Page 251 - Watauga FY21 Budget

SPECIAL REVENUE FUND
ECONOMIC DEVELOPMENT CORPORATION
BUDGET SUMMARY
FUND 05 - CAPITAL PROJECTS

HISTORY PROJECTED YEAR BUDGET
2017-18 2018-2019 2019-2020 2019-2020 2020-2021
Actual Actual Budget Projected Budget H

Fund Balance, October 1 $ 430,390 $ 374,358 $244,179 $244,179 $43,347
Revenues:
Interest Earnings 5,060 8,453 5,500 5,500 1,000
Proceeds from Sale of Assets 0 0 0 0 0
Transfer from PDC Sales Tax Fund 0 0 0 0 0
Other Financing Sources 0 0 0 0 0
Matching Grants 0 0 0 0 0
Total Revenues $ 5,060 $ 8,453 $ 5,500 $ 5,500 1,000

Total Available Resources $ 435,450 $ 382,811 $ 249,679 $ 249,679 44,347

Expenditures:*
Shade Structure - BISD Park 0 25,000 0 0 0
Foster Village Improvements 49,962 49,800 0 0 0
Shade Structure - Indian Springs 0 21,578 0 0 0
Park Equipment (Picnic Pads, etc.) 0 39,666 0 0 0
Capp Smith Park Improvements 11,130 2,588 151,832 151,832 0
Capp Smith Improvements EDC 0 0 54,500 54,500 0
Contingency 0 0 0 0 40,000
Total Expenditures 61,092 138,632 206,332 206,332 40,000

Other Expenditures
Transfer to PDC Debt Service 0 0 0 0 0
Total Other Soures (Uses) 0 0 0 0 0

REVENUES OVER (UNDER) EXPENSES ($56,032) ($130,179) ($200,832) ($200,832) $ (39,000)

Fund Balance, September 30 $374,358 $244,179 $43,347 $43,347 $4,347

CHANGE IN FUND BALANCE ($56,032) ($130,179) ($200,832) ($200,832) ($39,000)
***WAS PARKS DEVELOPMENT CORPORATION UNTIL FY2018-19

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