Page 134 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Capital Project Funds

STREET RECONSTRUCTION FUND

The Street Reconstruction fund is to track revenues and expenditures devoted to street construction,
repair, mill and overlay and reconstruction projects. The Street Reconstruction Fund receives 3/8
cents allocation of the City’s Sales Tax.

STREET RECONSTRUCTION FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 31 FY2020 FY2021 FY2021 FY2022

Fund Balance, Beginning 14,541,400 18,772,145 18,772,145 21,846,630

Revenues
Sales Tax 2,875,661 2,720,057 2,720,057 2,747,258
Interest Income 256,572 275,000 83,189 275,000
Bond Proceeds 6,159,778 5,250,000 5,250,000 5,250,000
Other Revenues - - 135,958 -
Total Revenues 9,292,011 8,245,057 8,189,204 8,272,258

Funds Available 23,833,411 27,017,202 26,961,349 30,118,888

Expenditures
Engineering 80,186 - 4,378 -
Street Reconstruction Projects 3,503,664 6,065,000 3,755,341 4,895,000
Utility Portion of Capital Projects - - - -
Mill & Overlay 413,623 400,000 400,000 430,000
Other Operating Cost 163,793 95,000 55,000 95,000
Transfer to General Fund - Streets 900,000 900,000 900,000 900,000
Total Expenditures 5,061,266 7,460,000 5,114,719 6,320,000

Fund Balance, Ending 18,772,145 23,002,889 21,846,630 23,798,888

Street Reconstruction Fund Expenditures

$8
$6
Millions $4

$2

$0
Actual 2020 Adopted 2021 Projected 2021 Proposed 2022