Page 96 - Forest Hill FY21 Annual Budget
P. 96
STREET IMPROVEMENT FUND (52)
Actual FY Estimate FY ADOPTED
2018-2019 2019-2020 2020-2021
Revenues
Sales Tax 497,937 340,500 350,000
Interest Income 11,064 11,200 10,000
Total Revenue 509,001 351,700 360,000
Other Financing Sources
Interfund transfer in $ 250,000 $ 250,000 $ 250,000
Subtotal Other Financing Sources $ 250,000 $ 250,000 $ 250,000
Total Expenditures $ 759,001 $ 601,700 $ 610,000
Expenditures
Personnel
Materials/ minor equipment/ supplies
Contractual Services 691,91 I 341,880 474,000
Travel and training
Total Expenditures $ 691,911 $ 341,880 $ 474,000
Other Financing Uses:
Transfer for Debt Service
lnterfund transfers out $ 82,860 $ 78,000 $ 85,000
Subtotal Other Financing Sources $ 82,860 $ 78,000 $ 85,000
Total Appropriation: $ 774,771 $ 419,880 $ 559,000
Net Increase (Decrease) in Fund Balance $ (265,770) $ (68,180) $ (199,000)
Beginning Budgetary Fund Balance $ 1,049,804 $ 784,034 $ 715,854
Ending Budgetary Fund Balance $ 784,034 $ 715,854 $ 516,854
Page 96
