2021 Financial Statements and 2021 Annual Financial Report
Attached are the 2021 Audited Financial Statements and the 2021 Annual Financial Report.
2021 Financial Summary
General Fund - Actual vs Budget
Revenue Actual $7,014,754 vs Budget $6,649,345 = Surplus $365,409
Expenses Actual $6,347,722 vs Budget $6,421,361 = Surplus $73,639
Budget Total Surplus = $439,048
Fund Balance
Nonspendable (Prepaid Expenses) $ 263,584
Restricted (Open Space) $ 3,910,512
Assigned (Used for 2022 Budget) $ 400,000
Unassigned $ 717,535
Total Fund Balance $ 5,291,631
2021 ended with Unassigned (Free Fund Balance) of $1,117,535. We applied $400,000 of that fund balance to mitigate taxes for the 2022 budget.