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Operating Transfers <br />General Fund <br />ACTIVITY DESCRIPTION: <br />This department provides funds that will be moved to other City funds to finance other City projects or <br />activities. <br />GOALS: <br />1. Finance other future City projects with as little tax impact as possible on City property taxes. <br />BUDGET COMMENTARY <br />In the past, the City transferred funds to finance future road improvements and the possible treatment <br />and prevention of the Emerald Ash Bore (EAB) and other unidentified projects. In 2020 the City <br />transferred $385,000 in excess fund balance to close out two construction funds and set funds aside <br />for future improvement projects based on the City fund balance policy of maintaining 50% of the next <br />year's operating budget as reserves. In 2026 only $20,000 for future improvement projects is being <br />budgeted. <br />BUDGET <br />OPERATING TRANSFERS <br />DEPARTMENT 4900 <br />ACCT. <br /># ACCOUNT DESCRIPTION <br />2022 <br />ACTUAL <br />2023 <br />ACTUAL <br />2024 <br />ACTUAL <br />12/ 17/2024 <br />2025 <br />ADOPTED <br />11 /30/2025 <br />2025 <br />ACTUAL <br />12/16/2025 <br />2026 <br />ADOPTED <br />% <br />CHANGE <br />720 TRANSFERS OUT <br />2007 Capital Improvement Bonds <br />$0 <br />$0 <br />$0 <br />$0 <br />$0 <br />$0 <br />0.00% <br />Improvement Fund - 401 <br />Road Improvements <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />EAB Treatment/Prevention <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />Building Improvements/Replacement <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />Future Improvements <br />20,000 <br />20,000 <br />20,000 <br />20,000 <br />20,000 <br />20,000 <br />0.00% <br />Sidewalk/Path along County Road E <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />Annexation Reserve Account <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />City Hall Construction Fund - 402 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />Sewer Fund - 601 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />TOTAL OPERATING TRANSFERS <br />20,000 <br />20,000 <br />20,000 <br />20,000 <br />20,000 <br />20,000 <br />0.00% <br />28 <br />