FUND:
| Fund Type | Economic Development Trust Fund | Profile | |||||
| Fund Family: Trust & Agency | Summary | Non-Major Fund | |||||
| Account | DESCRIPTION | Actual FY 23-24 | Actual FY 24-25 | Adopted FY 25-26 | Projected FY 25-26 | Proposed FY 26-27 | % Change Proposed/Projected |
|---|---|---|---|---|---|---|---|
| BEGINNING FUND BALANCE | 143,644 | 57,359 | (190,541) | (67,529) | (0) | -100.00% | |
| REVENUE | |||||||
| 331-50-01 | Fed. Grant Econ. Development | 17,607 | - | - | - | - | 0.00% |
| 354-10-00 | Local Ordinance | - | - | - | - | - | 0.00% |
| 361-10-00 | Interest | 5,391 | (700) | 5,500 | 5,500 | - | -100.00% |
| 362-00-01 | Lease Income | 916 | (2,138) | - | - | - | 0.00% |
| 362-03-00 | Lake Comm. Action Agency | 26,299 | 28,690 | 26,000 | 26,000 | - | -100.00% |
| 362-04-00 | Lease Lake Eustis Chamber | 6,600 | 6,600 | 7,000 | 7,000 | - | -100.00% |
| 362-05-00 | Ella Maria's Pizzeria | 18,400 | 13,200 | 10,000 | 10,000 | - | -100.00% |
| 366-10-00 | Marketing Plan | 15,000 | - | - | - | - | 0.00% |
| 366-20-00 | County Aid - Incubator | 150,000 | 150,000 | 150,000 | 150,000 | - | -100.00% |
| 369-60-00 | Program Income | 857 | 934 | 1,000 | 1,000 | - | -100.00% |
| 381-14-00 | Transfer From CRA Fund | 50,000 | - | - | 306,309 | - | 0.00% |
| TOTAL REVENUE | 291,070 | 196,587 | 199,500 | 505,809 | - | -100.00% | |
| TOTAL REVENUES & BALANCES | 434,714 | 253,946 | 8,959 | 438,280 | (0) | -100.00% | |
| 1220-552 | EXPENDITURES | ||||||
| 522-81-01 | Fed. Grants Econ. Development | 28,972 | 12,625 | - | - | - | 0.00% |
| 552-30-31 | Professional Services | 1,009 | - | 46,000 | 46,000 | - | -100.00% |
| 552-30-40 | Travel & Per Diem | - | - | 2,800 | 2,800 | - | -100.00% |
| 552-30-48 | Promotional Activities | 8,208 | - | 32,500 | 32,500 | - | -100.00% |
| 552-30-52 | Operating Supplies | - | - | - | - | - | 0.00% |
| 552-30-54 | Books, Pub, Subscriptions | 651 | - | 1,980 | 1,980 | - | -100.00% |
| 552-81-01 | Incubator UCFRF | 200,000 | 200,000 | 250,000 | 250,000 | - | -100.00% |
| 552-81-02 | Econ. Dev. Marketing Plan | 30,000 | - | - | - | - | 0.00% |
| 552-90-01 | Economic Develop. Incentives | 108,515 | 60,851 | 91,500 | 91,500 | - | -100.00% |
| 552-90-02 | Econ. Develop. Partnership | - | - | - | - | - | 0.00% |
| 552-90-03 | Research & Market Data | - | - | 13,500 | 13,500 | - | -100.00% |
| 8100-581 | Transfer to Grants Fund | - | 48,000 | - | - | - | 0.00% |
| TOTAL EXPENDITURES | 377,354 | 321,476 | 438,280 | 438,280 | - | -100.00% | |
| RESERVE FOR EXPANSION | 57,359 | (67,529) | (429,321) | (0) | (0) | 0.00% | |
| TOTAL ENDING FUND BALANCE | 57,359 | (67,529) | (429,321) | (0) | (0) | 0.00% | |
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