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<br />City of Casselberry <br />FY 2007 Budget Changes <br /> <br />9/6/2006 <br /> <br />General Fund <br />Revenues: Proposed BudgelTotal 24,306,504 <br /> Revision to ad valorem taxes due to revised taxable values and revised method of <br /> recording funding to the eRA Fund as a transfer from the General Fund. 761,693 <br /> Reduction in estimate for Communications Service Tax based on data provided by the <br /> State. (9,255) <br /> Reduction in estimate for 1/2 Cent Sales Tax based on data provided by the State. (219,802) <br /> Reduction in estimate for State Revenue Sharing based on data provided by the State. <br /> (200,386) <br /> Increase in Fund Balance to incorporate above revenue changes and expenditure <br /> changes (below). 61,149 393,399 <br /> Approved Budget Total 24,699,903 <br />Expenditures: Proposed Budget Total 24,306,504 <br /> Reduction in Police Department Personal costs by deleting Part-time Records Clerk. (15,406) <br /> Addition of Part-time Intern - Administration position for Community Relations Coordinator <br /> function - $33,847. Funds shifted from Other Contractual/Community Relations line for <br /> zero budget effect. Requested by Interim City Manager. 0 <br /> Addition of Interfund Transfer-Out due to revised method of recording funding to CRA <br /> Fund. 408,805 393,399 <br /> Approved Budget Total 24,699,903 <br /> <br />LOGT Fund <br />Revenues: <br /> <br />Proposed Budget Total <br />Reduction in estimate for LOGT Tax based on data provided by the State. <br />Increase in Fund Balance to incorporate above revenue change. <br />Approved Budget Total <br /> <br />3,103,065 <br /> <br />(112.112) <br />112,112 <br /> <br />3,103,065 <br /> <br />(No change in expenditures.) <br /> <br />eRA Fund <br />Revenues: Proposed Budget Total 760,672 <br /> Elimination of ad valorem taxes due to revised method of recording funding to CRA Fund <br /> as a transfer from the General Fund. (728,672) <br /> Addition of transfer from the General Fund due to revised method of recording funding to <br /> the CRA Fund from the General Fund. And increase in funding from the General Fund due <br /> to increase in taxable values. 408.715 <br /> Addition of Intergovernmental Revenue due to revised method of recording funding to the <br /> CRA Fund from the County. And increase in funding from the County due to increase in <br /> taxable values. <br /> 408,805 <br /> Addition of $18,000 10 investment income and $2,400 to rental income. 20.400 <br /> Use of Fund Balance as projected for FYE 9/30/06 1,367,731 1,476,979 <br /> Approved Budget Total 2,237,651 <br />Expenditures: Proposed BudgetTotal 760,672 <br /> Increase in Professional Services 26,000 <br /> Increase in Economic Opportunity Incentives 10,000 <br /> Increase in Publications, Subsciptions, Training, Etc. 1,000 <br /> Net increases in revenues applied to Undesignated Capital Expenditures 1.439,979 1.476,979 <br /> Approved Budget Total 2,237,651 <br />