Operating Budget 2025-2026

AFFORDABLE HOUSING DEVELOPMENT FUND FIVE-YEAR SUMMARY 1

Actual 2 FY 2024

Actual FY 2022

Actual FY 2023

Revised FY 2025

Adopt ed FY 2026

-

-

4,000,000

3,519,067

2,169,067

Beginning Fund Balance

REVENUES Intergovernmental Revenue

- $

- $

- - - -

- $

- $

$

Program Income

- -

-

- -

- -

Transfers in

4,000,000

Total Revenues

- $ 4,000,000 $

- $

- $

$

EXPENDITURES Operating Expenditures

- $

- $

- $

- $

- - -

$

Housing Project Expenditures

-

-

480,933

-

Total Expenditures

- $

- $

480,933 $

- $

$

1,350,000 *

- -

- -

-

- -

Transfers Out

Total Expenditures/Transfers Out

480,933

1,350,000

Excess (Deficiency) of Revenues Over Expenditures and Transfers

-

4,000,000

(480,933)

-

-

- $ 4,000,000 $ 3,519,067 $ 2,169,067 $

2,169,067

Fund Balance at End of Fiscal Year

$

1 For comparison purposes with other fund summaries, projected and budgeted expenditures are recognized on the modified accrual basis of accounting. 2 The FY 2024 Actuals are unaudited.

* Funds Transferred to the American Rescue Plan Act (ARPA) Fund.

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