Page 135 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 CAPITAL PROJECT FUNDS

WATER AND SEWER IMPACT FEES FUND

Developers are required to pay a fee for each new residential or commercial construction site. These fees
are dedicated to fund improvements that must be made as a result of the additional demand placed on the
water and sewer system that is caused by the new development.

WATER AND SEWER IMPACT FEES FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 44 FY2019 FY2020 FY2020 FY2021

Cash & Investments, Beginning $1,480,080 $1,404,191 $1,759,961 2,087,876

Revenues
Water Impact Fees 121,716 120,000 150,857 175,000
Sewer Impact Fees 143,485 120,000 217,058 225,000
Interest Income 34,024 30,000 35,000 35,000
299,225 270,000 402,915 435,000

Funds Available 1,779,305 1,674,191 2,162,876 2,522,876

Expenses
Impact Fee Study 19,344 0 75,000 417,932
Others 0 0 0 0
Total Expenses 19,344 0 75,000 417,932

Adjustments

Cash & Investments, Ending $1,759,961 $1,674,191 $2,087,876 2,104,944

Water and Sewer Impact Fees Fund Expenses

$300,000

$200,000

$100,000

$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

135