Equipment Replacement

The primary function of this fund is to establish a reserve for the replacement of capital equipment. A similar fund has been established for the water, sewer and stormwater enterprise funds and for the refuse fund. All non-enterprise capital equipment will be purchased by this fund.

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Actual
2022
($)
Actual
2023
($)
Actual
2024
($)
Actual
2025
($)
Budget
2026
($)
Revenue
Other 62,951 10,915 37,718 18,373 -
Grants and Subsidies 15,000 - 40,000 - -
Total Revenue 77,951 10,915 77,718 18,373 -
Expenditures
Capital Equipment
Administrative Equipment 44,000 - - 17,898 -
Administrative Vehicles - - - - -
Beautification Equipment - 9,995 35,000 219 40,000
Beautification Vehicles - - - 32,609 35,000
Computer Replacement 40,000 60,000 50,000 58,198 30,000
Health Vehicles - - - - -
Parks and Recreation Equipment 22,958 103,015 43,720 47,356 48,000
Parks and Recreation Vehicles 42,000 - - - -
Police Vehicles - - - - -
Public Works Equipment - - - - -
Refuse Equipment - - - - -
Refuse Vehicles - - - 8,800 -
Safety Equipment 13,159 25,000 52,535 54,093 37,500
Safety Vehicles 170,000 112,500 308,000 304,465 1,033,000
Service Center Equipment 60,745 17,100 19,988 18,253 -
Service Center Vehicles - - 49,489 61,049 -
Smith Gardens Equipment - - - - -
Street Equipment 87,398 130,706 32,862 8,475 -
Street Vehicles 8,740 198,000 44,993 80,151 150,000
Contingency - Cap. Equip. - - - - -
Total Capital Equipment 489,000 656,316 636,587 691,566 1,373,500
Total Expenditures 489,000 656,316 636,587 691,566 1,373,500
Excess (Deficiency) of
Revenues over Expenditures
(411,049) (645,401) (558,869) (673,193) (1,373,500)
Other Financing Sources and Uses:
Transfers In
From General Fund 500,000 600,000 625,000 392,725 1,000,000
From All Other Funds - - - - -
Total Other Financing Sources and Uses 500,000 600,000 625,000 392,725 1,000,000
Net Change in Fund Balance 88,951 (45,401) 66,131 (280,468) (373,500)
Cash Balance, Jan. 1 1,566,130 1,490,274 1,622,514 1,710,642 1,430,174
Add: Receipts 577,951 610,915 702,718 411,098 1,000,000
Less: Disbursements (653,807) (478,675) (614,590) (691,566) (603,511)
Cash Balance, Dec. 31 1,490,274 1,622,514 1,710,642 1,430,174 1,826,663
Less: Outstanding Encumbrances (273,454) (450,778) (471,275) (180,011) (950,000)
Unencumbered Fund Balance, Dec. 31 1,216,820 1,171,736 1,239,367 1,250,163 876,663
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