FY 24 APPROVED OPERATING BUDGET

HARFORD COUNTY, MARYLAND STATEMENT OF ESTIMATED UNASSIGNED FUND BALANCE HIGHWAYS FUND

HIGHWAYS FUND

TOTAL FUND BALANCE AT June 30, 2022

25,221,882

52,029,325 (56,151,207)

Fiscal Year 2023 Estimated Revenues

Less Fiscal Year 2023 Estimated Expenditures

TOTAL ESTIMATED FUND BALANCE AT June 30, 2023

21,100,000

FUND BALANCE AVAILABLE FOR APPROPRIATION AT June 30, 2023

TOTAL ESTIMATED FUND BALANCE AT June 30, 2023

21,100,000

LESS: Nonspendable Fund Balance Inventory

(1,800,000)

LESS: Restricted Fund Balance Bond Proceeds

(1,400,000) (400,000)

Highways-PILOT

ESTIMATED UNASSIGNED FUND BALANCE AT June 30, 2023

17,500,000

Fiscal Year 2024 Estimated Revenues

56,413,655 (68,370,000)

Less Fiscal Year 2024 Estimated Expenditures

ESTIMATED UNASSIGNED FUND BALANCE FOR FY 2025 & FUTURE YEARS

5,543,655

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