Town of Blacksburg Adopted Operating Budget FY 2027

GENERAL FUND DEBT SERVICE FUNDING SUMMARY

% Change

Actual

Budget FY 2026

From

Expended FY 2025

Budget FY 2027

FY 2026

Item Account Principal Payments Semi-Annual Interest

$

$

2,190,000 $

2,115,260 1,175,137 202,571

2,291,112 1,024,031

8.3%

1,120,000

(12.9%) (77.2%)

Issuance/Fiscal Agent Costs

33,325

46,200

Total

$

3,492,968 $

3,343,325 $

3,361,343

0.5%

General Fund Debt Service Total FY 2027 Expenditures: $3,361,343

Debt Service - Semi-Annual Interest Payments 33.5%

Debt Service - Principal Payments 65.5%

Issuance Costs/Fiscal Agent Services 1.0%

GENERAL FUND NON-DEPARTMENTAL FUNDING SUMMARY

Actual

% Change

Expended FY 2025

Budget FY 2026

FY 2027 Budget

From

FY 2026

Item Account Contingency

$

$

$

-

234,750 947,900

282,400 1,907,572 2,189,972

20.3% 101.2% 85.2%

Transfers/Non-Departmental

1,575,186

$

1,575,186 $

1,182,650 $

Total

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