BFPD FY26 GFOA Budget - Flipbook - Page 13
| READER’S GUIDE
The District’s annual budget provides a comprehensive report of the District’s annual financial
plans and operating expenses. It is an official document, approved by the District’s Board of
Trustees (Board), that dictates short-term and long-term costs required to ensure operational
efficiency and effectiveness. This includes day-to-day operations, maintenance, and capital
purchases. Additionally, this document includes the District’s vehicle, building, and equipment
replacement schedules—noted below as the District’s Capital Improvement Program (CIP). This
details the District’s long-term financial plans in an effort to maintain fiscal responsibility with
anticipated high-cost expenditures.
The District’s annual budget is divided into the following sections:
1. Budget Overview—Contains information critical to the development of the budget
recommendation. This includes information about the District’s current financial
position, budget highlights, summary of fiscal policies, budget development guidelines,
budgeting calendar, fund structure, and an overview of the budget itself.
2. Introduction—Includes important contextual information regarding the District and its
service area. Information such as organizational structure, personnel achievements,
performance metrics, and a District profile can all be found in this section.
3. Financial Summary—Contains an overview of the District’s revenues and operating
expenses. This includes a breakdown of revenues and expenditures, by fund, with FY24
budget, FY24 actuals, FY25 budget, FY25 year-end estimates, and FY26 budget with
percentage changes. There is also information on notable changes, fund projections,
beginning and end balances, and information on the District’s debt summary and bond
payments. Finally, this section includes the District’s long-range financial planning.
4. Major Funds—This section contains comprehensive revenue and expenditure
information on the District’s major funds. This includes line-item breakdowns and Area
of Responsibility (AOR) information.
5. Capital Funds—This section includes information on the District’s capital outlays for
FY26 with line-item breakdowns and description of purchases. Additionally, the
District’s CIP can also be found here.
6. Pension Fund—Contains information regarding the District’s sole fiduciary fund. This
includes an information breakdown of annual pension fund revenues and expenditures
from 2024 to 2026 with calculated figures representing percentage change from FY25
budget to FY26 budget.
7. Boards & Committees—This section includes information on the District’s boards and
committees.
P a g e 13 | BARTLETT FIRE PROTECTION DISTRICT | INTRODUCTION
