2024 Financial Statements
General Fund - Actual vs Budget
Revenue Actual $8,542,889 vs Budget $7,864,496 = Surplus $678,393
Expenses Actual $7,527,786 vs Budget $7,885,333 = Surplus $357,547
Budget Total Surplus = $1,035,940
Fund Balance
Nonspendable (Prepaid Expenses) $ 448,666
Restricted (Open Space) $ 4,253,496
Assigned (Used for 2023 Budget) $ 509,012
Unassigned $ 1,053,487
Total Fund Balance $ 7,264,661
2024 ended with Unassigned (Free Fund Balance) of $1,562,499. We applied $275,000 of that fund balance to mitigate taxes for the 2025 budget and $234,012 encumbered for purchases.