HomeMy WebLinkAboutFY 26 General Fund Balance Carryover as of 5-30-26 for Budget Work Meeting and Tentative BudgetGeneral Fund Balance Carryover Estimated with All
Recommended/
Adopted After
Actual Actual Forecast Requests prior to Cuts Budget Cuts
2023 2024 2025 2026 2026
Fund Balance as of beginning of year 6,901,374$ 6,941,876$ 5,860,191$ 5,431,391$ 5,431,391$
Actual/Forecast/Budgeted Carryover(shortage)40,502$ (1,081,685)$ (428,800)$ (2,267,400)$ (1,329,800)$
Net available as of end of the year 6,941,876$ 5,860,191$ 5,431,391$ 3,163,991$ 4,101,591$
Expenditures including contingency 15,833,790$ 19,377,609$ 18,897,800$ 20,486,800$ 19,562,800$
Less Contingency -$ -$ -$ (250,000)$ (125,000)$
Net Expenditures 15,833,790$ 19,377,609$ 18,897,800$ 20,236,800$ 19,437,800$
Minimum Reserve % of Expenditures:25%3,958,447$ 4,844,402$ 4,724,450$ 5,059,200$ 4,859,450$
Amount Above Minimum Reserve:25%2,983,428$ 1,015,789$ 706,941$ (1,895,209)$ (757,859)$
Actual Percentage 43.84%30.24%28.74%15.63%21.10%
Maximum Reserve % of Expenditures 33%5,225,151$ 6,394,611$ 6,236,274$ 6,678,144$ 6,414,474$
Amount over/(Under) 33%1,716,725$ (534,420)$ (804,883)$ (3,514,153)$ (2,312,883)$
2023 2024 2025 2026 Dollar Percentage
General Fund Transfers-Subsidies Actual Actual Forecast Budget Increase Increase
FUND TFR -RECREATION PROGRAMS 78,911$ 5,728$ 2,200$ -$ (2,200) -100.0%
FUND TFR -TABERNACLE 204,599$ 986,967$ 400,800$ 257,000$ (143,800) -35.9%
FUND TFR -DARE 8,500$ 8,500$ 6,000$ 4,000$ (2,000) -33.3%
FUND TFR - FIRE STAT BLDG -$ -$ 85,000$ 40,000$ (45,000) -52.9%
FUND TFR -JOINT FIRE OPERATION 1,491,188$ 1,936,659$ 1,903,400$ 2,146,100$ 242,700 12.8%
FUND TFR -JOINT FIRE EQUIP 65,004$ 64,992$ 65,000$ 65,000$ - 0.0%
FUND TFR -R RAPIDS CAP REPLACE 65,004$ 25,008$ 20,000$ 65,000$ 45,000 225.0%
FUND TFR -LEGACY FLIGHT MUSEUM 15,000$ 15,000$ 13,000$ 18,000$ 5,000 38.5%
FUND TFR-NEW CITY/POL BLDG RES 400,000$ 425,004$ 300,000$ 300,000$ - 0.0%
FUND TFR- TRAILS FUND 30,000$ 30,000$ 10,000$ 5,000$ (5,000) -50.0%
FUND TFR -ROMANCE THEATER 172,473$ 225,071$ 101,800$ 115,300$ 13,500 13.3%
FUND TFR-PARKS CAP RESERVE 210,727$ 100,000$ 92,600$ 5,000$ (87,600) -94.6%
FUND TFR- AIRPORT OPERATIONS 16,000$ 20,000$ 18,500$ 13,500$ (5,000) -27.0%
FUND TFR -AIRPORT CONSTRUCTION 7,944$ 32,943$ 22,500$ 32,000$ 9,500 42.2%
FUND TFR -AIRPORT RELO.RESERVE 20,004$ 10,008$ 5,000$ 3,000$ (2,000) -40.0%
FUND TFR -GOLF OPERATIONS 50,000$ 25,300$ -$ -$ -
FUND TFR -GOLF DEBT SERVICE 24,996$ 152,654$ 60,000$ 50,000$ (10,000) -16.7%
FUND TFR -REXBURG CULTURAL ART 151,867$ 109,187$ 129,600$ 137,100$ 7,500 5.8%
FUND TFR-FIBER RESERVE -$ -$ -$ -$ -
FUND TF-ENTREPRENEURIAL EFFORT 15,000$ -$ -$ -$ -
FUND TFR-FIBER OPER 183,842$ -$ -$ -$ -
3,211,059$ 4,173,019$ 3,235,400$ 3,256,000$ 20,600$ 0.6%
Street Funds
Fund Description Fund
2024
Carryover
2025
Forecasted
Carryover
2026 Forecasted
Carryover
Street Operations 2 -$ -$
Street Impact 33 2,251,793$ 2,199,800$ 1,282,600$
Street Repair 43 3,919,835$ 3,726,400$ 2,355,100$
New Street Construction 44 834,547$ 436,900$ 296,600$
Total 7,006,175$ 6,363,100$ 3,934,300$
Sanitation Fund 2024 2025 2026
Fund Description Fund
Year End
Reserve
Year End
Forecasted
Reserve
Year End Budgeted
Reserve Notes
Sanitation Operations 25 2,245,103$ 719,003$ 552,803$
Water Funds 2024 2025 2026
Fund Description Fund
Year End
Reserve
Year End
Forecasted
Reserve
Year End Budgeted
Reserve Notes
Water Operations 26 7,349,306$ 5,534,406$ 2,449,306$
Water Capital Reserve 34 2,947,000$ 2,908,000$ 720,000$
Water Capital Construction 42 -$ -$
Total 10,296,306$ 8,442,406$ 3,169,306$
Wastewater Funds 2024 2025 2026
Fund Description Fund
Year End
Reserve
Year End
Forecasted
Reserve
Year End Budgeted
Reserve Notes
Sewer Operations 27 7,960,765$ 5,922,965$ 3,848,865$
Sewer Capital Reserve 35 4,103,532$ 4,615,700$ 215,500$
Sewer Plant Construction 52 18,500$ -$ -$
Total 12,082,798$ 10,538,665$ 4,064,365$
Many Large Capital Projects FY 25 & FY 26
Transfer in from Fund 27 and 35 to zero
out fund. From Grants, including ARPA
Large drop from New Shop in FY 25
Many Large Capital Projects FY 25 & FY 26
Many Large Capital Projects FY 25 & FY 26
Transfer in to zero out fund
Many Large Capital Projects FY 25 & FY 26