Overview
Elkhart's General Fund is the story of 2025: receipts of $1,008,032 against expenditures of $1,101,530, a $93,498 draw that cut its balance from $704,280 to $610,782 — still the city's second-largest fund balance. The Sales Tax Revenue Bonds fund (Series 1994) drew down harder, spending $290,129 against $171,210 in sales-tax receipts and falling from $949,154 to $830,235. Offsetting that, the Fire Equipment Replacement fund grew to $200,334 and the Special City Streets and Highways fund grew to $158,584 on $47,652 in gasoline-tax receipts against just $7,539 in spending. The city ended 2025 with $2,582,412 in total cash (cash on hand with the city clerk $600, checking accounts $57,610, time deposits $2,524,202), and the Employees' Benefits fund ended exactly at $0 after spending $243,254 against $226,197 in receipts. The city did not hold a revenue neutral rate hearing for this year, and there were no budget amendments.
Source: Statement 1 (cash composition); Schedules 2-1 through 2-6.
At a glance — 2025 actual (regulatory basis)
Funds that extracted cleanly — 2025 actual
Each row reconciles: beginning balance + receipts − expenditures = ending unencumbered balance. Only funds whose schedules extracted legibly are shown; this table is a subset and does not sum to any city-wide total.
| Fund | Receipts | Expenditures | Ending balance |
|---|---|---|---|
| General | $1,008,032 | $1,101,530 | $610,782 |
| Employees' Benefits | $226,197 | $243,254 | $0 |
| Fire Equipment Replacement | $24,328 | $6,175 | $200,334 |
| Special City Streets and Highways | $47,652 | $7,539 | $158,584 |
| Special Park and Recreation | $1,801 | $1,000 | $7,127 |
| Revenue Fund — Sales Tax Revenue Bonds, Series 1994 | $171,210 | $290,129 | $830,235 |
Source: Schedules 2-1 to 2-6.
General Fund — 2025 actual
General Fund receipts built from their categories: taxes $694,830 (ad valorem $420,078; delinquent $28,671; motor vehicle $72,901; recreational vehicle $715; 16/20M vehicle $1,279; local sales tax $171,186), intergovernmental $1,802, licenses, permits and fees $168,608 (franchise tax $166,571), swimming pool and concessions $18,151, fines, forfeitures and penalties $13,300, use of money and property $108,048 (interest on time deposits $92,921), and miscellaneous $3,293 — totaling $1,008,032, against a budget of $1,012,047. Expenditures built from their categories: general government $356,330, police $201,482, fire $39,758, animal shelter $7,346, highways and streets $268,361, parks $91,468, swimming pool $63,455, and street lighting $73,330 — totaling $1,101,530, against a budget of $1,574,547, or $473,017 under budget (general-government capital outlay alone came in $335,695 under its $339,547 budget).
| Item | Amount |
|---|---|
| Beginning unencumbered cash, Jan 1, 2025 | $704,280 |
| Receipts, 2025 | $1,008,032 |
| Expenditures, 2025 | $1,101,530 |
| Ending unencumbered cash, Dec 31, 2025 | $610,782 |
Source: Schedule 2-1 — General Fund.
Sources & notes
- Only source used: City of Elkhart, Kansas, Financial Statements for the Year Ended December 31, 2025 (Hay•Rice & Associates, Chartered, July 20, 2026). Read the statements (PDF).
- Sum checks: General Fund receipts build ($694,830 + $1,802 + $168,608 + $18,151 + $13,300 + $108,048 + $3,293 = $1,008,032); General Fund expenditures build ($356,330 + $201,482 + $39,758 + $7,346 + $268,361 + $91,468 + $63,455 + $73,330 = $1,101,530); General Fund walk ($704,280 + $1,008,032 − $1,101,530 = $610,782); Employees' Benefits ($17,057 + $226,197 − $243,254 = $0); Fire Equipment Replacement ($182,181 + $24,328 − $6,175 = $200,334); Special Streets and Highways ($118,471 + $47,652 − $7,539 = $158,584); Sales Tax Revenue Bonds ($949,154 + $171,210 − $290,129 = $830,235); cash composition ($600 + $57,610 + $2,524,202 = $2,582,412).
- What is missing: Statement 1's text layer is rotated and scrambled in extraction, so the printed city-wide receipts, expenditures, and unencumbered-cash totals could not be verified digit-by-digit and are not claimed here. The water, sewer, sanitation, and remaining project funds' schedules were not extracted, and no long-term debt schedule was extracted, so no figures for them are claimed. The Indiana city of the same name was disregarded, as the inventory notes.
- Jurisdiction palette: no verified palette for this jurisdiction was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.