City of Daytona Beach, FL CRA Financial Summary Data FINANCIAL SUMMARY SOUTH ATLANTIC
SOUTH ATLANTIC
2019 ACTUAL
2020 ACTUAL 2021 ACTUAL 2022 ACTUAL 2023 ACTUAL 2024 ACTUAL 2025 ACTUAL*
INTERGOVERNMENTAL CHARGES FOR SERVICE LICENSES & PERMITS INCOME ON INVESTMENTS
62,358
102,319
136,187
127,125
179,875
228,753
262,694
- -
- -
- -
- -
- -
- -
- -
959
938
968
2,824
30,529
48,680
26,674
MISC
-
-
-
-
-
-
-
$
63,317
$
103,257 $
137,155 $
129,949 $
210,404 $
277,433 $
289,368
OPERATING
295
5,293
3,450
47,639
4,848
34,525
53,194 263,933 317,127
CAPITAL OUTLAY
-
-
-
-
-
-
$
295
$
5,293
$
3,450 $
47,639
$
4,848
$
34,525
$
ISSUANCE OF DEBT TRANSFERS IN
58,320
92,282
110,194
104,161
153,461
197,634
252,685
TRANSFERS (OUT) - DEBT SERVICES
-
-
-
-
-
-
-
58,320
92,282
110,194
104,161
153,461
197,634
252,685
NET CHANGE IN FUND BALANCE
$
121,342 $
190,246 $
243,899 $
186,471 $
359,017 $
440,542 $
224,926
FUND BALANCE BEGINNING
80,316 201,658
201,658 391,904
391,904 635,803
635,803
822,274
1,181,291
1,621,833
FUND SUMMARY
ENDING
822,274 1,181,291
1,621,833 1,846,759.00
FUND NUMBER 134
*As of 12/05/2025, FY 2025 amounts are preliminary and have not been finalized or audited REDEVELOPMENT-SOUTH ATL
ADOPTED BUDGET
AMENDED BUDGET
$548.9K
$548.9K
EXPENSE
REVENUE
YTD TOTAL
FINAL PROJECTION
YTD TOTAL
FINAL PROJECTION
861
$3.6K
0
0
23
Sources: 2019 2020 CoDB ACFR, 2021 - 2024 CRA Audited Financial Statments, 2025 Trial Balance Report
VARIANCE $
VARIANCE %
VARIANCE $
VARIANCE %
$545.3K
99.34%
$548.9K
100.00%
BURN RATE *
ENCUMBERANCES
YTD Expense by Category
$22.9K
0.05%
YTD Actual to Budget
$- $20,000.00 $40,000.00 $60,000.00 $80,000.00 $100,000.00 $120,000.00 $140,000.00 $160,000.00
PERSONNEL SERVICES 75%
CAPITAL 0%
OPERATING 25%
OTHER EXPENSES 0%
October
November
December
Actual
Budget
DaytonaBeach.gov/Redevelopment Executive Notes: 1. Majority of budgeted revenues are from Ad Valorem tax payments. Historically, these payments are not posted until December of the fiscal year. As of this report, they have not been posted. 2. Prior year project budget will be amended at a later date after fiscal year has been closed. As of this report the following projects has funds available to roll from FY 2025:
602201 - CORNELIA YOUNG IMPROVEMENTS: $52,539.90 152002 - SOUTH ATLANTIC CRA STREETSCAPE: $992,823.09 TOTAL AVALIBLE TO BE ROLLED: $1,045,362.99
Powered by FlippingBook