Page 144 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 PROPRIETARY FUNDS

DRAINAGE FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 45 FY2019 FY2020 FY2020 FY2021

Cash & Investments, Beginning $763,970 $924,819 $940,479 346,905

Revenues
Drainage Fee Revenues 1,705,633 1,820,000 1,664,727 1,665,000
Penalty Revenues 0 0 15,000 15,000
Interest Income 34,799 25,000 20,000 20,000
Total Revenues 1,740,433 1,845,000 1,699,727 1,700,000

Cash & Investments Available 2,504,403 2,769,819 2,640,206 2,046,905

Expenses
Drainage Maintenance 796,747 641,444 518,376 585,444
Debt Service 44,135 285,238 285,238 278,796
Non Departmental 590,631 729,520 709,487 709,487
Billing Fee to Water Fund 35,200 35,200 35,200 35,200
Transfer to General Fund 120,000 120,000 120,000 120,000
Transfer to Drainage Capital Project Fund 250,000 905,000 905,000 250,000
Total Expenses 1,836,713 2,716,402 2,573,301 1,978,927

Non-cash adjustments:
Depreciation/Amortization/Other $272,790 $280,000 $280,000 280,000

Cash & Investments, Ending $940,479 $333,417 $346,905 347,978

Increase in Cash & Investments $176,509 ($591,402) ($593,574) 1,073

Ending Cash & Investments as a % of 51% 12% 13% 18%
Total Expenses (City Policy is 20%)

Drainage Fund Ending Cash and Investments

$1,000,000

$750,000
$500,000

$250,000

$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

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