is due to additional revenue collected to anticipate increase in expenditures.
Housing Finance Corporation Fund 241
This fund will begin FY 2021 with a FB of $120,312 and will end with a FB of $81,062, which represents a 28.1% decrease in FB throughout the year. This reduction is due to the allocation of $40,000 for the Neighborhood Grant Program for the beautification of our City, as well as the lack of revenues to offset this expenditure. Youth Sports Association – Girls Softball Fund 247 This fund will begin FY 2021 with a FB of $4,625 is projected to end the year with a FB of $3625, which represents an increase of 21.6% in FB throughout the year.
CAPITAL PROJECT FUNDS
Senior Center Equipment Replacement Fund Fund 400
This fund will begin FY 2021 with a FB of $21,433 is projected to end the year with a FB of $26,983 which represents an increase of 26.0% in FB throughout the year.
Fire PPE Replacement Fund 401
This fund will begin FY 2021 with a FB of $114,582 is projected to end the year with a FB of $64,782 which represents a decrease of 30.5% in FB throughout the year. This decrease is due to flat (level) anticipated revenue and an increase in expenditures for firefighters’ protective clothing. This fund will carry a fund balance in FY 2021, to save for the purchases of high-cost PPE in a future year. Park Maintenance Fund 407 This fund will begin FY 2021 with a FB of $113,928 is projected to end the year with a FB of $98,978 which represents a decrease of 10.5% in FB throughout the year. This decrease is due to flat (level) revenues, which are less than the anticipated supplies costs for maintaining DeSoto parks and trails.
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