Page 68 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

TRANSFERS AND USE OF UNAPPROPRIATED RESERVES

The 2019-20 Budget and the 2018-19 re-estimate include the transfer of reserves from the General Fund to the Capital Asset Replacement
Fund; these funds are designated for the purchase of major pieces of equipment in future years. The 2018-19 transfer was $250,000; the
2019-20 transfer is $250,000.

The 2018-19 re-estimate includes the transfer of $214,804 from General Fund reserves to the Animal Shelter Account of the Capital Projects
Fund for the completion of the shelter, and $500,000 for the construction of the Clearfork Emergency Access Bridge. The 2019-20 Budget
includes the transfer of $650,000 from General Fund reserves for the Clearfork Emergency Access Bridge.

The 2019-20 Budget reflected the establishment of a Wall Repair Fund to set aside General Fund reserves to finance building and repair of
subdivision walls. The source for the first-year of funding was $250,000 from unallocated General Fund reserves.

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