FY 23 Approved Budget Book

PARKS AND RECREATION SPECIAL REVENUE FUND

FINANCIAL NOTES:

FY 23 Approved Budget

838,000

FY 22 Approved Budget

771,500

$ increase

66,500

% increase

8.62 %

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE - REVENUES

710,000

837,300

127,300

SERVICE CHARGES Account for receipts from various facilities and equipment. For example, the Showmobile stage rentals, Emmorton Recreation and Tennis Center fees and Swan Harbor facility rental. FY 23 estimated revenues adjusted based on actual receipt history:

FY 22

FY 23

Change 172,300 (40,000)

Emmorton Rec & Tennis Center

250,000 290,000 20,000 150,000 710,000

422,300 250,000 15,000 150,000 837,300

Oakington Peninsula

Showmobile/Stage Rentals

(5,000)

Recreation Councils/Spec Activities

0

127,300

4,000

700

(3,300)

MISCELLANEOUS REVENUE Includes investment income, rental income and other miscellaneous revenues.

57,500

0

(57,500)

FUND BALANCE APPROPRIATED This revenue source is appropriated into the next fiscal year's budget, and treated as one-time funding for that fiscal year. FY 23 fund balance is not appropriated.

180