Page 133 - Haltom City FY20 Approved Budget
P. 133

City of Haltom City Annual Budget, FY 2020


                                                                                   Proprietary Funds




                                                      DRAINAGE FUND
                                                    BUDGET SUMMARY
                                                          Actual      Adopted       Projected     Proposed
                FUND  45                                 FY2018        FY2019        FY2019        FY2020

                Cash & Investments, Beginning              $896,324      $663,135      $988,798       924,819

                Revenues
                    Drainage Fee Revenues                 1,816,831     1,800,000     1,800,000     1,820,000
                    Penalty Revenues                         13,648        30,000            0             0
                    Interest Income                           6,829        10,000        34,500        25,000
                       Total Revenues                     1,837,308     1,840,000     1,834,500      1,845,000

                Cash  &  Investments  Available           2,733,632     2,503,135     2,823,298     2,769,819

                Expenses
                    Drainage Maintenance                    394,602       911,789       856,142       641,444
                    Debt Service                            275,133       286,580       286,580       285,238
                    Non Departmental                        586,123       713,620       633,494       729,520
                    Billing Fee to Water Fund                35,200        35,200        32,263        35,200
                    Transfer to General Fund                120,000       120,000       120,000       120,000
                    Transfer to Drainage Capital Project Fund  600,000    250,000       250,000       905,000
                       Total Expenses                     2,011,058     2,317,189     2,178,479      2,716,402

                Non-cash adjustments:
                    Depreciation/Amortization/Other        $266,225      $280,000      $280,000       280,000

                Cash  &  Investments,  Ending              $988,798      $465,946      $924,819       333,417

                    Increase in Cash & Investments          $92,474     ($197,189)     ($63,979)     (591,402)

                Ending Cash & Investments as a % of            49%           20%           42%           12%
                     Total  Expenses (City Policy is 20%)





                                           Drainage Fund Ending Cash and Investments

                    $1,250,000
                    $1,000,000
                      $750,000

                      $500,000
                      $250,000
                          $0
                                   Actual 2018       Adopted 2019       Projected 2019     Proposed 2020










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