equipment expenditures have decreased by $60,000 from FY2026 projected to FY2027 proposed 013 Street Improvement Fund: $856,244 or 580.0% fund balance increase.
Revenue increased by $120,000 due to an increase in transfers from other funds or 5.4%. Local Option Gas Tax was budgeted slightly less for proposed FY2027. The capital projects decreased from projected FY2026 to proposed FY2027 by $736,244, due to fewer planned projects.
020 Building Services Fund: $2,587,484 or 5424.1% fund balance decrease.
The revenue is budgeted to increase by $132,000, or 10.4%. The expenditures projected for FY2026 were greater than proposed for FY2027 by $2,455,484 or 154.8% because the Building Department purchased a new building to house the Building Services Department in FY2026. The staff had outgrown the office space in City Hall and an opportunity to acquire a building adjacent to City Hall became available.
042 Water & Sewer Renew & Replace Fund: $2,134,368 or 10.0% fund balance decrease.
Total revenue has been budgeted to decrease by $98,000. Expenditures projected for FY2026 are $2,036,368 greater than proposed FY2027, due in part to a lift station expansion project and force main project.
049 Stormwater Utility Revenue Fund: $556,640 or 81.3% fund balance increase.
Proposed revenues are budgeted to remain unchanged; expenditures are budgeted to decrease by $556,640 or 40.9%. The budgeted capital projects decreased, however there is a budgeted increase of transfer of funds to Street Improvement Funds.
059 Fire Prevention Capital Trust Fund: $48,000 or 15.2% fund balance increase.
The revenues are expected to increase by $380,500 due to the Commission Approved increase in impact fees in FY2026. Capital projects for bunker gear and projects at Fire Station #3 are proposed in FY2027.
062 Fire Pension Trust Fund: fund balance remains unchanged.
The Fire Pension Trust is funded by City and member contributions, fire insurance premium tax, investment returns and interest earnings. The expenses are pension benefits and administrative charges. The proposed and projected budget has remained unchanged.
063 Parks & Recreation Capacity Expansion Trust Fund: $68,839 or 16.7% fund balance increase.
The revenues are expected to increase by $511,670 due to the Commission Approved increase in impact fees in FY2026 and a State appropriation grant. Capital projects have increased by $522,500 for a Park Program Room Expansion, Lake Willie Dock Expansion and a Park's Master Plan.
064 Law Enforcement Capacity Expansion: $326,700 or 115.9% fund balance decrease.
The revenues are expected to increase by $195,800 due to the Commission Approved increase in impact fees in FY2026. Capital projects include $500,000 for Police construction of the Emergency Operations Center.
065 Water Impact Trust: $448,163 or 8.3% fund balance increase.
The revenues are expected to increase by $215,000 due to the Commission Approved increase in impact fees in FY2026. Several capital improvement projects were completed in FY 2026. Fewer capital projects are budgeted in FY2027 resulting in decrease of $712,206 in expenditures.
069 Library Capacity Expansion Trust Fund: $270,350 or 346.7% fund balance decrease.
The revenues are expected to increase by $43,650 or 87.3% due to the Commission Approved increase in impact fees in FY2026. FY2027 projected expenditures increase by $314,000 or 91.5% due to the Library – Phase I Expansion project.
Figure 18 below illustrates the budgeted revenue distribution for the FY 2026/27 budget across all funds. The largest share of the City's revenue, constituting 43.90%, comes from the General Fund. The Water & Sewer Revenue Fund accounts for the second highest revenue source at 22.50%. The third-ranking fund in terms of revenue is the Sales Tax Fund contributing 5.23% to the City's total
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