Town of Blacksburg Adopted Operating Budget FY 2027

STORMWATER FUND FIVE-YEAR SUMMARY 1

Actual 2 FY 2025

Actual FY 2023

Actual FY 2024

Budget FY 2026

FY 2027 Budget

Beginning Net Position

2,665,079 $

2,916,624 $

3,428,207 $

2,767,651 $

2,246,277

$

REVENUES Stormwater Collection Fees

1,131,788 $

1,138,702 $

1,130,000 $

1,117,014 $

1,167,340

$

Interest Earnings

25,692 22,227

113,580

186,086 16,393

40,000 23,000

156,200 15,000

Miscellaneous Income

6,285

Transfers In

6,369

14,177

-

-

Total Revenues

1,338,540

$ 1,171,302 $ 1,265,830 $ 1,341,181 $ 1,193,000 $

EXPENSES Personnel Services Contractual Services

227,457 $

155,209 $

97,169 $

253,474 $

261,030 403,590 573,656 112,357

$

43,475 571,325

32,100 558,938

127,269 505,784 79,455 60,000

272,850 475,050 111,000

Other

Debt Service Capital Outlay

- -

- -

9,625

4,000

Total Expenses

842,257 $

746,247 $

869,677 $

1,121,999 $

1,354,633

$

Transfers Out

77,500

8,000

6,375

290,000

836,000

Total Expenses/Transfers Out

919,757 $

754,247 $

876,052 $ 1,411,999 $

2,190,633

$

OTHER FINANCING SOURCES Bond Proceeds

-

-

-

-

-

Net Gain (Loss)

251,545

511,583

465,129

(218,999) *

(852,093) *

Ending Net Position

2,548,652 $

1,394,184

$ 2,916,624 $ 3,428,207 $ 3,893,336 $

* Planned Use of Cash

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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