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Fire Capital FundBalance 12/31/23 $372,485Table 7Current Year20242025202620272028202920302031203220332034ExpenditureFire CIP910,100699,500806,600369,600689,600475,000555,0001,155,000700,000820,000700,000Total Expenditure910,100699,500806,600369,600689,600475,000555,0001,155,000700,000820,000700,000RevenueTax Levy275,000300,000575,000575,000575,000575,000575,000575,000575,000575,000575,000Interest Revenue (1)18,624700018,50028,70029,80037,40043,00030,90032,10030,000State Public Safety Grant040,000000000000LL Buy Out Engine 22 and CMD 1, Utility Vehicle Payment 0 0 640,15000000000Transfer In - Water/Sewer/Parks (for Water Truck) 168,6000000000000Transfer In - GF Surplus (estimate only) 100,000150,000000000000Transfer in - Community Investment Fund 0 0 166,49800000000Antenna Lease (1)0 111,000114,300117,700121,200124,800128,500132,400136,400140,500144,700Total Revenue562,224601,7001,495,948711,200724,900729,600740,900750,400742,300747,600749,700Change in Fund Balance(347,876) (97,800)689,348341,60035,300254,600185,900(404,600)42,300(72,400)49,700Ending Balance$24,609($73,191)$616,157$957,757$993,057$1,247,657$1,433,557$1,028,957$1,071,257$998,857$1,048,557Facilities FundBalance 12/31/23 $5,108,357Table 8Current Year20242025202620272028202920302031203220332034ExpenditureFacilities CIP2,855,2001,375,0001,198,2001,505,000160,000379,000160,000160,000205,000160,000160,000Total Expenditure2,855,2001,375,0001,198,2001,505,000160,000379,000160,000160,000205,000160,000160,000RevenueTax Levy375,000225,000450,000450,000450,000450,000450,000450,000450,000450,000450,000Interest Revenue (1)153,30086,70059,10047,70021,80035,40042,90057,20071,90085,700101,200Antenna Revenue107,8000000000000Grants and Donations (including bonding bills) 0 0 0 0 0 0 0 0 0 0 0Transfer in - Water/Sewer/Storm Fund 0 143,000143,000143,000143,000143,000143,000143,000143,000143,000143,000Transfer in - Community Investment Fund00 166,49800000000Total Revenue 636,100454,700818,598640,700614,800628,400635,900650,200664,900678,700694,200Change in Fund Balance(2,219,100) (920,300) (379,602) (864,300)454,800249,400475,900490,200459,900518,700534,200Ending Balance$2,889,257$1,968,957$1,589,355$725,055$1,179,855$1,429,255$1,905,155$2,395,355$2,855,255$3,373,955$3,908,155NOTES:(1) Expenditures and Revenues are based on the City's 2025 draft budgets. For planning purposes, a 3% annual inflation factor has been used to project future amounts.(2) Revenue are based on the City's 2025 draft budget and for planning purposes, includes an adjustment of 10% within the first 5-year plan and an inflator of 3% for the post 5-year plan.(3) Revenues includes utility rate charges that are based on the utility rate study conducted in 2019 for future year 2020-2025.5 Year CIP Planning Period5 Year CIPPlanning PeriodPage 7 of 7Draft10
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