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42.5% 45% 47.5% 50%
<br />Actual Actual Actual Actual
<br />2025 Budgeted Expenditures 10,174,261$ 10,174,261$ 10,174,261$ 10,174,261$
<br />Less Police/Finance contracts/Fire state aid pass through 1,358,615 1,358,615 1,358,615 1,358,615
<br />Net 2025 Budgeted Expenditures 8,815,646 8,815,646 8,815,646 8,815,646
<br />Unassigned Fund Balance @ 12/31/2024 A 4,959,444$ 4,959,444$ 4,959,444$ 4,959,444$
<br />2024 Ending Fund balance % 56% 56% 56% 56%
<br />Minimum fund balance range 35-50%
<br />Opening 2025 Fund Balance (reset to 42.5%-50%) B 3,746,650$ 3,967,041$ 4,187,432$ 4,407,823$
<br />2025 Transfer to Capital / Special Revenue Funds A-B= 1,212,794$ 992,403$ 772,012$ 551,621$
<br />Allocation of Proposed Transfer
<br />General Fund Levy reduction 200,000$ To ease the transition from expiring one-time public safety funds
<br /> Capital Improvement fund -$ Supports replacement of equipment as scheduled
<br /> Park Improvement fund Replacement of playground equipment
<br /> Building Improvement fund 251,621$ Supports larger building maintenance/expansion needs
<br /> Community Center fund 100,000$ Supports CC in recognition of the renegotiated lease
<br />551,621$
<br />https://metroinet.sharepoint.com/sites/SAVAdministration/Shared Documents/SAV Administration/02 - City Council Work Sessions/2025/07222025/calculation of 2024 excess fund balance transfers
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