Page 148 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Capital Project Funds

DRAINAGE FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 45 FY2020 FY2021 FY2021 FY2022

Cash & Investments, Beginning $972,058 $801,229 $801,229 825,532

Revenues
Drainage Fee Revenues 1,787,718 1,665,000 1,664,727 1,665,000
Penalty Revenues 28,151 15,000 36,000 30,000
Interest Income 20,335 20,000 5,700 20,000
Total Revenues 1,836,204 1,700,000 1,706,427 1,715,000

Cash & Investments Available 2,808,262 2,501,229 2,507,656 2,540,532

Expenses
Drainage Maintenance 535,038 585,444 564,562 848,851
Debt Service 37,980 278,796 278,796 277,208
Non Departmental 619,157 709,487 713,566 772,430
Billing Fee to Water Fund 35,196 35,200 35,200 35,200
Transfer to General Fund 120,000 - 120,000 120,000
Transfer to Drainage Capital Project Fund 905,004 250,000 250,000 320,000
Total Expenses 2,252,375 1,858,927 1,962,124 2,373,689

Non-cash adjustments:
Depreciation/Amortization/Other $245,341 $280,000 $280,000 280,000

Cash & Investments, Ending $801,229 $922,302 $825,532 446,843

Increase in Cash & Investments ($170,829) $121,073 $24,303 (378,689)

Ending Cash & Investments as a % of 36% 50% 42% 19%
Total Expenses (City Policy is 20%)

Drainage Fund Ending Cash and Investments

$1,000,000

$750,000

$500,000

$250,000

$0
Actual 2020 Adopted 2021 Projected 2021 Proposed 2022