874 ($54,8701 -2.0% $2,664,510 ($41,2341 -1.5% Economic Development 335 511511 397 162162 465 803803 68 641 17.3% 583 626626 186464 46.9% Economic Dev. Total S335.511 $397,162 $465,803 $68,641 17.3% $683,626 $186,464 46.9% Community Services 1,346,557 1,692,366 1,652,053 (40,313) -2.4% 1,531,077 (161,289) -9.5% Parks and Recreation 6,212,315 7,603,063 7,501,480 (101,583) -1.3% 8,427,437 824,374 10.8% Library Services 1,147.395 1,362,461 1,331,615 (30,846) -2.3% 1,280,886 (81,575) -6.0% Community Svcs. Total $8,706.267 $10,657.890 $10.485.148 1 ($172.742) -1.6% $11.239.400 1 581,510 5.5% EXPENDITURES. cons. TIF District 8,430,787 7,219,629 7,812,850 593,221 100.0% 8,148,391 928,762 12.9% Crime Control District 2,208,958 2,217,238 2,234,920 17,682 0.8% 2,742,607 525,369 23.7% Vehicle Replacement 2,113,772 5,496,401 2,352,384 (3,144,017) -57.2% 6,869,876 1,373,475 25.0% Court Security 32,401 80,520 80,100 (420) -0.5% 82,406 1,886 2.3% Court Technology 55,771 26,530 26,530 0 0.0% 35,280 8,750 33.0% Stormwater Utility District 522,694 609,913 609,913 0 0.0% 617,842 7,929 1.3% ALL FUNDS SUMMARY 2025 Proposed and 2024 Revised Budget 03'12 PM 08128/24 Strategic Initiative 2023 Actual 1,285,874 2024 Adopted 556,996 2024 Amended $ Increase/ (Decrease) Adopted 0 % Increase/ -Decrease 0.0% 2025 Proposed $Increase/ (Decrease) Adopted (294,068) % Increase/ -Decrease 52.8% 556,996 262,928 Hotel Occupancy Tax 869,635 1,143,044 1,143,044 0 0.0% 1,548,118 405,074 35.4% Public Art 63,492 77,546 73,246 (4,300) -5.5% 75,800 (1,746) -2.3% Red Light Camera 105,035 126,205 126,205 0 0.0% 50,000 (76,205) -60.4% Facility Maintenance 183,316 761,296 761,296 0 0.0% 799,000 37,704 5.0% Commercial Vehicle Enforcement 155,912 174,750 174,750 0 0.0% 205,660 30,910 17.7% Economic Investmest 0 0 0 0 0.0% 0 0 0.0% Community Enhancment Dev Corp 5,120,871 7,228,361 7,228,361 0 0.0% 7,210,086 (18,275) -0.3% Debt Service 15,054,809 15,285,575 15,509,350 223775775 1.5% 15,759,438 473863 3.1% Total Expenditures 110.781. 126.771.929 122.477.721 ($4.294.2081 -3.4%1 3.0% Net Revenues Bond/Insurance Proceeds $0 $0 $0 $0 $0 $0 Transfers In $23,421,146 $16,294,538.00 $23,136,552.60 $6,842,015 $19,306,336.84 $3,011,799 Transfers Out ($58.056.416) ($39.620.039) ($46.462.054) ($6.842.015) ($37.806.337) $1,813,702 Total Other Sources (Uses) ($34.6352701 (123,325,5011 (e3�r, r,011 (M ($18.500.0001 $4,925,501 Net change in w1c components $0 $0 $0 $0 Beginning Fund Balance $140,841,114 $144,553,063 $144,553,063 $144,665,866 Prior Period Adjustment s0 $0 $0 $0 Residual Equity Transfer 50 �_o SO Ending Fund Balance 1144&&5M t144&a1= PROPOSED BUDGET2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/CATEGORY 2024 2024 2025 $Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease FUND Actual Budget Budget Budget Adopted Adopted General Fund Personnel 34,837,748 38,204,607 38,195,847 39,481,545 1,276,938 3.3% Operations 12,931,336 14,407,016 15,280,794 15,008,306 601,290 4.2% Capital Outlay 0 13,500 13,500 0 (13,500) -100.0% Total 47,769,084 52,625,123 53,490,141 54,489,851 1,864,728 3.5% Utility Fund Personnel 2,826,422 3,224,358 3,224,358 3,217,748 (6,610) -0.2% Operations 19,497,014 24,876,518 22,036,247 22,611,963 (2,264,555) -9.1% Capital Outlay 25,344 0 0 121,000 121,000 403333266.7% Debt Service 3,082,887 3,277,304 3,277,304 3,633,848 356,544 10.9% Total 25,431,667 31,378,180 28,537,909 29,584,559 (1,793,621) -5.7% Stormwater District Personnel 208,016 271,928 271,928 279,857 7,929 2.9% Operations 314,678 337,985 337,985 337,985 0 0.0% Capital Outlay 0 0 0 0 0 0.0% Total 522,694 609,913 609,913 617,842 7,929 1.3% Debt Service Fund Debt Service 6,738,299 6,769,139 6,992,914 7,068,770 299,631 4.4% Total 6,738,299 6,769,139 6,992,914 7,068,770 299,631 4.4% Special Revenue - Reforestation Fund Operations 0 35,000 35,000 35,000 0 0.0% Capital Outlay 0 0 0 0 0 0.0% Total 0 35,000 35,000 35,000 0 0.0% Facilitv Maintenance Operations 121,116 0 0 0 0 0.0% Capital Outlay 62,200 761,296 761,296 799,000 37,704 5.0% Total 183,316 761,296 761,296 799,000 37,704 5.0% Special Revenue - Park Dedication Operations 0 0 0 0 0 0.0% Capital Outlay 0 0 0 60,000 60,000 0.0% Total 0 0 0 60,000 60,000 299999950.0% Special Revenue - Parks and Recreation Operations 20,268 87,500 87,500 87,500 0 0.0% Capital Outlay 0 0 0 0 0 0.0% Total 20,268 87,500 87,500 87,500 0 0.0% Special Revenue- Library Donation Fund Operations 7,929 8,000 8,000 15,000 7,000 87.5% Capital Outlay 0 0 0 0 0 0.0% Total 7,929 8,000 8,000 15,000 7,000 87.5% TIF Fund Personnel 389,746 378,694 378,694 344,695 (33,999) -9.0% Operations 7,097,435 6,840,935 7,434,156 7,803,696 962,761 14.1% Capital Outlay 943,606 0 0 0 (0) 0.0% Total 8,430,787 7,219,629 7,812,850 8,148,391 928,762 12.9% PROPOSED BUDGET2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/CATEGORY 2024 2024 2025 $Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease FUND Actual Budget Budget Budget Adopted Adopted Crime Control District Fund Personnel 1,521,608 1,945,137 1,857,237 2,177,551 232,414 11.9% Operations 349,102 272,101 377,683 565,056 292,955 107.7% Capital Outlay 338,248 0 0 0 (0) 100.0% Total 2,208,958 2,217,238 2,234,920 2,742,607 525,369 23.7% SPDC Fund Personnel 276,393 629,827 624,931 646,846 17,019 2.7% Operations 1,355,669 1,727,570 1,727,570 1,890,676 163,106 9.4% Capital Outlay 291,744 472,500 472,500 1,082,000 609,500 129.0% Debt Service 2,789,417 2,788,576 2,788,576 2,611,789 (176,787) -6.3% Total 4,713,223 5,618,473 5,613,577 6,231,311 612,838 10.9% Strategic Initiative Fund Capital Outlay 1,285,874 556,996 556,996 262,928 29( 4.068) -52.8% Total 1,285,874 556,996 556,996 262,928 (294,068) -52.8% Vehicle ReDlacement Capital Outlay 2,113,772 5,496,401 2,352,384 6,869,876 1,373,475 25.0% Total 2,113,772 5,496,401 2,352,384 6,869,876 1,373,475 25.0% Hotel Occupancv Fund Personnel 283,703 303,542 303,542 290,823 (12,719) -4.2% Operations 585,932 839,502 839,502 1,257,295 417,793 49.8% Capital Outlay 0 0 0 0 0 0.0% Total 869,635 1,143,044 1,143,044 1,548,118 405,074 35.4% Court Securitv Fund Personnel 20,218 64,750 64,750 66,846 2,096 3.2% Operations 12,183 15,770 15,350 15,560 (210) -1.3% Capital Outlay 0 0 0 0 0 0.0% Total 32,401 80,520 80,100 82,406 1,886 2.3% Court Technoloav Fund Operations 55,771 26,530 26,530 35,280 8,750 33.0% Capital Outlay 0 0 0 0 0 0.0% Total 55,771 26,530 26,530 35,280 8,750 33.0% Recvclina Fund Operations 5 700 6 000 6 000 6 000 0 0.0% Total 5,700 6,000 6,000 6,000 0 0.0% Red Light