Page 128 - Haltom City FY19 Annual Budget
P. 128

Capital Replacement Fund (35)

             This  fund  is  used  for  accumulating  resources  for  replacement  of  vehicles  and  equipment.
             Funding is from transfers from other funds.  For FY2019, a transfer of $500,000 from General
             Fund will be made and appropriations of $573,000 is also budgeted.  Major purchases for
             FY2019 are as follows:

                •  Building Maintenance – 1 vehicle                   $40,000
                •  Police – 6 vehicles                                  $402,000
                •  Streets and Drainage – 1 vehicle                   $55,000
                •  Parks – 2 vehilces                                 $76,000



             Water & Sewer Utility Projects Fund (42) and Impact Fees Fund (44)

             This fund is to account for water and sewer capital projects. The source of funds is the Water
             and Sewer Fund and the proceeds of debt backed by the net revenues of the Water and Sewer
             Fund.    Total  budget  of  $4,799,500  is  approved  for  FY2019.    Major  projects  approved  for
             FY2019 include:

                •  44  Year CDBG Oak Knoll & McNutt Water Main               $325,000
                      th
                •  Big Fossil Multi-Jurisdictional Sanitary Sewer            $100,000
                •  Broadway Avenue (Denton Highway to SH 26)                 $120,000
                •  Denise Drive (Lalagray Lane to Bonner Drive)              $150,000
                •  Denton Highway Sewer (Broadway to Glensview)              $600,000
                •  Joy Lee (Earle to Dead End)                               $345,000
                •  McComas Road (Beach to Fossil Drive)                          $35,000
                •  McCullar Street (Carson to Weaver)                        $140,000
                •  Meacham Engineering                                           $65,000
                •  Ray Drive and Ray Court                                       $4,500
                •  Swan (Joy Lee to Katrine)                                     $115,000
                •  Thomas (Little Fossil Creek to Lower Birdville)             $25,000
                •  Vicki (Field to Denton Highway)                           $650,000
                •  Impact Fee Study                                          $250,000


             Drainage Capital Fund (46)

             During FY 2003-04, the City engaged consultants to perform a drainage study.  The result of
             the study was a plan that assesses a monthly fee to each residential customer in the City.
             Commercial interests are billed a per square foot charge based upon the square footage of
             their property multiplied by a runoff factor.

             During FY2004-05, the City engaged another consulting firm to assist in the preparation of a
             Drainage Master Plan.  As a part of the analysis, floodplain maps were studied and the existing
             drainage system was studied.  The results of the study determined that the value of needed
             drainage projects amounted to approximately $102 million.


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