Page 58 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 GENERAL FUND

GENERAL FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 01 FY2019 FY2020 FY2020 FY2021
Fund Balance, Beginning $8,665,169 $8,209,386 $8,774,557 9,076,493
Revenues
Property Taxes 9,474,234 10,074,387 10,781,000 10,263,788
Sales & Other Taxes 10,652,886 10,548,600 9,887,000 10,156,136
Franchise Fees 3,917,319 4,152,000 3,330,865 3,648,000
Licenses & Permits 884,957 723,900 1,511,150 1,596,414
Charges For Services 1,418,056 1,796,500 1,358,540 1,658,046
Fines and Fees 1,065,517 942,525 726,425 916,720
Other Revenues 836,606 608,534 901,849 703,569
Transfers 1,568,200 2,550,200 1,396,997 1,546,000
Total Revenues 29,817,776 31,396,646 29,893,826 30,488,673
Funds Available 38,482,945 39,606,032 38,668,383 39,565,166
Expenditures
City Manager's Office 539,219 576,045 585,707 546,301
City Secretary 251,066 229,005 222,881 244,385
City Council 24,062 19,680 24,214 24,280
Finance 672,529 647,894 598,962 560,349
Human Resources 514,216 642,619 498,962 578,461
Planning & Community Development 612,269 656,752 625,667 1,080,616
Information Technology 760,526 878,833 843,193 866,655
Fleet Services 771,187 1,083,853 643,603 763,211
Building Maintenance 673,207 1,228,572 535,300 600,380
Police 9,788,255 10,342,599 9,923,190 9,977,946
Fire 7,243,761 7,446,905 7,226,399 7,428,729
Municipal Court 564,037 623,464 510,499 562,207
Street & Drainage 1,099,359 1,375,722 1,146,725 1,292,599
Parks & Recreation 1,845,342 2,163,857 1,738,491 2,073,923
Library 1,132,778 1,246,718 1,131,559 1,182,552
Non-Departmental 2,343,576 1,417,466 2,103,538 900,079
Transfers 873,000 650,000 1,022,999 1,806,000
Total Expenditures 29,708,388 31,229,984 29,381,889 30,488,673
ANNUAL SURPLUS / (DEFICIT) 109,388 166,662 511,937 0
Fund Balance, Ending $8,774,557 $8,376,049 $9,286,493 9,076,493
FUND BALANCE BREAKDOWN
Ending Fund Balance $8,774,557 $8,376,049 $9,286,493 9,076,493
Reserved for Encumbrances/Inventory (210,000) (210,000) (210,000) (210,000)
Unreserved Fund Balance $8,564,557 $8,166,049 $9,076,493 8,866,493
Reserve Policy is 20% of Expenditures $5,941,678 $6,245,997 $5,876,378 6,097,735
Amount over (under) Reserve Policy $2,622,879 $1,920,052 $3,200,115 2,768,759
% of Total Expenditures 29% 26% 31% 29%

General Fund - Unreserved Ending Fund Balance
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

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