Page 107 - Hurst FY19 Approved Budget

ALL OPERATING FUNDS SUMMARY

Revenues by Source and Expenditures/Expenses by Classification are presented for the
General Fund, Community Services Half-Cent Sales Tax Fund, Anti-Crime Half-Cent Sales
Tax Fund, Enterprise Fund, Storm Water Management Fund, Municipal Court Security
Fund, Municipal Court Technology Fund, Juvenile Case Manager Fund, Traffic Signal
Safety Fund, Commercial Vehicle Inspection Fund, Fleet Service Fund, Information
Technology Fund, PEG Fee Fund and Conference Center Fund. The Community Services
and Anti-Crime Half-Cent Sales Tax Funds, Municipal Court Security and Technology
Funds, Commercial Vehicle Inspection Fee Fund, as well as Traffic Signal Safety Fund
are included because revenue and expenditures of those funds are directly related to
General Fund operations. The two Internal Service Funds are included because the
funds have operational costs such as Personnel Services. Please note, however; that
Intragovernmental Revenues are overstated by the amount of user fees charged for
internal services, which equals $3,747,787 for fiscal year 2018-2019. It is also important
to note that the use of reserves in the Information Technology, Fleet, Enterprise,
Conference Center, Anti-Crime, Storm Water Management Fund and Court Technology
funds are not shown below. The City will utilize approximately $1 Million in reserves to
balance the budget (cash-basis) and purchase replacement equipment in each of these
funds.

Variance
Between
2017-2018 &
ACTUAL BUDGETED ESTIMATED APPROVED 2018-2019
2016-17 2017-18 2017-18 2018-19 Budgets
Taxes 35,737,679 35,418,738 36,602,971 36,562,497 3.2%
License and Permits 905,094 774,000 893,313 781,000 0.9%
Intergovernmental 854,178 555,706 446,211 548,923 -1.2%
Charges for Services 2,019,193 2,036,977 2,052,907 2,062,150 1.2%
Fines 2,796,796 3,012,600 2,644,510 2,850,000 -5.4%
Intragovernmental 10,206,313 10,185,677 10,189,255 10,322,908 1.3%
Water Sales 13,102,863 13,170,000 13,349,295 13,605,151 3.3%
Sewer Sales 7,596,709 7,420,000 7,730,254 7,851,960 5.8%
Storm Water Mgt. Fees 1,120,187 1,091,100 1,088,912 1,091,100 0.0%
Miscellaneous 1,169,261 709,963 852,139 844,735 19.0%
Conference Center 2,386,428 2,279,014 2,332,721 2,464,564 8.1%
TOTAL $77,894,701 $76,653,775 $78,182,488 $78,984,988 3.0%

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