Page 82 - Watauga FY21 Budget

COMBINED SUMMARY OF REVENUES AND EXPENDITURES
ALL CITY FUNDS FOR FISCAL YEAR 2020-2021

Strategic Crime Control Street Internal
Initiative W/S Utility EDC Sales Tax District Sales Storm Drain Maintenance Capital Projects W/S Constr Service Fund
General Fund Fund 13 Fund 40 Fund 04 Tax Fund 18 Utility Fund 15 Fund 14 Fund 07 Fund 45 22
Estimated Beginning
Resources $4,646,181 $53,828 $1,314,081 $1,174,604 $548,570 $4,206,591 $1,212,287 $8,333,567 $8,019,589 $1,145,499
Estimated Revenues
Taxes / Assessments 6,161,500
Sales Tax 2,920,000 705,000 1,347,000 708,000
Licenses and Permits 531,000
Franchise Fees 862,000
Intergovt Revenue 502,600 - -
Charges for Service 740,500 8,525,000 1,470,000 92,460
Fines & Forfeitures 515,900
Interest on Investments 75,000 500 30,000 5,000 5,000 35,000 8,000 75,000 75,000 10,000
Grant Revenue -
Miscellaneous 309,900 441,000 35,800 49,000 - - -

Operating Transfer In 765,281 - 30,000 - 100,000 - 100,000 - 89,000
Revenues 13,383,681 500 9,026,000 745,800 1,501,000 1,505,000 716,000 175,000 75,000 191,460
Total Available Resources 18,029,862 54,328 10,340,081 1,920,404 2,049,570 5,711,591 1,928,287 8,508,567 8,094,589 1,336,959
Estimated Expenditures

City Manager 329,260 -
City Secretary/Admin 174,779 153,750
Building Maintenance 834,740 - - -
Human Resources 183,615
Development Services 237,745
Economic Development - 111,960
Strategic Initiative Projects 30,000
Finance 506,810
Municipal Court 401,730
Library 882,480
Rec & Comm Svc 322,740 -
Parks 559,765 - -
Police 4,064,525 1,523,650 - - -
Fire / EMS 2,891,363 - - -
Public Works 447,450 623,015 - 35,000 -
Fleet 204,900 - -
Non-Departmental 1,155,775 706,830 - 113,480 8,000 -
Information Technology 404,200 95,080 - -
Billing & Collection 524,860 -
Water Operations 2,860,390
Wastewater Operations 2,439,017
Grant Expenditures
CARES Grant Allocation (316,307)
Operating Transfer Out 100,000 - 2,178,000 389,284 30,000 73,500 - - - 100,000
Sub Total Operating 13,385,570 30,000 8,957,927 501,244 1,553,650 809,995 8,000 35,000 - 100,000
Capital Projects/Equip - 2,328,697 900,000 6,903,500 5,285,410 521,574
Debt Service
Principal Payments 83,000
Interest Payments
Fiscal Agent Fees
Sub Total Debt Service - - - - - - 83,000 - -
Total Expenditures 13,385,570 30,000 8,957,927 501,244 1,553,650 3,138,692 908,000 7,021,500 5,285,410 621,574
Change in Fund Balance (1,889) (29,500) 68,073 244,556 (52,650) (1,633,692) (192,000) (6,846,500) (5,210,410) (430,114)
Est. Ending Resources 4,644,292 24,328 $1,382,154 $1,419,160 $495,920 $2,572,899 $1,020,287 $1,487,067 $2,809,179 $715,385
$ Requirement $3,346,393 $0 $1,791,585 $97,349 $310,730 $161,999 $0 $0 $0 $0
%Policy Requirement 25.00% 0.00% 25.00% 20.00% 20.00% 20.00% 0.00% 0.00% 0.00% 0.00%
OVER/UNDER REQUIRE $1,297,900 24,328 ($409,431) $1,321,811 $185,190 $2,410,900 $1,020,287 $1,487,067 $2,809,179 $715,385
FUND BALANCE CHANGE % 0.0% -54.8% 5.2% 20.8% -9.6% -38.8% -15.8% -82.2% -65.0% -37.5%

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