Page 46 - NRH FY20 Approved Budget

BUDGET OVERVIEW

to fall short of the original budget projections.

Adopted revenues related to Licenses and Permits are overall up in the 2018/2019 Revised
Budget by $278,873 or 12.65% above the adopted budget. The majority of this increase is due
to increases in development revenues as a result of increases in both commercial and residential
development over the year.

Revenue accumulated from Charges for Service is expected to decrease by ($119,203) or
(4.85%). The bulk of this shortfall is related to a decrease in Athletic Revenues and Ambulance
Fees. Athletic Revenues are forecasted down ($38,593) due to a decrease in the number of
softball team leagues expected this summer and fall seasons as compared to budget and the
loss of spring kickball. Ambulance fees are forecasted to be down ($63,375) from the FY 2018/19
Adopted Budget. Ambulance transports are up this fiscal year however revenues are expected
to fall short from original budget expectations.

Intergovernmental revenues are overall reflected down in the FY 2018/2019 Revised Budget from
the adopted budget by ($175,087) or (3.17%) due to the elimination of the indirect cost charged
to NRH20.

Miscellaneous Revenues are projected to increase over the FY 2018/2019 Adopted Budget by
$140,188 or 5.9%. The bulk of this increase is related to new revenues from Fort Worth and
BISD for public safety and an increase in interest income based on this year’s performance in
city investments.

Appropriation of Fund Balance is projected to increase by $188,720 over the FY 2018/2019
Adopted Budget. The majority of the increase is related to prior year encumbrances that were
rolled into the current fiscal year in the amount of $185,284.

Expenditure Overview

Overall, the FY 2018/2019 Revised Budget is expected to exceed the FY 2018/19 Adopted
Budget in expenditures by $16,009. The revision includes a decrease in current year
expenditures of ($169,275) and an increase of $185,284 for the annual encumbrance.

Overall, the Departmental budgets decreased by ($106,241) due to decreases in Parks and
Fire and savings related to vacant positions. Outside of these reductions, there are several
departments with revisions for additional needs identified during the fiscal year. In addition, an
increase of $185,284 was included for the annual encumbrance roll. The majority of
departments reflect variances again this fiscal year due to internal transfers between
departments related to the transfer of vacancy savings and the annual sick leave incentive.
True significant revisions to the FY 2018/19 Revised Budget include the following:

Planning & Inspections included a revision of $5,000 for overtime expense based on the
additional need for overtime this year to cover the workloads for building inspectors.

Parks & Recreation included reductions of ($29,070) in expenses related to the softball
leagues based on the anticipated participation level this fiscal year.

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