Page 46 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Budget overview

WHERE THE MONEY GOES - BY FUND TYPE

Actual EOY Estimated Budget Change from FY2021 to FY2022
Expenditure FY2020 FY2021 FY2022 Amount Percent
General Fund $28,006,738 $31,720,521 $36,247,965 $4,527,444 14%
Debt Service Fund $6,192,900 $6,896,262 $7,632,397 $736,135 11%
Special Revenue Fund $2,537,144 $2,818,986 $3,366,324 $547,338 19%
Capital Projects Fund $9,954,050 $12,503,750 $30,515,126 $18,011,376 144%
Water and Sewer Fund $23,870,354 $27,280,181 $30,786,471 $3,506,290 13%
Drainage Fund $2,007,034 $1,962,124 $2,373,689 $411,565 21%
Total $72,568,219 $83,181,824 $110,921,972 $27,740,148 33%

General Fund is the general operating fund of the City. It provides a broad spectrum of programs
and services such as police, fire, parks and recreation, public works and administrative services.

Debt Service Fund expenditures represent payments of principal, interest, and debt service-
related expenditures of general government debts.

Special Revenue Funds are used to account for revenue sources that are legally restricted to be
spent for specified purposes.

Capital Project Funds are used to account for all capital projects and major capital purchases.
The significant changes from year to year are due to various capital construction projects and
purchase of capital assets budgeted for each individual year.

Water and Sewer Fund provides water and sewer services to the City.

Drainage Fund is for recording revenues and expenses related to watershed and storm drainage
improvements. Some drainage capital projects were delayed due to the lack of funds and fund
balance within the Drainage Fund.

FY2022 All Funds Total Expenditure 110,921,972

$36,247,965
$30,515,126 $30,786,471

$7,632,397
$3,366,324 $2,373,689

General Fund Debt Service Fund Special Revenue Fund Capital Project Fund Water and Sewer Fund Drainage Fund