Bullock Endowment Trust
This fund was established by Ordinance No. 1552 on May 6, 2002 to hold in safekeeping the original donation of $50,000 from former Mayor Gretchen Bullock which may not be expended. Only the interest earned maybe expended for trees and / or plant materials that contribute to the ambiance of the City. This fund was subsequently amended by Resolution No. 1580 dated October 20, 2003, to permit other purchases that enhance the community ambiance as may be specifically approved by Gretchen Bullock.
Scroll horizontally to view all years and amounts.
| Actual | Actual | Actual | Actual | Budget | |
|---|---|---|---|---|---|
| 2022 | 2023 | 2024 | 2025 | 2026 | |
| ($) | ($) | ($) | ($) | ($) | |
| Revenue | |||||
| Donation | - | - | - | - | - |
| Interest | 331 | 1,357 | 1,355 | 1,855 | 1,600 |
| Total Revenue | 331 | 1,357 | 1,355 | 1,855 | 1,600 |
| Expenditures | |||||
| Contractual Services | |||||
| Community Improvements | - | - | - | - | - |
| Total Contractual Services | - | - | - | - | - |
| Materials and Supplies | |||||
| Plant Material Replacement | 500 | 500 | 500 | 600 | 1,000 |
| Total Materials and Supplies | 500 | 500 | 500 | 600 | 1,000 |
| Total Expenditures | 500 | 500 | 500 | 600 | 1,000 |
| Excess (Deficiency) of Revenues over Expenditures |
(169) | 857 | 855 | 1,255 | 600 |
| Net Change in Fund Balance | (169) | 857 | 855 | 1,255 | 600 |
| Cash Balance, Jan. 1 | 51,521 | 50,852 | 51,709 | 52,564 | 53,819 |
| Add: Receipts | 331 | 1,357 | 1,355 | 1,855 | 1,600 |
| Less: Disbursements | (1,000) | (500) | (500) | (600) | (1,000) |
| Cash Balance, Dec. 31 | 50,852 | 51,709 | 52,564 | 53,819 | 54,419 |
| Less: Outstanding Encumbrances | - | - | - | - | - |
| Unencumbered Fund Balance, Dec. 31 | 50,852 | 51,709 | 52,564 | 53,819 | 54,419 |