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Total <br />Total Recurring Revenues 413,790,950 <br />Total FY2024-25 Spending Baseline (Recurring) (408,789,200) <br />Proposed Adjustments to Recurring Budget (5,000,430) <br />Estimated Available (Recurring) 1,320$ <br />Estimated Ending Balance as of June 30, 2025 (as reported in the Third <br />Quarter Update on June 3, 2025)¹87,381,099 <br />Less 18% Reserve (74,482,371) <br />Proposed One-Time Spending (10,440,520) <br />Proposed FY25-26 Contribution to Pension Stabilization Account (1,000,000) <br />Estimated Available Spendable Balance (One-Time)²1,458,208$ <br />¹The estimated ending balance of $109,415,830 presented during the Budget Public Hearing on <br />June 3, 2025, does not include prior years' Pension Stabilization transfers. These contributions <br />are set-asides of money for future pension costs, making them no longer available for general <br />spending. <br />²The estimated available spendable fund balance changed by $69,470 due to the Third Quarter <br />Budget Adjustments approved by City Council on June 3, 2025. The estimated balance <br />increased from $1,388,738 to $1,458,208. <br />