Camera Fund Personnel 0 0 0 0 0 0.0% Operations 105,035 126,205 126,205 50,000 (76,205) -60.4% Capital Outlay 0 0 0 0 0 0.0% Total 105,035 126,205 126,205 50,000 (76,205) -60.4% Public Art Fund Operations 63,492 77,546 73,246 75,800 (1,746) -2.3% Capital 0 0 0 0 0 0.0% Total 63,492 77,546 73,246 75,800 (1,746) -2.3% Commercial Vehicle Enforcement Fund Personnel 146,617 161,151 161,151 181,335 20,184 12.5% Operations 9,295 13,599 13,599 24,325 10,726 78.9% Capital Outlay 0 0 0 0 0 0.0% Total 155,912 174,750 174,750 205,660 30,910 17.7% CEDC Fund Personnel 2,744,541 3,299,698 3,270,505 3,575,322 275,624 8.4% Operations 2,196,227 2,520,354 2,549,547 2,891,268 370,914 14.7% Capital Outlay 0 0 0 0 0 0.0% Debt Service 2,444,206 2,450,556 2,450,556 2,445,031 (5,525) -0.2% Total 7,384,974 8,270,608 8,270,608 8,911,621 641,013 7.8% CEDC REPLACEMENT Capital 180,103 1,408,309 1,408,309 743,496 66( 4.813) -47.2% Total 180,103 1,408,309 1,408,309 743,496 (664,813) -47.2% PROPOSED BUDGET2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/CATEGORY 2024 2024 2025 $Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease FUND Actual Budget Budget Budget Adopted Adopted Economic Investment Fund Operations 0 0 0 0 0 0.0% Capital 0 0 0 0 0 0.0% Total 0 0 0 0 0 0.0% Special Revenue - Police Services Operations 72,854 57,426 57,426 21,030 (36,396) -63.4% Capital 13,257 0 0 0 0 0.0% Total 86,111 57,426 57,426 21,030 (36,396) -63.4% Technoloav Infrastructure and Securitv Fund Operations 1,203,178 804,812 804,812 1,186,973 382,161 47.5% Capital 1,213,480 1,213,291 1,213,291 634,415 (578,876) -47.7% Total 2,416,658 2,018,103 2,018,103 1,821,388 (196,715) -9.7% GRAND TOTAL ALL FUNDS 110,781,663 126,771,929 122,477,721 130,513,434 3,741,505 3.0% EXPENDITURE CATEGORY Personnel 43,255,012 48,483,692 48,352,943 50,262,568 1,778,876 3.7% Operations 46,004,214 53,080,369 51,837,152 53,918,713 838,344 1.6% Capital Outlay 6,467,628 9,922,293 6,778,276 10,572,715 650,422 6.6% Debt Service 15,054,809 15,285,575 15,509,350 15,759,438 473,863 3.1% GRAND TOTAL ALL FUNDS 110,781,663 126,771,929 122,477,721 130,513,434 3,741,505 3.0% PROPOSED BUDGET 2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/DIVISION/CATEGORY 2024 2024 2025 $ Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease GENERAL FUND Actual Budget Budget Budget Adopted Adopted Citv Secretarv/Mavor/Council Personnel 467,893 502,559 502,559 522,147 19,588 3.9% Operations 121,435 165,019 160,019 150,253 (14,766) -8.9% Capital Outlay 0 0 0 0 0 0.0% Total 589,328 667,578 662,578 672,400 4,822 0.7% Human Resources Personnel 765,280 838,671 740,588 839,978 1,307 0.2% Operations 195,691 241,429 240,151 234,761 (6,668) -2.8% Capital Outlay 0 0 0 0 0 0.0% Total 960,971 1,080,100 980,739 1,074,739 (5,361) -0.5% Citv Manaaer's Office Personnel 1,072,890 1,162,407 1,204,520 1,235,493 73,086 6.3% Operations 35,045 45,173 41,433 47,382 2,209 4.9% Capital Outlay 0 0 0 0 0 0.0% Total 1,107,935 1,207,580 1,245,953 1,282,875 75,295 6.2% Support Services Personnel 658,042 968,100 861,740 889,555 (78,545) -8.1% Operations 1,372,586 1,393,635 1,845,747 1,539,537 145,902 10.5% Capital Outlay 0 0 0 0 0 0.0% Total 2,030,628 2,361,735 2,707,487 2,429,092 67,357 2.9% Communications Personnel 523,006 625,338 614,922 715,898 90,560 14.5% Operations 117,514 166,335 166,335 189,611 23,276 14.0% Capital Outlay 0 0 0 0 0 0.0% Total 640,520 791,673 781,257 905,509 113,836 14.4% Information Technoloav Personnel 1,118,053 1,279,931 1,279,931 1,464,829 184,898 14.4% Operations 2,015,150 2,410,970 2,401,970 2,924,344 513,374 21.3% Capital Outlay 0 0 0 0 0 0.0% Total 3,133,203 3,690,901 3,681,901 4,389,173 698,272 18.9% Finance Personnel 1,453,993 1,707,215 1,741,836 1,825,427 118,212 6.9% Operations 397,528 466,563 466,563 440,525 (26,038) -5.6% Capital Outlay 0 0 0 0 0 0.0% Total 1,851,521 2,173,778 2,208,399 2,265,952 92,174 4.2% Municipal Court Personnel 694,120 774,924 693,588 697,308 (77,616) -10.0% Operations 105,613 113,209 110,825 96,835 (16,374) -14.5% Capital Outlay 0 0 0 0 0 0.0% Total 799,733 888,133 804,413 794,143 (93,990) -10.6% Teen Court Personnel 136,724 161,658 161,658 169,745 8,087 5.0% Operations 8,528 15,015 15,015 14,740 (275) -1.8% Capital Outlay 0 0 0 0 0 0.0% Total 145,252 176,673 176,673 184,485 7,812 4.4% PROPOSED BUDGET 2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/DIVISION/CATEGORY 2024 2024 2025 $ Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease GENERAL FUND Actual Budget Budget Budget Adopted Adopted Fire Services Personnel 10,916,192 11,100,088 11,602,298 11,572,774 472,686 4.3% Operations 885,584 959,225 1,099,075 1,067,270 108,045 11.3% Capital Outlay 0 0 0 0 0 0.0% Total 11,801,776 12,059,313 12,701,373 12,640,044 580,731 4.8% Police Services Personnel 7,244,480 7,988,210 7,947,664 8,163,333 175,123 2.2% Operations 1,058,868 998,018 1,192,845 1,209,056 211,038 21.1% Capital Outlay 0 0 0 0 0 0.0% Total 8,303,348 8,986,228 9,140,509 9,372,389 386,161 4.3% Public Safetv Support Personnel 0 0 0 0 0 0.0% Operations 1,581,563 1,867,695 1,867,695 1,865,056 (2,639) -0.1% Capital Outlay 0 0 0 0 0 0.0% Total 1,581,563 1,867,695 1,867,695 1,865,056 (2,639) -0.1% Buildina Inspection Personnel 1,144,564 1,243,964 1,220,930 1,321,765 77,801 6.3% Operations 64,754 130,090 130,090 114,965 (15,125) -11.6% Capital Outlay 0 0 0 0 0 0.0% Total 1,209,318 1,374,054 1,351,020 1,436,730 62,676 4.6% Streets/Drainage Personnel 612,523 878,016 884,329 928,737 50,721 5.8% Operations 550,976 558,409 603,341 538,167 (20,242) -3.6% Capital Outlay 0 13,500 13,500 0 (13,500) -100.0% Total 1,163,499 1,449,925 1,501,170 1,466,904 16,979 1.2% Facilitv Maintenance Personnel 556,864 590,313 595,235 608,090 17,777 3.0% Operations 1,314,845 1,254,352 1,261,309 1,225,313 (29,039) -2.3% Capital Outlay 0 0 0 0 0 0.0% Total 1,871,709 1,844,665 1,856,544 1,833,403 (11,262) -0.6% Public Works Administration Personnel 1,543,311 1,799,863 1,746,034 1,904,252 104,389 5.8% Operations 700,273 778,884 781,092 738,921 (39,963) -5.1% Capital Outlay 0 0 0 0 0 0.0% Total 2,243,584 2,578,747 2,527,126 2,643,173 64,426 2.5% Planning Personnel 1,200,128 1,274,020 1,242,184 1,169,312 (104,708) -8.2% Operations 45,293 57,670 57,670 58,468 798 1.4% Capital Outlay 0 0 0 0 0 0.0% Total 1,245,421 1,331,690 1,299,854 1,227,780 (103,910) -7.8% Economic Development Personnel 287,946 321,800 390,441 503,256 181,456 56.4% Operations 47,565 75,362 75,362 80,370 5,008 6.6% Capital Outlay 0 0 0 0 0 0.0% Total 335,511 