Town of Blacksburg Adopted Operating Budget FY 2027

MIDTOWN SPECIAL SERVICE DISTRICT FUND FIVE-YEAR SUMMARY 1

Actual 2 FY 2025

Actual FY 2023

Actual FY 2024

Budget FY 2026

Budget FY 2027

$ 65,126

$ 133,441

$ 133,152

$

133,152

$ 30,514

Beginning Fund Balance

REVENUES Real Estate Taxes Interest Income

15,533 19,080 198,675 233,288

42,667 46,523 534,200 623,390

56,143

25,000

50,470

6,248

-

-

Transfers in

596,500 658,891

667,900 692,900

642,230 692,700

Total Revenues

EXPENDITURES Debt Service

198,676 198,676

555,075 555,075

621,475 621,475

692,900 692,900

692,700 692,700

Total Expenditures

Excess (Deficiency) of Revenues Over Expenditures and Transfers

34,612

68,315

37,416

-

-

Ending Fund Balance

$

65,126

$ 133,441

$ 170,857

$

133,152

$

133,152

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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