Page 19 - Richland Hills 2020-2021 Amended Budget
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DEPARTMENT
60/61 HOTEL OCCUPANCY TAX
FY 2020 FY 2021 FY 2021 AMENDMENTS AMENDMENTS
DESCRIPTION ACTUAL ADOPTED AMENDED $ CHANGE % CHANGE
HOTEL OCCUPANCY TAX $ 85,603 $ 85,000 $ 161,040 76,040 89.5%
TOTAL REVENUE $ 85,603 $ 85,000 $ 161,040 $ 76,040 89.5%
PERSONNEL $ 65,692 $ 59,210 $ 70,105 $ 10,895 18.4%
SUPPLIES AND MAINTENANCE $ - $ - 0.0%
OTHER OPERATING $ 17,171 $ 55,000 $ 400 $ (54,600) -99.3%
DEBT SERVICE $ 102,063 $ 105,413 $ 106,063 $ 650 0.6%
TOTAL EXPENDITURES $ 184,926 $ 219,623 $ 176,568 $ (43,055) -19.6%
BEGINNING FUND BALANCE $ 260,624 161,301 161,301
ENDING FUND BALANCE $ 161,301 $ 26,678 $ 145,773
TAX INCREMENT FINANCING FUND (FUND 089)
DEPARTMENT
60/61TAX INCREMENT FINANCING
FY 2020 FY 2021 FY 2021 AMENDMENTS AMENDMENTS
DESCRIPTION ACTUAL ADOPTED AMENDED $ CHANGE % CHANGE
PROPERTY TAX - TRANSFER IN $ 163,957 $ 174,774 $ 167,144 (7,630) -4.4%
INTERGOVERNMENTAL - 100.0%
SALES TAX-TRANSFER IN FROM GF $ 80,581 $ 75,000 $ 75,000 - 0.0%
TOTAL REVENUE $ 244,538 $ 249,774 $ 242,144 $ (7,630) -3.1%
CAPITAL IMPROVEMENTS $ - $ - $ 97,110 $ 97,110 0.0%
SUPPLIES AND MAINTENANCE $ - $ 20,000 $ - $ (20,000) -100.0%
OTHER OPERATING $ - $ 400,000 $ - $ (400,000) -100.0%
TRANSFER OUT TO FUND 28 $ 240,477 $ 240,477 100.0%
TOTAL EXPENDITURES $ - $ 420,000 $ 337,587 $ (82,413) -19.6%
BEGINNING FUND BALANCE $ 700,147 944,685 944,685
ENDING FUND BALANCE $ 944,685 $ 774,459 $ 849,242
City of Richland Hills 18
