BFPD FY26 GFOA Budget - Flipbook - Page 82
| FINANCIAL SUMMARY
Changes in Fund Balance
$4,000,000
$3,603,342
$3,500,000
$3,132,342
$3,000,000
$2,559,152
$2,500,000
$2,139,196
$1,884,554
$2,000,000
$1,500,000
$1,180,185
$1,000,000
$500,000
$722,074
$234,481
$176,401
$205,000
$58,610
$45,436
$-
Equipment
Fund
Building Fund Buy Back Fund Vehicle Fund
1/1/2026
Ambulance
Fund
Corporate Fund
12/31/2026
FY26 HIGHLIGHTS
In FY26, the District is budgeted to have a beginning fund balance of $7.7M with a projected end balance
of $8.6M. The District’s fund reserves are growing so significantly to account for major scheduled
purchases in FY27 and FY31.
The Buy Back Fund is budgeted to have a 61% decrease from FY25 to FY26 and 22% from the
beginning of FY26 to the end of FY26. This is due to an increase in expenditures coming out of the Buy
Back Fund to cover the cost of sick time sell back for retirees. This fund is projected to close by FY30,
and will be steadily decreasing until the District reaches that fiscal year.
The Corporate Fund is budgeted to have the greatest monetary increase in fund balance from the
beginning of FY26 ($1.2M) to the end of FY26 ($1.9M), representing a 60% increase. This is part of an
effort to build up reserves to account for fluctuations in the timing of property tax collection.
The Ambulance Fund is budgeted to decrease by 1% from FY25’s budget. This is primarily due to a 7%
decrease in budgeted property tax revenues based on collection rates in FY25. Additionally, the fund
balance from the beginning of FY26 is projected to decrease by 16% through the end of the year as the
District budgets necessary expenditures and transfers for capital items.
The Vehicle Fund is budgeted to have a large increase (15%) from the beginning of FY26 to the end of
the fiscal year. This increase represents the same efforts to build up reserves to fund scheduled vehicle
replacements in FY27 and FY31.
The Building Fund is also budgeted to see a marked increase from the beginning of FY26 to the end of
FY26 (29%). Following the FY23 remodel of Station 1, the District is looking to build up reserve monies
in this fund.
The Equipment Fund is budgeted to see an increase of 33% from the beginning of FY26 to the end of
FY26. This is due to the District seeking to build reserve monies for scheduled purchases.
P a g e 82 | BARTLETT FIRE PROTECTION DISTRICT | FINANCIAL SUMMARY
