Page 105 - Haltom City FY19 Annual Budget
P. 105
HOTEL / MOTEL TAX FUND
Revenues for this fund come from the 7% Hotel/Motel Occupancy Tax levied on all hotels and
motels in the City. Funds are used for advertising and general promotion of the City and
historical preservation. The City also uses these funds to support the beautification program.
HOTEL/MOTEL TAX FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 14 FY2017 FY2018 FY 2018 FY2019
Fund Balance, Beginning $108,019 $93,305 $115,445 $106,104
Revenues
Hotel/Motel Tax Revenue 44,308 44,000 44,000 44,000
Interest Income 1,192 900 1,200 1,200
Total Revenues 45,500 44,900 45,200 45,200
Funds Available 153,519 138,205 160,645 151,304
Expenditures
Beautification Expenditures 18,424 19,060 17,910 19,060
Special Events - Overtime 19,005 24,111 24,111 24,237
Non-Departmental 645 12,520 12,520 12,520
Total Expenditures 38,074 55,691 54,541 55,817
Fund Balance, Ending $115,445 $82,514 $106,104 $95,487
Hotel/Motel Tax Fund Ending Fund Balance
$130,000
$110,000
$90,000
$70,000
$50,000
Actual 2017 Adopted 2018 Projected 2018 Adopted 2019
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