CPA FY24 Budget (003) — File 23-0934

CPA FY2024 Budget Community Preservation Act Fund FY24 Budget Estimated new revenue Surcharge revenue 2,894,815 State match of previous year's local renvenue 388,898 Total 3,283,713 New appropriations and reserves Admin and Operating Expenses of Committee (5%  of estimated revenue) 164,186 Estimated Debt  Service Total Available  for FY24 Projects Open Space and Recreation Reserve (20% of  estimated revenue) 656,743 0 656,743 Historic Resources Reserve (15% of estimated  revenue) 492,557 130,144 362,413 Community Housing Reserve (50% of estimated  revenue) 1,641,857 311,500 1,330,357 Budgeted Reserve (10% of estimated revenue) 328,370 328,370 FY20 City Appropriation 0 0 Total  3,283,713 441,644 2,677,883