397,162 465,803 583,626 186,464 46.9% Communitv Services Personnel 959,753 1,206,563 1,163,904 1,170,638 (35,925) -3.0% Operations 386,804 485,803 488,149 360,439 (125,364) -25.8% Capital Outlay 0 0 0 0 0 0.0% Total 1,346,557 1,692,366 1,652,053 1,531,077 (161,289) -9.5% PROPOSED BUDGET 2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/DIVISION/CATEGORY 2024 2024 2025 $ Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease GENERAL FUND Actual Budget Budget Budget Adopted Adopted Parks and Recreation Personnel 2,618,789 2,890,892 2,742,257 2,899,718 8,826 0.3% Operations 1,649,452 1,759,774 1,811,722 1,725,697 (34,077) -1.9% Capital Outlay 0 0 0 0 0 0.0% Total 4,268,241 4,650,666 4,553,979 4,625,415 (25,251) -0.5% Library Services Personnel 863,197 890,075 859,229 879,290 (10,785) -1.2% Operations 276,269 464,386 464,386 386,596 (77,790) -16.8% Capital Outlay 0 0 0 0 0 0.0% Total 1,139,466 1,354,461 1,323,615 1,265,886 (88,575) -6.5% TOTAL GENERAL FUND 47,769,084 52,625,123 53,490,141 54,489,851 1,864,728 3.5% PROPOSED BUDGET 2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/DIVISION/CATEGORY 2024 2024 2025 $ Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease Actual Budget Budget Budget Adopted Adopted UTILITY FUND Utilitv Billing Personnel 534,509 565,385 565,385 556,315 (9,070) -1.6% Operations 121,124 166,976 166,976 166,976 0 0.0% Capital Outlay 0 0 0 0 0 0.0% Total 655,633 732,361 732,361 723,291 (9,070) -1.2% Water Utilities Personnel 1,812,250 2,060,849 2,060,849 2,027,216 (33,633) -1.6% Operations 12,629,081 13,472,543 13,232,205 13,057,328 (415,215) -3.1 % Capital Outlay 14,466 0 0 15,000 15,000 149999900.0% Total 14,455,797 15,533,392 15,293,054 15,099,544 (433,848) -2.8% Wastewater Utilities Personnel 479,663 598,124 598,124 634,217 36,093 6.0% Operations 4,566,012 9,094,999 6,509,999 7,164,874 (1,930,125) -21.2% Capital Outlay 10,878 0 0 106,000 106,000 1059999900.0% Total 5,056,553 9,693,123 7,108,123 7,905,091 (1,788,032) -18.4% Sanitation Operations 2,180,797 2,142,000 2,127,067 2,222,785 80,785 3.8% Total 2,180,797 2,142,000 2,127,067 2,222,785 80,785 3.8% Non -Departmentalized Debt Service 3,082,887 3,277,304 3,277,304 3,633,848 356,544 10.9% Total 3,082,887 3,277,304 3,277,304 3,633,848 356,544 10.9% TOTAL UTILITY FUND 25,431,667 31,378,180 28,537,909 29,584,559 (1,793,621) -5.7% STORM WATER DISTRICT Personnel 208,016 271,928 271,928 279,857 7,929 2.9% Operations 314,678 337,985 337,985 337,985 0 0.0% Capital Outlay 0 0 0 0 0 0.0% Total 522,694 609,913 609,913 617,842 7,929 1.3% DEBT SERVICE FUND Principal 5,795,832 5,656,358 5,771,358 6,123,304 466,946 8.3% Interest 935,100 1,093,281 1,202,056 925,966 (167,315) -15.3% Administrative Expenses 7,367 19,500 19,500 19,500 0 0.0% Total 6,738,299 6,769,139 6,992,914 7,068,770 299,631 4.4% SPECIAL REVENUE REFORESTATION FUND Operations 0 35,000 35,000 35,000 0 0.0% Capital Outlay 0 0 0 0 0 0.0% Total 0 35,000 35,000 35,000 0 0.0% FACILITY MAINTENANCE Operations 121,116 0 0 0 0 0.0% Capital Outlay 62,200 761,296 761,296 799,000 37,704 5.0% Total 183,316 761,296 761,296 799,000 37,704 5.0% SPECIAL REVENUE PARK DEDICATION FUND Operations 0 0 0 0 0 0.0% Capital Outlay 0 0 0 60,000 60,000 0.0% Total 0 0 0 60,000 60,000 299999950.0% SPECIAL REVENUE PARK AND RECREATION Operations 20,268 87,500 87,500 87,500 0 0.0% Capital Outlay 0 0 0 0 0 0.0% Total 20,268 87,500 87,500 87,500 0 0.0% PROPOSED BUDGET2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/DIVISION/CATEGORY 2024 2024 2025 $ Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease Actual Budget Budget Budget Adopted Adopted SPECIAL REVENUE LIBRARY DONATION FUND Operations 7,929 8,000 8,000 15,000 7,000 87.5% Capital Outlay 0 0 0 0 0 0.0% Total 7,929 8,000 8,000 15,000 7,000 87.5% TIF FUND Personnel 389,746 378,694 378,694 344,695 (33,999) -9.0% Operations 7,097,435 6,840,935 7,434,156 7,803,696 962,761 14.1% Capital Outlay 943.606 0 - - (0) 0.0% Total 8,430,787 7,219,629 7,812,850 8,148,391 928,762 12.9% CRIME CONTROL DISTRICT FUND Personnel 1,521,608 1,945,137 1,857,237 2,177,551 232,414 11.9% Operations 349,102 272,101 377,683 565,056 292,955 107.7% Capital Outlay 338,248 0 0 0 (0) 0.0% Total 2,208,958 2,217,238 2,234,920 2,742,607 525,369 23.7% SPDC FUND Personnel 276,393 629,827 624,931 646,846 17,019 2.7% Operations & Maintenance 1,355,669 1,727,570 1,727,570 1,890,676 163,106 9.4% Capital Outlay 291,744 472,500 472,500 1,082,000 609,500 129.0% Debt Service 2,789,417 2,788,576 2,788,576 2,611,789 17( 6,787) -6.3% Total 4,713,223 5,618,473 5,613,577 6,231,311 612,838 10.9% STRATEGIC INITIATIVE FUND Capital Outlay 1,285,874 556,996 556,996 262,928 (294,068) -52.8% Total 1,285,874 556,996 556,996 262,928 (294,068) -52.8% VEHICLE REPLACEMENT Capital 2,113,772 5,496,401 2,352,384 6,869,876 1,373,475 25.0% Total 2,113,772 5,496,401 2,352,384 6,869,876 1,373,475 25.0% HOTEL OCCUPANCY FUND Personnel 283,703 303,542 303,542 290,823 (12,719) -4.2% Operations 585,932 839,502 839,502 1,257,295 417,793 49.8% Capital 0 0 0 0 0 0.0% Total 869,635 1,143,044 1,143,044 1,548,118 405,074 35.4% COURT SECURITY FUND Personnel 20,218 64,750 64,750 66,846 2,096 3.2% Operations 12,183 15,770 15,350 15,560 (210) -1.3% Capital Outlay 0 0 0 0 0 0.0% Total 32,401 80,520 80,100 82,406 1,886 2.3% COURT TECHNOLOGY FUND Operations 55,771 26,530 26,530 35,280 8,750 33.0% Capital Outlay 0 0 0 0 0 0.0% Total 55,771 26,530 26,530 35,280 8,750 33.0% RECYCLING FUND Operations 5,700 6 000 6 000 6 000 0 0.0% Total 5,700 6,000 6,000 6,000 0 0.0% PROPOSED BUDGET 2025 ALL FUNDS SUMMARY EXPENDITURES BY FUND/DIVISION/CATEGORY 2024 2024 2025 $ Increase/ % Increase/ 2023 Adopted Amended Proposed (Decrease) -Decrease Actual Budget Budget Budget Adopted Adopted RED LIGHT CAMERA FUND Personnel 0 0 0 0 0 0.0% Operations 105,035 126,205 126,205 50,000 (76,205) -60.4% Capital Outlay 0 0 0 0 0 0.0% Total 105,035 126,205 126,205 50,000 (76,205) -60.4% PUBLIC ART FUND Operations 63,492 77,546 73,246 75,800 (1,746) -2.3% Capital 0 0 0 0 0 0.0% Total 63,492 77,546 73,246 75,800 (1,746) -2.3% COMMVERICAL VEHICLE ENFORCEMENT Personnel 146,617 161,151 161,151 181,335 20,184 12.5% Operations 9,295 13,599 13,599 24,325 10,726 78.9% Capital Outlay 0 0 0 0 0 0.0% Total 155,912 174,750 174,750 205,660 30,910 17.7% CEDC FUND Personnel 2,744,541 3,299,698 3,270,505 3,575,322 275,624 8.4% Operations & Maintenance 2,196,227 2,520,354 2,549,547 2,891,268 370,914 14.7% Capital Outlay 0 0 0 0 0 0.0% Debt Service 2,444,206 