Page 44 - Forest Hill FY22 Annual Budget

City of Forest Hill
Annual Appropriated Funds
Consolidated Funds Summary (Modified Accrual Basis)

Total Governmental Fund - Total Proprietary Funds (60,61,62,65) Total
Actual Estimate Adopted Actual Estimate Adopted Actual �mate Adopted
2019-20 2020-21 2021-22 2019-20 2020-21 2021-22 2019-20 2020-21 2021-22
Revenues:
Property Tax $6,123,825 $6,083,000 $6,975,000 $ 6,123,825 $ 6,083,000 $ 6,975,000
Sales Tax $3,167,228 $2,840,000 $3,100,000 $ 3,167,228 $ 2,840,000 $ 3,100,000
Franchise taxes $565,405 $350,000 $490,000 $182,727 $130,000 $100,000 $ 748,132 $ 480,000 $ 590,000
Licenses and pcnnits $397,115 $308,000 $316,100 $ 397,115 $ 308,000 $ 316,100
Fines and forfeitures $161,600 $528,000 $366,000 $ 161,600 $ 528,000 $ 366,000
Charges for Services $362,423 $415,000 $430,000 $ 362,423 $ 415,000 $ 430,000
Intergovernmental $46,654 $13,000 $28,000 $ 46,654 $ 13,000 $ 28,000
Interest Revenues $117,618 $149,800 $24,400 $57,975 $55,000 $52,000 $ 175,593 $ 204,800 $ 76,400
Miscellaneous $142.369 $42.200 $121,200 $68,282 $59,500 $59,500 $ 210,651 $ 101,700 $ 180,700
Water sales $2,524,611 $2,500,000 $2,600,000 $ 2,524,611 $ 2,500,000 $ 2,600,000
Sewer sales $2,429,729 $2,600,000 $2,600,000 $ 2,429,729 $ 2,600,000 $ 2,600,000
Sanitation sales $623,612 $650,000 $700,000 $ 623,612 $ 650,000 $ 700,000
Drainage Fee $301,335 $250,000 $250,000 $ 301,335 $ 250,000 $ 250,000
Late Charges $71,434 $100,000 $100,000 $ 71,434 $ 100,000 $ 100,000
Tap Fees $67,908 $92,500 $92,500 $ 67,908 $ 92,500 $ 92,500
Hotel Tax $478,519 $400,000 $300,000 $ 478,519 $ 400,000 $ 300,000
Library $68,000 $0 $74,000 $ 68.000 $ $ 74,000
Subtotal Revenues s 11,630,755 $ 11,129,000 s 12,224,700 s 6,327,614 s 6,437,000 s 6,554,000 s 17,958,369 s 17,566,000 s 18,778,700

Other Financing Sources:
lnterfund transfers in 1,196,961 1,333,130 1.283,130 $ 1,196,961 $ 1,333,130 $ 1,283,130
Subtotal Other Financing Sources s 1,196,961 s 1,333,130 s 1,283,130 $ $ $ $ 1,196,961 s 1,333,130 s 1,283,130

Total Revenues & Other Financing Sources s 12,827,716 s 12,462,130 s 13,507,830 s 6,327,614 s 6,437,000 s 6,554,000 s 19,155,330 s 18,899,130 s 20,061,830

Appropriations:
Personnel $6,637,387 $7,264,385 $7,268,272 $978,331 $1,220,700 $1,297,300 $ 7,615,718 $ 8,485,085 $ 8,565,572
Materials/ minor equipment/ supplies $425,298 $543,600 $572,100 $ I 27,144 $325,700 $297,500 $ 552,442 $ 869,300 $ 869,600
Contractual Services $1,091,216 $1,595,850 $2,097,450 $3,035,167 $3,780,600 $3,775,500 $ 4,126,383 $ 5,376,450 $ 5,872,950
Miscellaneous Uses $154,999 $196,700 $237,150 $576 $4,500 $4,000 $ 155,575 $ 201,200 $ 241,150
Capital Outlay $986,746 $1,124,800 $3,234,000 $567,861 $508,000 $503,000 $ 1,554,607 $ 1,632,800 $ 3,737,000
Debt service payment $55,760 $101,952 $669,000 $5,579 $146,550 $147,050 $ 61,340 $ 248,502 $ 816,050

Sub-Total Appropriations: s 9,351,405 s 10,827,287 $ 14,077,972 s 4,714,659 s 5,986,050 s 6,024,350 s 14,066,064 s 16,813,337 s 20,102,322
Other Financing Uses:
lnterfund translers out $ 591,961 $ 728,130 $ 678,130 $605,000 $605,000 $605,000 $ 1,196,961 $ 1,333,130 $ 1,283,130
Subtotal Other Financing Sources s 591,961 $ 728,130 s 678,130 s 605,000 $ 605,000 s 605,000 $ 1,196,961 s 1,333,130 s 1,283,130
Total Appropriations & Other Finance Uses s 9,943,366 $ 11,555,417 s 14,756,102 $ 5,319,659 s 6,591,050 s 6,629,350 s 15,263,025 s 18,146,467 s 21,385,452
Net Increase (Decrease) in Fund Balance s 2,884,350 $ 906,713 s (1,248,272) $ 1,612,955 s 450,950 s 529,650 s 5,089,266 s 2,085,793 s (40,492)

Beginning Budgetary Fund Balance $ 8.063,440 $ 10,947,790 $ 11.854,503 $ 9,846.343 $ 11,459,298 $ 11,910,248 $ 17,909,783 $ 22,407,088 $ 23,764,751
Ending Budgetary Fund Balance s 10,947,790 $ 11,854,503 s 10,606,231 $ 11,459,298 $ 11,910,248 s 12,439,898 s 22,999,049 s 24,492,881 s 23,724,259

37