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TOWN OF BOSTON, NEW YORK Schedule of Revenues, Expenditures, and Changes in Fund Balances— Budget and Actual—General Fund Year Ended December 31, 2024 Budgeted Amounts Actual Variance with Original Final Amounts Final Budget REVENUES Real property taxes and tax items 156,900 156,900 $ 168,136 $ 11,236 Non-property tax items 1,085,000 1,085,000 1,090,738 5,738 Departmental income 14,800 14,800 17,528 2,728 Use of money and property 110,994 194,994 204,080 9,086 Licenses and permits 31,400 31,400 59,397 27,997 Fines and forfeitures 175,000 175,000 181,766 6,766 Sale of property and compensation for loss - - 7,909 7,909 Miscellaneous - - 13,399 13,399 State aid 234,689 244,689 220,684 (24,005) Federal aid - 181,151 181,151 - Total revenues 1,808,783 2,083,934 2,144,788 60,854 EXPENDITURES Current: General government support 1,118,654 1,098,380 969,196 129,184 Public safety 125,760 125,860 117,720 8,140 Transportation 156,293 168,738 165,802 2,936 Economic assistance and opportunity 48,785 48,985 46,855 2,130 Culture and recreation 307,284 385,995 361,274 24,721 Home and community services 208,780 232,080 198,191 33,889 Employee benefits 281,000 280,400 271,580 8,820 Debt service: Principal 45,000 45,000 49,367 (4,367) Interest and other fiscal charges 20,135 20,135 20,532 (397) Total expenditures 2,311,691 2,405,573 2,200,517 205,056 Deficiency of revenues over expenditures (502,908) (321,639) (55,729) 265,910 OTHER (USES) Transfers out - (331,563) (331,563) - Total other (uses) - (331,563) (331,563) - Net change in fund balances* (502,908) (653,202) (387,292) 265,910 Fund balances—beginning 2,939,496 2,939,496 2,939,496 - Fund balances—ending $ 2,436,588 $ 2,286,294 $ 2,552,204 $ 265,910 * The net change in fund balances was included in the budget as an appropriation (i.e., spenddown) of fund balance and re-appropriation of prior year encumbrances. The notes to the required supplementary information are an integral part of this schedule. - 47 -