Page 179 - Watauga FY21 Budget

SPECIAL REVENUE FUNDS

STREET MAINTENANCE BUDGET SUMMARY
FUND 14

HISTORY PROJECTED YEAR BUDGET %CHANGE
2017-18 2018-2019 2019-2020 2019-2020 2020-2021 FY2020-2021
Actual Actual Budget Projected Budget vs 2019-2020

Fund Balance, October 1 $1,084,386 $1,119,330 $1,184,330 $1,438,287 $1,212,287
Revenues:
Sales Taxes 721,630 746,003 759,000 670,000 708,000 -6.7%
Interest Earnings 18,830 37,339 10,000 8,000 8,000 -20.0%
Operating Revenues $ 740,460 $ 783,342 $ 769,000 $ 678,000 $ 716,000 -6.9%

Total Available Resources $ 1,824,846 $ 1,902,671 $ 1,953,330 $ 2,116,287 $ 1,928,287 -1.3%

Expenditures:
Asphalt Overlay 615,673 384,826 800,000 800,000 800,000 0.0%
Street Maintenance 85,277 77,913 100,000 100,000 100,000 0.0%
Debris Disposal 4,565 1,645 8,000 4,000 8,000 0.0%
Operating Expenditures 705,516 464,384 908,000 904,000 908,000 0.0%

TOTAL OPERATING & TRANSFERS $ 705,516 $ 464,384 $ 908,000 $ 904,000 $ 908,000 0.0%
Fund Balance, September 30 $1,119,330 $1,438,287 $1,045,330 $1,212,287 $1,020,287

CHANGE IN FUND BALANCE $34,944 $318,957 ($139,000) ($226,000) ($192,000)

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