FY 25 Harford County Approved Operating Budget

HARFORD COUNTY, MARYLAND STATEMENT OF ESTIMATED FUND BALANCE TAX INCREMENT FINANCING DEBT SERVICE FUND

TIF DEBT SERVICE FUND

TOTAL FUND BALANCE AT JUNE 30, 2023

$

3,251,025

2024 Revenue - Estimated 2024 Expenditures - Estimated

2,500,000 (2,386,112)

$

3,364,913

TOTAL ESTIMATED FUND BALANCE AT JUNE 30, 2024

ESTIMATED RESTRICTED FUND BALANCE AT JUNE 30, 2024

$

3,364,913

Plus: Fiscal Year 2025 Estimated Revenues Less: Fiscal Year 2025 Estimated Expenditures

2,500,000 (2,500,000)

$

3,364,913

ESTIMATED RESTRICTED FUND BALANCE FOR FY 2026 AND FUTURE YEARS

138