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General Fund FY 2025/26 and FY 2026/27 Operating Expenditures and Revenueseneral Fund FY 2025/26 and FY 2026/27 Operating Expenditures and RevenuesGeneral Fund FY 2025/26 and FY 2026/27 Operating Expenditures and Revenuesneral Fund FY 2025/26 and FY 2026/27 Operating Expendi As presented in the table below, the General Fund budget is balanced in FY 2025/26 and FY 2026/27. Total General Fund revenues, including transfers from other funds, are estimated to be $162.9 million in FY 2025/26, an increase of $4.2 million or 2.6 percent from the FY 2024/25 Modi{ed Budget. Revenues that are increasing include property taxes ($3.8 million), sales tax ($1.0 million), reimbursement revenue ($0.9 million), interfund revenue ($0.5 million), planning and development permit fees ($0.3 million), business license tax ($0.2 million), transient occupancy tax ($0.1 million) and other revenues ($0.3 million).° These increases are largely offset by decreases in transfers from other funds ($2.5 million), recreation revenues ($0.3 million), and intergovernmental revenue ($0.1 million). As described in the chart below, over 80.0 percent of General Fund revenues are derived from taxes including property tax (60.0 percent), sales tax (15.9 percent), business license tax (3.6 percent), and Transient Occupancy Tax (TOT) (3.4 percent). °The balance of General Fund revenues comes from fees for services, {nes, interest earnings, inter-fund charges, and transfers in.° Total General Fund expenditures, including transfers out to other funds, are $165.2 million in FY 2025/26 or $6.1 million more than the FY 2024/25 Modi{ed Budget. Personnel expenses 4 Page 285 of 682