Page 96 - City of Westlake FY20 Budget

ALL FUNDS - ALL SOURCES and USES

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 $ 6,003,605 $ 5,600,000 $ 7,800,000 7,250,000 (550,000) -7%
Property Tax 1,626,698 1,990,235 2,032,786 2,301,137 268,351 13%
Charge for Services 5,522,635 4,585,075 4,588,050 5,336,812 748,762 16%
Hotel Tax 849,166 853,642 853,914 853,684 (230) 0%
Beverage Tax 62,347 62,500 62,500 62,500 - 0%
Franchise Fees 779,506 983,815 831,095 316,924 (514,171) -62%
Permits & Fees Other 374,898 269,303 256,985 203,235 (53,750) -21%
Permits & Fees Buildings 1,940,036 4,357,571 5,383,495 2,635,325 (2,748,170) -51%
Permits & Fees Utility 306,066 274,441 229,241 255,841 26,600 12%
Fines & Forfeitures 633,318 715,545 548,111 547,426 (685) 0%
Investment Earnings 416,557 340,261 599,152 599,152 - 0%
Contributions 492,181 206,540 1,407,234 280,000 (1,127,234) -80%
Misc Income 213,848 135,832 139,827 48,562 (91,265) -65%
Total Revenues 19,220,860 20,374,760 24,732,390 20,690,598 (4,041,792) -16%
Transfers In 4,378,897 5,137,805 5,818,805 3,705,444 (2,113,361) -36%
Other Sources (200) 5,987,134 2,100,000 - (2,100,000) 100%
Total Other Sources 4,378,697 11,124,939 7,918,805 3,705,444 (4,213,361) -53%
GF Academic Revenues 8,648,202 8,847,829 8,923,313 9,717,933 794,620 9%
GF Academic Other Sources 85,000 76,000 90,000 90,000 - 0%
Total Academic 8,733,202 8,923,829 9,013,313 9,807,933 794,620 9%
TOTAL REVENUES & OTHER SOURCES $ 32,332,759 $ 40,423,528 $ 41,664,509 $ 34,203,975 $ (7,460,534) -18%

EXPENDITURES & OTHER USES

Payroll Salaries $ 3,642,314 $ 3,994,572 $ 4,124,735 4,436,293 311,559 8%
Payroll Transfer Out 1,029,924 1,114,192 1,158,443 1,087,303 (71,140) -6%
Payroll Transfer In (1,029,640) (1,114,192) (1,158,443) (1,087,303) 71,140 -6%
Payroll Insurance 584,422 780,269 646,858 794,092 147,234 23%

Payroll Taxes 308,470 348,989 365,140 401,251 36,111 10%

Payroll Retirement 510,676 486,093 541,961 537,424 (4,536) -1%
Total Payroll and Related 5,046,168 5,609,923 5,678,693 6,169,061 490,367 9%

Capital Outlay 52,527 66,765 62,525 126,735 64,210 103%
Debt Service 3,926,942 3,345,456 3,255,262 3,358,537 103,275 3%
Economic Development 469,851 336,940 336,982 36,982 (300,000) -89%
Leases and Rentals 36,384 35,174 36,845 38,259 1,414 4%

Public Notices 38,282 48,377 47,477 47,477 - 0%
Rent & Utilities 740,377 1,019,069 1,024,069 1,032,852 8,783 1%

Repair & Maintenance 413,445 442,813 428,891 566,681 137,790 32%
Services 6,272,676 5,763,978 6,091,649 6,315,264 223,615 4%
Supplies 202,207 265,275 284,236 266,856 (17,380) -6%
Travel & Training 163,462 223,403 236,738 252,904 16,166 7%

Transfers Out Operating 911,268 1,005,901 455,901 175,989 (279,912) -61%
Total Operations & Maintenance 13,227,420 12,553,150 12,260,575 12,218,536 (42,039) 0%

TOTAL OPERATING EXPENDITURES 18,273,587 18,163,073 17,939,268 18,387,596 448,328 2%
Capital Project Funds 9,345,922 6,388,521 5,007,060 2,385,749 (2,621,311) -52%
Maintenance & Replacement Funds 416,583 1,079,475 1,340,869 932,438 (408,431) -30%
Total Capital 9,762,506 7,467,996 6,347,929 3,318,187 (3,029,742) -48%
Transfers Out 3,467,629 4,131,904 5,362,904 3,529,455 (1,833,449) -34%
Other Uses - - - - - 0%
Total Other Uses 3,467,629 4,131,904 5,362,904 3,529,455 (1,833,449) -34%
GF Academic Expenditures 8,481,868 8,710,132 8,775,132 9,572,502 797,370 9%
GF Academic Other Uses 85,000 76,000 90,000 90,000 - 0%
Total Academic 8,566,868 8,786,132 8,865,132 9,662,502 797,370 9%
TOTAL NON-OPERATING EXPENDITURES 21,797,002 20,386,032 20,575,965 16,510,144 (4,065,821) -20%
TOTAL EXPENDITURES AND OTHER SOURCES $ 40,070,590 $ 38,549,106 $ 38,515,234 $ 34,897,740 $ (3,617,493) -9%
SUMMARY
Excess Revenus over(under) Expenditures (7,737,831) 1,874,422 3,149,278 (693,765) (3,843,041) 122%

Beginning Fund Balance (Municipal) 28,382,162 20,075,756 19,453,696 24,417,301 4,963,605 26%
Prior Period Adjustment (TWDB) - - 1,952,082 - (1,952,082) -100%
Beginning Fund Balance (Academic) 939,271 1,105,605 1,105,605 1,253,786 148,181 13%

FUND BALANCE, BEGINNING 29,321,433 21,181,361 22,511,383 25,671,087 5,111,786 -23%
FUND BALANCE, ENDING $ 21,583,602 $ 23,055,784 $ 25,660,662 $ 24,977,319 $ 1,268,745 5%

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