FY 2024-25 Adopted Budget Book

City of DeSoto, Texas

FY 2024-25 Adopted Budget

DEBT SERVICE SUMMARY FUND 305

FY 2023 Actuals

FY 2024 Budget

FY 2024 Projected

FY 2025 Adopted

FY 2026 Planning

Account Description

FUND BALANCE-BEGINNING BAL. REVENUE INTERGOVERNMENTAL REIMBURSE

4,382,942 $

6,669,289 $ 7,467,121

$ 4,290,145 $

4,382,942 $

70,150

358,407

358,407

358,407

358,407

CURRENT TAXES DELINQUENT TAXES PENALTIES & INTEREST INTEREST REVENUE

9,157,132 12,712,490

12,712,490

14,027,500 14,518,400

36,050 51,356 308,491 199,714

75,000 50,000 100,000 199,714

75,000 50,000 100,000 199,714

75,000 50,000 100,000 199,714

75,000 50,000 100,000 199,714

TRANS FROM 101-GENERAL FUND

TRANS FROM 125-DDC

-

1,000,000

1,000,000

1,000,000

1,000,000

TRANS FROM 228-FIRE TRAINING REFUND OF EXCESS FUNDS

32,250

32,250

32,250

47,250

47,250

-

-

-

-

-

TOTAL REVENUE

9,855,144 14,527,861 14,145,289 18,910,803

14,527,861 18,910,803

15,857,871 16,348,771 22,527,160 23,815,892

TOTAL AVAILABLE RESOURCES

EXPENDITURES DEBT SERVICE

9,736,047 12,215,214

12,215,214

15,033,739 15,033,739

TRANSFERS TO OTHER FUNDS

26,300

26,300

26,300

26,300

26,300

TOTAL EXPENDITURES

9,762,347 12,241,514

12,241,514

15,060,039 15,060,039

7,467,121 $ 8,755,853

FUND BALANCE-ENDING 4,382,942 $ $

6,669,289 $

6,669,289 $

I&S TAX Rate

0.1205019

0.181607

0.181607

0.181607

0.181607

257

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