Town of Blacksburg Adopted Operating Budget FY 2027

TOWN OF BLACKSBURG FUND BALANCE DETERMINATION ALL FUNDS FY 2027

Estimated Ending Fund Balance (6/30/27) $ 8,093,776

Estimated Beginning Fund Balance (7/01/26)

Estimated Revenues

Estimated Expenditures $ 57,716,491

Fund No. Fund

102 General*

$ 15,640,667

$ 50,169,600

106 State Fire Fund*

1,125,000

-

1,125,000 1,354,142

- - - -

112 Rescue 210 CDBG

- - -

1,354,142

517,900 712,800

517,900 712,800

211 HOME Consortium

Midtown Special Service District

231

133,152

692,700

692,700

133,152

303 Water & Sewer*

11,687,054

16,751,300

18,193,869

10,244,485

Solid Waste & Recycling*

305

825,495

3,043,802 1,338,540 29,415,768

2,943,707 2,190,633 29,575,826

925,590

307 Stormwater*

2,246,277 12,310,200

1,394,184 12,150,142

311 Transit

Equipment Operations*

407

560,800

1,520,452

1,597,700

483,552

General Capital Improvements

820

-

9,034,720

9,034,720

-

Total

$ 44,528,645

$114,551,724

$ 125,655,488

$33,424,881

Fund Balance Changes For budgetary purposes, fund balance represents the cumulative resources available in a fund after accounting for estimated revenues, expenditures, and other financing sources and uses. Fund balance is an important indicator of financial flexibility because it provides resources for cash flow, emergencies, one-time capital needs, grant or restricted-purpose timing differences, and other approved uses consistent with Town financial policies. The FY 2027 budget projects a total beginning fund balance of $44,528,645 across all funds. Estimated revenues total $114,551,724, while estimated expenditures total $125,655,488. As a result, total fund balance is projected to decrease by $11,103,764, ending FY 2027 at $33,424,881. The projected decrease is primarily attributable to the planned use of accumulated fund balance for one-time capital projects and other non-recurring needs. The use of fund balance in

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