Page 93 - NRH FY20 Approved Budget

CHANGES IN FUND BALANCE SUMMARY

The City of North Richland Hills has a policy of maintaining within the General Fund a minimum unassigned fund
balance to operate the City for a period of 60 days or 15% of the following year’s appropriated budget
expenditures. The policy was established to protect the City from unexpected emergencies and provide
resources during times when the economy underperforms.

The Fund Balance Summary shown on the previous page illustrates an audited beginning fund balance as of
September 30, 2018 for all appropriated funds. The summary also shows estimated changes (increases or
decreases) occurring during FY 2018/19 and estimated for FY 2019/20 with a budget ending balance shown for
the upcoming year for each fund.

Following is a summary of changes occurring from FY 2018/19 to FY 2019/20.

General Fund (Unreserved/Undesignated)
FY 2018/19 FY 2019/20
There is an appropriation of fund balance of $185,284 A positive operating balance of $18,264 is planned
for prior year encumbrances. A positive operating to be added to reserves.
balance of $6,066 is planned to be added to reserves.

General Fund Designated for Municipal Court Technology & Security
FY 2018/19 FY 2019/20
A draw down of $3,436 is planned for Municipal Court A draw down of $59,800 is planned for the
Technology related training. maintenance of court technology software (Incode
and Brazos software) and for the purchase of
laptops for court staff.

General Fund Designated for Franchise Peg Fees
FY 2018/19 FY 2019/20
An additional $131,669 is projected to be added to the $45,000 is planned to be drawn down from PEG
funds reserves to match 100% of the expected receipts fees for the replacement of the City Council
in FY 2018/19. Workroom microphone system. An additional
$130,420 is projected to be added to the funds
reserves to match 100% of the expected receipts in
FY 2019/20.

General Fund Designated for Record Preservation Fee
FY 2018/19 FY 2019/20
No change. No change.

General Debt Service Fund
FY 2018/19 FY 2019/20
An addition to reserves of $109,440 is anticipated No change.
based on estimated debt expenses in FY 2019/20.

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