Page 85 - N. Richland Hills General Budget

FISCAL YEAR 2020-21
WORKING CAPITAL BALANCE SUMMARY - ALL FUNDS

Working Capital is defined as current assets minus current liabilities and other restrictions (existing encumbrances, balances in projects underway, and other
restrictions). Maintaining an appropriate level of working capital balance is essential for the City to mitigate financial risk that can occur from unforeseen
revenue shortfalls, unanticipated expenditures, or any other adverse circumstances. The City maintains an appropriate working capital balance level within
each fund as determined by best practice and City policy. The Working Capital Balance Summary shows an estimated beginning balance as of September
30, 2019 for all budgeted funds along with the estimated impact based upon the FY 2019-2020 Revised Budget and FY 2020-2021 Adopted Budget.

FY 2019-2020 FY 2020-2021
Revised Budget FY 2019-2020 Adopted Budget FY 2020-2021
ESTIMATE AS OF Increase Revised Budget Increase Adopted Budget
FUND 09/30/19 (Decrease) Ending Balance (Decrease) Ending Balance

General Fund (Unreserved/Undesignated) $ 13,191,271 $ (2,085,683) $ 11,105,588 $ 11,409 $ 11,116,997
General Fund Designated for Municipal Court $ 724,419 $ (64,376) $ 660,043 $ (57,063) $ 602,980
Technology & Security & JCM
General Fund Designated for Franchise Peg $ 616,856 $ 41,345 $ 658,201 $ 136,643 $ 794,844
Fees
General Debt Service Fund* $ 1,299,285 $ 53,982 $ 1,353,267 $ - $ 1,353,267

Utility Fund Unrestricted $ 4,505,793 $ 1,962,223 $ 6,468,016 $ 1,215,437 $ 7,683,453

Golf Course Fund Unrestricted $ 97,521 $ (97,521) $ - $ - $ -

Aquatic Park Fund Unrestricted $ 12,506 $ - $ 12,506 $ 103,472 $ 115,978
Facilities & Construction Services Fund $ 3,138,595 $ 70,024 $ 3,208,619 $ (301,146) $ 2,907,473

Fleet Services Fund $ 2,252,911 $ (597,355) $ 1,655,556 $ 106,626 $ 1,762,182

Self Insurance Fund $ 6,720,714 $ 2,225,790 $ 8,946,504 $ (68,849) $ 8,877,655
Information Technology Fund $ 2,307,790 $ (475,501) $ 1,832,289 $ (360,125) $ 1,472,164

Promotional Fund $ 770,803 $ (58,823) $ 711,980 $ (95,826) $ 616,154
Donations Fund $ 623,771 $ (29,360) $ 594,411 $ (28,362) $ 566,049

Special Investigation Fund $ 405,157 $ (177,800) $ 227,357 $ (182,800) $ 44,557
Drainage Utility Fund $ 1,130,422 $ 803,819 $ 1,934,241 $ 831,442 $ 2,765,683

Gas Development Fund $ 2,928,056 $ (2,702,390) $ 225,666 $ 322,600 $ 548,266
Traffic Safety Fund $ 724,421 $ (49,134) $ 675,287 $ (50,611) $ 624,676

Park & Recreation Facilities Development Fund $ 842,595 $ (42,021) $ 800,574 $ 744,890 $ 1,545,464
Recreation Centre $ 3,009,997 $ (460,878) $ 2,549,119 $ 285,557 $ 2,834,676

Park Impact Fee Fund $ 971,978 $ 80,000 $ 1,051,978 $ (170,000) $ 881,978
Economic Development Fund $ 172,340 $ 126,858 $ 299,198 $ 130,400 $ 429,598

Crime Control & Prevention District Fund $ 707,949 $ 110,521 $ 818,470 $ - $ 818,470

*CAFR undesignated fund balance.

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