Page 175 - Watauga FY21 Budget
P. 175
SPECIAL REVENUE FUNDS
CARES GRANT PROCEEDS – FUND 10
The CARES Grant Interlocal Agreement with Tarrant County was approved in Fiscal
Year 2019-2020 for Coronavirus Relief. The eligible expenses include COVID response
payroll and benefit costs, public health and safety, telework enhancement, and other
expenses related to COVID-19 response.
This is a special revenue fund and revenues must be spent based on grant restrictions.
HISTORY PROJECTED YEAR BUDGET
2018-2019 2019-2020 2019-2020 2020-2021
Actual Budget Projected Budget
Fund Balance, October 1 $0 $0 $0 $0
Revenues:
Grant Proceeds 0 951,043 951,043 356,307
Interest Earnings 0 0 0 0
Operating Revenues $ - $ 951,043 $ 951,043 $ 356,307
Total Available Resources $ - $ 951,043 $ 951,043 $ 356,307
Expenditures:
COVID-19 Personnel, Supplies, Contractual 0 783,108 783,108 316,307
COVID-19 Capital 167,935 167,935 40,000
TOTAL OPERATING & TRANSFERS $ - $ 951,043 $ 951,043 $ 356,307
Fund Balance, September 30 $0 $0 $0 $0
CHANGE IN FUND BALANCE $0 $0 $0 $0
CARES Grant Fund total = $1,307,350
Population 23,770 x $55 per capita
167
