Page 221 - City of Westlake FY20 Budget

E N T E R P R I S E F U N D S

Combined Program Summary
Fiscal Year 2019/2020
Adopted Estimated Adopted FY 19/20 Adopted
Actuals Budget Budget Budget vs
FY 17/18 FY 18/19 FY 18/19 FY 19/20 FY 18/19 Estimated
REVENUES & OTHER SOURCES
General Sales Tax $ - $ - $ - $ - $ - 0%
Property Tax - - - - - 0%
Hotel Tax - - - - - 0%
Charge for Services 5,522,635 4,585,075 4,588,050 5,336,812 748,762 16%
Beverage Tax - - - - - 0%
Franchise Fees - - - - - 0%
Permits & Fees Other - - - - - 0%
Permits & Fees Buildings - - - - - 0%
Permits & Fees Utility 306,066 274,441 229,241 255,841 26,600 12%
Fines & Forfeitures - - - - - 0%
Investment Earnings 58,410 57,765 60,900 60,900 - 0%
Contributions - - - - - 0%
Misc Income (3,172) 23,460 23,460 17,850 (5,610) -24%
Total Revenues 5,883,939 4,940,741 4,901,651 5,671,403 769,752 16%
Transfers In - - - - - 0%
Other Sources - 2,600,000 2,100,000 - (2,100,000) 100%
Total Other Sources - 2,600,000 2,100,000 - (2,100,000) 100%
TOTAL REVENUES & OTHER SOURCES $ 5,883,939 $ 7,540,741 $ 7,001,651 $ 5,671,403 $ (1,330,248) -19%
EXPENDITURES & OTHER USES
Payroll Salaries $ 19,698 $ - $ 9,195 $ 9,195 $ - 0%
Payroll Transfer Out - - - - - 0%
Total Payroll and Related 19,698 - 9,195 9,195 - 0%
1 Capital Outlay 27,228 31,055 31,055 31,055 - 0%
Debt Service 887,151 303,786 303,786 408,027 104,241 34%
Economic Development - - - - - 0%
Leases and Rentals - 500 500 1,500 1,000 200%
Payroll Transfer Out 456,849 559,024 547,472 522,424 (25,048) -5%
Rent & Utilities 117,659 177,544 177,544 179,721 2,177 1%
Repair & Maintenance 170,582 163,065 163,065 165,565 2,500 2%
Services 3,859,917 3,320,694 3,323,557 3,481,382 157,825 5%
Supplies 8,366 7,040 7,040 7,040 - 0%
Travel & Training 4,312 7,920 7,920 10,420 2,500 32%
Total Operations & Maintenance 5,532,064 4,570,629 4,561,940 4,807,134 245,194 5%
TOTAL OPERATING EXPENDITURES 5,551,762 4,570,629 4,571,135 4,816,329 245,194 5%
1 Capital Project Funds 907,166 1,711,840 1,996,332 - (1,996,332) -100%
## Maintenance & Replacement Funds - - - - - 0%
Total Capital 907,166 1,711,840 1,996,332 - (1,996,332) -100%
Transfers Out 77,716 81,539 81,539 82,225 686 1%
Other Uses - - - - - 0%
Total Other Uses 77,716 81,539 81,539 82,225 686 1%
TOTAL NON-OPERATING EXPENDITURES 984,883 1,793,379 2,077,871 82,225 (1,995,646) -96%
TOTAL EXPENDITURES & OTHER USES 6,536,644 6,364,008 6,649,006 4,898,554 (1,750,452) -26%
SUMMARY
Excess Revenus over(under) Expenditures (652,705) 1,176,733 352,645 772,849 420,204 -119%
Beginning Fund Balance (189,342) 432,719 (189,342) 2,115,385 2,304,727 -1217%
Prior Period Adjustment (TWDB) - - 1,952,082 - (1,952,082) -100%
RESTATED FUND BALANCE, BEGINNING (189,342) 432,719 1,762,740 2,115,385 352,645 20%
FUND BALANCE, ENDING (842,047) 1,609,452 2,115,385 2,888,234 772,849 37%
Restricted/Assigned/Committed Funds 1,330,335 1,311,169 1,315,654 1,313,640 (2,014) 0%
UNASSIGNED FUND BALANCE, ENDING $ (2,172,382) $ 298,283 $ 799,731 $ 1,574,594 $ 774,863 97%

RESTRICTED/ASSIGNED/COMMITTED FUNDS
Cemetery Fund $ 237,039 $ 237,039 $ 241,524 $ 239,510 $ (2,014) -1%
Hillwood 907,166 888,000 888,000 888,000 - 0%
Deposits 186,130 186,130 186,130 186,130 - 0%
- 0%
- 0%
TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS $ 1,330,335 $ 1,311,169 $ 1,315,654 $ 1,313,640 $ (2,014) 0%

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