FY25 GFOA Budget - Flipbook - Page 84
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LONG-RANGE FINANCIAL PLANNING
Vehicle Fund
The Vehicle Fund is restricted for capital outlay purposes as they pertain to vehicle repairs,
maintenance, and replacements. Revenues in long term estimates are limited to transfers
and are calculated based on the District’s CIP and replacement schedule. These transfers
are budgeted based on required reserves to fund scheduled acquisitions. Expenditures
consist of vehicle costs and the District’s annual engine payment. The District anticipates an
initial reduction in annual vehicle expenditures after FY25 because it will be making its
final engine payment. However, per the District’s replacement schedule, it will be
purchasing a new tower ladder in FY28—marking a significant expenditure in the next 5
years. Additionally, beginning fund balance continues to rise through FY30 because the
extended replacement schedule indicates 2 engine replacements in FY31.
Vehicle Fund Revenues
Revenue Type | Year
Beginning Fund Balance
FY25 Budget FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected
$ 1,727,668 $
2,633,898 $
3,660,969 $
4,893,985 $
3,719,874 $
4,938,382
Transfer-In
Total Revenues
$ 1,281,515
$ 1,281,515
Expenditure Type | Year
Financed Acquisitions: Annual
Engine Payment (Completed in
FY25)
Current Year Acquisitions
Total Expenditures
FY25 Budget FY26 Projected FY27 Projected FY28 Projected FY29 Projected FY30 Projected
$
$
1,377,071
1,377,071
$
$
1,407,852
1,407,852
$
$
1,425,889
1,425,889
$
$
1,443,508
1,443,508
$
$
1,460,673
1,460,673
Vehicle Fund Expenditures
$ 305,285
$
70,000
$ 375,285
$
$
$
350,000
350,000
$
$
$
174,836
174,836
$
$
$
2,600,000
2,600,000
$
$
$
P a g e 84 | BARTLETT FIRE PROTECTION DISTRICT | FINANCIAL SUMMARY
225,000
225,000
$
$
$
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