Page 139 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Capital Project Funds

WATER AND SEWER IMPACT FEES FUND

Developers are required to pay a fee for each new residential or commercial construction site.
These fees are dedicated to fund improvements that must be made as a result of the additional
demand placed on the water and sewer system that is caused by the new development.

WATER AND SEWER IMPACT FEES FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 44 FY2020 FY2021 FY2021 FY2022

Cash & Investments, Beginning $ 1,759,961 $ 2,210,011 $ 2,210,011 $ 2,510,011

Revenues
Water Impact Fees 185,853 175,000 175,000 175,000
Sewer Impact Fees 284,050 225,000 250,000 225,000
Interest Income 28,490 35,000 10,000 35,000
498,393 435,000 435,000 435,000

Funds Available 2,258,354 2,645,011 2,645,011 2,945,011

Expenses
Impact Fee Study 48,343 417,932 135,000 182,000
Others - - - -
Total Expenses 48,343 417,932 135,000 182,000

Adjustments

Cash & Investments, Ending $ 2,210,011 $ 2,227,079 $ 2,510,011 $ 2,763,011

Water and Sewer Impact Fees Fund Expenses

$500,000

$400,000
$300,000

$200,000
$100,000

$0
Actual 2020 Adopted 2021 Projected 2021 Proposed 2022