Overview
Bonifay’s General Fund had a difficult fiscal year 2025. Revenues of $6,513,756 fell $1,996,268 short of the final budget, mostly because intergovernmental revenues came in at $4,607,955 against a final budget of $6,799,827. Expenditures of $8,008,974 exceeded the final budget by $1,849,242, mostly capital outlay. The resulting deficiency of $1,495,218 was partly offset by $1,207,106 of other financing sources (transfers in $1,038,999, debt proceeds $141,996 and sale of capital assets $26,111), leaving a net decrease of $288,112 and an ending General Fund deficit of $136,303.
Source: City of Bonifay financial statements, year ended September 30, 2025.
At a glance
Headline budget
General Fund budget to actual, year ended September 30, 2025.
| Original budget | Final budget | Actual | |
|---|---|---|---|
| Total revenues | $5,430,109 | $8,510,024 | $6,513,756 |
| Total expenditures | $3,079,817 | $6,159,732 | $8,008,974 |
| Excess (deficiency) | $2,350,292 | $2,350,292 | ($1,495,218) |
| Net other financing sources | $601,102 | $601,102 | $1,207,106 |
| Net change in fund balance | $2,951,394 | $2,951,394 | ($288,112) |
| Fund balance, end of year | $3,103,203 | $3,103,203 | ($136,303) |
Source: City of Bonifay, General Fund Budget to Actual statement.
Breakdown
Actual revenues by source.
| Taxes | $1,464,713 |
| Licenses and permits | $12,228 |
| Intergovernmental | $4,607,955 |
| Charges for services | $35,572 |
| Fines and forfeitures | $10,333 |
| Miscellaneous | $382,955 |
| Total actual revenues | $6,513,756 |
Actual expenditures by function (debt service actual $0; principal and interest budgets of $20,500 and $215 went unspent).
| General government | $710,952 |
| Public safety | $1,490,941 |
| Transportation | $456,193 |
| Culture and recreation | $160,168 |
| Capital outlay | $5,149,607 |
| Physical environment | $41,113 |
| Debt service | $0 |
| Total actual expenditures | $8,008,974 |
Source: City of Bonifay, General Fund Budget to Actual statement.
Elected officials
The audit report is addressed to the Mayor and members of the City Council of the City of Bonifay, Florida, but the retrieved extract does not name individual office-holders, so none are listed here.
Sources & notes
- Only source used: City of Bonifay, Florida, Financial Statements, September 30, 2025 (Carr, Riggs & Ingram, June 25, 2026). 2025 Bonifay audit (Auditor General e-file).
- Sum checks: actual revenues exact ($1,464,713 + $12,228 + $4,607,955 + $35,572 + $10,333 + $382,955 = $6,513,756); final-budget revenues exact ($1,515,777 + $10,000 + $6,799,827 + $33,937 + $6,017 + $144,466 = $8,510,024); actual expenditures exact ($710,952 + $1,490,941 + $456,193 + $160,168 + $5,149,607 + $41,113 + $0 = $8,008,974); $6,513,756 − $8,008,974 = ($1,495,218); ($1,495,218) + $1,207,106 = ($288,112); $151,809 − $288,112 = ($136,303).
- What is not claimed: this is an audited actuals page, not an adopted-budget page; no FY2025-26 adopted total is shown.
- Jurisdiction palette: No verified Florida jurisdiction palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.