Page 117 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 SPECIAL REVENUE FUNDS

PARK DEDICATION FUND

This City has a Park Dedication Ordinance which requires developers of any residential property in
the City to either dedicate park land or pay cash in lieu of land dedication. Money received must
be used for park development and park improvements.

PARK DEDICATION FUND
BUDGET SUMMARY

Actual Adopted Projected Adopted
FUND 25 FY2019 FY2020 FY2020 FY2021

Fund Balance, Beginning $182,598 $120,273 $169,321 147,895

Revenues
Developer Contributions 250 0 43,150 0
Interest Income 4,484 3,500 4,500 3,500
Total Revenues 4,734 3,500 47,650 3,500

Funds Available 187,332 123,773 216,971 151,395

Expenditures
Operations Expenditures 18,012 121,750 69,076 151,394
Total Expenditures 18,012 121,750 69,076 151,394

Fund Balance, Ending $169,321 $2,023 $147,895 (0)

Park Dedication Fund Ending Fund Balance

$200,000

$150,000

$100,000

$50,000

$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

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