Page 85 - Watauga FY21 Budget
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AVAILABLE RESOURCES AT FISCAL YEAR END
Total estimated resources at the end of Fiscal Year 2020-2021 are expected to be
$18,949,397 if all capital projects are completed. Of this amount, $5,972,056 is
required fund balance per the City’s financial fund balance policies. The drawdown of
fund balance planned for this year totals $14,406,919 and will be used for various
capital projects and equipment replacement needs. More information on these projects
can be found in the Capital Projects Fund tab in this budget document.
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