Page 50 - N. Richland Hills General Budget

BUDGET OVERVIEW

Donations Fund

FY 19/20 Adopted FY 19/20 Revised FY 20/21 Adopted

Revenue $301,164 $296,274 $296,464

Expenditures $264,388 $266,828 $262,388
Balance $36,776 $29,446 $34,076

FY 2019/2020 Revised Budget

Revenues are forecasted to total $296,274 which is a dec r eas e of ($4,890) or (1.6%) from
the FY 2019/2020 Adopted Budget. Shelter fund revenue increased $12,134 from collections
related to the Doggy Beach Bash held in the fall of 2019. Other Income and Library books sales
were forecasted down ($16,624) and ($2,500) respectively based on collection trends seen in
FY 2019/2020. Expenditures totaled $266,828 and were up slightly $2,440 due to an increase in
anticipated expenses in the police department’s victim assistance program. The fund is
forecasted to the end fiscal year with a positive balance of $29,446 that will be added to the funds
reserves.

FY 2020/2021 Adopted Budget

FY 2020/2021 Adopted revenues total $296,464 which is a decrease of ( $4,700) or (1.6%)
from the adopted budget. The only change of note is a decrease of ($5,200) in the Other
Income category based on forecasted collection trends for various parks programs.

Expenditures total $262,388 and reflect as down ($2,000) from the FY 2019/2020 Adopted
Budget due to anticipated reductions in parks and court program expenses. The fund is
anticipated to end FY 2020/2021 with a positive balance for this fund of $34,076, which will
added to the funds reserves.

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