Page 106 - Kennedale Budget FY21

FUND BUDGET: STREET IMPROVEMENT FUND
17 | STREET IMPROVEMENT FUND SUMMARY
2017–2018 2018–2019 2019–2020 2019–2020 2020–2021 PERCENT
REVENUES
ACTUAL ACTUAL APPROVED PROJECTED APPROVED CHANGE
FRANCHISE FEES – TELELPHONE 51,293 35,046 36,622 36,622 36,256 -1.0%
FRANCHISE FEES – GARBAGE 117,957 85,403 69,300 69,300 68,607 -1.0%
FRANCHISE FEES – GAS 53,527 65,778 65,120 65,120 64,469 -1.0%
FRANCHISE FEES – ELECTRICITY 294,967 323,792 315,583 315,583 312,427 -1.0%
FRANCHISE FEES – CABLE 46,780 64,999 54,450 54,450 53,906 -1.0%
FRANCHISE FEES – WATER/WASTEWATER 213,244 189,869 267,106 267,106 311,312 16.5%
INVESTMENT INCOME 3,448 8,173 7,000 7,000 6,930 -1.0%
MISC. INCOME 2,604 1,640 - - -
ADMIN CHARGE – STORMWATER 17,534 19,995 19,995 19,995 19,995 0.0%
PARK PAVILION RENTAL 4,825 3,105 3,700 3,700 3,663 -1.0%
BALLFIELD RENTAL 775 50 50 50 50 -1.0%
SALE OF PARTS/ASSETS - - - - -
TRANSFER IN PARK DEDICATION 80,000 35,000 - - -
TRANSFER IN TIF FUND 11,217 - - - -
TRANSFER IN DONATION FUND - - - -
Total Revenues $ 898,171 $ 832,850 $ 838,926 $ 838,926 $ 877,615 4.6%

2017–2018 2018–2019 2019–2020 2019–2020 2020–2021 PERCENT
EXPENDITURES
ACTUAL ACTUAL APPROVED PROJECTED APPROVED CHANGE
Street Maintenance 630,950 719,814 850,175 849,397 868,448 2.2%
Park Maintenance 80,379 99,665 122,920 122,920 122,920 0.0%
Capital Projects 60,555 79,058 79,058 79,058 24,302 -69.3%
Total Expenditures $ 771,884 $ 898,538 $ 1,052,153 $ 1,051,375 $ 1,015,670 -3.4%

Total Revenues Over (Under) Exp $ 126,287 $ (65,688) $ (213,227) $ (212,449) $ (138,055) -35.0%
Other Funding Sources In (Out): -
NET CHANGE IN FUND BALANCE $ 126,287 $ (65,688) $ (213,227) $ (212,449) $ (138,055) -35.0%
BEGINNING FUND BALANCE – OCTOBER 1 488,007 345,652 553,695 341,246 -38.4%
ENDING FUND BALANCE – SEPTEMBER 30 436,091 553,695 132,425 341,246 203,191 -40.5%
AVERAGE DAILY EXPENDITURES 945 2,520 1,946 2,226 14.4%
NUMBER OF DAYS RESERVE 586 53 175 91 -48.0%
FUND BALANCE AS A % OF EXPENDITURES 61.6% 12.6% 32.5% 20.0% -38.4%

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