General Fund
The General Fund functions as the central depository and provides primary financial support for many of the city's services. Taxes deposited into this fund are also transferred to other funds to support various operating functions.
On narrow screens, scroll horizontally to view all five year columns.
| Actual | Actual | Actual | Actual | Budget | |
|---|---|---|---|---|---|
| 2022 | 2023 | 2024 | 2025 | 2026 | |
| ($) | ($) | ($) | ($) | ($) | |
| Capital Outlay | |||||
| Buildings and Grounds | 158 | 158 | 116 | 26,865 | - |
| Total Capital Outlay | 158 | 158 | 116 | 26,865 | - |
| Miscellaneous | |||||
| Council | 5,179 | 90 | - | 162 | 6,000 |
| Administration | 11,312 | 9,822 | 18,043 | 7,560 | 18,300 |
| Municipal Court | 94 | - | - | 243 | 750 |
| Buildings and Grounds | - | - | - | - | 100 |
| Police | 1,139 | 965 | 1,691 | 2,882 | 1,500 |
| Fire | 1,440 | 1,148 | 1,604 | 1,314 | 1,500 |
| Engineering | 225 | 150 | 942 | - | 500 |
| Beautification / Parks and Gardens | 12,650 | 4,019 | 4,144 | 2,908 | 10,000 |
| Contingency | - | - | - | - | - |
| Total Miscellaneous | 32,039 | 16,194 | 26,424 | 15,069 | 38,650 |
| Total Expenditures | 8,836,356 | 9,279,713 | 9,742,813 | 10,409,903 | 12,252,303 |
|
Excess (Deficiency) of Revenues over Expenditures |
5,363,065 | 5,273,542 | 4,721,873 | 5,158,874 | 3,612,321 |
| Other Financing Sources and Uses: | |||||
| Transfers In | |||||
| From MLK Community Recognition | - | - | - | - | - |
| Police Transfers Out | |||||
| To Motor Pool | (100,157) | (124,707) | (119,782) | (130,925) | (137,280) |
| Fire Transfers Out | |||||
| To Motor Pool | (3,036) | (3,779) | (3,630) | (3,968) | (4,160) |
| Engineering Transfers Out | |||||
| To Motor Pool | (3,036) | (3,779) | (3,630) | (3,968) | (4,160) |
| Beautification Transfers Out | |||||
| To Motor Pool | (12,139) | (15,116) | (14,519) | (15,870) | (16,640) |
| General Fund Transfers Out | |||||
| (to various funds - see summary) | (4,971,715) | (5,633,653) | (3,490,306) | (3,024,658) | (5,842,446) |
| Total Other Financing Sources and Uses | (5,090,083) | (5,781,034) | (3,631,867) | (3,179,389) | (6,004,686) |
| Net Change in Fund Balance | 272,982 | (507,492) | 1,090,006 | 1,979,485 | (2,392,365) |
| Cash Balance, Jan. 1 | 9,187,716 | 9,385,286 | 8,875,130 | 9,902,311 | 11,881,799 |
| Add: Receipts | 14,199,421 | 14,553,255 | 14,464,686 | 15,568,777 | 15,864,624 |
| Less: Disbursements | (14,001,851) | (15,063,411) | (13,437,505) | (13,589,289) | (18,382,059) |
| Cash Balance, Dec. 31 | 9,385,286 | 8,875,130 | 9,902,311 | 11,881,799 | 9,364,364 |
| Less: Outstanding Encumbrances | (80,227) | (129,771) | (157,484) | (125,070) | - |
| Unencumbered Fund Balance, Dec. 31 | 9,305,059 | 8,745,359 | 9,744,827 | 11,756,729 | 9,364,364 |