Page 40 - Haltom City FY19 Annual Budget

WHERE THE MONEY GOES – BY EXPENDITURE TYPE

Actual EOY Estimated Budget Change from FY2018 to FY2019
Expenditure FY2017 FY2018 FY2019 Amount Percent
Personnel $24,114,176 $25,138,520 $27,296,591 $2,158,071 9%
Operations 20,803,369 25,947,270 26,985,334 1,038,063 4%
Capital Outlay 3,404,281 13,526,613 23,395,426 9,868,813 73%
Debt Service 12,691,160 7,843,409 9,252,554 1,409,145 18%
Transfers 6,551,421 4,847,863 5,471,200 623,337 13%
Total $67,564,407 $77,303,675 $92,401,105 $15,097,429 20%

Personnel – This includes salaries and benefits for all full time and part time employees. The
increase is due to a general 3% increase in salary and 6 added positions.

Operations - This includes supplies, maintenances, and contracts for the operations of the City.

Capital Outlay – Expenditures in capital project funds and capital purchases are capital outlays.
The increase is mainly due to new capital projects in parks, streets, water and sewer, and a
new fire station.

Debt Service – This includes both general government debt service and proprietary debt
service. The increase is due to new debt issues.

Transfers - The 13% increase is due to amounts transfers to debt service fund for Economic
Development related debt and transfers from General Fund to Economic Development Fund.

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