Page 88 - N. Richland Hills General Budget

CHANGES IN FUND BALANCE SUMMARY

Utility Fund Unrestricted
FY 2019/20 FY 2020/21
There is an appropriation of fund balance of $15,920 An additional $1,215,437 is anticipated to be added
for prior year encumbrances. $1,978,143 is to the funds reserves based on anticipated
forecasted to be added to the funds reserves based on performance for FY 2020/21.
the funds performance for FY 2019/20 in part due to
the implementation of planned rate increases.

Golf Course Fund Unrestricted
FY 2019/20 FY 2020/21
An appropriation of fund balance in the amount of No change.
$97,521 was planned for additional grounds
improvements related to the Iron Horse Golf Course
Improvement Project.

Aquatic Park Fund Unrestricted
FY 2019/20 FY 2020/21
No change. A positive fund balance of $103,472 is planned to
be added to the funds reserves.

Facilities & Construction Services Fund
FY 2019/20 FY 2020/21
$70,024 is estimated to be contributed to reserves from There is an appropriation of fund balance of
the forecasted positive operating balance. $301,146 included in FY 20/21. The majority of
funding is for one-time capital projects including
concrete drive repairs at various facilities,
replacement of the UPS batteries at City Hall, and a
roof replacement. In addition to capital project
needs there were a number of small one-time
projects funding will also be utilized for.

Fleet Services Fund
FY 2019/20 FY 2020/21
An appropriation of fund balance in the amount of A positive fund balance of $106,626 is planned to
$85,379 was made to cover prior year encumbrances. be contributed to the funds reserves.
An additional $411,976 is appropriated from fund
balance for one-time vehicle purchases with the
majority of the funding to be used for a replacement
ambulance.

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