Town of Blacksburg Adopted Operating Budget FY 2027

AFFORDABLE HOUSING DEVELOPMENT FUND FIVE-YEAR SUMMARY 1

Actual 2 FY 2025

Actual FY 2023

Actual FY 2024

Budget FY 2026

Budget FY 2027

-

4,000,000

3,519,067

2,169,067

3,239,486

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

279,581

-

Total Expenditures

- $

480,933 $

279,581 $

- $

$

- -

-

-

- -

Transfers Out

- -

Total Expenditures/Transfers Out

480,933

279,581

Excess (Deficiency) of Revenues Over Expenditures and Transfers

4,000,000

(480,933)

(279,581)

-

-

Ending Fund Balance

4,000,000 $

3,519,067 $

3,239,486 $

2,169,067 $

3,239,486

$

1 For comparison purposes with other fund summaries, projected and budgeted expenditures are recognized on the modified accrual basis of accounting. 2 The FY 2025 Actuals are unaudited.

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