Page 133 - Haltom City FY20 Approved Budget

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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