Recommended FY 2022-2024 Operating Budget and CIP

FY 2023-24 Fund Balance Projection (continued)

07.01.2023

23-24

23-24

23-24

23-24

06.30.2024

Projected Starting Fund Balance

Projected Ending Fund Balance

Projected Revenues

Projected Transfers In

Projected Transfers Out

Projected Expenditures

Enterprise Funds 640

Wastewater Operations Wastewater Impact

$

2,481,877 4,017,289 2,889,358 12,205,892 3,267,395 2,885,536 3,285,683 11,008,163 42,041,193

$

15,569,107 4,429,159

$

- -

$

5,698,943

$

9,643,247 6,341,216

$

2,708,794 1,390,079 3,079,486 6,414,455 3,373,729 2,338,651 3,284,280 5,782,723 28,372,196

641 642 643 650 651 652 653

715,153

Wastewater Rate Stabilization Wastewater Capital Project

-

192,000 5,082,453 571,318

- -

1,872

122,059

10,995,950 12,939,127 1,620,546 12,173,788 53,717,148 1,403

Water Operations

19,215,464 1,749,071

6,741,321

Water Impact

- -

675,409

Water Rate Stabilization Water Capital Project

-

- -

105,639

6,842,709 12,688,480

Subtotal

$

$

41,190,498

$

$

13,830,827

$

$

Internal Service Funds 730

Information Systems Building Maintenance Building Replacement

813,134 (11,578)

2,493,922 1,675,215

- - - - - - - - - - - - - - - -

2,701

2,418,093 1,587,560

886,262 76,076

740 741 745 760 770 790 791 795

- - - - - -

3,584,264

849,973

10,000

900,000

3,544,237 105,322 291,728 1,448,709 6,655,124 1,328,587 1,501,203 15,837,248

Capital Project Implementation Unemployment Insurance Workers' Compensation Equipment Replacement Employee Benefits Fund General Liability Insurance

56,007 303,788

2,059,092

7,575

2,002,202

2,940

15,000

1,499,532 6,064,984 1,228,791 1,445,766 14,984,687

997,442

1,048,265

1,155,990 849,796 2,103,483 12,187,852

10,000

575,850 750,000

587

2,047,459 11,344,428

Subtotal

20,000

10,863

Agency Funds 250

COMH as the Successor Agency of the MHRDA

$

5,098,225

$

6,307,942

$

$

- - - - - - - - -

$

6,220,192

$

5,185,975

820 830 835 843 844 845 846 881

Special Deposits

73,894 98,455

733 928

-

74,627 89,668 1,756 21,465 43,293 901,694 78,272 28,472

Downtown MH PBID

9,715

MH Tourism Business Improvement District

1,739

17

-

MH Business Ranch - 1998 AD

398,845 42,868 831,986 75,492 28,192

2,034

379,415

MH Business Ranch Reassessment 2004 Madrone Business Park - Exempt Madrone Business Park - Taxable

425

-

751,999 92,455

682,291 89,676

Police Donation Trust

280

-

Subtotal

$

6,649,696

$

7,156,813

$

-

$

-

$

7,381,288

$

6,425,221

Total All Funds

$

114,522,466

$

135,550,175

$

18,305,315

$

18,305,316

$

149,409,123

$

100,663,518

BUDGET SUMMARY 81