REVENUE & EXPENDITURE ASSUMPTIONS
TRANSFERS-OUT
Historic actuals include prior year’s year -end surpluses and the recovered revenues to the Irvine Recovery Plan. FY 2023-25 expenditure transfers-out include:
$4 million in direct support to Irvine’s schools.
$10.3 million in FY 2023-24 and $10.8 million in FY 2024-25 for landscape, lighting, and park maintenance at neighborhood and community parks citywide from the General Fund. Over $600,000 annually to support senior programs such as the home delivered meal program, nutrition transportation, and in-home services.
Over $50,000 in FY 2023-24 and FY 2024-25 for the iShuttle program.
$2 million in FY 2024-25 for the Asset Management Fund, providing financial su pport to the City’s aging infrastructure.
68
FY 2023-25 Adopted Budget
Made with FlippingBook interactive PDF creator