Operating Budget 2025-2026

GENERAL FUND REVENUES (continued)

Adopted/Amended

Manager

% Change

Actual

Budget

Revised

Recommended

From

FY 2023/24

FY 2024/25

FY 2024/25

FY 2025/26

FY 2024/25

CHARGES FOR RENTAL OF PROPERTY

Parking Meter and Lot Charges Rental of General Property

$

289,496 $

370,100 $

370,100 $

330,100 40,000 239,000 109,300 113,000 11,100

(10.8%) (60.7%)

64,556 232,362 104,080 108,996 11,100

101,800 230,000 101,400 111,000 11,100

101,800 230,000 101,400 111,000 11,100

Rental of Cell Sites

3.9% 7.8% 1.8% 0.0%

Rental of Recreational Property

Rental Armory Building

Rental of Armory Parking Lot

Charges for Rental of Property Total

$

810,590 $

925,400 $

925,400 $

842,500

(9.0%)

CHARGES FOR SERVICES

Sale of Police Cars/Government Vehicles

$

179,115 $

110,000 $

110,000 $

110,000

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 1.4% 0.0% 0.0% 0.0% 0.0%

Cost Sharing Program

-

1,000 6,000 1,000 3,500 2,100

1,000 6,000 1,000 3,500 2,100

1,000 6,000 1,000 3,500 2,100

Sale of Materials and Supplies

1,896

Electric Charger Fees

864

Sale of Cemetery Lots/Transfer Fees

6,030 1,962

Reproducing Police Reports Fire Protection Services

452,559

465,000

465,000

425,700

(8.5%)

Montgomery County Reimbursement

8,084

9,400

9,400

9,400

Virginia Tech Electric

309,785 35,300

314,500 35,000

314,500 35,000

319,000 35,000

Digging of Graves

Weed Cutting Charges

1,784

5,000

5,000

5,000

Sale of Maps, Surveys, Etc.

0

100

100

100

Downtown Event Application Fee

1,700

1,400

1,400

1,400

Charges for Services Total

$

999,079 $

954,000 $

954,000 $

919,200

(3.6%)

INTERFUND TRANSFERS

Water and Sewer Fund Transfer

$ 1,191,799 $

1,272,500 $ 1,272,500 $ 1,272,500

0.0% 0.0% 3.1% 0.0%

Stormwater Fund Transfer

510,399 900,099 308,000

479,200 911,500 359,000

479,200 911,500 359,000

479,200 940,000 359,000

Transit Fund Transfer

Solid Waste & Recycling Fund Transfer

Interfund Transfers Total

$ 2,910,297 $

3,022,200 $ 3,022,200 $ 3,050,700

0.9%

FINES AND FORFEITURES

Court Fines and Forfeitures Parking Fines/Traffic Tickets

$

48,265 $

30,000 $

30,000 $

30,000 139,000 16,400

0.0%

142,840 22,705

150,000 16,400

150,000 16,400

(7.3%)

Parking Fines/Traffic Tickets/Late Penalty

0.0%

Fines and Forfeits Total

$

213,810 $

196,400 $

196,400 $

185,400

(5.6%)

INTEREST ON INVESTMENTS

Interest on Bank Deposits

$ 1,951,261 $

750,000 $

750,000 $

750,000

0.0%

Interest on Investments

$ 1,951,261 $

750,000 $

750,000 $

750,000

0.0%

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