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24-3464 Final Operating Budget for Fiscal Year 2024/2025
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24-3464 Final Operating Budget for Fiscal Year 2024/2025
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9/30/2024 9:52:06 AM
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9/30/2024 9:52:02 AM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
9/23/2024
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Changes from the Proposed Budget to the Adopted Budget <br />General Fund (001) <br />Revenues: Total from the Proposed Budget $ 26,261,899 <br />Increase Reliance on Fund Balance 5,059 <br />Increase Ad Valorem Taxes* 35,005 <br />'Taxable Value slightly increased <br />Total for the Adopted Budget $ 26,301,963 <br />Expenditures: Total from the Proposed Budget $ 26,261,899 <br />Decrease Salaries and Benefits* <br />(24,589) <br />Increase IT Small Tools (SHI Nutanix contract) <br />33,849 <br />Increase Interfund Transfer to CRA Fund <br />804 <br />Increase PD Training <br />9,000 <br />Increase Aids To Government Agencies (Opioid Settlement to SC) <br />21,000 <br />*Minimal Benefit Adjustments (Health Insurance) <br />Total for the Adopted Budget <br />Stormwater Utility Fund (110) <br />Revenues: Total from the Proposed Budget $ 2,611,307 <br />Decrease Reliance on Fund Balance (2,491) <br />Total for the Adopted Budget $ 2,608,816 <br />Expenditures: Total from the Proposed Budget $ 2,611,307 <br />Decrease Salaries and Benefits* (2,491) <br />'Minimal Benefit Adjustments (Health Insurance) <br />Total for the Adopted Budget <br />Community Redevelopment Agency (CRA) (113) <br />Revenues: Total from the Proposed Budget $ 958,213 <br />Decrease Reliance on Fund Balance (90,450) <br />Increase TIF - Seminole County 89,646 <br />Increase interfund transfer from General Fund 804 <br />Total for the Adopted Budget $ 958,213 <br />Expenditures: Total from the Proposed Budget $ 958,213 <br />Total for the Adopted Budget $ 958,213 <br />
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