Page 33 - Haltom City FY19 Annual Budget

CITY OF HALTOM CITY
SUMMARY OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
ALL FUNDS BY FUND TYPE
FISCAL YEAR 2019 WITH COMPARISONS TO FISCAL YEARS 2018 AND 2017

GOVERNMENTAL FUNDS

Special Governmental
Debt Service Revenue Capital Projects
General Fund Fund Funds Funds

Beginning Balance $8,299,072 $307,115 $4,304,639 $13,924,050

BUDGETED REVENUES
Property Taxes 9,085,555 4,910,727 - -
Sales & Other Taxes 10,128,213 - 1,824,678 2,760,891
Franchise Fees 4,052,000 - 60,000 -
Licenses/Permits/Fees 695,400 - 280,000 -
Intergovernmental Revenues 198,359 - 104,000 -
Charges For Service 1,677,610 - 64,200 -
Fines & Fees 1,275,400 - 272,000 -
Bond Proceeds - - - 7,783,000
Miscellaneous Revenues 393,844 8,000 158,100 98,150
Interfund Transfers 2,268,200 830,488 980,000 500,000
TOTAL REVENUES 29,774,581 5,749,215 3,742,978 11,142,041

BUDGETED EXPENDITURES
Personnel $23,175,514 - 540,419 -
Operations 6,506,190 - 2,081,943 405,000
Capital Outlay 503,500 - 841,926 15,601,500
Debt Service 6,006,011 457,488 125,000
Interfund Transfers 1,853,000 - 88,200 900,000
TOTAL EXPENDITURES 32,038,204 6,006,011 4,009,976 17,031,500
Depreciation Adjustments - - - -
Ending Balance $6,035,449 $50,319 $4,037,641 $8,034,591

GOVERNMENTAL FUNDS
General Fund is the operating fund of the City. This fund is used to account for all financial resources
not accounted for in other funds.
Debt Service Fund is used to account for the accumulation of financial resources for the payment of
principal, interest and related costs on general long-term debts.
Special Revenue Funds are used to account for revenues sources that are legally restricted to spend
for specific purposes.
Governmental Capital Project Funds are used to account for the financing and construction of major
capital facilities or acquisition of major equipment. Financing is primarily through the issuance of
general obligation debts and transfers from other funds.

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