Page 145 - Haltom City FY19 Annual Budget

DRAINAGE FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 45 FY2017 FY2018 FY 2018 FY2019

Cash & Investments, Beginning $1,163,055 $951,612 $896,324 $663,135

Revenues
Drainage Fee Revenues 1,799,553 1,760,000 1,760,000 1,800,000
Penalty Revenues 61,835 55,000 55,000 30,000
Interest Income 9,393 8,000 11,000 10,000
Total Revenues 1,870,782 1,823,000 1,826,000 1,840,000

Cash & Investments Available 3,033,837 2,774,612 2,722,324 2,503,135

Expenses
Drainage Maintenance 448,128 608,046 574,647 911,789
Debt Service 278,938 277,660 277,660 286,580
Non Departmental 704,398 703,283 731,682 713,620
Billing Fee to Water Fund 52,275 35,200 35,200 35,200
Transfer to General Fund 120,000 120,000 120,000 120,000
Transfer to Drainage Capital Project Fund 800,000 600,000 600,000 250,000
Total Expenses $2,403,739 $2,344,189 $2,339,189 $2,317,189

Non-cash adjustments:
Depreciation/Amortization/Other $266,225 $340,000 $280,000 $280,000

Cash & Investments, Ending $896,324 $770,423 $663,135 $465,946

Increase in Cash & Investments ($266,731) ($181,189) ($233,189) ($197,189)

Ending Cash & Investments as a % of 37% 33% 28% 20%
Total Expenses (City Policy is 20%)

Drainage Fund Ending Cash and Investments

$1,000,000
$800,000

$600,000

$400,000
$200,000

$0
Actual 2017 Adopted 2018 Projected 2018 Adopted 2019

Page 128