Page 121 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Special Revenue Funds

PARK DEDICATION FUND

This City has a Park Dedication Ordinance which requires developers of any residential property in
the City to either dedicate park land or pay cash in lieu of land dedication. Money received must
be used for park development and park improvements.

PARK DEDICATION FUND
BUDGET SUMMARY

Actual Adopted Projected Adopted
FUND 25 FY2020 FY2021 FY2021 FY2022

Fund Balance, Beginning $161,520 $195,707 $195,707 165,904

Revenues
Developer Contributions 43,150 0 0 0
Interest Income 3,306 3,500 831 800
Total Revenues 46,456 3,500 831 800

Funds Available 207,976 199,207 196,538 166,704

Expenditures
Operations Expenditures 12,269 151,394 30,634 26,650
Total Expenditures 12,269 151,394 30,634 26,650

Fund Balance, Ending $195,707 $47,813 $165,904 140,054

Park Dedication Fund Ending Fund Balance

$200,000

$150,000

$100,000

$50,000

$0
Actual 2020 Adopted 2021 Projected 2021 Proposed 2022