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<br /> <br /> <br />REMAINING BUDGET LINE ITEMS – 8% of overall expenditures or $780,200, net increase of $240. <br />• Utilities and Fuel costs are expected to decrease from 2024 budget by ($29,630) based on actual 2023 <br />and 2024 costs. <br />• Anticipated inflationary increases have been applied to supplies, printing, and repair and maintenance <br />services and miscellaneous expenses based on actual 2023 and 2024 costs, increasing these costs by <br />$29,870. <br /> <br />GENERAL FUND REVENUES <br /> <br />• Liquor transfer to the General Fund will increase to $300,000, an increase of $25,000 from 2024. <br />• 2025 State funded Local Government Aid reflects increases by only $921. <br />• Police contracted services is estimated to increase by $68,688, a 7% increase. <br />• Excess Tax Increment collections are projected to increase by $100,000 in 2025. <br />• Use of one-time public safety aid received in 2023 of $233,766 <br /> <br />The chart below demonstrates the percentage of revenue sources that fund the general fund: <br /> <br /> <br /> <br />Tax Levy, <br />64% <br />Licenses, <br />Permits, & <br />Fines, 4% <br />Intergov't <br />Revenue, <br />12% <br />Contracts, <br />13% <br />Miscellaneous, <br />2%Transfers, <br />5% <br />GENERAL FUND <br />REVENUES <br />40