Page 94 - Hurst FY20 Approved Budget

CITY OF HURST
SUMMARY OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES
FISCAL YEAR 2019-2020

DEBT SERVICE FUND & SPECIAL
REVENUE FUNDS CAPITAL PROJECTS FUND

Street & Operating & Capital
Debt Service Hotel/ Motel Special Projects GO Infrastructure Drainage Bond Water & Sewer Other Funding Project Bond Funds
Park Donation
Fund Fund Fund Fund Bonds Funds Bond Funds Sources TOTAL
Beginning Balance 10/01/19 $650,000 $1,735,025 $245,928 $15,767,803 $0 $4,969,483 $177,351 $1,831,000 $68,718,516
REVENUES
Taxes 4,065,428 668,648 $41,333,854
Licenses and Permits $816,000
Charges for Services $2,081,922
Storm Water Mgmt. Fees $1,090,000
Water Sales $13,221,382
Sewer Sales $8,139,222
Fines $1,735,675
Miscellaneous (195,000) 85,000 75,000 7,000,000 10,000 $7,832,735
Intergovernmental/Grants $706,790
Intragovernmental 1,000,000 $11,183,779
Conference Center Sales $2,567,000
Total Revenues 3,870,428 668,648 85,000 1,075,000 7,000,000 10,000 0 $90,709,459
Total Available Resources 4,520,428 2,403,673 330,928 16,842,803 7,000,000 4,979,483 177,351 1,831,000 $159,427,975
EXPENDITURES
Public Services $1,244,433
Administration 200,000 3,724,016 $7,031,228
Non-Departmental $2,823,538
General Services $3,203,810
Human Resources $410,118
Fiscal Services $1,082,170
Police 2,219,549 7,000,000 $26,399,604
Fire 290,000 $8,943,665
Public Works 454,742 600,000 $23,657,251
Community Services 56,500 631,496 260,000 $12,634,020
Fleet Services $2,458,579
Information Services 313,000 60,000 $2,772,700
Capital Improvements 175,000 743,104 $2,045,994
Less Depreciation
Debt Service 3,860,410 364,100 $6,982,260
Total Expenditures 3,860,410 620,600 175,000 7,342,803 7,000,000 743,104 0 1,210,000 $98,816,678
ENDING BALANCE 660,018 1,783,073 155,928 9,500,000 0 4,236,379 177,351 621,000 $60,611,297
Designated/Reserved 660,018 930,000 8,000,000 7,000,000 4,236,379 177,351 621,000 $44,345,373
Undesignated 853,073 155,928 1,500,000 $23,265,924
Total Fund Balance 9/30/20 $660,018 $1,783,073 $155,928 $9,500,000 $7,000,000 $4,236,379 $177,351 $621,000 $67,611,297
Change in Fund Balance 2018-2019 $10,018 $48,048 ($90,000) ($6,267,803) $7,000,000 ($733,104) $0 ($1,210,000) ($1,107,219)
to 2019-2020
The use of $60,611,297 in appropriable funds will decrease the beginning Fund Balances/Retained Earnings to $44,345,373 at the end of fiscal year 2019-2020, of which $23,265,924 are undesignated reserve funds. The table
on the following page indicates the reason for projected changes in all fund balances of a total of ($1,107,219).

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