FY 2024-2025 Final Adopted Budget

*HQHUDO )XQG ([SHQGLWXUH +LJKOLJKWV

Expenditures By Category 7KH FKDUW VKRZV D FRPSDULVRQ RI *HQHUDO )XQG H[SHQGLWXUHV E\ FDWHJRU\ IRU )< DFWXDO H[SHQGLWXUHV WKH )< DPHQGHG EXGJHW WKH )< DGRSWHG EXGJHW DQG WKH )< SURMHFWHG EXGJHW General Fund Expenditures by Expenditure Category

Actual

Budget 2023-24

Adopted 2024-25

Projected 2025-26

2022-23

Personnel Costs

$ 214,696,792 $ 240,756,642

$ 250,921,883 170,649,682

$ 257,856,220 175,205,318

Maintenance & Operations

149,039,950

162,878,162

Capital Outlay

676,405

245,000

325,000

-

Total Expenditures

$ 364,413,147 $ 403,879,804

$ 421,896,565

$ 433,061,538

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