Page 48 - Haltom City FY20 Approved Budget

City of Haltom City Annual Budget, FY 2020
General Fund

GENERAL FUND
BUDGET SUMMARY
Actual Adopted Projected Proposed
FUND 01 FY2018 FY2019 FY2019 FY2020
Fund Balance, Beginning $6,468,279 $8,299,073 $8,665,169 8,209,386
Revenues
Property Taxes 9,326,617 9,085,555 9,471,150 10,074,387
Sales & Other Taxes 10,415,678 10,128,213 10,346,000 10,548,600
Franchise Fees 4,012,742 4,052,000 3,897,608 4,152,000
Licenses & Permits 767,641 695,400 822,472 723,900
Charges For Services 1,717,171 1,677,610 1,628,058 1,796,500
Fines and Fees 1,090,361 1,275,400 985,175 942,525
Other Revenues 877,586 592,203 796,012 608,534
Transfers 1,568,200 2,268,200 2,268,200 2,550,200
Total Revenues 29,775,996 29,774,581 30,214,675 31,396,646
Funds Available 36,244,275 38,073,654 38,879,844 39,606,032
Expenditures
City Manager's Office 535,278 527,874 513,108 576,045
City Secretary 254,634 220,516 244,723 229,005
City Council 28,684 21,300 27,527 19,680
Finance 600,555 629,676 626,588 647,894
Human Resources 519,547 609,803 558,749 642,619
Planning & Community Development 554,603 632,577 598,651 656,752
Information Technology 726,765 721,002 753,550 878,833
Fleet Services 458,886 577,964 731,101 1,083,853
Building Maintenance 529,320 925,567 507,936 1,228,572
Police 9,472,813 10,230,837 9,752,247 10,342,599
Fire 6,521,964 7,496,710 7,344,303 7,446,905
Municipal Court 523,005 586,291 565,244 623,464
Street & Drainage 1,118,386 1,214,235 1,196,418 1,375,722
Parks & Recreation 1,823,996 2,120,288 2,088,965 2,163,857
Library 1,149,242 1,203,098 1,164,361 1,246,718
Non-Departmental 1,989,204 2,464,334 1,933,988 2,417,466
Transfers 772,225 1,853,000 1,852,999 650,000
Total Expenditures 27,579,107 32,035,072 30,460,458 32,229,984
ANNUAL SURPLUS / (DEFICIT) 2,196,889 (2,260,491) (245,783) (833,338)
Fund Balance, Ending $8,665,169 $6,038,583 $8,419,386 7,376,047
FUND BALANCE BREAKDOWN
Ending Fund Balance $8,665,169 $6,038,583 $8,419,386 7,376,047
Reserved for Encumbrances/Inventory (210,000) (210,000) (210,000) (210,000)
Unreserved Fund Balance $8,455,169 $5,828,583 $8,209,386 7,166,047
Reserve Policy is 20% of Expenditures $5,515,821 $6,407,014 $6,092,092 6,445,997
Amount over (under) Reserve Policy $2,939,347 ($578,432) $2,117,29 4 7 2 0 , 0 5 0
% of Total Expenditures 31% 18% 27% 22%

General Fund - Unreserved Ending Fund Balance
$12,000,000
$10,000,000
$8,000,000
$6,000,000

$4,000,000
$2,000,000
$0
Actual 2018 Adopted 2019 Projected 2019 Proposed 2020

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