Page 54 - Forest Hill FY22 Annual Budget

SUMMARY OF REVENUES, EXPENDITURES, OTHER FINANCING SOURCES AND USES, & CHANGES IN
FUND BALANCE
FY 2021-2022
Actual Budget Estimate Proposed
2019-20 2020-21 2020-21 2021-22
COMMUNITY DEVELOPMENT (CIVIC CENTER)
Personnel 174,707 90,200 90,200 51,597
Materials and Supplies 627 1,100 I, 100 1,100
Other Services $0 25,000
Travel and Training 99 350 350 450
TOTAL COMMUNITY DEVELOPMENT 175,432 91,650 91,650 78,147
NON DEPARTEMENTAL
Personnel 5,182 77,500 77,500 87,000
Materials and Supplies 1,717 1,000 1,000 5,000
Other Services 359,654 779,500 779,500 918,500
Travel and Training $0
TOTAL NON DEPARTEMENTAL 366,552 858,000 858,000 1,010,500
TOTAL EXPENDITURES $ 9,261,190 $ 10,300,765 $ 10,300,765 $ 10,831,922

EXCESS ( DEFICIENCY) OF REVENUES OVER (UNDER)
EXPENDITURES $ (148,354) $ (1,359,265) $ ( I ,359 ,265) $ (885,822)

OTHER FINANCING SOURCES (USES)
TRANSFER FROM HOT FUND $ 64,000 $ 65,000 $ 65,000 $ 65,000
TRANSFER FROM FHEDC FUND 100,000 150,000 150,000 150,000
TRANSFER FROM WWW FUND 500,000 500,000 500,000 500,000
TRANSFER FR COMM DEV CORP TO GENERAL FUND
TRANSFERS FROM JUVENILE CASE MGR FUND 2,494 3,500 3,500 3,500
TRANSFERS FROM MOTEL FUND
TRANSFERS FROM W&S UTILITY FUND
TRANSFERS FROM STREET IMPROVEMENT FUND 85,000 85,000 85,000 85,000
TRANSFERS FROM SANITATION FUND 62,000 65,000 65,000 65,000
TRANSFERS FROM STORM DRAINAGE FUND 40,000 40,000 40,000 40,000
TRANSFER TO MEMORIAL PARK FUND-99 (5,190) (4,000) (4,000) (4,000)
TRANSFER TO STREET IMPROVEMENT FUND (264,751) (250,000) (250,000) (250,000)
SALE OF ASSETS PROCEEDS
CAPITAL LEASE PROCEEDS
INSURANCE PROCEEDS
NET TOTAL OTHER FINANCING SOURCES (USES) $ 583,553 $ 654,500 $ 654,500 $ 654,500

EXCESS OF REVENUES AND OTHER FINANCING
SOURCES OVER (UNDER) EXPENDITURES AND OTHER
FINANCING USES $ 435,199 $ (704,765) $ (704,765) $ (231,322)

BEGINNING FUND BALANCE, OCTOBER 1 $ 1,675,356 $ 2,100,555 $ 2, I 10,555 $ 1,405,790
ENDING FUND BALANCE, SEPTEMBER 30 $ 2,110,555 $ 1,395,790 $ 1,405,790 $ 1,174,468
NUMBER OF DAYS IN RESERVE 83 49 50 40

EXPENDITURE PER DAY
25,373 28,221 28,221 29,676

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