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Presentation #20
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05/04/2021 Regular
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Presentation #20
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5/7/2021 2:14:13 PM
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City Clerk
Item #
20
Date
5/4/2021
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Fiscal Year 2020 budget22 -the FY21help balance Available to so does the required reserveWhen revenue estimates increase, •estimate, less $5.9 million $12.5 million increased sales tax <br /> •15 AMES Fund-from closing FY14$2.7 million of unspent money •20-$3 million of positive budget •comes from:Estimated Available Balance 8 Budget Discussion2021 - <br />GENERAL FUNDFY20-21 <br />Current Adjusted Budget <br />Beginning Fund Balance$ 81,868,704 <br />Revenue 323,593,143 <br />Expenditures (313,226,023) <br />Transfers Out (21,290,260) <br />Net Activity$ (10,923,140) <br />Estimated Ending Fund Balance$ 70,945,564 <br />Reserves (18% of recurring revenue) 58,155,866 <br />Estimated Available Balance$ 12,789,698 <br /> <br />
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