CIP FY 24-28 9-7-23 FINAL Version - Flipbook - Page 17
Capital Improvements Plan
Table 1
Salex Tax Project Fund
Fund Balance,
Beginning of the Year
Revenue
Debt Proceeds
Interest Earnings
Debt Proceeds
Grant / County Aid
State Aid
Transfer from Other
Funds
Total Revenue
Total Funding
Available
Less:
Bond Debt
Lease Debt
Operating
CIP Projects
Total Expenditures
Net Operating Income
(Loss)
Fund Balance, End of
the Year
$
Actual
Actual
Budgeted
Estimated
Projected
Projected
Projected
Projected
Projected
FY 20-21
FY 21-22
FY 22-23
FY 22-23
FY 23-24
FY 24-25
FY 25-26
FY 26-27
FY 27-28
872,195 $ 1,427,062 $ 2,371,298 $ 1,878,592 $ 970,345 $ 408,040 $ (242,697) $ (388,408) $
57,729
2,250,552
2,659,195
2,158,614
2,225,000
2,925,741
3,013,513
3,103,919
3,197,036
3,292,947
1,640
8,268
2,000
54,000
55,000
56,650
58,350
60,100
61,903
- 15,700,000
1,896
1,000,000
1,000,000
1,500,000
2,254,088
2,667,463
2,160,614
2,279,000
5,480,741
4,070,163
3,162,268
3,257,136
19,054,850
3,126,283
4,094,525
4,531,912
4,157,592
6,451,086
4,478,203
2,919,571
2,868,729
19,112,579
263,950
-
167,328
-
167,329
-
251,600
241,400
231,200
221,000
210,800
1,435,271
1,699,221
167,529
576,072
1,472,333
2,215,934
2,426,950
2,594,278
3,019,918
3,187,247
5,791,446
6,043,046
4,479,500
4,720,900
3,076,779
3,307,979
2,590,000
2,811,000
18,897,000
19,107,800
554,867
451,529
(433,664)
(908,247)
(562,305)
(650,737)
(145,711)
446,136
(52,950)
$ 1,427,062 $ 1,878,592 $ 1,937,634 $
970,345 $
408,040 $ (242,697) $ (388,408) $
57,729 $
Notes
1. Beginning Fund Balance in FY20-21 ties with CAFR FY 19-20 Year-end balance
2. Revenue projections going forward include a 3% increase per year for FY 24/28
3. CIP Expenditures projections for 23/24, through 27/28 indicated according to the estimated CIP projects
4. Analysis assume that project budgets are fully spent each year going forward
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