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CITY-WIDE 2024 BUDGET SUMMARY
<br />The following table summarizes the projected fiscal impact of the 2024 Operating & Capital Budget
<br />on each fund's revenue, expenditures, and fund balances.
<br />City of Louisville. Colorado
<br />Summary of Revenue, Expenditures. and Changes to Fund Balances
<br />All Funds
<br />2024 Budget
<br />Beginning Revenue Expenditures Ending Amount Percent
<br />Fund Fund Fund & Other & Other Fund of of
<br />Number Description Balance Sources Uses Balance Change Change
<br />101 General
<br />Special Revenue Funds:
<br />201 Open Space & Parks
<br />202 Conservation Trust - Lottery
<br />203 Cemetery Perpetual Care
<br />204 Cemetery
<br />205 PEG Fees
<br />206 Parking Improvement
<br />207 Historic Preservation
<br />208 Recreation
<br />Total Special Revenue Funds
<br />$ 9,608.703 $ 26,245.805 $ 26.767,519 ill $ 9,086.990 S i521,714) -5'a
<br />1,856,053 4,235,540 5,074,709
<br />383,222 311,100 300,100
<br />755,443 45,710 17,080
<br />101,583 215,160 224,478
<br />31.751 16,240 25,050
<br />93,799 50 50
<br />3,629,248 1,059,350 660,153
<br />2,484,634 5,741,730 6,177,931
<br />9,448.586 11,624.940 12.479,551
<br />[3f
<br />1,017.6134 (839,169) -45%
<br />394.222 11,000 39ii
<br />784.133 28,690 4%
<br />92.265 (9,318) -9%
<br />22.941 (8,810) -28%
<br />93.799 - 0%
<br />4,028.445 399,197 11%
<br />2,0411.434 (436,201) -18%
<br />8,593.976 (854,611) -9%
<br />Capital Project Funds:
<br />301 Capital Projects 7,755,034 15,850,367 21,029,188 2,57'6,213 (5,178,821) -67%
<br />302 Impact Fee 203.982 326,040 313,040 216.9132 13,000 6%
<br />303 Recreation Center Construction (878) (878)
<br />Total Capital Project Funds 7,958,138 16,176.407 21.342,228 2,792.317 (5,165,321) -65%
<br />Debt Service Finds:
<br />402 Recreation Center Debt Service 1,138,866 1,336,670 1,740,600 734,936 (403,930) -35%
<br />Total debt Service Funds 1,138,866 1,336.670 1,740,600 734,936 (403,930) -35%
<br />Enterprise Funds (WC Basis):
<br />501 Water U4l ty 17,394,115 7,964,460 19, f39,459 141 5,619,116 (11,774,999) -68%
<br />502 Wastewater Utility 535,629 5,190,760 4,658,047 f51 868,342 332,713 62%
<br />503 Stormwater Utility 840,376 1,413,450 1,042,870 16j 1,210,956 370,580 44%
<br />510 Solid Waste & Recycling Utility 360,699 1,814,990 1,797,584 368.105 7,406 2%
<br />520 Golf Course 583,547 2,520,220 2,476,243 [7] 632,524 43,977 7%
<br />Total Enterprise Funds 19,719,366 18,893,880 29,914,203 8,699,043 (11,020,323) -56%
<br />Internal Service Funds (WC Basis):
<br />602 Technology Management
<br />603 Fleet Management
<br />Total Internal Service Funds
<br />Total All Funds
<br />65.971 57,010 75,750
<br />222.398 348,740 265,250
<br />288,369 405,750
<br />341,000
<br />47.231 (18,740) -28°t
<br />305.888 83,490 38%
<br />353.119 64.750 22%
<br />$ 411,162,028 $ 74,683,452 $ 92,585,100 $ 30,260.380 $ (17.901,648) -37%
<br />[7] Projected Expenditures Include a Projected Operational "Turrrback" of 5.5% , which = 1,417, 710
<br />(2] Projecred Expenditures Include a Projected Operational "Trrrrrback" of 6.O% , which = 288, 820
<br />[3] Projected Expenditures Include a Projected Operational "Turnrback" of 5.O% , which = 267,000
<br />[4] Projected Expenditures Inchrde a Projected Operational "Turnrback" of 7 0% , which = 346,150
<br />[5] Projected Expenditures Maude a Projected Operational "Turnrback" of 1.O% , which = 213,560
<br />(6] Projected Expenditures Inc/tide a Projected Operational "Turrrback" of 7 0% , which = 34,970
<br />[7] Projecred Expenditures Include a Projected Operational "Trrrnback" of 4.030 , which = 98,680
<br />Note that seven funds include a "turnback" and, therefore, those fund's Expenditures & Other Uses
<br />are less than the fund's total appropriations. As a reminder, "turnback" refers to a positive actual -to -
<br />budget variance at year end. Applying a turnback percentage accounts for the recognition that,
<br />due to budgetary limitations and controls, the main operating funds typically spend less than their
<br />total budget.
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