2,450,556 2,450,556 2,445,031 (5,525) -0.2% Total 7,384,974 8,270,608 8,270,608 8,911,621 641,013 7.8% CEDC REPLACEMENT Capital 180,103 1,408,309 1,408,309 743,496 66( 4.813) -47.2% Total 180,103 1,408,309 1,408,309 743,496 (664,813) -47.2% ECONOMIC INVESTMENT FUND Operations 0 0 0 0 0 0.0% Capital 0 0 0 0 0 0.0% Total 0 0 0 0 0 0.0% SPECIAL REVENUE POLICE SERVICES Operations 72,854 57,426 57,426 21,030 (36,396) -63.4% Capital 13,257 0 0 0 0 0.0% Total 86,111 57,426 57,426 21,030 (36,396) -63.4% TECHNOLOGY INFRASTRUCTURE AND SECURITY FUND Operations 1,203,178 804,812 804,812 1,186,973 382,161 47.5% Capital 1,213,480 1,213,291 1,213,291 634,415 57( 8,876) -47.7% Total 2,416,658 2,018,103 2,018,103 1,821,388 (196,715) -9.7% GRAND TOTAL - ALL FUNDS 110,781,663 126,771,929 122,477,721 130,513,434 3,741,505 3.0% PROPOSED BUDGET 2025 ALL FUNDS SUMMARY Special Special Technology Special Revenue Revenue Special Storm Strategic Facility Infrastructure/ Economic Commercial Hotel Court Court Red Light Police General Utility Debt Service Revenue Park Parks/ Revenue TIF Operating Crime Control Vehicle Water Initiative Maintenance Security Investment Vehicle Occupancy Security Technology Camera Public Art Services Recycling Fund Fund Fund Reforestation Dedication Recreation Library Fund District Fund Replacement District Fund Fund Fund Fund Enforcement Fund Fund Fund Fund Fund Fund Fund CEDC Funds SPDC Funds Total Projected Revenues $58,950,524 $39,442,350 $6,383,136 $11,000 $150,000 $70,600 $4,700 $9,905,358 $2,837,000 $420,000 $1,685,550 $198,000 $432,000 $785,000 $120,000 $27,000 $2,472,250 $39,000 $31,000 $1,500 $19,000 $1,200 $8,500 $13,544,312 $11,740,472 $149,279,451 Projected Expenditures $54,489,851 $29,584,559 $7,068,770 $35,000 $60,000 $87,500 $15,000 $8,148,391 $2,742,607 $6,869,876 $617,842 $262,928 $799,000 $1,821,388 $0 $205,660 $1,548,118 $82,406 $35,280 $50,000 $75,800 $21,030 $6,000 $9,655,117 $6,231,311 $130,513,434 Net Revenues 4 460 673 9 857 791 685 634 24 000 90 000 16 900 10 300 1 756 968 94 393 ($6.449.8761 1 067 708 64 928 367 000 ($1.036.3881 120 000 178 660 924 132 43 406 280 48 500 56 800 19 830 2 500 3 889 195 5 509 161 $18.766.017 Total Other Sources (Uses) ($4,142,083) ($9,577,694) $401,762 $0 $0 $0 $0 $0 ($113,480) $3,000,000 ($869,184) ($2,400,000) $1,500,000 $1,000,000 $150,000 $250,000 ($669,728) $0 $0 $0 (29,163) 0 0 (533,572) (6,466,859) ( 18,500,000) Estimated Fund Balance/ Working Capital9/30/24 $13,650,562 $22,373,075 $2,224,733 $154,917 $1,954,669 $162,010 $20,735 $11,304,545 $5,480,471 $10,696,464 $2,119,173 $5,097,961 $12,714,002 $7,354,898 $3,495,478 $153,236 $3,798,267 $411,759 $296,866 $121,293 $518,443 $38,677 $73,478 $24,266,599 $16,183,556 $144,665,866 Estimated Fund Balance/ Working Capital 9/30/25 $13,969,152 $22,653,172 $1,940,861 $130,917 $2,044,669 $145,110 $10,435 $13,061,513 $5,461,384 $7,246,588 $2,317,697 $2,633,033 $13,847,002 $7,318,510 $3,765,478 $224,576 $4,052,671 $368,353 $292,586 $72,793 $432,481 $18,847 $75,978 $27,622,221 $15,225,857 $144,931,883 GENERAL FUND 2025 Proposed and 2024 Revised Budget 03 12 PM 08128124 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Ad Valorem Taxes $26,578,947 $28,140,607 $27,340,607 ($800,000) -2.8% $28,487,889 $347,282 1.2% Sales Tax 22,790,698 19,908,000 21,546,284 1,638,284 8.2% 21,978,469 2,070,469 10.4% Franchise Taxes 3,656,895 2,973,106 3,348,860 375,754 12.6% 3,453,329 480,223 16.2% Fines 745,696 743,500 743,000 (500) -0.1% 743,500 0 0.0% Charges for Services 1,595,804 1,582,723 1,415,575 (167,148) -10.6% 1,598,336 15,613 1.0% Permits/Fees 1,862,824 1,499,100 1,403,200 (95,900) -6.4% 1,414,100 (85,000) -5.7% Miscellaneous 802,931 349,900 614,000 264,100 75.5% 349,900 0 0.0% Interest Income 957,352 630,000 925,000 295,000 46.8% 925,000 295,000 46.8% Total Revenues $58,991,147 $55,826,936 $57,336,526 $1,509,590 2.7% $58,950,524 $3,123,588 5.6% EXPENDITURES City Secretary $589,328 $667,578 $662,578 ($5,000) -0.7% $672,400 $4,822 0.7% Human Resources 960,971 1,080,100 $980,739 (99,361) -9.2% 1,074,739 (5,361) -0.5% City Manager 1,107,935 1,207,580 1,245,953 38,373 3.2% 1,282,875 75,295 6.2% Information Technology 3,133,203 3,690,901 3,681,901 (9,000) -0.2% 4,389,173 698,272 18.9% Communications 640,520 791,673 781,257 (10,416) -1.3% 905,509 113,836 14.4% Support Services 2,030,628 2,361,735 2,707,487 345,752 14.6% 2,429,092 67357 2.9% General Gov. Total $8,462,585 $9,799,567 $10,059.91 $260,348 2.7% $10,753, $954,221 9.7% Finance 1,851,521 2,173,778 2,208,399 34,621 1.6% 2,265,952 92,174 4.2% Municipal Court 799,733 888,133 804,413 (83,720) -9.4% 794,143 (93,990) -10.6% Teen Court 145,252 176,673 176,673 (01 0.0% 184,485 7 812 4.4 % Finance Total $2,796,506 $3,238, $3,189 485 9 099 -1.5% $3,244.580 $5.996 0.2% Fire 11,801,776 12,059,313 12,701,373 642,060 5.3% 12,640,044 580,731 4.8% Police 8,303,348 8,986,228 9,140,509 154,281 1.7% 9,372,389 386,161 4.3% Public Safety Support 1,581,563 1,867,695 1,867,695 0 0.0% 1,865,056 (2,639) -0.1 % Public Safety Total $21,686,687 $22,913.236 $23,709, $796,341 3.5% $23,877, $964,253 4.2% Streets/Drainage 1,163,499 1,449,925 1,501,170 51,245 3.5% 1,466,904 16,979 1.2% Facility Maintenance 1,871,709 1,844,665 1,856,544 11,879 0.6% 1,833,403 (11,262) -0.6% Public Works Admin 2,243,584 2,578,747 2,527,126 (51,6211 -2.0% 2,643,173 64426 2.5% Public Works Total $5,278,792 $5,873, $5,884, $11,503 0.2% $5,943 $70.143 1.2% Building Inspections 1,209,318 1,374,054 1,351,020 (23,034) -1.7% 1,436,730 62,676 4.6% Planning 1,245,421 1,331,690 1,299,854 (31,836) -2.4% 1,227,780 10( 3,910) -7.8% Planning and Dev Total $2,454,739 $2,705, $2,650,874 54 870 -2.0% $2,664.510 1 234 -1.5% Economic Development 335,511 397,162 465,803 68641 17.3% 583,626 186,464 46.9% Economic Dev. Total $335,511 $397.162 65 $68,641 17.3% $583, $186,464 46.9% Community Services 1,346,557 1,692,366 1,652,053 (40,313) -2.4% 1,531,077 (161,289) -9.5% Parks and Recreation 4,268,241 4,650,666 4,553,979 (96,687) -2.1 % 4,625,415 (25,251) -0.5% Library Services 1,139,466 1,354,461 1,323,615 (30,8461 -2.3% 1,265,886 (88,5751 -6.5% Community Svcs. Total $6,754,264 $7,697493 7529647 167846 -2.2% $7,422,378 275115 3.6% Total Expenditures $47,769,084 $52,625,123 $53,490,141 $865,018 1.6% $54,489,851 $1,864,728 3.5% Net Revenues $11,222.063 $3,201.813 $3,846, ¢ $644.572 $4,460.673 $1,258.860 Lease Proceeds $0 $0 $0 $0 $0 Transfers In 2,535,912 2,767,240 2,768,830 1,590 2,857,917 Transfers Out ($11.250.000) ($5.450.0001 ($10.550.0001 (5,100,000) ($7.000.000) Total Other Sources (Uses) ($8.714.088) (12,682,760) (17,781,170) 35,098,410) ($4.142.083) Beginning Fund Balance $15,077,373 $17,585,348 $17,585,348 $13,650,562 Residual Equity Transfer $0 $0 $0 Ending Fund Balance $17,595.348 $18,104,401 $13,650.562 $13,969.152 Fund balance percentage 36.81 % 34.40 % 25.52 % 25.64 % GENERALFUND Strategic Initiative Fund 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Interest 143.946 70000 198,000 128,000 182.9% 198,000 128,000 182.9% Total Revenues $143,946 $70,000 $198,000 $128,000 0.0% $198,000 $128,000 182.9% EXPENDITURES Infrastructure Maintenance $0 $0 $0 $0 0.0% $0 0 0.0% Community Enhancement 96,841 220,000 220,000 0 0.0% 202,000 (18,000) -8.2% Technology Infrastructure 0 0 0 0 0.0% 0 0 0.0% Capital Acquisition 1,189,033 336,996 336996 0 0.0% 60928 (276,068) -81.9% Total Expenditures $1,285,874 $556,996 $556,996 $0 0.0% $262,928 ($294,068) -52.8% Net Revenues ($1.141.928) (9486,996) 358 996 $128.000 (S",928 $422,068 Transfer from other funds $7,800,000 $3,700,000 $7,800,000 $3,600,000 Transfer to other funds (11.000.000) (9.000.000) (10,700,000) (61000,000) ($2.900.000) ($2A00.0001 Total Other Sources/(Uses) ($3.200.0001 ($5.300.0001 Beginning Fund Balance $12,698,885 $8,356,957 $8,356,957 $5,097,961 Ending Fund Balance $$.35�9,�77 2569961 5097961 2633033 REVENUES Interest Total Revenues EXPENDITURES Operations Capital Total Expenditures Net Revenues Transfer from other funds Transfer to other funds Total Other Sources/(Uses) Beginning Fund Balance Ending Fund Balance GENERAL FUND Facility Maintenance 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 $ Increase/ $Increase/ 2023 2024 2024 (Decrease) % Increase/ 2025 (Decrease) % Increase/ Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease 462,288 270,000 432,000 162,000 60.0% 432,000 162,000 60.0% $462,288 $270,000 $432,000 $162,000 0.0% $432,000 $162,000 60.0% $121,116 62,200 $183,316 $1,500,000 $10,064,326 $11.843.298 $0 $0 761,296 761,296 $761,296 $761,296 $500,000 $1,200,000 ($0) L$0 $11,843,298 $11,843,298 $11,852,002 $12.714.002 $0 0.0% $0 0 0 0.0% 799,000 37,704 $0 0.0% $799,000 $37,704 ($367.0001 $1,500,000 ($0) $12,714,002 $13.847.002 0.0% 5.0% 5.0% GENERAL FUND Economic Investment Fund 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $Increase/ (Decrease) Adopted %Increase/ -Decrease Interest 124,483 65000 120,000 55,000 84.6% 120,000 55,000 84.6% Total Revenues $124,483 $65,000 $120,000 $55,000 0.0% $120,000 $55,000 84.6% EXPENDITURES Operations $0 $0 $0 $0 0.0% $0 0 0.0% Capital 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $0 $0 $0 $0 0.0% $0 $0 0.0% Net Revenues $124.4834$$ $65 Q44 $]2Q Q4 0 $12Q 0 0 Transfer from other funds $150,000 $150,000 $150,000 $150,000 Transfer to other funds ($0) ($0) ($0) ($0) Total Other Sources/(Uses) Beginning Fund Balance $2,950,995 $3,225,478 $3,225,478 $3,495,478 Ending Fund Balance $2254Z$ �344o4Z$ $3.4954Z$ $Z&547g GENERAL FUND Technology Infrastructure and Security Fund 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Miscellaneous 530,303 500,000 500,000 0 0.0% 500,000 0 0.0% Interest 366,432 195,000 285,000 90.000 46.2% 285,000 90,000 46.2 % Total Revenues $896,735 $695,000 $785,000 $90,000 0.0% $785,000 $90,000 12.9% EXPENDITURES Customer Enhancements 27,864 0 0 0 0.0% 364,303 364,303 3643029900.0% Information Security 0 150,000 150,000 0 0.0% 145,000 (5,000) -3.3% Business Continuity 1,175,314 654,812 654,812 0 0.0% 677,670 22,858 3.5% Security Equipment and Infrastructure 799,441 150,000 150,000 0 0.0% 150,000 0 0.0% Technology Infrastructure 414,039 1,063,291 1,063,291 0 0.0% 484,415 (578,876) -54.4% Total Expenditures $2,416,658 $2,018,103 $2,018,103 $0 0.0% 1,821,388 ($196,715) -9.7% Net Revenues ($1.519.923) ($1.323.1031 ($1.233.1031 $90.000 ($1.036.3881 Z1 Transfer from other funds $1,000,000 $500,000 $1,500,000 $1,000,000 Transfer to other funds - $1.000.000 Total Other Sources/(Uses) 1.9Q0.000 $500.000Q $1.500.000 Beginning Fund Balance $7,607,924 $7,088,001 $7,088,001 $7,354,898 Ending Fund Balance 7 1 2 4 7 4 $ REVENUES Miscellaneous Interest Income Water Sales -residential Water Sales -commercial Sewer Sales Sanitation Sales Other utility charges Total Revenues EXPENSES Debt Service Utility Billing Water Wastewater Sanitation Total Expenses Net Revenues Transfers In Transfers Out Total Other Sources (Uses) UTILITY FUND 2025 Proposed and 2024 Revised Budget 2023 2024 Actual Adopted $126,304 $14,500 780,490 425,000 19,593,266 19,000,400 5,454,118 5,400,200 9,213,426 12,576,000 2,812,989 2,729,700 430,861 280,800 $38,411,454 $40,426,600 3,082,887 3,277,304 655,633 732,361 14, 455, 797 15, 533, 392 5,056,553 9,693,123 2,180,797 2,142,000 $25,431,667 $31,378,180 $67,091 $0 (17,488,830) 9 617 064' W-421,739) 39.617.064' $ Increase/ 2024 (Decrease) % Increase/ Amended Adopted -Decrease $42,500 $28,000 0.0% 890,000 465,000 109.40/c 19,000,400 0 0.0% 5,400,200 0 0.0% 9,450,000 (3,126,000) -24.90/( 2,729,700 0 0.0% 340,000 59,200 21.11OX $37,852,800 ($2,573,800) -6.40A 3,277,304 0 0.0% 732,361 0 0.0% 15,293,054 (240,338) -1.5% 7,108,123 (2,585,000) -26.7% 2,127,067 14933 ($2,840,271) 47- -0.7% -9.1% $28,537,909 ]4 $0 (9,514,112) (102,952) Beginning working capital $27,014,248 $22,572,296 $22,572,296 Ending fund balance $22.572.296 $22.003.652 22.373.07 No. of days working capital 324 256 286 2025 0posed $14,500 890,000 19,000,400 5,400,200 11,000,000 2,856,450 280,800 $39,442,350 3,633,848 723,291 15,099,544 7,905,091 2.222.785 $29,584,559 $0 $22,373,075 $22.653.172 279 03:12 PM 08/28/24 $ Increase/ (Decrease) % Increase/ Adopted -Decrease $0 0.0% 465,000 109.4% 0 0.0% 0 0.0% (1,576,000) -12.5% 126,750 4.6% 0 0.0% ($984,250) -2.4% 356,544 10.9% (9,070) -1.2% (433,848) -2.8% (1,788,032) -18.4% 80,785 3.8% ($1,793,621) -5.7% DEBT SERVICE FUND 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $Increase/ (Decrease) Adopted % Increase/ -Decrease Ad Valorem Taxes $5,886,605 $5,862,343 $5,697,043 ($165,300) -2.8% $6,253,136 $390,793 6.7% Miscellaneous Income $0 $0 $0 $0 0.0% $0 $0 0.0% Interest Income 155,007 95 000 130,000 35 000 36.8% 130,000 35 000 36.8 % Total Revenues $6,041,612 $5,957,343 $5,827,043 ($130,300) -2.2% $6,383,136 $425,793 7.1% EXPENDITURES Principal $5,795,832 $5,656,358 $5,771,358 $115,000 2.0% $6,123,304 $466,946 8.3% Interest $935,100 $1,093,281 $1,202,056 108,775 9.9% $925,966 (167,315) -15.3% Admin. Expenses $7.367 19 500 $19,500 0 0.0% $19,500 0 0.0% Total