Page 36 - Haltom City FY20 Approved Budget

City of Haltom City Annual Budget, FY 2020
Overview

WHERE THE MONEY GOES – BY EXPENDITURE TYPE

Actual EOY Estimated Budget Change from FY2019 to FY2020
Expenditure FY2018 FY2019 FY2020 Amount Percent
Personnel $23,422,758 $26,418,502 $28,614,371 $2,195,869 8%
Operations $22,743,270 $24,428,693 $25,312,254 $883,560 4%
Capital Outlay $12,080,828 $13,601,481 $20,104,453 $6,502,972 48%
Debt Service $11,362,562 $8,670,008 $8,423,822 ($246,186) -3%
Transfers $5,786,731 $5,928,688 $10,659,072 $4,730,384 80%
Total $75,396,149 $79,047,372 $93,113,972 $14,066,599 18%

Personnel – This includes salaries and benefits for all full time and part time employees. The
increase is due to a general 2.5% increase in salary and 6 added positions.

Operations - This includes supplies, maintenances, and contracts for the operations of the City.

Capital Outlay – Expenditures in capital project funds and capital purchases are capital outlays.
The increase is mainly due to new capital projects in parks, streets and water and sewer.

Debt Service – This includes both general government debt service and proprietary debt
service. The increase is due to new debt issues.

Transfers - The increase is due to the amounts transferred to cover debt service, Capital
Projects operations for Economic Development and related debt.

FY2020 Total Expenditure $93,113,972
$40
$28.61
$30 $25.31
$20.10
Millions $20 $8.42 $10.66

$10
$0
1
Personnel Operations Capital Outlay Debt Service Transfers

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