Page 37 - Haltom City FY20 Approved Budget

City of Haltom City Annual Budget, FY 2020
Overview

WHERE THE MONEY GOES – BY FUND TYPE

Actual EOY Estimated Budget Change from FY2019 to FY2020
Expenditure FY2018 FY2019 FY2020 Amount Percent
General Fund $27,579,106 $30,460,458 $32,229,984 $1,769,526 6%
Debt Service Fund $5,234,332 $6,005,953 $6,192,254 $186,301 3%
Special Revenue Fund $2,887,763 $3,651,000 $3,656,161 $5,161 0%
Capital Project Fund $11,887,923 $14,033,406 $19,338,203 $5,304,797 38%
Water and Sewer Fund $25,869,948 $22,718,074 $28,980,968 $6,262,894 28%
Drainage Fund $1,937,077 $2,178,479 $2,716,402 $537,923 25%
Total $75,396,149 $79,047,370 $93,113,972 $14,066,602 18%

General Fund is the general operating fund of the City. It provides a broad spectrum of programs
and services such as police, fire, parks and recreation, public works and administrative services.

Debt Service Fund expenditures represent payments of principal, interest and debt service-
related expenditures of general government debts.

Special Revenue Funds are used to account for revenue sources that are legally restricted to be
spent for specified purposes.

Capital Project Funds are used to account for all capital projects and major capital purchases.
The significant changes from year to year are due to various capital construction projects and
purchase of capital assets budgeted for each individual year.

Water and Sewer Fund provides water and sewer services to the City. Increase in expenses are
due to cost of providing services and transfers to water and sewer capital projects.

Drainage Fund is for recording revenues and expenses related to watershed and storm drainage
improvements. Increase in expenses is mainly due to transfers for drainage capital projects.

FY2020 Total Expenditures $93,113,972
$32.23
$28.98

$19.34

$6.19
$3.66 $2.72

General Debt Service Special Revenue Capital Project Water and Sewe r D r a i n a g e

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