Adopted Budget Book FY 23-24 Final with TOC links - Flipbook - Page 18
Introduction → TransmiTTal leTTer
Fund Balances and Reserves
The City’s financial policies have set a target reserve amount for its various funds. Those target
amounts and currently available funds for the major accounts are as follows:
Table 2: Fund Balances & Reserves
Fund Type
General
Library Contribution
Sales Tax
Law Enforcement Education
Police Forfeiture
Street Improvement
Community Redevelopment
Building Services
Stormwater Utility
Water & Sewer
Reclaimed Water
Water & Sewer R&R
Fire Prevention
Greenwood Cemetery Trust
Police Pension
Fire Pension
Parks & Recreation Impact Fund
Law Enforcement Impact Fund
Water Impact Fund
Sewer Impact Fund
Economic Development
Library Impact Fund
TOTAL
16
City of Eustis, Florida
Adopted Budget
Target
90 Days
N/A
90 Days
N/A
N/A
90 Days
90 Days
90 Days
90 Days
90 Days
90 Days
90 Days
N/A
N/A
N/A
N/A
N/A
N/A
90 Days
90 Days
90 Days
N/A
Available
FY 23/24
Fund
Reserves
Balance
5,971,728
10,042,955
29,726
(8,532)
984,112
32,666
5,246
92,082
397,224
950,496
194,201
1,504,193
248,623
354,630
3,513,534
13,550,957
172,709
7,781,674
128,642
274,035
24,337,388
14,540,633
398,007
251,162
6,469,168
6,515,477
512
118,502
$ 63,292,074 $ 35,559,676 $
Total
16,014,683
21,194
984,112
32,666
5,246
92,082
1,347,720
1,698,394
603,253
17,064,491
172,709
7,781,674
128,642
274,035
24,337,388
14,540,633
398,007
251,162
6,469,168
6,515,477
512
118,502
98,851,750
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