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City of Alamo FY 2021‑2022 Adopted Budget Summary

original file: Fiscal Year 2021-2022
Alamo

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What is this?

The City of Alamo’s FY 2021‑2022 adopted budget outlines a modest property‑tax increase, a $283,640 deficit covered by the fund balance, and detailed revenues and expenditures for the General Fund and other city funds, including new grants for police, parks, and community events.

Key figures

Property tax revenue increase $252,686 (8.57%)
New property tax revenue from added roll $169,426
General Fund revenues $11,886,304
General Fund expenditures $12,169,944
Budget deficit covered by fund balance $283,640
Unreserved fund balance (Sept 30 2020) $5,983,318
Assessed taxable value $813,901,546 (12% increase over prior year)
Property tax rate per $100 valuation $0.5817/100
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