Page 31 - N. Richland Hills Capital Budget

Summary of Project Funding
2020/21 Capital Improvement Program

Funding To Adopted Estimated 2022 to
Program Date 2020/2021 2021/22 Completion Total Funds

Reserves
Drainage Utility Fund 1,442,850 450,000 0 0 $ 1,892,850
Reserves 846,258 0 0 0 $ 846,258
Reserves $ 2,289,108 $ 450,000 $ 0 $ 0 $ 2,739,108

Drainage Sub-Total $ 2,289,108 $ 450,000 $ 0 $ 0 $ 2,739,108

Utility
Certificates of Obligation
Certificates of Obligation 9,429,735 840,000 0 0 $ 10,269,735
Certificates of Obligation $ 9,429,735 $ 840,000 $ 0 $ 0 $ 10,269,735

Reserves
Impact Fees 42,000 0 0 0 $ 42,000
Reserves 216,525 0 0 0 $ 216,525
Unspecified Project Savings 55,000 0 0 0 $ 55,000
Utility Operations for Capital Projects 1,280,000 0 0 0 $ 1,280,000
Utility Fund (405) 965,000 1,799,906 0 0 $ 2,764,906
Utility Reserve for Future Construction 275,000 0 0 0 $ 275,000
Reserves $ 2,833,525 $ 1,799,906 $ 0 $ 0 $ 4,633,431

Other
Impact Fees 3,000,000 0 0 0 $ 3,000,000
Other $ 3,000,000 $ 0 $ 0 $ 0 $ 3,000,000

Utility Sub-Total $ 15,263,260 $ 2,639,906 $ 0 $ 0 $ 17,903,166

Parks & Recreation
Certificates of Obligation
Certificates of Obligation 3,285,000 0 0 0 $ 3,285,000

Certificates of Obligation $ 3,285,000 $ 0 $ 0 $ 0 $ 3,285,000

Federal/State Grants
TXDOT Funding 576,217 0 0 0 $ 576,217
Federal/State Grants $ 576,217 $ 0 $ 0 $ 0 $ 576,217
Reserves
Golf Course Reserve 100,000 0 0 0 $ 100,000
Impact Fees 209,000 0 0 0 $ 209,000
Project Savings 190,043 0 0 0 $ 190,043
Park Sales Tax (125) 931,000 0 0 0 $ 931,000
NRH Centre Fund Reserve (126) 0 140,000 0 0 $ 140,000

Reserves $ 1,430,043 $ 140,000 $ 0 $ 0 $ 1,570,043

31