Page 133 - 2019 Budget Detail.xlsx

CITY OF RICHLAND HILLS

FUND DEPARTMENT DIVISION
026 RH EDC 38/39 RH ECONOMIC DEVELOPMENT CORP 38/39-RH EDC

DETAIL
ACCOUNT 2016 2017 2018 2019
NUMBER DESCRIPTION ACTUAL ACTUAL ADOPTED PROPOSED % CHANGE
026-41034-38-00 INVESTMENT INCOME $ (189) $ (479) $ (110) $ (110) 0.0%

026-43001-38-00 4b SALES TAX REVENUE (372,315) (389,806) (387,500) (393,750) 1.6%
Comment: slight increase
Sales tax is projected to be fairly flat this coming year.
TOTAL REVENUE $ (372,504) $ (390,285) $ (387,610) $ (393,860) 1.6%

026-51010-39-00 SALARIES & WAGES $ - $ - $ - $ 42,420

1 Longevity
2 (1) Assistant City Manager (25%)
3 (1) Development Manager (25%)

026-51040-39-00 F.I.C.A. - - - 3,246
026-51050-39-00 UNEMPLOYMENT INSURANCE - - - 82

026-51070-39-00 T.M.R.S. - - - 6,908
026-51080-39-00 HEALTH INSURANCE - - - 3,950

026-51170-39-00 ENG./CONSULT FEES 200,917 - - -

026-53060-39-00 MEMBERSHIPS - 2,855 - -
026-53070-39-00 SUBSCRIPTIONS/PUBLICATION 2,473 3,696 2,755 5,000 81.5%
Comment: Supplement - Costar
Xcelligent went out of business. staff will consider CoStar for listing
services.

026-53073-39-00 SPECIAL EVENTS - - 3,000 1,500 -50.0%
026-53080-39-00 TRAVEL & TRAINING - 10 - 595

026-53090-39-00 PROMOTIONS/RETENTION 87,244 4,386 15,000 15,000 0.0%
026-53095-39-00 ECON DEV ADV BOARD 971 - - -

026-57010-39-00 TRANSFER TO GENERAL - 30,000 43,995 - -100.0%

026-57030-39-00 TRANSFER TO DEBT SERVICE 136,305 - 229,213 - -100.0%
026-57031-39-00 PAYMENT OF PRINCIPAL - 80,000 - 125,000
2016 Certificate of Obligation Bonds

026-57040-39-00 PAYMENT OF INTEREST - 148,058 - 106,813
2016 Certificate of Obligation Bonds

026-57045-39-00 TRANSFERS TO OTHER FUNDS - 340,000 - -
TOTAL EXPENDITURES $ 427,910 $ 609,005 $ 293,963 $ 310,514 5.6%

TOTAL RH DEV. CORP. $ 55,407 $ 218,719 $ (93,647) $ (83,346) -11.0%

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