Page 112 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 SPECIAL REVENUE FUNDS

PEG FUND

PEG stands for Public, Education and Government. This fund was established in Fiscal Year
2014 to segregate the portion of the cable franchise fee that must be used to support the City’s
government access channel.

PEG FUND
BUDGET SUMMARY

Actual Adopted Projected Adopted
FUND 20 FY2019 FY2020 FY2020 FY2021

Fund Balance, Beginning $301,818 $319,176 $349,350 393,650

Revenues
Public Education and Government Fee 67,614 60,000 44,000 50,000
Interest Income 8,055 6,000 7,300 6,000
Total Revenues 75,669 66,000 51,300 56,000

Funds Available 377,487 385,176 400,650 449,650

Expenditures
Operations Expenditures 28,137 0 7,000 5,000
Total Expenditures 28,137 0 7,000 5,000

Fund Balance, Ending $349,350 $385,176 $393,650 444,650

PEG Fund Ending Fund Balance

$500,000
$400,000

$300,000
$200,000

$100,000
$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

112