2. Exhibit A

City Council Meeting · 2026-05-20 · agenda_item

The City of Tavares is proposing to amend its 2026 fiscal year adopted budget. This is the second amendment to the budget. The total revenues and expenditures are projected to increase from $69,424,677 to $85,758,827. This budget amendment includes adjustments for various funds such as General Fund, Water/Wastewater Utility, Stormwater, and Capital Project Funds. The resolution is planned for adoption on May 20, 2026. This budget amendment represents a planned financial adjustment and does not detail specific construction projects at this time. However, future projects funded by these budgets could involve site clearing, utility work, paving, building construction, and landscaping. Local contractors, suppliers, and service providers are encouraged to monitor future city announcements for specific project opportunities that may arise from these budget allocations.

Fiscal Year

2026

Total Revenues and Expenditures

69,424,677 $

Amended Total Revenues and Expenditures

85,758,827 $

General Fund Estimated Revenues

29,392,097 $

General Fund Reserve Appropriations

2,733,066 $

General Fund Estimated Expenditures

32,125,163 $

Water/Wastewater Utility Estimated Revenues

14,365,987 $

Water/Wastewater Utility Reserve Appropriations

1,905,566 $

Water/Wastewater Utility Estimated Expenditures

16,271,553 $

Water/Wastewater Impacts Estimated Revenues

1,415,419 $

Water/Wastewater Impacts Reserve Appropriations

0 $

Water/Wastewater Impacts Estimated Expenditures

940,730 $

W/WW RR&I Fund Estimated Revenues

400,000 $

W/WW RR&I Fund Reserve Appropriations

189,470 $

W/WW RR&I Fund Estimated Expenditures

589,470 $

SRF Construction Fund Reserve Appropriations

8,322,315 $

SRF Construction Fund Estimated Expenditures

8,322,315 $

W/WW SRF Loan Estimated Revenues

2,575,052 $

W/WW SRF Loan Estimated Expenditures

2,575,052 $

Solid Waste Estimated Revenues

4,848,980 $

Solid Waste Reserve Appropriations

14,125 $

Solid Waste Estimated Expenditures

4,863,105 $

Stormwater Estimated Revenues

2,446,542 $

Stormwater Reserve Appropriations

40,239 $

Stormwater Estimated Expenditures

2,486,781 $

Seaplane Base Fund Estimated Revenues

1,046,608 $

Seaplane Base Fund Reserve Appropriations

21,257 $

Seaplane Base Fund Estimated Expenditures

1,067,865 $

Pavilion Fund Estimated Revenues

851,720 $

Pavilion Fund Reserve Appropriations

13,255 $

Pavilion Fund Estimated Expenditures

864,975 $

Police Education Estimated Revenues

4,991 $

Police Education Estimated Expenditures

4,991 $

Community Redevelopment Estimated Revenues

292,326 $

Community Redevelopment Reserve Appropriations

24,085 $

Community Redevelopment Estimated Expenditures

316,411 $

Police Impacts Estimated Revenues

132,178 $

Police Impacts Reserve Appropriations

18,986 $

Police Impacts Estimated Expenditures

151,164 $

Fire Impacts Estimated Revenues

145,962 $

Fire Impacts Estimated Expenditures

78,978 $

Park Impacts Estimated Revenues

322,769 $

Park Impacts Estimated Expenditures

170,000 $

Building Permits Estimated Revenues

185,481 $

Citizen Donation Fund Estimated Revenues

300 $

Citizen Donation Fund Estimated Expenditures

300 $

Fire Assessment Fund Estimated Revenues

2,064,182 $

Fire Assessment Fund Estimated Expenditures

2,064,182 $

Infrastructure Sales Tax 5 Reserve Appropriations

124,000 $

Infrastructure Sales Tax 5 Estimated Expenditures

124,000 $

Grant Fund Estimated Revenues

2,010,049 $

Grant Fund Reserve Appropriations

982,875 $

Grant Fund Estimated Expenditures

2,992,924 $

Infrastructure Sales Tax Estimated Revenues

2,487,958 $

Infrastructure Sales Tax Reserve Appropriations

1,537,366 $

Infrastructure Sales Tax Estimated Expenditures

4,025,324 $

ARPA Reserve Appropriations

21,139 $

ARPA Estimated Expenditures

21,139 $

GTRP East Lake County Assistance Estimated Revenues

293,000 $

GTRP East Lake County Assistance Reserve Appropriations

118,090 $

GTRP East Lake County Assistance Estimated Expenditures

411,090 $

Debt Service Fund Estimated Revenues

1,114,477 $

Debt Service Fund Estimated Expenditures

1,114,436 $

Capital Project Fund Estimated Expenditures

805 $

Capital Project Fund (Public Works Facility) Reserve Appropriations

65,213 $

Capital Project Fund (Public Works Facility) Estimated Expenditures

65,213 $

Municipal Police Pension Estimated Revenues

3,260,106 $

Municipal Police Pension Estimated Expenditures

1,862,206 $

Firefighter's Pension Estimated Revenues

4,052,667 $

Firefighter's Pension Estimated Expenditures

2,204,690 $

General Employee Pension Estimated Revenues

94,584 $

General Employee Pension Estimated Expenditures

43,165 $

Mildred Hunter Trust Estimated Revenues

425 $

Mildred Hunter Trust Estimated Expenditures

350 $

Wooton Park Playground Estimated Revenues

450 $

Wooton Park Playground Estimated Expenditures

450 $

Total Estimated Revenues

73,804,310 $

Total Reserve Appropriations

16,131,852 $

Total Unappropriated Revenues

4,177,335 $

Total Estimated Expenditures

85,758,827 $

Original Adopted Budget

69,424,677 $

Meeting Date

20 May 2026