Page 103 - Forest Hill FY22 Annual Budget
P. 103
STREET IMPROVEMENT FUND (52)
Actual FY Estimate FY Adopted
2019-2020 2020-2021 2021-2022
Revenues
Sales Tax 452,457 350,000 350,000
Interest Income 6,875 10,000 10,000
Total Revenue 459,332 360,000 360,000
Other Financing Sources
lnterfund transfer in $ 250,000 $ 250,000 $ 250,000
Subtotal Other Financing Sources $ 250,000 $ 250,000 $ 250,000
Total Expenditures $ 709,332 $ 610,000 $ 610,000
Expenditures
Personnel
Materials/ minor equipment/ supplies 417 1,000 400,000
Contractual Services 284,483 473,000 158,000
Travel and training
Total Expenditures $ 284,900 $ 474,000 $ 558,000
Other Financing Uses:
Transfer for Debt Service
lnterfund transfers out $ 85,000 $ 85,000 $ 85,000
Subtotal Other Financing Sources $ 85,000 $ 85,000 $ 85,000
Total Appropriation: $ 369,900 $ 559,000 $ 643,000
Net Increase (Decrease) in Fund Balance $ 89,432 $ (I 99,000) $ (283,000)
Beginning Budgetary Fund Balance $ 703,224 $ 792,656 $ 593,656
Ending Budgetary Fund Balance $ 792,656 $ 593,656 $ 310,656
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