Final Adopted Budget FY23-24

CAPITAL LEASING FUND

Capital Leasing: The Capital Leasing Fund accounts for installment lease payments on capital property including equipment, computers and improved real property.

Actual 2021-22

Budget 2022-23

Adopted 2023-24

Projected

2024-25

Expenditures by Program Capital Leasing

3,224,038

2,635,136

4,184,755

3,224,038

Total

3,224,038

2,635,136

4,184,755

3,224,038

Actual 2021-22

Budget 2022-23

Adopted 2023-24

Projected

2024-25

Expenditures by Type Maintenance & Operations

3,024,038

2,635,136

3,919,755

3,099,038

200,000

Capital Outlay

-

265,000

125,000

Total

3,224,038

2,635,136

4,184,755

3,224,038

Revenues by Type Other Revenues

1,724,038 1,500,000

2,480,559

1,704,861 1,500,000

1,724,038 1,500,000

Interfund Transfers

-

-

Appropriated Fund Balance

1,662,356 4,142,915

979,894

-

Total

3,224,038

4,184,755

3,224,038

Budget Highlights: The FY 23-24 Adopted Budget is decreasing by 960,717, or 23.0%.  The Capital Leasing Fund includes $1.5 million transfer from the General Fund to support software and subscription increases and cybersecurity improvements.

Adopted 2023-24 Budget

156