Page 107 - Manfield FY21 Budget
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CITY OF MANSFIELD, TEXAS
MANSFIELD ECONOMIC DEVELOPMENT CORPORATION
BUDGET SUMMARY
2020/2021
ACTUAL BUDGET BUDGET
2018/2019 2019/2020 2020/2021
Beginning Net Assets $ 1,202,766 $ 3,418,891 $ 3,418,891
Additions:
Sales Tax Revenue 3,587,227 3,834,767 4,083,731
Bond Proceeds - - -
Prior Year Funding - - -
Sale of City Property 1,783,937 - -
Other Income 919 - -
Interest 27,325 15,000 15,000
Total 5,399,407 3,849,767 4,098,731
Assets Available 6,602,173 7,268,658 7,517,622
Deductions:
Administration 649,899 820,764 819,397
Other Operating Expenses 30,787 37,540 38,629
Transfer to other Funds 262,294 266,400 266,400
Reserve - 151,690 -
Depreciation 3,052 - -
Project Appropriation 2,237,251 2,573,373 2,974,306
Total 3,183,283 3,849,767 4,098,731
Ending Net Assets $ 3,418,891 $ 3,418,891 $ 3,418,891
*Budget is Adopted and Final Budget.
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