Page 130 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 CAPITAL PROJECT FUNDS

STREET RECONSTRUCTION FUND

The Street Reconstruction fund is to track revenues and expenditures devoted to street construction, repair,
mill and overlay and reconstruction projects. The Street Reconstruction Fund receives 3/8 cents allocation
of the City’s Sales Tax.

STREET RECONSTRUCTION FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 31 FY2019 FY2020 FY2020 FY2021

Fund Balance, Beginning $12,112,500 $14,452,131 $14,541,400 11,826,230

Revenues
Sales Tax 2,895,291 3,000,000 2,769,300 2,720,057
Interest Income 322,686 250,000 250,000 275,000
Bond Proceeds 1,411,933 0 0 5,250,000
Other Revenues 0 0 0 0
Total Revenues 4,629,910 3,250,000 3,019,300 8,245,057

Funds Available 16,742,410 17,702,131 17,560,700 20,071,287

Expenditures
Engineering 303,507 0 50,477 0
Street Reconstruction Projects 366,606 7,585,961 4,350,059 6,065,000
Utility Portion of Capital Projects 0 0 0 0
Mill & Overlay 597,165 30,000 400,000 400,000
Other Operating Cost 33,733 0 33,934 95,000
Transfer to General Fund - Streets 900,000 900,000 900,000 900,000
Total Expenditures 2,201,010 8,515,961 5,734,470 7,460,000

Fund Balance, Ending $14,541,400 $9,186,170 $11,826,230 12,611,287

Street Reconstruction Fund Expenditures

$10
$8
Millions $6

$4
$2
$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

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