Page 451 - Hurst FY19 Approved Budget

CITY OF HURST
2018-2019 APPROVED BUDGET
COMMUNITY SERVICES

HALF-CENT SALES TAX FUND REVENUES AND EXPENDITURES

ESTIMATED APPROVED
ACTUAL ACTUAL ACTUAL BUDGET BUDGET BUDGET
2014-15 2015-16 2016-17 2017-18 2017-18 2018-19
BEGINNING BALANCE $11,021,765 $5,561,762 $9,543,590 $2,915,809 $4,102,954 $2,937,109

REVENUES
Sales Tax Receipts 5,387,596 5,423,974 5,261,091 5,165,321 5,274,173 5,174,143
Interest Earnings 23,734 23,642 52,334 27,000 41,189 55,000
Transfer In 0 0 80,000 0 0 0
Other Revenue 6,340 3,621 10,399 0 0 0
Less: Development Incentives (315,186) (379,711) (332,215) (354,570) (326,964) (316,152)
TOTAL REVENUES $5,102,484 $5,071,526 $5,071,610 $4,837,751 $4,988,398 $4,912,991

OPERATING EXPENSES
Parks 1,486,263 1,713,144 1,779,925 1,776,298 1,819,286 1,836,327
Recreation 339,862 366,625 377,540 424,632 403,731 473,794
Aquatics 148,213 290,257 414,036 503,972 459,224 483,972
Library 479,963 557,538 572,963 624,761 575,192 597,442
TOTAL EXPENSES $2,454,301 $2,927,564 $3,144,464 $3,329,663 $3,257,433 $3,391,535

Transfer Out $80,000 $0 $0 $0 $0 $0
Debt Service $1,282,830 $1,167,340 $1,473,425 $1,331,753 $1,331,753 $1,328,803

Project Expenses
Parks $209,088 $633,938 $421,162 $730,000 $1,336,507 $516,950
Recreation $11,663 $319,019 $181,364 $0 $120,231 $388,000
Aquatics $253,340 $187,013 $366,883 $0 $59,258 $0
Library $11,951 $0 $102,535 $0 $49,061 $32,000
Total Project Expenses $486,043 $1,139,970 $1,071,944 $730,000 $1,565,057 $936,950

OPERATING FUND BALANCE $11,821,076 $5,398,414 $8,925,366 $2,362,144 $2,937,109 $2,192,812

OTHER FUNDING SOURCES/USES
Bond Proceeds $0 $5,400,000 $0 $0 $0 $0
Less: Aquatics/Rec Center Imp $6,259,314 $1,254,824 $4,822,412 $0 $0 $0

ENDING FUND BALANCE $5,561,762 $9,543,590 $4,102,954 $2,362,144 $2,937,109 $2,192,812

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