FY25 GFOA Budget - Flipbook - Page 135
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CAPITAL FUNDS
EQUIPMENT FUND
EQUIPMENT FUND REVENUES
FY 23
Budget
Fund Type
Beginning Fund
Balance
Grants
Transfers-In
TOTAL REVENUE
TOTAL FUNDS
AVAILABLE
FY 23
Actual
FY 24
Budget
FY24
Estimate
FY25
Budget
%
Change
$
126,554
$
192,416
$
163,441
$
169,561
$
152,763
-7%
$
$
$
28,000
76,006
104,006
$
$
$
28,445
76,006
104,451
$
$
$
130,000
130,000
$
$
$
65,000
65,000
$
$ 180,000
$ 180,000
0%
38%
38%
$
230,560
$
296,867
$
293,441
$
234,561
$ 332,763
13%
FY25
Budget
%
Change
$ 160,100
$ 160,100
-12%
-12%
EQUIPMENT FUND EXPENDITURES
FY 23
Budget
Item
Capital Projects
TOTAL EXPENDITURES
$
$
90,620
90,620
FY 23
Actual
$
$
133,427
133,427
FY 24
Budget
$
$
181,540
181,540
FY24
Estimate
$
$
148,477
148,477
Budget Highlights:
•
•
•
The Equipment Fund will begin FY25 with a fund balance of $152,763 and will gain
$180,000 through transfers bringing the total funds available to $332,763.
Budgeted revenues have increased 38% from FY24 primarily due to an increase in
transfers. This is due to an updated equipment replacement schedule, which
indicates where the Equipment Fund’s reserves must be to fund anticipated
purchases.
Expenditures for Capital Projects in FY25 are budgeted at $160,100. This is a 12%
decrease from FY24, as equipment-based capital purchases are down this year.
P a g e 135 | BARTLETT FIRE PROTECTION DISTRICT | CAPITAL FUNDS
