BUDGET SUMMARY CITY OF PALMETTO - Fiscal Year 2026-2027 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF PALMETTO ARE 7.1% MORE THAN LAST YEARS TOTAL OPERATING EXPENDITURES General Fund 5.8445 GENERAL CAPITAL SPECIAL TRUST ENTERPRISE AGENCY TOTAL ALL ESTIMATED REVENUES: FUND PROJECTS REVENUES FUNDS FUND FUND FUNDS Taxes: Millage per $1000 Ad Valorem Taxes 5.8445 9,381,432 - 7,027,830 - - - 1 6,409,262 Sales and Use Taxes 4,188,535 - 1,379,321 - - - 5 ,567,856 Permits, Fees and Assessments 2,142,510 - - - 441,000 - 2 ,583,510 Charges for Services 716,340 - 195,945 - 15,647,372 - 1 6,559,657 Intergovernmental Revenue - - - - - - - Fines and Forfeitures 49,900 - - - - - 4 9,900 Miscellaneous Revenue 758,774 - 296,833 - 440,800 - 1 ,496,407 Other Financing Sources 1,001,937 - 9,136,773 - 273,000 - 1 0,411,710 TOTAL SOURCES 18,239,428 - 18,036,702 - 16,802,172 - 5 3,078,302 Transfers In 2,124,036 - - - - - 2 ,124,036 Fund Balances/Reserves/Net Assets 15,945,779 2,418,436 10,413,172 39,467,732 57,695,428 - 1 25,940,547 TOTAL REVENUES, TRANSFERS & BALANCES $ 36,309,243 $ 2,418,436 $ 28,449,874 $ 39,467,732 $ 74,497,600 $ - $ 1 81,142,885 EXPENDITURES: General Government 18,412,871 - 15,542,684 - - - 3 3,955,555 Public Safety 1,332,837 - - - - - 1 ,332,837 Physical Environment - - - - 13,536,004 - 1 3,536,004 Transportation - - 1,642,995 - - - 1 ,642,995 Debt Services 384,176 - 367,400 - 1,033,670 - 1 ,785,246 Human Services - - - - - - - Internal Services - - - - - - - TOTAL EXPENDITURES 20,129,884 - 17,553,079 - 14,569,674 - 5 2,252,637 Transfers out 233,580 - 483,623 - 1,406,833 - 2 ,124,036 Fund Balances/Reserves/Net Assets 15,945,779 2,418,436 10,413,172 39,467,732 58,521,093 - 1 26,766,212 TOTAL APPROPRIATED EXPENDITURES, TRANSFERS, RESERVES & BALANCES $ 36,309,243 $ 2,418,436 $ 28,449,874 $ 39,467,732 $ 74,497,600 $ - $ 1 81,142,885 The tentative, adopted, and/or final budgets are on file in the office of the above referenced taxing authority as a public record.