City of Irvine - Fiscal Year 2023-25 Adopted Budget

SPECIAL FUNDS

Fund 153: ASSET FORFEITURE ORANGE COUNTY AND STATE FUND The Regional Narcotics Suppression Program has served the citizens of Orange County since December 1986. Under state and federal statutes, the City of Irvine receives an equitable share of seized drug funds and real property, along with reimbursement of related overtime expenses in exchange for participating in the program. These funds may only be spent for law enforcement purposes and are intended to supplement, not supplant, existing funds. Revenues may not be budgeted until actually received due to the uncertainty of timing and amount of forfeitures. Appropriations are funded by the available fund balance. Fifteen percent of the funds must be spent to combat drug abuse and divert gang activity. The funds are expected to be used for one-time purchases of operational supplies, training, and equipment for Public Safety needs.

2021-22 ACTUAL

2022-23

2023-24

2024-25

FUND 153

ESTIMATED

ADOPTED

ADOPTED

BEGINNING FUND BALANCE REVENUES MISCELLANEOUS REVENUES

249,779

318,633

338,757

-

(12,038)

-

- - -

- - - - - - -

REVENUE FROM OTHER AGENCIES

80,892 68,854

20,123 20,123

SUB-TOTAL REVENUE

EXPENDITURES SUPPLIES

- -

- -

338,757 338,757

SUB-TOTAL APPROPRIATIONS

FUND BALANCE - RESTRICTED ENDING FUND BALANCE

318,633 318,633

338,757 338,757

- -

346

FY 2023-25 Adopted Budget

Made with FlippingBook interactive PDF creator