FY 2023 ADOPTED BUDGET AS OF 9-22-22 - Flipbook - Page 19
Introduction → Transmittal Letter
Figure 4:
FY 2022-23 General Fund Projected Expenditures - $21,271,009
Where the General Fund Revenue Will be Spent?
General Government
Public Safety
Physical Environment
Culture & Recreation
$4,072,876
$10,646,815
$1,341,472
$2,353,176
19.15%
50.05%
6.31%
11.06%
Other Financing
Uses
$2,856,670
13.43%
Detailed information on each department’s budget within the General Fund and the Non-Departmental
expenditures are included starting in the General Fund Section.
Street Improvement Fund Budget Analysis
The Street Improvement Fund (Fund 013) includes 18 employees, and receives revenues from
various sources. The major funding source is the Local Option Gas Tax. Those revenues have
decreased to an extent over the past several years due to a change in the distribution formula.
The total revenue of $2,224,800 is 8.79% higher than last year’s actual revenue, but once again it
includes $200,000 for street light reimbursement from the State; $100,000 the reimbursement for
the FDOT projects, a $795,000 transfer from the General Fund, and a $260,000 transfer from the
Stormwater Fund. The revenue sources for this fund are as follows:
City of Eustis, Florida
Adopted Annual Budget
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