ECONOMIC DEVELOPMENT FUND BUDGET SUMMARY RESOURCES Fund Balance Revenues Half Cent Sales Tax Miscellaneous Interest Income Total Resources
ACTUAL
BUDGET
ESTIMATED
ADOPTED
2019-20
2020-21
2020-21
2021-22
$
1,357,987 $
2,115,750 $
2,115,750
2,473,176
$
$
3,398,613 $ 180,986 12,414 3,592,013 $
3,114,429 $ 0 12,000 3,126,429 $
3,400,000 0 0 3,400,000
3,450,000 0 0 3,450,000
$
4,950,000 $
5,242,179 $
5,515,750
5,923,176
EXPENDITURES $ Transfer to Econ. Devl. Debt Serv. Landscaping Maintenance New Skate Park at MacLean/ Repairs ($605,000) Dog Park Golf Course Lake Dredging Misc Repairs at Golf Course Rec Center Pool Slide Parking Lot / Trails Asphalt Overlays Playground Replacement Golf Course Pump House Recreation Center Ballfield Fence Replacement Playground Replacements Parking Lot Resurfacing Misc Park Projects Hike, Bike and Water Trails Transfer to Golf Debt Service Golf Course Operating Transfer to General Fund
Total Expenditures
Ending Fund Balance
ACTUAL
BUDGET
ESTIMATED
ADOPTED
2019-20
2020-21
2020-21
2021-22
1,349,141 $ 66,428 0 4,250 0 54,570 40,725 11,142 100,100 11,594
1,326,074 $ 70,000 302,500
1,326,074 65,000 302,500
157,760
18,000 137,000
1,341,239 70,000 372,500 0 0 50,000 0 0 0 0 220,000 100,000
$
471,300 375,000 350,000 2,834,250 $
459,600 500,000 350,000 3,165,934 $
444,000 400,000 350,000 3,042,574
127,000 106,000 100,000 428,100 500,000 400,000 3,814,839
$
2,115,750 $
2,076,245 $
2,473,176
2,108,337
FY 2021-2022 Adopted Budget - 281
