Page 276 - City of Westlake FY20 Budget

Economic Development Fund 210

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 $ 422,441 $ 300,000 $ 300,000 $ - $ (300,000) -100%
Property Tax - - - - - 0%
Charge for Service - - - - - 0%
Hotel Occupancy Tax 47,411 36,940 36,982 36,982 - 0%
Beverage Tax - - - - - 0%
Franchise Fees - - - - - 0%
Permits & Fees Other - - - - - 0%
Permits & Fees Building - - - - - 0%
Permits & Fees Utility - - - - - 0%
Fines & Forfeitures - - - - - 0%
Investment Earnings - - - - - 0%
Contributions 200,000 164,300 164,300 280,000 115,700 70%
Misc Income - - - - - 0%
Total Revenues 669,852 501,240 501,282 316,982 (184,300) -37%
Transfers In - - - - - 0%
Other Sources - - - - - 0%
Total Other Sources - - - - - 0%
TOTAL REVENUES & OTHER SOURCES $ 669,852 $ 501,240 $ 501,282 $ 316,982 $ (184,300) -37%
EXPENDITURES & OTHER USES
Payroll Salaries $ - $ - $ - $ - $ - 0%
Payroll Transfers In - - - - - 0%
Total Payroll and Related - - - - - 0%
Debt - - - - - 0%
Economic Development 469,851 336,940 336,982 36,982 (300,000) -89%
Insurance - - - - - 0%
Payroll Transfers Out - - - - - 0%
Repair & Maintenance - - - - - 0%
Rent & Utilities - - - - - 0%
Services - - - - - 0%
Supplies - - - - - 0%
Water Purchases - - - - - 0%
Total Operations & Maintenance 469,851 336,940 336,982 36,982 (300,000) -89%
TOTAL OPERATING EXPENDITURES 469,851 336,940 336,982 36,982 (300,000) -89%
Capital Project Funds - - - - - 0%
Capital Outlay - - - - - 0%
Maintenance & Replacment Funds - - - - - 0%
Total Capital and M&R Projects - - - - - 0%
Transfers Out 200,000 164,300 164,300 280,000 115,700 70%
Other Sources - - - - - 0%
Total Other Uses 200,000 164,300 164,300 280,000 115,700 70%
TOTAL NON-OPERATING EXPENDITURES 200,000 164,300 164,300 280,000 115,700 70%
TOTAL EXPENDITURES & OTHER USES 669,851 501,240 501,282 316,982 (184,300) -37%

SUMMARY
Excess Revenues over(under) Expenditures - - - - - 0%

FUND BALANCE, BEGINNING - - - - - 0%
FUND BALANCE, ENDING - - - - - 0%
Restricted/Assigned/Committed Funds - - - - - 0%
UNASSIGNED FUND BALANCE, ENDING $ - $ - $ - $ - $ - 0%
RESTRICTED/ASSIGNED/COMMITED FUNDS
Cash 210 10110 00 000 $ - $ - $ - $ - $ - 0%

TOTAL RESTRICTED/ASSIGNED/COMMITTED FUNDS $ - $ - $ - $ - $ - 0%

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