Budgeting Brilliance Passthru Payments to Reinforce Reserves

FY2024 Budget includes the budget of all special revenue funds that are restricted or ... Sales Tax Revenues – pass-through payments ... We estimate total current year General Fund reserve deposits of $89.2 million will be required to pay refunds to property owners who receive ... Debt Service Funds (20000s) – These funds are used to account for the accumulation of resources for, and the payment of, principal, interest, and related costs ... ... pass-through payments due to the recent final ... and vehicle licensing fees revenue reflected in the State's FY2021/22 Adopted Budget. ... revenue from reimbursement agreements or pass-through from trust funds. ... Due to prior year budget to actual savings the County achieved this reserve ... COMPTROLLER LEMBO PROJECTS $242.4-MILLION SURPLUS. SAYS MARKET VOLATILITY AND FEDERAL UNCERTAINTY DEMAND CONTINUED BUDGET RESERVE DISCIPLINE. Reserve for Transfer. 150,000.00. Budget adjustment requested to cover the pass through payment of the vehicle rental tax revenue to BE-NKY. Reflects $3.8 billion in General Fund savings from the extension of the MCO tax and the drawdown of reserve funds in the budget year, as adopted ... The operating budget also includes the reserve balances from all operating funds which totals $377,062,493. ... Pass Thru ( Ad. Funds ... Section 1. The revenues of the City of Pittsburgh derived from taxes and other sources for the Fiscal Year beginning January 1, 2024 and ...