Page 301 - Watauga FY21 Budget

Crime Control & Prevention District
Multi-Year Financial Plan

Base Year Year 2 Year 3 Year 4 Year 5
Budget Projected Projected Projected Projected
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025
BEGINNING BALANCE 548,570 495,920 462,336 413,543 348,795
REVENUES
Sales taxes 1,347,000 1,481,700 1,511,334 1,541,561 1,572,392
Other Income/Transfers In 154,000 70,000 72,100 74,263 76,491

Total Revenues 1,501,000 1,551,700 1,583,434 1,615,824 1,648,883
EXPENDITURES
Police Protection (1,510,650) (1,555,650) (1,602,000) (1,649,741) (1,601,913)
Transfers to other funds (30,000) (29,634) (30,227) (30,831) (31,448)
Total Expenditures (1,540,650) (1,585,284) (1,632,227) (1,680,572) (1,633,361)
Recommended Reserves per Policy (308,130) (317,057) (326,445) (336,114) (326,672)
Available for Supplemental (39,650) (33,584) (48,793) (64,748) 15,522
Proposed Supplemental - - - -
Remaining Supplemental (39,650) (33,584) (48,793) (64,748) 15,522
Additional Available for Capital 240,440 178,863 135,891 77,429 22,123
Total Available for Capital 200,790 145,279 87,098 12,681 37,645

Proposed Equipment Replacement - - - - -
Proposed Capital (1) (13,000) - - - -
Remaining Funds Available 187,790 145,279 87,098 12,681 37,645

ENDING FUND BALANCE 495,920 462,336 413,543 348,795 364,317

Staffing Variable:
Full-time positions 11.0 11.0 11.0 11.0 10.0
Part-time positions 0.0 0.0 0.0 0.0 0.0

(1) Proposed Capital will only be funded if excess reserves are available.
Note: In 2021-22, funding plan will need to be considered for personnel movement to ensure fund balance levels within policy
This forecast depicts decrease of personnel funding in FY2024-25 in order to ensure fund balance
levels are within policy.

293