Page 249 - Watauga FY21 Budget

GENERAL CAPITAL PROJECTS FUND
CAPITAL PROJECTS SUMMARY

CURRENT YEAR BUDGET
2017-18 2018-19 2019-20 2019-20 2020-21
FUND 07 Actual Actual Budget Projected Budget

Beginning Fund Balance* $5,488,952 $10,534,260 $9,666,518 $10,332,319 $8,333,567

Revenues:
Transfer from General Fund 220,000 0 0 0 100,000
Grants 0 0 0 0 0
2018 Certificates of Obligation 6,780,000 0 0 0 0
2019 Certificates of Obligation 449,877 0 0 0
2020 Certificates of Obligation/Tax Notes 0 0 450,000 3,450,000 0
Other financing sources 0 0 0 0 0
Interest Income / Misc. 94,384 295,115 150,000 150,000 75,000
Total Revenue: $7,094,384 $744,993 $600,000 $3,600,000 $175,000

Total Available Resources $12,583,336 $11,279,253 $10,266,518 $13,932,319 $8,508,567
Expenditures:
Public Works:
Bond Issuance 64,489 6,856 0 25,445 0
Building Improvements 6,598 0 0 0 0
CDBG 38th/39th/40th Year 0 0 0 0 0
Green Ribbon 0 0 0 0 50,000
Contingency 0 7,740 10,000 10,000 10,000
Engineering 4,376 22,012 25,000 25,000 25,000
Pmt to NRH for Rufe Snow 82,853 82,853 83,000 83,000 83,000
Sidewalk Replacement 52,686 99,282 100,000 100,000 100,000
Street Overlays 0 0 0 0 0
2014 CO Funded Projects:
Bursey Road 0 0 0 0 0
Senior Center Bond 32,644 0 0 0 0
Senior Center (GF transfer & 2011 Bond) 0 0 0 - 0
2016 CO Funded Projects: 2,089,920 36,163 2,854,911 2,284,308 293,500
2018 CO Funded Projects & Equipment: 0 692,027 5,375,000 2,200,000 3,395,000
2019 CO Funded Projects & Equipment: 0 0 456,000 421,000 65,000
2020 TAX NOTE Funded Projects & Equipmen 0 0 450,000 450,000 0
2020 CO Funded Projects & Equipment: 0 0 0 0 3,000,000

Total Fund Expenditures: $2,333,566 $946,934 $8,447,911 $5,598,753 $7,021,500

Ending Fund Balance $10,249,770 $10,332,319 $1,818,607 $8,333,567 $1,487,067

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