Page 45 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Budget overview

WHERE THE MONEY GOES - BY EXPENDITURE TYPE

Actual EOY Estimated Budget Change from FY2021 to FY2022
Expenditure FY2020 FY2021 FY2022 Amount Percent
Personnel $25,659,389 $28,303,981 $31,183,389 $2,879,408 10%
Operations $20,630,205 $23,760,579 $25,838,458 $2,077,878 9%
Capital Outlay $8,438,210 $11,277,433 $32,005,946 $20,728,513 184%
Debt Service $6,644,477 $9,091,173 $9,859,266 $768,093 8%
Transfers $11,195,939 $10,748,658 $12,034,913 $1,286,255 12%
Total $72,568,219 $83,181,824 $110,921,972 $27,740,147 33%

Personnel – This includes salaries and benefits for all full time and part time employees. The
increase is due to a market adjustment in salaries and new positions.

Operations – Increase in operation cost is due to decision packages added this year to help
the departments perform their duties with a maximum efficiency. in addition, in FY2021 each
department made special efforts to lower operational expenses. Operational expenses include
supplies, maintenance, and contracts for the operations of the City.

Capital Outlay – Expenditures in capital project funds and capital purchases are capital outlays.
The increase is due to new capital projects in parks, streets, water and sewer, continuing
construction of Fire Station 3 and starting construction of the new Law Enforcement Center.

Debt Service – This includes both general government debt service and proprietary debt
service. Funds containing debt service are General Fund, Water and Sewer Fund, and Drainage
Fund.

Transfers - The increase is due to the amounts transferred to cover debt service payments,
Capital Project operations and related debt.

FY2022 All FundsTotal Expenditure $110,921,972

$31,183,389 $32,005,946
$25,838,458

$12,034,913
$9,859,266

Personnel Operations Capital Outlay Debt Service Transfers