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As noted previously, at the end of the current fiscal year, the Village’s governmental funds reported combined fund balance of $1,508,832. A summary of governmental fund revenues for the years ended May 31, 2025 and 2024 is presente d. ~ below in Table 1. Table 1 - Summary of Governmental Fund Revenues Year Ended May 31, Unaudited 2025 2024 Real property taxes and property tax items S$ 1,142,316 1,125,969 Non property tax items 410,121 421,554 Departmental income 1,078, 148 1,010,890 Intergovernmental charges 810,716 774,149 Use of money and property 271,254. 212,978 Sale of property & compensation for los. 35,098 41,595 Licenses and permits . : 2,660 2,051 Other Revenue 4,240 64,270 State aid 1,782, 964 534,109 Federal aid 3,828, 795 388,573 BANS Redeemed from Appropriations 55,000 219,000 Total revenues $ 9,421,312 4,795,138 The most significant sources of revenue for the year ended May 31, 2025 are property taxes, federal aid, and state aid, which accounted for $1,142,3 16, $3,828,795, and $1,782,964 or 12 percent, 41 percent, and 19 percent respectively of total revenue. The most significant sources of revenue for the year ended May 31, 2024 are property taxes, departmental income, and state aid, which accounted for $1,125,969, $1,010,890, and $534,109 or 23 percent, 21 percent, and 11 percent respectively of total revenue.