 |
CITY OF BARTLETTCOMMUNITY DASHBOARD |
Status Indicators for Most Recently Reported Results: On Target | Caution | Below Plan | No Information
Produce a Balanced Budget
| Actual | Target | Results for |
Goal:
Maintain a balanced budget annually
| 1.13% Surplus | Balanced Budget | FY25 |
Definition
This metric covers differences between anticipated (budgeted) and actual revenue. This evaluation ensures that the City has forecasted expenses and revenue accordingly to provide residents with the services they expect while remaining financially healthy throughout the year.
Analysis
The City of Bartlett had a 1.13% surplus in Fiscal Year 2025. Therefore, the City was able to produce a balanced budget and allocated a small portion of the City's existing fund balance for large-scale projects, thereby avoiding the issuance of any general service debt in Fiscal Year 2026.
