• Flat pay of $1,000 to every current full-time employee in FY 2026/27.
  • Operating cost increase of 5% annually due to inflation, services and commodities increase.

The table below is a summary of City of Eustis budget trends for the last five fiscal years.

City Financial Performance Analysis

Table 13:

City Performance MeasuresFY 2023 BudgetedFY 2024 BudgetedChange % from 2023 to 2024FY 2025 BudgetedChange % from 2024 to 2025FY 2026 BudgetedChange % from 2025 to 2026FY 2027 BudgetedChange % from 2026 to 2027
Beginning Fund Balance84,650,574103,705,339-22.5%118,742,97140.3%117,642,240-0.9%127,292,5378.20%
Revenue
General Fund21,480,24124,318,859-13.2%26,553,52323.6%28,187,5266.2%30,196,8827.13%
Capital Projects Fund2,160,6145,480,741-153.7%6,240,225188.8%6,412,7192.8%3,676,668-42.67%
Special Revenue Funds6,001,3715,711,3564.8%8,531,76942.2%6,380,876-25.2%7,065,57510.73%
Enterprise Funds20,440,31323,672,842-15.8%18,002,925-11.9%18,128,9000.7%17,785,000-1.90%
Trust & Agency Funds8,173,9127,864,8423.8%8,245,5050.9%8,502,5503.1%10,053,87018.25%
Total Revenue58,256,45167,048,640-15.1%67,573,94716.0%67,612,5710.1%68,777,9941.72%
Expenses
General Fund21,271,00923,886,9119.8%27,148,77327.6%29,500,1078.7%31,418,9056.50%
Capital Projects Fund2,594,2786,043,04615.7%6,492,300150.3%5,355,500-17.5%2,520,000-52.95%
Special Revenue Funds4,796,4926,271,17620.1%8,717,27681.7%8,989,9403.1%8,169,993-9.12%
Enterprise Funds21,583,13429,983,81419.9%18,804,328-12.9%19,415,5503.3%26,055,90434.20%
Trust & Agency Funds Total3,136,9635,717,28213.7%5,425,68573.0%5,175,266-4.6%5,485,3005.99%
Expenses53,381,87771,902,22915.1%66,588,36224.7%68,436,3632.8%73,650,1027.62%
Ending Fund Balance89,525,14898,851,750119,728,556116,818,448122,420,429

City of Eustis Budget Trends

72