Page 111 - Hurst FY19 Approved Budget

CITY OF HURST
SUMMARY OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES
FISCAL YEAR 2018-2019

DEBT SERVICE FUND & SPECIAL CAPITAL PROJECTS FUND
REVENUE FUNDS
Street & Operating & Capital
Debt Service Hotel/ Motel Park Donation Special Projects GO Infrastructure Water & Sewer Other Funding
Fund Fund Fund Fund Bonds Drainage Bond Bond Funds Sources Project Bond Funds
Funds TOTAL
Beginning Balance 10/01/18 $572,000 $1,584,049 $220,411 $16,224,963 $0 $5,508,825 $1,616,266 $3,699,845 $72,855,750
REVENUES
Taxes 3,366,086 668,648 $39,928,583
Licenses and Permits $781,000
Charges for Services $2,062,150
Storm Water Mgmt. Fees $1,090,000
Water Sales $13,605,151
Sewer Sales $7,851,960
Fines $2,850,000
Miscellaneous (180,491) 85,000 75,000 7,000,000 10,000 3,000 $7,729,244
Intergovernmental/Grants $566,923
Intragovernmental 1,000,000 $11,327,908
Conference Center Sales $2,464,564
Total Revenues 3,185,595 668,648 85,000 1,075,000 7,000,000 10,000 3,000 $90,258,583
Total Available Resources 3,757,595 2,252,697 305,411 17,299,963 7,000,000 5,518,825 1,619,266 3,699,845 $163,114,333
EXPENDITURES
Public Services $1,204,563
Administration 200,000 9,642,803 $12,904,321
Non-Departmental $2,733,718
General Services $3,193,398
Human Resources $392,558
Fiscal Services $1,023,209
Police 1,800,000 7,000,000 535,500 $26,831,293
Fire $8,577,185
Public Works 2,704,959 583,039 $25,897,787
Community Services 81,000 1,652,201 795,054 $14,255,570
Fleet Services $2,138,235
Information Services 100,000 $2,467,581
Capital Improvements 100,000 1,343,391 1,222,815 $3,991,364
Less Depreciation
Debt Service 3,226,086 360,900 $6,559,599
Total Expenditures 3,226,086 641,900 100,000 15,799,963 7,000,000 1,343,391 1,222,815 2,013,593 $109,358,667
ENDING BALANCE 531,509 1,610,797 205,411 1,500,000 0 4,175,434 396,451 1,686,252 $53,755,666
Designated/Reserved 531,509 980,000 8,000,000 7,000,000 4,175,434 396,451 1,686,252 $47,098,807
Undesignated 630,797 205,411 4,311,037 $24,282,497
Total Fund Balance 9/30/19 $531,509 $1,610,797 $205,411 $12,311,037 $7,000,000 $4,175,434 $396,451 $1,686,252 $71,566,703
Change in Fund Balance 2017-2018
to 2018-2019 ($40,491) $26,748 ($15,000) ($3,913,926) $7,000,000 ($1,333,391) ($1,219,815) ($2,013,593) ($1,289,047)
The use of $53,755,66 in appropriable funds will decrease the beginning Fund Balances/Retained Earnings to $47,098,807 at the end of fiscal year 2018-2019, of which $24,282,497 are undesignated reserve funds. The ble on
the following page indicates the reason for projected changes in all fund balances of a total of ($1,289,047).

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