Page 112 - City of Mansfield FY22 Operarting Budget
P. 112
CITY OF MANSFIELD, TEXAS
WATER & SEWER CONSTRUCTION
BUDGET SUMMARY
2021/2022
ACTUAL BUDGET BUDGET
2019/2020 2020/2021 2021/2022
Beginning Net Assets $ 12,679,552 $ 28,797,282 $ 28,797,282
Additions:
Prior Year Funding - 15,828,588 15,363,577
Impact Fees 4,879,935 1,100,000 1,500,000
Interest 77,279 - -
Transfer In 12,076,375 - -
Other Income 226 - -
Total 17,033,815 16,928,588 16,863,577
Assets Available 29,713,367 45,725,870 45,660,859
Deductions:
Project Appropriations 916,085 16,928,588 16,863,577
Total 916,085 16,928,588 16,863,577
Ending Net Assets $ 28,797,282 $ 28,797,282 $ 28,797,282
The FY20 fund balance increased 127% because of a transfer in from the Water & Sewer operating fund.
The City has been able to use impact fees and cash to fund Water & Sewer construction projects.
*Budget is Adopted and Final Budget.
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