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SUBJECT: <br />2025/2026 BUDGET RETREAT <br />DATE: <br />J U LY 24, 2024 <br />PAGE 8 OF 16 <br />TURNBACK (POSITIVE ACTUAL -TO -BUDGET VARIANCES) <br />The following table summarizes the operational turnback percentages by fund for the <br />years 2018 through 2030. While not budgeted, Operational Turnback is factored and <br />significantly impact Long Term Financial forecasts. <br />TABLE 4: SUMMARY OF ACTUAL AND TARGET OPERATIONAL TURNBACK <br />Fund <br />Description <br />General <br />Open Space & Parks <br />Recreation <br />Water Utility <br />Wastewater Utility <br />Stormwater Utility <br />Golf Course <br />City of Louisville, Colorado <br />Summary of Actual and Targeted Operational Turnback <br />Selected Operating Funds <br />2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 <br />Actual Actual Actual Actual Actual Actual Target Target Target Target Target Target Target <br />9.7% 10.4% 4.3% 11.3% 21.8% 7.8% 5.5% 5.5% 5.5% 5.5% 5.5% 5.5% 5.5% <br />11.7% 6.9% 6.6% 9.9% 2.8% 16.2% 6.0% 6.0% 6.0% 6.0% 6.0% 6.0% 6.0% <br />N/A -2.1% 3.6% 8.1% -0.8% -3.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% <br />21.4% 20.4% 4.2% -1.1% -12.2% 6.5% 7.0% 7.0% 7.0% 7.0% 7.0% 7.0% 7.0% <br />12.6% 15.4% 3.5% 5.3% -11.1% 3.5% 7.0% 7.0% 7.0% 7.0% 7.0% 7.0% 7.0% <br />21.4% 7.8% 11.0% 2.0% -9.7% 11.0% 7.0% 7.0% 7.0% 7.0% 7.0% 7.0% 7.0% <br />-16.3% 11.9% 0.0% -7.4% -23.1% 2.6% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% <br />INTERFUND TRANSFERS <br />The following two tables summarize proposed transfers between funds for 2025 and <br />2026. Transfers are codified within City Financial Policies, Section 2 - Reserve Policies. <br />TABLE 5: 2025 RECOMMENDED INTER -FUND TRANSFERS MATRIX <br />City of Louisville, Colorado <br />Inter -Fund Transfers Matrix <br />2025 Recommended Budget <br />Transfers Out <br />General Fund <br />Cemetery Perpetual Care Fund <br />Historic Preservation <br />Capital Projects Fund <br />Impact Fee Fund <br />Total <br />General <br />Fund <br />$ 208,900 d <br />$ 208,900 $ <br />Open Space <br />Fund <br />Transfers In <br />Parks Cemetery Recreation <br />Fund Fund Fund <br />$ 1,048,400 a $ 125,900 a $ 1,306,700 a $ <br />$ 17,300 b <br />49 500 f 49,500 r - <br />49,600 $ 1,097,900 $ 143,200 <br />$ 158,200 e <br />$ 1,464,900 <br />a Annual subsidy transfer. <br />b Annual transfer of interest earned in the Cemetery Perpetual Care Fund for cemetery operations and maintenance. <br />c One -Time Transfer For Capital Improvement Program <br />d Arxwal transfer to fund Museum Services. <br />e Annual subsidy transfer for capital projects. <br />f Transfer of impact fee revenue to fund costs eligible for impact fee revenue funding. <br />$ 170,000 <br />Capital <br />Projects <br />Fund Total <br />c $ 2,481,000 <br />17,300 <br />208,900 <br />158,200 <br />170 000 f 269,000 <br />$ 3,134,400 <br />CITY COUNCIL COMMUNICATION <br />9 <br />