Page 90 - N. Richland Hills General Budget

CHANGES IN FUND BALANCE SUMMARY

Drainage Utility Fund
FY 2019/20 FY 2020/21
$803,819 is estimated to be contributed to reserves $831,442 is estimated to be contributed to reserves
from the forecasted positive operating balance. from the forecasted positive operating balance.

Gas Development Fund
FY 2019/20 FY 2020/21
An appropriation of fund balance of $2,702,390 was Additional revenue, in excess of projected
included for an interfund loan to the Golf Course expenditures, in the amount of $322,600 will be
($751,989), funding for the Northeast Parkway added to fund balance.
Extension project ($790,000) and additional funding for
the Loop 820 Redevelopment (2016) project
($1,500,000).

Traffic Safety Fund
FY 2019/20 FY 2020/21
An appropriation of fund balance in the amount of $50,611 is anticipated to be drawn from reserves for
$4,988 was made to cover prior year encumbrances. one-time public safety and traffic safety equipment.
An additional $44,146 is planned to be drawn down to
cover expenditures made within the fund.

Park & Recreation Facilities Development Fund
FY 2019/20 FY 2020/21
$42,021 is planned to be appropriated from fund $744,890 is estimated to be contributed to reserves
balance to help pay for one-time capital projects. from the forecasted positive operating balance.

Recreation Centre
FY 2019/20 FY 2020/21
$460,878 is anticipated to be drawn from reserves There is an increase of $285,557 set aside as a
within the fund to offset operational losses related to reserve for capital. This is calculated based on
the COVID-19 pandemic. The COVID-19 pandemic projected revenue over projected expenditures.
has had a significant impact on operations,
temporarily closing facilities in April through early May
and limiting the attendance at the facility and program
offerings.

Park Impact Fee Fund
FY 2019/20 FY 2020/21
$120,000 is included as an appropriation of fund $265,000 is included as an appropriation of fund
balance from reserves for the Fossil Creek Park balance from reserves for the Richfield Park
Mountain Bike Trails Project. Based on annual Tennis/Pickleball Court Replacement Project.
collections staff anticipate contributing $200,000 to Based on annual collections staff anticipate
reserves. contributing $95,000 to reserves.

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