Miscellaneous Funds
DESCRIPTION
There are a few miscellaneous funds where little activity and only minor suggested revisions to the initial 2024 budget are being suggested. The following tables show the budgets for each of these funds, the suggested revisions, where applicable, and the resulting expected impacts on the net fund balances.
AS A REMINDER: As with all tables provided in this budget document, additional information and details may be readily obtained. In addition, every data table that is not an excel copy, is expandable and may again be collapsed. This may be done by clicking on the "Collapse All" or "Expand All" description at the top of each table. By clicking on the arrow to the left of each account description, additional breakdowns of revenue and/or expense may also be seen.
Revenue Overview
The following table indicates the actual and projected revenues for the miscellaneous funds listed above. This table shows the following: 2022 actual results, the 2023 amended budget and year to date results, the initial 2024 proposed revenue forecast, the suggested revisions to that forecast and the resulting revised proposed revenue budget.
The suggested revenue revisions to the 2024 initial proposed budget for the miscellaneous funds are as follows:
Expense Overview
The following table indicates the actual and budgeted expenditures for the miscellaneous funds described above from 2022 through 2024 and including the initial proposed 2024 budget, the suggested revisions to the funds and the resulting revised proposed 2024 expense budget. The General Improvement Districts are not included in the table below because there are no budgeted expenses historically or proposed for those two funds. Detailed explanations of the suggested revisions by account description follow the table.
The suggested expense revisions to the 2024 initial proposed budget for the miscellaneous funds are as follows:
The projected impacts to the fund balances from the revised proposed budgets of the miscellaneous funds, are indicated in the table below. The total decrease to all of the miscellaneous fund balances is projected to be $785,960. The projected ending Fund Balance total for these funds is anticipated to be $7,430,357.
