Town of Blacksburg Adopted Operating Budget FY 2027

GENERAL FUND REVENUES (continued)

% Change

Actual

Budget FY 2026

Budget FY 2027

From

FY 2025

FY 2026

CHARGES FOR RENTAL OF PROPERTY

Parking Meter and Lot Charges Rental of General Property

$

211,936 $

278,100 $

440,600

58.4%

0

0

0

0.0% 0.4% 0.5% 0.0% 3.6%

Rental of Cell Sites

128,668 203,266 108,996 11,100

239,000 201,300 113,000 11,100

240,000 202,400 113,000 11,500

Rental of Recreational Property

Rental Armory Building

Rental of Armory Parking Lot

Charges for Rental of Property Total

$

663,966 $

842,500 $

1,007,500

19.6%

CHARGES FOR SERVICES

Sale of Police Cars/Government Vehicles

$

57,145 $

110,000 $

110,000

0.0%

Cost Sharing Program

5,000 1,360

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

4,000 6,000 1,000 5,000 2,100

300.0%

Sale of Materials and Supplies

0.0% 0.0%

Electric Charger Fees

165

Sale of Cemetery Lots/Transfer Fees

5,040 2,251

42.9%

Reproducing Police Reports Fire Protection Services

0.0%

586,939

425,700

600,000

40.9%

Montgomery County Reimbursement

-

9,400

9,400

0.0% 7.5% 0.0% 0.0%

Virginia Tech Electric Digging of Graves Weed Cutting Charges Sale of Maps, Surveys, Etc.

337,470 22,900

319,000 35,000

343,000 35,000

6,199 7,939

5,000

5,000

10,400

10,100

(2.9%)

Sale of Land/Bldgs

226,207

0.0%

Downtown Event Application Fee

2,175

1,400

2,000

42.9%

21.9%

1,132,600

Charges for Services Total

$

1,260,790 $

929,500 $

INTERFUND TRANSFERS

Water and Sewer Fund Transfer

$

1,272,500 $

1,272,500 $

1,270,000

(0.2%) 10.8% 27.7% (30.1%)

Stormwater Fund Transfer

479,200 911,500 359,000

479,200 940,000 359,000

531,000

Transit Fund Transfer

1,200,000

Solid Waste & Recycling Fund Transfer

251,000

Interfund Transfers Total

$

3,022,200 $

3,050,700 $

3,252,000

6.6%

FINES AND FORFEITURES

Court Fines and Forfeitures Parking Fines/Traffic Tickets

$

54,040 $

30,000 $

50,000 127,000 18,400

66.7% (8.6%) 12.2%

110,455 17,070

139,000 16,400

Parking Fines/Traffic Tickets/Late Penalty

Fines and Forfeits Total

$

181,565 $

185,400 $

195,400

5.4%

INTEREST ON INVESTMENTS

Interest on Bank Deposits

$

1,282,184 $

750,000 $

1,000,000

33.3%

Interest on Investments

$

1,282,184 $

750,000 $

1,000,000

33.3%

31