BFPD FY26 GFOA Budget - Flipbook - Page 144
| CAPITAL FUNDS
Village in FY26. Additional information about debt service can be found on pages
86-87, or in the appendix of this document beginning on page 165.
BUY BACK FUND
BUY BACK FUND REVENUES
Fund Type
Beginning Fund Balance
FY24
Budget
$ 202,263
FY24
Actual
$ 202,263
FY25
Budget
$
60,500
FY25
Estimate
$
78,859
FY26
Budget
$ 58,610
%
Change
-3%
Transfers-In
TOTAL REVENUES
TOTAL FUNDS AVAILABLE
$
$
$
$
$
$
$
$
$
$
$
$
78,859
$
$
$ 58,610
0%
0%
-3%
FY25
Estimate
$
$
20,249
$
20,249
FY26
Budget
$
$ 13,174
$ 13,174
%
Change
0%
-49%
-49%
202,263
202,263
60,500
BUY BACK FUND EXPENDITURES
Item
Transfers-Out
Buy Back Benefits
TOTAL EXPENDITURES
FY24
Budget
$
$
84,632
$
84,632
FY24
Actual
$
$ 123,404
$ 123,404
FY25
Budget
$
$
26,000
$
26,000
Budget Highlights:
The Buy Back Fund will be eliminated from the District’s budget in 2030. As a result, the dollar
amount dedicated to this fund will continue to decrease until it has been closed by the District.
This decrease will be reflected in the District’s annual budget.
•
•
•
The Buy Back fund balance at the start of FY26 is budgeted at $58,610, which is a
decrease of 3% from the FY25 beginning fund balance.
There are no budgeted revenues in FY26 and the District will be operating on the fund’s
balance. This is standard practice as the District spends down the Buy Back fund’s
reserve money. The District has operated in this manner for the past six fiscal years.
Expenditures for the Buy Back fund in FY26 total $13,174. All expenditures will be
spent towards Buy Back Benefits. There has been a 49% decrease in this budgeted sector
from FY25. There are no budgeted transfers out of the Buy Back fund in FY26.
P a g e 144 | BARTLETT FIRE PROTECTION DISTRICT | CAPITAL FUNDS
