Regular Fire Board Meeting - July 10, 2024

Statement of Activities

Governmental Activities 2022 2023

Expenditures:

Public Safety: Personnel

$

459,281 280,051 59,874 42,561 841,767

$

480,971 417,181 69,415 38,885

Operations

Administration Depreciation

Total Expenditures

1,006,452

Revenues:

Program Revenue: Fees for Services

0 0

0 0

Total Program Revenues Net Program Expenditures

803,7345

1,006,452

General Revenues: Property Taxes

750,180 133,650

681,860 136,152

Fire District Assistance Tax

Interest Earnings

31

59

Miscellaneous

17,302 901,163

17,137 835,208

Total General Revenues

Increase (Decrease) in Net Position

59,396

(171,244)

Net position, Beginning of the Year

348,485 407,881

407,881 236,637

Net position, End of the Year

$

$

General Fund Budgetary Highlights

Ganado Fire District (The District) over-spent two line items. These items were Operations in the amount of $ 227,004 and Administration in the amount of $ 43,060. This is due in large part to District costs being more than revenues generated by the property tax levy. This overage is the result of the District still recovering monetarily due to the court ruling between “Centrally Assessed Utilities” and Arizona Counties discussed in Note 20 regarding monies which the District had to give back to Apache County in order to resolve their part of the lawsuit. This has severely impacted their revenues for the past 5 years.

District revenues were $ 68,295 above what was budgeted however; District expenses were $ 186,397 over what was budgeted.

The legal compliance of budgeting for Special Districts in Arizona is at the fund level. The District did overspend its budget at the fund level.

16