Page 58 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 General FUND

GENERAL FUND
BUDGET SUMMARY
Actual Adopted Projected Proposed
FUND 01 FY2020 FY2021 FY2021 FY2022
Fund Balance, Beginning $9,856,856 $14,504,211 $14,504,211 13,531,833
Revenues
Property Taxes 10,565,146 10,263,788 10,881,968 10,924,286
Sales & Other Taxes 10,539,418 10,156,136 11,041,000 11,481,000
Franchise Fees 3,896,316 3,648,000 3,339,685 3,548,000
Licenses & Permits 1,741,964 1,596,414 1,240,750 954,050
Charges For Services 1,363,912 1,658,046 1,319,890 1,620,546
Fines and Fees 723,692 916,720 722,025 734,620
Other Revenues 2,273,449 703,569 666,575 703,569
Transfers 1,550,196 1,546,000 1,536,250 1,943,000
Total Revenues 32,654,093 30,488,673 30,748,143 31,909,071

Funds Available 42,510,949 44,992,884 45,252,354 45,440,904
Expenditures
City Manager's Office 582,330 546,301 600,700 605,725
City Secretary 225,349 244,385 253,557 264,662
City Council 20,964 24,280 18,650 38,880
Finance 449,478 560,349 688,288 679,499
Human Resources 441,955 578,461 570,460 640,168
Planning & Community Development 677,995 1,080,616 1,071,215 1,171,456
Information Technology 852,893 866,655 846,941 1,020,445
Animal Services 0 0 0 407,802
Fleet Services 542,608 763,211 757,505 846,276
Building Maintenance 578,943 600,380 584,475 1,266,476
Police 9,577,756 9,977,946 9,895,963 10,492,477
Fire 6,954,469 7,428,729 7,266,860 8,472,864
Municipal Court 506,333 562,207 540,654 593,155
Street & Drainage 1,128,293 1,292,599 1,192,668 1,424,280
Parks & Recreation 1,672,252 2,073,923 1,883,469 2,155,504
Library 1,062,511 1,182,552 1,169,247 1,073,634
EDC 0 556,000 416,010 587,777
Non-Departmental 2,082,604 900,079 2,713,858 3,048,385
Transfers 650,004 1,806,000 1,250,000 1,458,500
Total Expenditures 28,006,738 31,044,673 31,720,521 36,247,965
ANNUAL SURPLUS / (DEFICIT) 4,647,355 (556,000) (972,378) (4,338,894)
Fund Balance, Ending $14,504,211 $13,948,212 $13,531,833 9,192,939
FUND BALANCE BREAKDOWN
Ending Fund Balance $14,504,211 $13,948,212 $13,531,833 9,192,939
Reserved for Encumbrances/Inventory (210,000) (210,000) (210,000) (210,000)
Unreserved Fund Balance $14,294,211 $13,738,212 $13,321,833 8,982,939
Reserve Policy is 20% of Expenditures $5,601,348 $6,208,935 $6,344,104 7,249,593
Amount over (under) Reserve Policy $8,692,863 $7,529,277 $6,977,729 1,733,346
% of Total Expenditures 51% 44% 42% 25%

General Fund - Unreserved Ending Fund Balance
$16,000,000

$12,000,000

$8,000,000

$4,000,000

$0
Actual 2020 Adopted 2021 Projected 2021 Proposed 2022