Expenditures $6,738,299 $6,769,139 $6,992,914 $223,775 3.3% $7,068,770 $299,631 4.4% Net Revenues ($696,687) ($811.7961 ($1,165,871) ($354= ($685,634) $126,162 Transfers In 402,554 397,341 397,341 0 401,762 Transfer Out 0 0 0 0 Total other Sources/(Uses) 1397,341 1397,341 $401,762 Beginning Fund Balance $3,287,396 $2,993,263 $2,993,263 $2,224,733 Ending Fund Balance 12.993.263 12,578-808 12,224.733 $1,940,861 STORM WATER UTILITY DISTRICT 2025 Proposed and 2024 Revised Budget 03*12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Stormwater-residential $924,872 $924,300 $926,000 $1,700 0.2% $927,050 $2,750 0.3% Stormwater-commercial 681,692 687,000 689,100 2,100 0.3% 692,500 5,500 0.8% Interest 55,280 40,000 66,000 26,000 65.0% 66,000 26,000 65.0% Total Revenues $1,661,844 $1,651,300 $1,681,100 $29,800 1.8% $1,685,550 $34,250 2.1% EXPENDITURES Personnel $208,016 $271,928 $271,928 $0 0.0% $279,857 $7,929 2.9% Operations $314,678 $337,985 $337,985 0 0.0% $337,985 0 0.0% Capital $_0 $_0 $_0 0 0 $0 0 0.0% Total Expenditures $522,694 $609,913 $609,913 $0 0.0% $617,842 $7,929 1.3% Net Revenues 1 1 1 1 1 7 1 71 1 7 2 QQ 1 7 7 26 321 Transfers Out (912,934) (1,113,393) (1,114,585) $1,192 (869,184) (244,209) Proceeds from C.O. Sale 0 0 0 0 Total Other Sources (Uses) 12 ($1.113.3931 ($1.114.5851 ($869.1841 Beginning Fund Balance $1,936,355 $2,162,571 $2,162,571 $2,119,173 Ending Fund Balance 21 2 71 $2 211 17 2 17 7 SPECIAL REVENUE FUND Reforestation 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Permits/Fees $52,579 $5,000 $30,000 $25,000 500.0% $5,000 $0 0.0% Miscellaneous 0 0 0 (0) -100.0 % 0 0 0.0% Interest 5326 2 500 6 000 3 500 140.0 % 6 000 3 500 140.0 % Total Revenues $57,905 $7,500 $36,000 $28,500 380.0% $11,000 $3,500 46.7% EXPENDITURES Parks and Recreation $0 $0 $0 $0 0.0% $0 0 0.0% Reforestation 0 35,000 35,000 0 0.0% 35,000 0 0.0% Capital 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $0 $35,000 $35,000 $0 0.0% $35,000 $0 0.0% Net Revenues SUM$2$ Fz0 !$24.0001 ZO Transfer to other funds $D LO $D $0 Total Other Sources/(Uses) $4 $0 $4 $4 Beginning Fund Balance $96,012 $153,917 $153,917 $154,917 Ending Fund Balance $153.917 17 5154.917 $130.917 SPECIAL REVENUE FUND Library Donations 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Donations $12,202 $4,000 $8,500 $4,500 112.5% $4,000 $0 0.0% Interest 658 70 700 630 900.0% 700 630 900.0% Total Revenues $12,860 $4,070 $9,200 $5,130 126.0% $4,700 $630 15.5% EXPENDITURES Special Projects $7,929 $8,000 $8,000 $0 0.0% $15,000 7,000 87.5% Library supplies 0 0 0 0 0.0% 0 0 0.0% Capital 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $7,929 $8,000 $8,000 $0 0% $15,000 $7,000 87.5% Net Revenues $4.931 ($3.9301 $1.200 $5 130 ($10.3001 ($6.3701 Transfer to other funds LO $0 Total Other Sources/(Uses) $Q $0 $4 $0 Beginning Fund Balance $14,604 $19,535 $19,535 $20,735 Ending Fund Balance 19 i3 15 0 2 Z3 $1 SPECIAL REVENUE FUND Park Dedication 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Permits/Fees $373,299 $90,000 $293,300 $203,300 225.9% $90,000 $0 0.0% Miscellaneous 0 0 0 0 0.0% 0 0 0.0% Interest 58,571 30,000 60,000 30,000 100.0% 60,000 30,000 100.0% Total Revenues $431,870 $120,000 $353,300 $233,300 194.4% $150,000 $30,000 25.0% EXPENDITURES Parks and Recreation $0 $0 $0 $0 0.0% $0 0 0.0% Park Improvements 0 0 0 0 0.0% 60,000 60,000 599999900.0% Land 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $0 $0 $0 $0 0.0% $60,000 $60,000 599999900.0% Net Revenues 1 $Z 20 00 300 2 00 04 ($300001 Transfer from other funds $0 $0 $0 $0 Transfer to other funds Total Other Sources/(Uses) IQ IQ IQ IQ Beginning Fund Balance $1,169,499 $1,601,369 $1,601,369 $1,954,669 Ending Fund Balance $ $172j $69 $j 954 rz69 2 &69 SPECIAL REVENUE FUND Park and Recreation 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $Increase/ (Decrease) Adopted % Increase/ -Decrease Donations/Sponsorships $35,140 $66,500 $25,000 ($41,500) -62.4% $62,600 ($3,900) -5.9% Miscellaneous 0 0 0 0 0.0% 0 0 0.0% Interest 8 398 4 300 8 000 3 700 86.0 % 8 000 3 700 86.0 % Total Revenues $43,538 $70,800 $33,000 ($37,800) -53.4% $70,600 ($200) -0.3% EXPENDITURES Parks and Recreation $20,268 $87,500 $87,500 $0 0.0% $87,500 0 0.0% Park Improvements 0 0 0 0 0.0% 0 0 0.0% Land 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $20,268 $87,500 $87,500 $0 0.0% $87,500 $0 0.0% Net Revenues ZZ 1 700 54 500 ($37.8001 ($16.9001 200 Transfer from other funds $0 $0 $0 $0 Transfer to other funds $00 L0 L0 L0 Total Other Sources/(Uses) $Q 9 $0 w Beginning Fund Balance $193,240 $216,510 $216,510 $162,010 Ending Fund Balance $216.510 $i22 $ Q] $14 1 0 TIF OPERATING FUND 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Ad Valorem $9,834,043 $9,562,848 $10,470,200 $907,352 9.5% $9,605,358 $42,510 0.4% Interest Income $279,968 $160,000 $300,000 $140,000 87.5% $300,000 $140,000 87.5% Total Revenues $10,114,011 $9,722,848 $10,770,200 $1,047,352 10.8% $9,905,358 $182,510 1.9% EXPENDITURES Personnel $389,746 $378,694 $378,694 $0 0.0% $344,695 ($33,999) -9.0% Operations $7,097,435 $6,840,935 $7,434,156 593,221 8.7% $7,803,696 962,761 14.1% Capital $943,606 LO LO u 0.0% L0 n 0.0% Total Expenditures $8,430,787 $7,219,629 $7,812,850 $593,221 8.2% $8,148,391 $928,762 12.9% Net Revenues $2.503.219 $2.957.350 4 4 131 $1.756.968 746 2 1 Transfers Out -General Fund 0 0 0 0 Transfers Out -Debt Service 0 0 0 0 Total Other Sources (Uses) $_0_ $_0_ U0 Beginning Fund Balance $6,663,971 $8,347,195 $8,347,195 $11,304,545 Prior period adjustment Ending Fund Balance $8.347.195 $10.850.414 $11.304.545 $13.061.513 CRIME CONTROL DISTRICT FUND 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Sales Tax $3,050,459 $2,424,000 $2,600,000 $176,000 7.3% $2,652,000 $228,000 9.4% Miscellaneous Income $0 $0 $0 $0 0.0% $0 ($0) 0.0% Interest Income $170,543 $95,000 $185,000 $90,000 94.7 % $185 000 $90,000 94.7% Total Revenues $3,221,002 $2,519,000 $2,785,000 $266,000 10.6% $2,837,000 $318,000 12.6% EXPENDITURES Personnel $1,521,608 $1,945,137 $1,857,237 ($87,900) -4.5% $2,177,551 $232,414 11.9% Operations $349,102 $272,101 $377,683 105,582 38.8% $565,056 292,955 107.7% Capital $338,248 L0 L0 0 0.0% L0 n -100.0% Total Expenditures $2,208,958 $2,217,238 $2,234,920 $17,682 0.8% $2,742,607 $525,369 23.7% Net Revenues $301,762 $ 248 318 $94,393 207 369 Finance Proceeds $0 $0 $0 $0 Transfer out -Crime Control CIP ($1,130,000) ($334,500) ($334,500) $0 Transfers Out -General Fund (97,049) 10( 0,760) 11( 1,400) 11( 3 