FY 24 APPROVED OPERATING BUDGET

PARKS AND RECREATION SPECIAL REVENUE FUND

FINANCIAL NOTES:

FY 24 Approved Budget

855,000

FY 23 Approved Budget

838,000

$ increase

17,000

% increase

2.03 %

FY 23 FY 24 CHANGE EXPLANATION OF INCREASE/DECREASE - REVENUES

837,300 812,000 (25,300) 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 24 estimated revenues adjusted based on actual receipt history:

FY 23

FY 24

Change

0

Emmorton Rec & Tennis Center

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

250,000 475,000 12,000 75,000 812,000

Oakington Peninsula

52,700 (3,000) (75,000) (25,300)

Showmobile/Stage Rentals

Recreation Councils/Spec Activities

700 6,000 5,300 MISCELLANEOUS REVENUE

Includes investment income, rental income and other miscellaneous revenues.

0 37,000 37,000 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.

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