|
<br /> -
<br /> 1,000,000
<br /> 2,000,000
<br /> 3,000,000
<br /> 4,000,000
<br /> 5,000,000
<br /> 6,000,000
<br />2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
<br />Expenditures -Fund (400)
<br />Administration Buildings Parks & Recreation Public Works
<br />
<br />Fund Outlook:
<br />It can be noted below that the fund continues to remain healthy overall, primarily due to a large Fund
<br />Balance transfer from the General Fund in 2025 of $750,000. Per City Finance Policy, a transfer from the
<br />General Fund to the General Capital Improvement Fund can be done if the General Fund unassigned fund
<br />balance rises above the required range. The unassigned fund balance for the General Fund needs to be
<br />between 42.5% and 65% of the following year's General Fund budgeted expenditures. At the end of 2024,
<br />the unassigned General fund balance was at 76.25% of next year's budgeted General fund expenditures.
<br />After the transfer, the General Fund balance was approximately 62%. However, there are a couple of
<br />negative years (2033 and 2035) where the City might need either additional revenues from the General
<br />Fund or an increase in levy.
<br />
<br />2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
<br />Revenues $921,363 $4,963,063 $659,363 $543,063 $523,389 $483,489 $484,789 $488,089 $474,789 $464,989
<br />Expenditures $1,920,015 $5,632,339 $961,373 $490,969 $469,478 $694,198 $384,335 $920,946 $279,817 $624,289
<br />Fund Balance $1,314,594 $645,318 $343,308 $395,402 $449,314 $238,605 $339,060 $(93,797)$101,176 $(58,124)
<br /> $(200,000)
<br /> $-
<br /> $200,000
<br /> $400,000
<br /> $600,000
<br /> $800,000
<br /> $1,000,000
<br /> $1,200,000
<br /> $1,400,000
<br />0
<br />1,000,000
<br />2,000,000
<br />3,000,000
<br />4,000,000
<br />5,000,000
<br />6,000,000
<br />Fund BalanceRevenues and ExpendituresGeneral Capital Improvement Fund (400)
<br />Revenues Expenditures Fund Balance
<br />New 2026 requests that were not part of the approved 2025-2034 CIP - $204,000
<br />
<br />• iPads - $2,000
<br />• LED Light Retrofit – City Hall $7,000
<br />• PW Shop Storage Upgrade - $17,000
<br />• Old Fire Hall LED Lights - $3,000
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