Page 16 - FY 2020-21 Budget Cover.pub

Expenses

Total expenses for the Utility Fund are projected at $8,432,923. The transfer to the General
Fund totals $668,968. Total operating expenses for FY 2020-21, excluding debt service, have
been proposed at $6,779,873. The fund has a projected ending working capital of $3,874,486.

Golf Course Fund

Revenues

Total revenue for FY 2020-21 is projected at $1,257,200. This amount is based on a projected
36,100 rounds of golf played. The above projected revenue does not include any funds derived
from gas leases at the golf course.

Expenses

Golf Course Fund expenses are projected at $1,236,403, which is a decrease of $292,756
(19.1%) below the FY 2019-20 budget. This decrease is mainly attributable to the completion of
the Pump Station Replacement Project during FY2019-20. There is no major project included
for the FY 2020-21 budget.

Stormwater Utility Fund

Stormwater revenue is projected at $491,000. In FY 2019-20, the stormwater rates were
increased from $3.50/mo. to $5.50/mo. Total available funds, including the projected beginning
fund balance of $256,209, are $747,209.

Expenses are projected at $399,701 including funds for debt service payments for an excavator.
A total of $88,283 is transferred to the General Fund to cover personnel costs.

Special Purpose Funds

Special Purpose Funds are used to account for resources associated with a specific purpose
and include the Street Maintenance Fund, Court Security Fund, Court Technology Fund,
Hotel/Motel Tax Fund, and the Cable PEG Fee Fund. Other Special Purpose Funds of the City
include the Crime Control and Prevention District Fund and the Municipal Development District
Fund. However, these budgets for these funds are prepared and adopted separately from this
budget.

Revenue in the Street Maintenance Fund is projected at $516,500. The projected revenue,
added to the projected beginning balance of $663,727 provides $1,180,227 for projects in the
coming year. Street Maintenance Fund expenditures are projected at $564,300 for the
reclamation of Poe St., Carpenter St., Cresthaven Ct., Shady Ln., School St., and Astoria Ave.
The ending balance in the Street Maintenance Fund is projected to be $615,927.

Revenues in the Court Security Fund are estimated for the year at $9,800. Expenditures are
projected at $7,500 to cover overtime pay for officers who act as bailiff during court
proceedings.

Court Technology Fund revenue is projected at $10,200. Expenditures are projected at $6,110
for court-related computer system fees.

City of Azle FY 2020-2021 Budget 6