Page 268 - City of Westlake FY20 Budget

Visitor Association Fund 220

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%
Charge for Service - - - - - 0%
Hotel Occupancy Tax 801,756 816,702 816,932 816,702 (230) 0%
Beverage Tax - - - - - 0%
Franchise Fees - - - - - 0%
Permits & Fees Other - - - - - 0%
Permits & Fees Building - - - - - 0%
Permits & Fees Utility - - - - - 0%
Fines & Forfeitures - - - - - 0%
Investment Earnings 19,104 14,606 14,606 14,606 - 0%
Contributions - - - - - 0%
Misc Income 10,383 12,587 22,192 4,112 (18,080) -81%
Total Revenues 831,242 843,895 853,730 835,420 (18,310) -2%
Transfers In - - - - - 0%
Other Sources - - - - - 0%
Total Other Sources - - - - - 0%
TOTAL REVENUES & OTHER SOURCES $ 831,242 $ 843,895 $ 853,730 $ 835,420 $ (18,310) -2%
EXPENDITURES & OTHER USES
Payroll Salaries $ - $ - $ - $ - $ - 0%
Payroll Transfers In - - - - - 0%
Total Payroll and Related - - - - - 0%
Debt - - - - - 0%
Economic Development - - - - - 0%
Notices 22,064 20,615 20,615 20,615 - 0%
Payroll Transfers Out 518,510 555,167 610,971 564,879 (46,092) -8%
Repair & Maintenance - - - - - 0%
Rent & Utilities 50,013 80,614 80,614 82,791 2,177 3%
Services 267,251 308,901 315,466 268,625 (46,841) -15%
Supplies 11,582 11,762 12,262 11,762 (500) -4%
Travel & Training 5,899 5,919 7,294 7,294 - 0%
Total Operations & Maintenance 875,319 982,978 1,047,222 955,966 (91,256) -9%
TOTAL OPERATING EXPENDITURES 875,319 982,978 1,047,222 955,966 (91,256) -9%
Capital Project Funds - - - - - 0%
Capital Outlay - - - - - 0%
Maintenance & Replacment Funds - - - - - 0%
Total Capital and M&R Projects - - - - - 0%
Transfers Out - - - - - 0%
Other Sources - - - - - 0%
Total Other Uses - - - - - 0%
TOTAL NON-OPERATING EXPENDITURES - - - - - 0%
TOTAL EXPENDITURES & OTHER USES 875,319 982,978 1,047,222 955,966 (91,256) -9%
SUMMARY
Excess Revenues over(under) Expenditures (44,077) (139,083) (193,492) (120,546) 72,946 38%
FUND BALANCE, BEGINNING 799,168 755,091 755,091 561,599 (193,492) -26%
FUND BALANCE, ENDING 755,091 616,008 561,599 441,053 (120,546) -21%
Restricted/Assigned/Committed Funds 755,091 616,008 561,599 441,053 (120,546) -21%
UNASSIGNED FUND BALANCE, ENDING $ - $ - $ - $ - $ - 0%

RESTRICTED/ASSIGNED/COMMITED FUNDS
Cash 220 10110 00 000 $ 755,091 $ 616,008 $ 561,599 $ 441,053 $ (120,546) -21%

TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS $ 755,091 $ 616,008 $ 561,599 $ 441,053 $ (120,546) -21%

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