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Explanation of Prior Year Fund Balance Increase
<br />Loan Proceeds
<br />FY 2022/2023
<br />FY 202212023
<br />-
<br />ALL FUNDS
<br />PROJECTED
<br />ACTUAL
<br />INCREASE/
<br />Means ofFinandna
<br />AMOUNT
<br />AMOUNT
<br />(DECREASE)
<br />Property Taxes
<br />$ 26,030,125
<br />$ 26,375,504
<br />$ 345,379
<br />Franchise Fees
<br />2,921,000
<br />3,780,101
<br />859,101
<br />Communication ServicesTax
<br />800,000
<br />802,138
<br />2,138
<br />Utility Taxes
<br />4,424,000
<br />5,252,105
<br />828,105
<br />Licenses/Pernts
<br />2,110,766
<br />4,175,403
<br />2,064,637 h
<br />Intergovernmental
<br />9,556,486
<br />9,720,498
<br />164,012
<br />Charges for Seivices
<br />5,345,010
<br />6,475,774
<br />1,130,764
<br />Fines and Forfeitures
<br />815,965
<br />934,334
<br />118,369
<br />Loan Proceeds
<br />-
<br />-
<br />-
<br />Miscellaneous
<br />3,249,861
<br />4,738,484
<br />1,488,623
<br />Transfer Development Rights Purchases
<br />177,500
<br />137,750
<br />(39,750)
<br />Impact & Bonus Fees
<br />5,000
<br />13,224.
<br />8,224
<br />Transfers In
<br />750,000
<br />769,077
<br />19,077
<br />Sate of Capital Assets
<br />-
<br />9,264
<br />9,264
<br />.Total Revenues
<br />$ 56,185,713 $
<br />63,183,656 $
<br />6,997,943
<br />Estimated Renuirements
<br />Personnel Services
<br />$ 29,909,150 $
<br />30,090,735 $
<br />181,585
<br />Personnei Services Breakdown.,
<br />Salaries
<br />20,273,969
<br />20,412,105
<br />138,136
<br />Overtime
<br />1,100,265
<br />1,046,311
<br />(53,974)
<br />FICA
<br />1,577,442
<br />1,603,343
<br />25,901
<br />Retirement
<br />3,811,506
<br />3,967,820
<br />156,312
<br />HealtlYDentall ision
<br />2,656,848
<br />2650,667
<br />(6,181)
<br />Life, ADO & LTO
<br />78,550
<br />79,982
<br />1,431
<br />Worker's Compensation
<br />410,548
<br />330,507
<br />(80,041)
<br />Operating Expenses
<br />19,464,245
<br />14,368,891
<br />(5,095,354)
<br />Capital Outlay
<br />2,052,018
<br />1,319,388
<br />(732,630)
<br />.Non -Operating Expenses
<br />115,500
<br />105,593
<br />(9,907)
<br />Transfers Out
<br />750,000
<br />769,077.
<br />19,077
<br />Debt Service
<br />3,396,826
<br />3,397,732
<br />906
<br />Capital Improvement Program
<br />7,621,248
<br />6,681,838
<br />(939,410)
<br />Total Expenditures
<br />$ 63,308,987 $
<br />56,733,253 $
<br />(6,575,734)
<br />Revenues
<br />56,185,713
<br />63,183,656
<br />6,997,943
<br />Expenditures
<br />63,308,987 _
<br />56,733,253.
<br />(6,575,734)
<br />Projected vs. Actual Fund Balance Change
<br />$ (7,123,274) $
<br />6,450,403 $
<br />13,573,677
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