FY 2023-24 Adopted Budget Book

Capital Improvement-Other Public Works Fund Fund 4 19

This fund will begin FY 202 4 with a FB of $ 4,223,173 , and is projected to end the year with $ 5,5273,484 in FB, a in crease of 24.9 % in FB over the year, due to anticipated bond sale and tax note proceeds .

Equipment Replacement Fund Fund 4 20

This fund is used for replacement of vehicles, motorized equipment, and trailers throughout the organization. The fund will begin FY 202 4 with a FB of $ 3,042,648 and end the year with a FB of $ 3,142,248 , a 3.3 % increase in FB over the year. This increase in FB is primarily due to anticipated tax note proceeds

General Capital Improvements Fund Fund 4 86*

This fund is used for major non-specialized public works. The fund will begin FY 202 4 with a FB of $ 6,716,704 a nd end the year with a FB of $ 5,341,704 a 20.5 % decrease in FB over the year, primarily due to planned capital projects for FY 2024

Street Improvements-CO Bonds Fund Fund 4 90*

This fund is intended for street improvements funded by Certificates of Obligation within City. It will begin FY 202 4 with a FB of $ 7,791,500 and will end with a FB of $ 1,641,500 , a 78.9 % decrease in FB over the year due to significant street infrastructure projects planned for FY 202 4 .

Park Improvements Fund 71 0

This fund is intended for park improvements across the City. This fund will begin FY 202 4 with a FB of $ 321,380 and will end with a FB of $ 321,380 , a 0 % effect in FB . The zero net change in fund balance is due to anticipated bond proceeds that will be offset by park improvement projects.

ToC

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