Helper's fiscal 2025 general fund budget included a $330,000 transfer that was never made

Helper's general fund budget for the fiscal year ended June 30, 2025 projected $330,000 more in spending than in revenue and balanced it with $330,000 in transfers from other funds, according to the budget comparison in the city's audited statements. ^[1]

No transfer was made. The notes say there were no interfund transfers during the year. ^[1][2]

How the year ended

The general fund took in $1,869,479, about $89,000 more than the final budget of $1,780,500. It spent $2,021,113, about $89,000 less than the final budget of $2,110,500. ^[1]

With no transfer, spending exceeded revenue by $151,634. The fund balance fell from $711,063 to $559,429. ^[1]

The management discussion's budget summary shows a net of zero for the general fund's original and amended budgets, against an actual net change of minus $151,634. ^[4]

The year before

In fiscal 2024, the electric fund transferred $350,000 to the general fund "to help cover a shortfall of revenues in the General Fund and provide resources to pay expenditures," the notes say. ^[2]

The fund comparison table shows the general fund received $280,800 of that transfer in fiscal 2024; the rest was split between the Municipal Building Authority fund ($19,200) and other governmental funds ($50,000). ^[5]

In fiscal 2025, the electric fund made no transfer. Its net position rose by $289,214 to $1,092,378. ^[3]