Page 120 - Haltom City FY20 Approved Budget

City of Haltom City Annual Budget, FY 2020
Capital Projects Funds

STREET RECONSTRUCTION FUND

The Street Reconstruction fund is to track revenues and expenditures devoted to street
construction, repair, mill and overlay and reconstruction projects. The Street
Reconstruction Fund receives 3/8 cents allocation of the City’s Sales Tax.

STREET RECONSTRUCTION FUND
BUDGET SUMMARY
Actual Adopted Projected Proposed
FUND 31 FY2018 FY2019 FY2019 FY2020

Fund Balance, Beginning $9,818,276 $11,758,681 $12,112,501 14,452,131

Revenues
Sales Tax 2,851,638 3,015,803 3,015,803 3,000,000
Interest Income 81,800 80,000 300,000 250,000
Bond Proceeds 1,000,000 1,383,000 1,411,933 0
Other Revenues 42,055 0 0 0
Total Revenues 3,975,493 4,478,803 4,727,736 3,250,000

Funds Available 13,793,769 16,237,484 16,840,236 17,702,131

Expenditures
Engineering 85,325 0 286,671 0
Street Reconstruction Projects 304,424 8,903,500 767,500 7,585,961
Utility Portion of Capital Projects 0 0 0 0
Mill & Overlay 352,200 400,000 400,000 30,000
Other Operating Cost 39,319 55,000 33,934 0
Transfer to General Fund - Streets 900,000 900,000 900,000 900,000
Total Expenditures 1,681,268 10,258,500 2,388,105 8,515,961

Fund Balance, Ending $12,112,501 $5,978,984 $14,452,131 9,186,169

Street Reconstruction Fund Expenditures
$12
$10
Millions $8
$6
$4
$2
$0
Actual 2018 Adopted 2019 Projected 2019 Proposed 2020

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