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<br /> Housing Voucher Revenue- FY 2025-26 budget versus actual is 28.3% compared to 20.2%the prior fiscal year.
<br /> The positive variance is attributed to more timely remittance of housing vouchers this fiscal year compared to
<br /> the prior fiscal year.
<br /> HOUSING VOUCHER REVENUE Original Revised Actuals %of Budget Original Revised Actuals %of Budget
<br /> $8,636,500 $8,636,500 $2,449,037 28.36% $7,542,500 $7,618,131 $1,542,485 20.25%
<br /> Note:
<br /> The HOME Program funding is being monitored for any potential cancellations next fiscal year. This program
<br /> provides funding for community agencies for development and acquisition of affordable housing,
<br /> repair/rehabilitation, down payment assistance, and tenant-based rental assistance.
<br /> FY 2025-26 General Fund-First Quarter
<br /> FY 2026 FY 2025 FYS 2026 vs 2025
<br /> GENERAL FUND Original Budget Revised Budget YTDActual* Percentage YTDActual* Percentage YTD %Variance'
<br /> Property Tax $212,897,374 $212,897,374 $38,457,189 18.06% $36,019,106 17.83% $2,438,083 0.23%
<br /> Sales&Use Tax $44,145,403 $44,145,403 $0 0.00% $0 0.00% $0 0.00%
<br /> Licenses and Permits $242,000 $242,000 $1,340 0.55% $330 0.12% $1,010 0.43%
<br /> Charges for Services $16,005,107 $16,005,107 $3,246,114 20.28% $3,094,688 20.49% $151,426 -0.21%
<br /> Intergovernmental $22,313,927 $22,609,942 $2,446,888 10.82% $2,199,312 9.89% $247,576 0.93%
<br /> Investment Earnings $1,800,000 $1,800,000 $479,540 26.64% $439,783 24.43% $39,757 2.21%
<br /> Transfers In $665,729 $665,729 $0 0.00% $0 0.00% $0 0.00%
<br /> Miscellaneous $911,775 $1,018,864 $216,443 21.24% $210,097 33.92% $6,346 -12.68%
<br /> Appropriated Fund Balance $7,056,130 $7,159,931 $0 0.00% $0 0.00% $0 0.00%
<br /> Total $306,037,445 $306,544,350 $44,847,514 14.63% $41,963,316 14.25% $2,884,198
<br /> Community Services $16,897,564 $16,944,892 $3,672,175 21.67% $3,526,854 21.82% $145,321 -0.15%
<br /> General Government $13,540,083 $13,691,545 $2,809,879 20.52% $3,144,281 24.30% -$334,402 -3.78%
<br /> Public Safety $43,592,203 $43,619,703 $9,199,541 21.09% $9,172,405 22.05% $27,136 -0.96%
<br /> Human Services $55,590,648 $55,871,263 $11,400,161 20.40% $10,707,279 21.76% $692,882 -1.36%
<br /> Education $116,537,541 $116,537,541 $37,429,325 32.12% $31,284,861 27.65% $6,144,464 4.47%
<br /> Support Services $18,002,857 $18,002,857 $6,714,365 37.30% $6,353,114 37.13% $361,251 0.17%
<br /> Transfers Out $41,876,549 $41,876,549 $0 0.00% $0 0.00% $0 0.00%
<br /> Total $306,037,445 $306,544,350 $71,225,446 23.23% $64,188,794 22.22% $7,036,652 1.014$
<br /> General Fund Revenues
<br /> General Fund revenues are 14.6% of budgeted revenues compared to 14.2%the prior fiscal year. This represents a
<br /> timing variance due to property tax collections. During the first quarter of each fiscal year, revenues will trail
<br /> expenditures and cash balance (a component of fund balance) provides an interim funding source until property tax
<br /> revenues begins peak January 6 following interest and penalty assessments thereafter.
<br /> • Property Tax revenues are 18% of the total Property tax budget compared to 17.8%the prior fiscal year. Real and
<br /> personal taxes were due September 1, 2025. The property tax category includes real, personal, and motor vehicle
<br /> taxes. The 2025 current year real and personal tax billing versus collection rate is 16.8%%compared to the 2024
<br /> current collection rate of 17.8%which is attributed to outstanding tax appeals stemming from the revaluation. The
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