ALLOCATIONS The Allocations Budget is an administrative budget that captures fund-level revenue and expenses. Revenue includes property taxes, replacement taxes, interest income and miscellaneous reimbursements. Expenses include administrative costs that are shared by various departments and are identified within each fund. ALLOCATIONS- RECREATION FINAL 2023 FINAL 2024 BUDGET 2025 PROJECTIONS 2025 BUDGET 2026 2026 VS. 2025 PROJ % 2026 VS. 2025 BUDGET % REVENUE Property Taxes $3,189,931 $4,006,734 $4,000,000 $3,942,477 $4,000,000 $57,523 1% - 0% Replacement Taxes 106,600 - - - - - 0% - 0% Investment Income 262,713 326,737 224,700 279,700 219,500 (60,200) -22% (5,200) -2% Miscellaneous 243,252 286,913 252,955 252,416 255,167 2,751 1% 2,212 1% Total Revenue 3,802,496 4,620,384 4,477,655 4,474,593 4,474,667 74 0% (2,988) -0% EXPENSES Wages & Benefits (19,737) (63,815) 40,000 - 40,000 40,000 0% - 0% Supplies 5,425 5,792 8,300 8,310 8,300 (10) -0% - 0% Contractual Services 67,532 69,770 76,300 76,300 70,466 (5,834) -8% (5,834) -8% Utilities 620,204 662,948 683,480 698,863 738,361 39,498 6% 54,881 8% Total Expenditures 673,424 674,695 808,080 783,473 857,127 73,654 9% 49,047 6% Surplus/(Deficit) Before Transfers $3,129,072 $3,945,689 $3,669,575 $3,691,120 $3,617,540 ($73,580) -2% ($52,035) -1% Transfer from General Fund 1,063,551 - 1,531,659 1,163,747 1,874,893 711,146 61% 343,234 22% Surplus/(Deficit) $4,192,623 $3,945,689 $5,201,234 $4,854,867 $5,492,433 $637,566 13% $291,199 6%
2026 BUDGET 71
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