Final Adopted Budget FY23-24

DEBT SERVICE CONTRIBUTION

Voter-Approved Bonds: General Fund annual contribution to support principal and interest payments related to Voter-Approved Bonds.

Actual 2021-22

Budget 2022-23

Adopted 2023-24

Projected

2024-25

Expenditures by Program Voter-Approved Bonds

41,350,000

26,391,689

40,104,000

42,225,000

Total

41,350,000

26,391,689

40,104,000

42,225,000

Actual 2021-22

Budget 2022-23

Adopted 2023-24

Projected

2024-25

Expenditures by Type Maintenance & Operations

41,350,000 41,350,000

26,391,689 26,391,689

40,104,000 40,104,000

42,225,000 42,225,000

Total

41,350,000 41,350,000

General Fund Contribution

26,391,689 26,391,689

40,104,000 40,104,000

42,225,000 42,225,000

Total

Budget Highlights: The FY 23-24 Adopted Budget is increasing by 1,246,000, or 3.1%.

 The Debt Service Contribution will increase by $1.2 million due to anticipated debt service costs related to the 2008, 2016, and the new $135 million in 2022 Bonds.

Adopted 2023-24 Budget

158