FY2026 Proposed Operating and Capital Budgets

FY2026 Proposed Budget Fund Budgets

Housing Initiatives

Actual

Actual

Adopted

Proposed Change

2023

2024

2025

2026

%

REVENUES

Property Taxes

704,073

575,398

1,000,000

800,000 -20.0% 1,062,229 15.0% 650,000 490.9%

Other Taxes

1,208,722

1,051,840

923,938 110,000

Investment Earnings Miscellaneous Revenue Budgeted Fund Balance Other Financing Sources

628,366 303,097

868,669 266,608

-

-

-%

5,449,182

2,619,018 2,004,025 7,385,558

5,119,500 1,500,000 8,653,438

3,127,500 -38.9%

50,000

-

-100.0%

Total

8,343,440

5,639,729 -34.8%

EXPENDITURES Salaries - Regular Employees

1,366

- - -

- -

- -

-% -% -% -%

Benefits

114

Other Services Rental Expense

-

15,000

15,000

63,604

3,508

-

-

Miscellaneous Expense

5,413,607 5,478,691

2,650,445 2,653,953

8,638,438 8,653,438

5,624,729 -34.9% 5,639,729 -34.8%

Total

FY23 expenses have been updated to reflect adjusted encumbrance amounts.

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