Page 113 - Mansfield 2019 Operating Budget
P. 113
CITY OF MANSFIELD, TEXAS
MANSFIELD ECONOMIC DEVELOPMENT CORPORATION
BUDGET SUMMARY
2018/2019
ACTUAL BUDGET BUDGET
2016/2017 2017/2018 2018/2019
Beginning Net Assets $ 8,197,324 $ 2,336,494 $ 3,871,029
Additions:
Sales Tax Revenue 3,009,710 3,438,775 3,404,515
Bond Proceeds - 4,000,000 -
Prior Year Funding - 73,048 -
Other Income 74,947 - -
Interest 25,728 2,000 2,000
Total 3,110,385 7,513,823 3,406,515
Assets Available 11,307,709 9,850,317 7,277,544
Deductions:
Administration 975,226 1,128,982 1,315,088
Transfer to other Funds 238,450 253,496 1,258,400
Land 5,106,793 - -
Project Appropriation 2,650,746 4,596,810 1,833,027
Total 8,971,215 5,979,288 4,406,515
Ending Net Assets $ 2,336,494 $ 3,871,029 $ 2,871,029
*Budget is Adopted and Final Budget.
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