Page 137 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Capital Project Funds

STREET ASSESSMENTS FUND

The City ceased assessing for street repairs in 1999. There are unpaid assessments for 25 projects
that were completed prior to that time. Revenues from these accounts are unpredictable and can
vary significantly especially with commercial properties. Revenue is received when the sale of
property that triggers assessment payment plus penalty that is due. There is no appropriation
budgeted for FY2022.

STREET ASSESSMENTS FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 39 FY2020 FY2021 FY2021 FY2022

Fund Balance, Beginning 24,058 24,477 24,477 24,582

Revenues
Assessment Revenue - - - -
Interest from Investments 419 500 105 100
Total Revenues 419 500 105 100

Funds Available 24,477 24,977 24,582 24,682

Expenditures
Transfer to General Fund - - - -
Total Expenditures - - - -

Fund Balance, Ending 24,477 24,977 24,582 24,682

Street Assessments Fund Ending Fund Balance

$30,000

$22,500

$15,000

$7,500

$0
Actual 2020 Adopted 2021 Projected 2021 Proposed 2022