This is due to projected revenue collect ions exceeding anticipate d expenditures.
Housing Finance Corporation Fund 241
This fund will begin FY 202 2 with a FB of $ 80 ,3 04 and will end with a FB of $ 6 1,0 54 , which represents a 2 4 . 0 % decrease in FB throughout the year. This reduction is due to the allocation of $ 2 0,000 for the Neighborhood Grant Program for the beautification of the City. Youth Sports Association – Girls Softball Fund 247 This fund will begin FY 202 2 with a FB of $4,625 and is projected to end the year with a FB of $3 , 625, a de crease of 21.6% in FB throughout the year.
CAPITAL PROJECT FUNDS
Senior Center Equipment Replacement Fund Fund 400 This fund will begin FY 202 2 with a FB of $ 3 1 ,799, and is projected to end the year with a FB of $ 37 , 349, an increase of 17 . 5 % in FB throughout the year.
Fire PPE Replacement Fund 401
This fund will begin FY 202 2 with a FB of $1 4 4, 18 5 , and is projected to end the year with a F B of $64,782 , which represents a decrease of 3 4 .5% in FB throughout the year. This d ecrease is due to flat (level) anticipated revenue and an increase in expenditures f or f irefighters’ protective clothing. This fund will carry a fund balance in FY 2021 to save f or the purchases of high-cost PPE in future year s . Park Maintenance Fund 407 This fund will begin FY 202 2 with a FB of $1 00 , 251, and is projected to end the year with a F B of $ 115 , 801, which represents a n in crease of 1 5 .5% in FB throughout the year. This in crease is due to steady transfers in , which are greater than the anticipated costs of supplies to maintain DeSoto parks and trails.
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