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A summary of governmental fund expenditures for the year ended May 31, 2025 and 2024 is presented. below in Table 2. Table 2— Summary of Governmental Fund Expenditures Year Ended May 31, Unaudited 2025 2024 Current: General government support S$ 416,102 432,166 Public safety 345,694 387,331 Transportation 609,860 594,146 Culture and recreation 54,703 44,504 Home and community services 9,030,691 2,445,175 Employee benefits 370,089 357,686. Debt service: Principal 201,902. 364,952 Interest 132,066 66,744 Total expenditures $11,161,107 4,692,704 The Village’s most significant expenditure items for the year ended May 31, 2025 were home and community services (infrastructure spending) of $9,030,691, or 81 percent of. total expenditures, transportation. expenditures of $609,860, or 5 percent of total expendit ures, and general government support of $416,102, or 4 percent of total expenditures. The Village’s most significant expenditure items for the year ended May 31, 2024 were home and community services (infrastructure spending) of $2,445,175, or 52% of total expenditures, transportation expenditures of $594,146, or 14 percent of total expenditures, and general government support of $432,166, or 10 percent of total expenditures. At May 31, 2025 and 2024, the General Fund reported ending fund balance amounts of $1,836,932 and $1,460,488 respectively. Approximately 63 percent and 69 percent, or $1,163,094 and $1,006,254 of these total amounts constitutes unassigned fund balance at May 31, 2025 and 2024 respectively, which is available for spending at the government's discretion. The General Fund reported $350,000 and $200,000 of assigned find balance at May 31, 2025 and 2024 respectively and $323,838 and $254,234 of restricted fund balance at May 31, 2025 and 2024 respectively. A discussion of the Village's other major funds follows: During the year ended May 31, 2025, the fund balance in the Village’ s Community Development Fund decreased by $5,861 ftom the prior year, resulting in an ending fund balance of $703,485. Of this amount, $305,500 is restricted to fund the maintenance and upkeep of the Peter Cooper site (see footnote 13) and $397,985 is reported as assigned fund balance for the specific operations of this fund. :