Page 308 - Hurst Budget FY21

CITY OF HURST
2020-2021 APPROVED BUDGET
COMMUNITY SERVICES
HALF-CENT SALES TAX FUND
REVENUES AND EXPENDITURES

ESTIMATED APPROVED
ACTUAL ACTUAL ACTUAL BUDGET BUDGET BUDGET
2016-17 2017-18 2018-19 2019-20 2019-20 2020-21
BEGINNING BALANCE $9,508,462 $4,061,681 $3,936,516 $2,295,034 $3,967,926 $2,577,441

REVENUES
Sales Tax Receipts 5,261,091 5,306,115 5,276,599 5,161,102 4,538,108 4,453,724
Interest Earnings 46,186 59,079 90,708 55,000 56,164 19,000
Transfer In 80,000 0 0 0 0 0
Other Revenue 10,400 22,134 2,611 0 0 0
Less: Development Incentives (332,215) (331,107) (335,916) (327,165) (292,834) (280,634)
TOTAL REVENUES $5,065,463 $5,056,221 $5,034,002 $4,888,937 $4,301,438 $4,192,090

OPERATING EXPENSES
Parks 1,779,925 1,850,658 1,786,082 1,843,762 1,542,850 1,494,156
Recreation 377,540 431,064 460,992 435,989 397,273 426,048
Aquatics 414,036 477,553 451,899 483,972 150,811 480,472
Library 572,963 551,185 553,775 602,331 564,423 565,308
TOTAL EXPENSES $3,144,464 $3,310,460 $3,252,748 $3,366,054 $2,655,357 $2,965,984

Transfer Out $0 $0 $20,000 $0 $0 $0
Debt Service $1,473,425 $1,333,835 $1,330,813 $1,224,933 $1,224,933 $1,227,783
Project Expenses
Parks $421,162 $484,206 $360,224 $250,190 $331,809 $0
Recreation $181,364 $0 $29,751 $0 $54,600 $0
Aquatics $366,883 $39,622 $0 $0 $9,441 $0
Library $102,535 $13,263 $9,056 $65,000 $65,000 $0
Total Project Expenses $1,071,944 $537,091 $399,031 $315,190 $460,850 $0

OPERATING FUND BALANCE $8,884,092 $3,936,516 $3,967,926 $2,277,794 $3,928,223 $2,575,764

OTHER FUNDING SOURCES/USES

Less: Aquatics/Rec Center Imp $4,822,412 $0 $0 $0 $0 $0

RESTRICTED
Previous Approved Projects $0 $0 $0 $0 $1,350,782 $0
ENDING FUND BALANCE $4,061,680 $3,936,516 $3,967,926 $2,277,794 $2,577,441 $2,575,764

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