480) Total Other Sources (Uses) ($1227.0491 ($435.2601 ($445.9001 113 480 Beginning Fund Balance $5,591,296 $5,376,291 $5,376,291 $5,480,471 Ending Fund Balance ISt $5.480.471 5461 384 SPDC - OPERATING FUND Parks/Recreation 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Sales Tax $11,426,173 $9,898,000 $10,747,650 $849,650 8.6% $10,962,603 $1,064,603 10.8% Rental Income 116,436 153,824 153,824 0 0.0% 153,824 0 0.0% Charges for Service 0 0 84,000 84,000 839999900.0% 135,045 135,045 1350449900.0% Interest 306,621 152,000 420,000 268,000 176.3% 420,000 268,000 176.3% Total Revenues $11,849,230 $10,203,824 $11,405,474 $1,201,650 11.8% $11,671,472 $1,467,648 14.4% EXPENDITURES Personnel $276,393 $629,827 $624,931 ($4,896) -0.8% $646,846 $17,019 2.7% Operations $1,355,669 $1,727,570 $1,727,570 0 0.0% $1,890,676 163,106 9.4% Capital $291,744 $472,500 $472,500 0 0.0% $1,082,000 609,500 129.0 % Total Expenditures $1,923,806 $2,829,897 $2,825,001 ($4,896) -0.2% $3,619,522 $789,625 27.9% Net Revenues $9.925.424 $7.373.927 $8.580.473 $1.206.546 $8.051.950 $SZ$ 4Q Transfers Out (9,692,976) (8,690,729) (8,738,795) $48,066 (9,072,648) 381,919 Proceeds from C.O. Sale 0 0 0 0 Total Other Sources (Uses) ($9.692.9761 ($8.690.7291 I$8.738.7951 ($9.072.6481 Beginning Fund Balance $14,016,439 $14,248,887 $14,248,887 $14,090,565 Ending Fund Balance $14,248,887 $12,932,085 $14.090.565 $13.069.866 REVENUES Interest Income Total Revenues EXPENDITURES Principal Interest Admin. Expenses Total Expenditures Net Revenues Bond Proceeds Transfers In Total Other Sources (Uses) Beginning Fund Balance Ending Fund Balance SPDC - DEBT SERVICE FUND Parks/Recreation 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 2023 Actual 114 801 2024 Adopted $69,000 2024 Amended $ Increase/ (Decrease) Adopted $7,000 % Increase/ -Decrease 10.1 % 2025 Proposed $69,000 $ Increase/ (Decrease) Adopted $_0 % Increase/ -Decrease 0.0% $76,000 $114,801 $69,000 $76,000 $7,000 10.1% $69,000 $0 0.0% $2,334,000 $2,409,000 $2,409,000 $0 0.0% $2,309,000 ($100,000) -4.2% 450,383 373,576 373,576 0 0.0% 296,789 (76,787) -20.6% 5 034 6 000 6 000 0 0.0% 6 000 0 0.0% $2,789,417 $2,788,576 $2,788,576 $0 0.0% $2,611,789 ($176,787) -6.3% $2.674.6161 ($2.719.5761 ($2.712.5761 IQ ($2.542.7891 ($176.7871 $0 $0 $0 $2,784,383 $2,782,576 1 $2,782,576 $1,913,224 $2,022,991 $2,022,991 2Q22 9l 20 2 2 0 $0 $2,605,789 $2.605-7g9 $2,092,991 $2.155.931 SPECIAL REVENUE FUND Court Technology 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Fines and forfeitures $23,154 $20,000 $22,000 $2,000 10.0% $20,000 $0 0.0% Interest 11,633 6 500 11,000 4 500 69.2% 11,000 4 500 69.2% Total Revenues $34,787 $26,500 $33,000 $6,500 24.5% $31,000 $4,500 17.0% EXPENDITURES Personnel $0 $0 $0 $0 0.0% $0 0 0.0% Operations 55,771 26,530 26,530 0 0.0% 35,280 8,750 33.0% Capital 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $55,771 $26,530 $26,530 $0 0.0% $35,280 $8,750 33.0% Net Revenues 20 30 470 6 0 4 2 0 4 2 0 Transfer to other funds L0 V0 L0 L0 Total Other Sources/(Uses) $_0 W0 $0 $Q Beginning Fund Balance $311,380 $290,396 $290,396 $296,866 Ending Fund Balance SPECIAL REVENUE FUND Court Security 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Fines and forfeitures $28,106 $23,000 $25,000 $2,000 8.7% $23,000 $0 0.0% Interest 17,325 9 000 16,000 7 000 77.8% 16,000 7 000 77.8% Total Revenues $45,431 $32,000 $41,000 $9,000 28.1% $39,000 $7,000 21.9% EXPENDITURES Personnel $20,218 $64,750 $64,750 $0 0.0% $66,846 2,096 3.2% Operations 12,183 15,770 15,350 (420) -2.7% 15,560 (210) -1.3% Capital 0 0 0 (0) -100.0% 0 0 0.0% Total Expenditures $32,401 $80,520 $80,100 ($420) -0.5% $82,406 $1,886 2.3% Net Revenues Q3 f$48.5201 f$39.1001 42 (�43.4061 $ Finance Proceeds L0 L0 L0 L0 Total Other Sources/(Uses) s0 $0 $0 $0 Beginning Fund Balance $437,829 $450,859 $450,859 $411,759 Ending Fund Balance SPECIAL REVENUE FUND Commercial Vehicle Enforcement 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Fines and forfeitures $17,746 $25,000 $15,000 ($10,000) -40.0% $20,000 ($5,000) -20.0% Interest 10,449 4 500 7 000 2 500 55.6% 7 000 2 500 55.6% Total Revenues $28,195 $29,500 $22,000 ($7,500) -25.4% $27,000 ($2,500) -8.5% EXPENDITURES Personnel $146,617 $161,151 $161,151 $0 0.0% $181,335 20,184 12.5% Operations 9,295 13,599 13,599 0 0.0% 24,325 10,726 78.9% Capital 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $155,912 $174,750 $174,750 $0 0.0% $205,660 $30,910 17.7% Net Revenues 127 717 145 25 1 2 7 7 500 17 3 41 Transfer from other funds $100,000 $100,000 $100,000 0 $250,000 Total Other Sources/(Uses) 100 0 100 0 1 0 0 2 0 0 Beginning Fund Balance $233,703 $205,986 $205,986 $153,236 Ending Fund Balance 205986 160736 1 2 6 224 7 SPECIAL REVENUE FUND Hotel Occupancy 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase, -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Taxes $2,185,990 $2,090,500 $2,290,000 $199,500 9.5% $2,347,250 $256,750 12.3% Interest 106,511 55,000 125,000 70,000 127.3% 125,000 70,000 127.3% Total Revenues $2,292,501 $2,145,500 $2,415,000 $269,500 12.6% $2,472,250 $326,750 15.2% EXPENDITURES Personnel $283,703 $303,542 $303,542 $0 0.0% $290,823 (12,719) -4.2% Operations 585,932 839,502 839,502 0 0.0% 1,257,295 417,793 49.8% Capital 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $869,635 $1,143,044 $1,143,044 $0 0.0% $1,548,118 $405,074 35.4% Net Revenues E1.4 1.002.456 1.271.956 $269.500 924 t3 ($78.3241 Transfer to other funds 891 400 (607.645) 658 851 (669,728) ($669.7281 Total Other Sources/(Uses) ($891.4001 607 64 ($65g.g51) Beginning Fund Balance $2,653,696 $3,185,162 $3,185,162 $3,798,267 Ending Fund Balance $31$5�162 $3.579.973 $3 4 2 71 SPECIAL REVENUE FUND Police Services 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Miscellaneous/Forfeitures $33,049 $0 $4,917 $4,917 49169900.0% $0 ($0) -100.0% Interest 3 938 1 200 2 600 1 400 116.7% 1 200 0 0.0% Total Revenues $36,987 $1,200 $7,517 $6,317 526.4% $1,200 ($0) 0.0% EXPENDITURES Operations $72,854 $57,426 $57,426 $0 0.0% $21,030 (36,396) -63.4% Capital 13,257 0 0 0 0.0% 0 0 0.0% Total Expenditures $86,111 $57,426 $57,426 $0 0.0% $21,030 ($36,396) -63.4% Net Revenues f$49.1241 ($56.2261 ($49.9091 $ f$19.8301 $36 33 Transfer to other funds $0 $0 $0 Total Other Sources/(Uses) $o $0 $o $o Beginning Fund Balance $137,710 $88,586 $88,586 $38,677 Ending Fund Balance GENERAL FUND Recycling 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Recycling Recovery $840 $6,000 $6,000 $0 0.0% $6,000 $0 0.0% Interest 4 637 2 000 2 500 500 25.0°% 2 500 500 25.0% Total Revenues $5,477 $8,000 $8,500 $500 6.3% $8,500 $500 6.3% EXPENDITURES Special Projects $5,700 $6,000 $6,000 $0 0.0% $6,000 0 0.0% Recycling Supplies 0 0 0 0 0.0% 0 0 0.0% Capital 0 0 0 0 0.0% 0 0 0.0% Total Expenditures $5,700 $6,000 $6,000 $0 0.0% $6,000 $0 0.0% Net Revenues 223 2 Q0 54 500 2 SQQ 500 Transfer to other funds 67 091 LO Lo LO Total Other Sources/(Uses) $67.0911 W S0 S0 Beginning Fund Balance $138,292 $70,978 $70,978 $73,478 Ending Fund Balance REVENUES Fines and forfeitures Interest Income Total Revenues EXPENDITURES Personnel Operations Capital Total Expenditures Net Revenues Transfers In - Transfers Out - Total Other Sources (Uses) Beginning Fund Balance Ending Fund Balance Red Light Camera Fund 2025 Proposed and 2024 Revised Budget 2023 2024 2024 Actual Adopted Amended $0 $0 $0 12.343 1.500 8,000 $12,343 $1,500 $8,000 $0 $0 $0 105,035 126,205 126,205 0 0 $105,035 $126,205 $126,205 $92.6921 124 7 $1 $0 0 0 0 0 0 $0 $0 $0 $332,190 $239,498 $239,498 0 0 0 $23� 4 $114 Z $1212 $ Increase/ (Decrease) % Increase/ 2025 Adopted -Decrease Proposed $0 0% $0 6 500 433% 1,500 $6,500 $1,500 03:12 PM 08/28/24 $ Increase/ (Decrease) % Increase/ Adopted -Decrease $0 0.0% $00 0.0% $0 0 0% 0 0% 0 0% $0 0% $0 50,000 0 0 0.0% (76,205) -60.4% 0 0.0% ($76,205) -60.4% $50,000 Mm ($4g.5001 $720 0 $0 0 0 $0 $4 $0 $121,293 0 $72.793 Public Art 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) , Increas Adopted Decreas 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Miscellaneous $550 $0 $0 $0 0.0% $0 $0 0.0% Interest Income $22,396 $9,000 $19,000 $10,000 111.1 % $19,000 $10,000 111.1 % Total Revenues $22,946 $9,000 $19,000 $10,000 $19,000 $0 EXPENDITURES Operations $63,492 $77,546 $73,246 ($4,300) -5.5% $75,800 ($1,746) -2.3% Capital LO LO LO 0 0.0% LO 0 0.0% Total Expenditures $63,492 $77,546 $73,246 $0 0.0% $75,800 ($1,746) -2.3% Net Revenues $40.5461 $6g•5461 $54.2461 14 300 $56•g001 11 746 Transfers In -Hotel $309,000 321,825 362,250 40,425 370,838 $49,013 Transfers Out - 10( 0,000) 40( 0,000) 40( 0,000) 0 40! 0,000) $0 Total Other Sources (Uses) 2 000 7 17 7 7 0 $_0 29 1 Beginning Fund Balance $441,985 $610,439 $610,439 $518,443 0 0 0 0 Ending Fund Balance 61 4 9 46 71 1 44 2 4 1 CEDC - OPERATING FUND Parks/Recreation 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Pro osed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Sales Tax $8,463,832 $7,423,500 $7,986,875 $563,375 7.6% $8,146,612 $723,112 9.7% Charges for Services 4,464,726 4,596,288 4,494,492 (101,796) -2.2 % 4,592,700 (3,588) -0.1 Interest 481,277 215,000 600,000 385,000 179.1 % 600,000 385,000 179.1 Total Revenues $13,409,835 $12,234,788 $13,081,367 $846,579 6.9% $13,339,312 $1,104,524 9.0% EXPENDITURES Personnel $2,744,541 $3,299,698 $3,270,505 ($29,193) -0.9% $3,575,322 $275,624 8.4% Operations $2,196,227 $2,520,354 $2,549,547 29,193 1.2% $2,891,268 370,914 14.7% Capital U0 Lo Lo 0 0.0 % Lo 0 0.0 Total Expenditures $4,940,768 $5,820,052 $5,820,052 $0 0.0% $6,466,590 $646,538 11.1 Net Revenues $8.469.067 $6 414 736 $7.261 315 $$4¢ 5 $6.872 722 $¢5L2&& Transfers Out (478,930) (489,392) (523,255) $33,863 (533,572) 44,180 Transfer out -Replacement Fund (1,125,000) (1,125,000) (1,125,000) $0 (1,125,000) 0 Transfer out-CIP (1,375,000) (241,000) (241,000) $0 0 (241,000) Transfer Debt Service (2,447,206) (2,450,556) (2,450,556) $0 (2,445,031) (5,525) Total Other Sources (Uses) /$5.426.1361 ($4.305.9481 ($4.339.8111 $ ($4.103.6031 15202.3451 Beginning Fund Balance $13,422,513 $16,465,444 $16,465,444 $19,386,948 Ending Fund Balance $16.465.444 $18.574.232 $19.386.948 $22.156.066 CEDC - REPLACEMENT FUND Parks/Recreation 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Interest 151,377 50,000 170,000 120,000 240.0% 170,000 120,000 240.0% Total Revenues $151,377 $50,000 $170,000 $120,000 0.0% $170,000 $120,000 240.0% EXPENDITURES Operations $0 $0 $0 $0 0.0% $0 0 0.0% Capital 180,103 1,408,309 1,408,309 0 0.0% 743,496 (664,813) -47.2% Total Expenditures $180,103 $1,408,309 $1,408,309 $0 0.0% $743,496 ($664,813) 47.2% Net Revenues $28.7261 ($1.358.3091 f$1.238.3091 Q0 f$573.4961 $ $i'� Transfer from other funds $1,125,000 $1,125,000 $1,125,000 $1,125,000 Transfer to other funds ($0) ($0) ($0) ($0) Total Other Sources/(Uses) $1.125.000 $]$] 125 $1.125.000 $1.125.000 Beginning Fund Balance $3,245,916 $4,342,190 $4,342,190 $4,228,881 Ending Fund Balance $ 54.108.881 $422$$$1 $4.780.385 CEDC - DEBT SERVICE FUND Parks/Recreation 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $Increase/ (Decrease) Adopted % Increase/ -Decrease 2025 Proposed $Increase/ (Decrease) Adopted % Increase/ -Decrease Interest Income $61,802 $35.000 $35.000 $D 0.0% $35,000 $0 0.0% Total Revenues $61,802 $35,000 $35,000 $0 0.0% $35,000 $0 0.0% EXPENDITURES Principal $1,540,000 1,620,000 $1,620,000 $0 0.0% $1,695,000 $75,000 4.6% Interest 899,206 822,556 822,556 0 0.0% 742,031 (80,525) -9.8% Admin. Expenses 5 000 8 000 8 000 0 0.0% 8 000 0 0.0% Total Expenditures $2,444,206 $2,450,556 $2,450,556 $0 0.0% $2,445,031 ($5,525) -0.2% Net Revenues (52.382.4041 (52.415.5561 (52.415.5561 $Q ($2.410.0311 (55.5251 Bond Proceeds $0 $0 $0 $0 Transfers In $2,447,206 $2,450,556 $2,450,556 0 $2,445,031 Total Other Sources (Uses) $Z $2434t $24Q`J $24 Beginning Fund Balance $550,968 $615,770 $615,770 $650,770 Ending Fund Balance 61 0 0 0 ZZO VEHICLE REPLACEMENT 2025 Proposed and 2024 Revised Budget 03:12 PM 08/28/24 REVENUES 2023 Actual 2024 Adopted 2024 Amended $ Increase/ (Decrease) Increas Adopted Decrease 2025 Proposed $ Increase/ (Decrease) Adopted % Increase/ -Decrease Miscellaneous $0 $60,000 $15,000 ($45,000) -75.0% $60,000 $0 0.0% Interest Income $448,475 $225,000 $360,000 $135,000 60.0% $360,000 $135,000 60.0% Total Revenues $448,475 $285,000 $375,000 $90,000 $420,000 $135,000 EXPENDITURES Capital $2,113,772 $5496401 $2,352,384 (3,144,017) -57.2% $6,869,876 1,373,475 25.0% Total Expenditures $2,113,772 $5,496,401 $2,352,384 ($3,144,017) -57.2% $6,869,876 $1,373,475 25.0% Net Revenues ($1.665.297) ($5.211.401) ($1.977.3841 $3.234.017 ($6.449.876) ($1.238.4751 Transfers In -General Fund $3,200,000 1,500,000 2,500,000 1,000,000 3,000,000 $1,500,000 Transfers Out -Debt Service 0 0 0 0 0 $0 Total Other Sources (Uses) $3.200.000 $1.500.000 $2.500.000 $0 $3.000.000 $0 Beginning Fund Balance $8,639,145 $10,173,848 $10,173,848 $10,696,464 Ending Fund Balance $10,173.848 $6.462.447 $10.696.464 $7,246,588