Page 95 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 DEBT SERVICE FUND

DEBT SERVICE FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 05 FY2019 FY2020 FY2020 FY2021

Fund Balance, Beginning $351,216 327,533 522,051 1,212,434

Revenues
Property Tax Revenue 5,131,599 5,981,136 6,368,000 6,271,130
Interest Income 14,078 10,000 21,000 20,000
Miscellaneous Revenue 44,879 0
Transfer from General Fund 373,000 - - 0
Transfer from Economic Dev. Fund - - - 0
Transfer from Oil and Gas 457,488 156,239 466,500 306,775
Proceeds from Bond Issuance - - - 0
Premiums on Bond Issuance - - - 0
Total Revenues 5,976,165 6,192,254 6,855,500 6,597,905

Funds Available 6,327,381 6,519,787 7,377,551 7,810,339

Expenditures
Principal 4,800,000 4,835,000 4,835,000 5,580,000
Interest 1,000,930 1,352,254 1,325,118 1,154,676
Paying Agent Fees 4,400 5,000 5,000 5,000
Bond Issuance Cost - - - 0
Refunded Escrow Bond Payments - - - 0
Total Expenditures 5,805,330 6,192,254 6,165,118 6,739,676

Fund Balance, Ending $522,051 $327,533 1,212,434 1,070,662

Debt Service Fund Expenditures
$6
$5

$4
Millions $3

$2

$1
$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

Principal Interest

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