Notice of General Fund Proposed Budget 2025

NOTICE

 

NOTICE IS HEREBY GIVEN that a Public Hearing will be held by the City Council of the City of Monroe, Louisiana, at its regular meeting place, the Council Chamber, City Hall Building, Monroe, Louisiana, Tuesday,  March 26, 2024 beginning at 6:00 p.m., to hear and consider all comments, protests and objections relative to the following proposed General Fund Budget of the City of Monroe’s Operating Budget for the Fiscal Year 2024-2025.

 

 

 

CITY OF MONROE

  
 

ANNUAL OPERATING BUDGET

  
     
 

GENERAL FUND

  
 

SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET FOR THE YEAR ENDED APRIL 30, 2025

 

 

     
 

 

 

Proposed Budget *

 
 

REVENUES

  
  

Total Revenues

 $  69,041,843

 
  

 

  
 

EXPENDITURES

  
  

Total Expenditures

     66,270,835

 
  

 

  
 

EXCESS (DEFICIENCY) OF REVENUES

  
  

OVER EXPENDITURES

      2,771,008

 
     
 

OTHER FINANCING SOURCES (USES)

  
  

Transfer In

      1,249,326

 
  

Transfer Out

     (4,020,334)

 
  

Total Other Financing Sources (Uses)

     (2,771,008)

 
     
  

NET CHANGES IN FUND BALANCES

                    -

 
     
 

ESTIMATED FUND BALANCES - BEGINNING

     19,597,282

 
     
 

ESTIMATED FUND BALANCES - ENDING

 $  19,597,282

 
     
 

* Details of the above totals are available in the Clerk of Council's office.

 

 

       

NOTICE IS FURTHER GIVEN that copies of the proposed Operating Budget is on file in the City

Clerk’s Office, 2nd floor, City Hall Building and can be examined by the public during regular

business hours Monday through Friday.

 

All persons who wished to comment, protest or object to any portion of the above mentioned

proposed budget are urged to attend this meeting.

 

NOTICE PUBLISHED IN THE MONROE NEWS-STAR ON MARCH 15TH, 2024.

 

CAROLUS S. RILEY, CMC, MMC

City Clerk