Page 76 - Forest Hill FY21 Annual Budget
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COMMUNITY DEVELOPMENT CORPORATION FUND (49)
Actual FY Estimate FY ADOPTED
2018-2019 2019-2020 2020-2021
Revenues
Charges for Services
Sales Tax 926,552 740,825 740,000
Donations
Interest Income 20,984 23,760 20,000
Miscellaneous
Total Revenue 947,536 764,585 760,000
Expenditu1·es
Personnel (432) 133,370
Materials/ minor equipment/ supplies 2,655 1,638 12,000
Contractual Services 7,509 3,780 65,000
Travel and training 1,015 2,432 33,000
Sub Total Expenditui·es $ 10,747 $ 7,850 $ 243,370
Other Financing Sources (Uses):
Transfer for Debt Service $ 169,253 $ 156,411 $ 170,630
Interfund transfers out $ 99,300 $ 91,667 $ 150,000
Subtotal Other Financing Sources $ 268,553 $ 248,078 $ 320,630
Total Expenditures $ 279,300 $ 255,928 $ 564,000
Net Increase (Decrease) in Fund Balance $ 668,236 $ 508,657 $ 196,000
Beginning Budgetary Fund Balance $ 1,232,964 $ 1,901,200 $ 2,409,857
Ending Budgetary Fund Balance $ 1,901,200 $ 2,409,857 $ 2,605,857
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