Page 31 - Watauga FY21 Budget

BUDGET MESSAGE FOR FY 2020-2021

and FY2020-2021. In addition, the General Fund and CCD fund did not transfer the
annual payment for capital items in FY2019-2020 and FY2020-2021. These
amounts will be transferred in future years as economic conditions improve. The
forecasted ending Fund Balance is $715,385.

Conclusion

This City Manager Budget Message is a summary of the major highlights of the
2020-2021 Fiscal Year Budget document. The following pages summarize the
significant budget changes and new and expanded requests submitted by
departments this fiscal year. The summaries by fund and departmental detail can be
found in the fund sections of this document.

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