Page 114 - City of Mansfield FY22 Operarting Budget
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CITY OF MANSFIELD, TEXAS
BUILDING CONSTRUCTION
BUDGET SUMMARY
2021/2022
ACTUAL BUDGET BUDGET
2019/2020 2020/2021 2021/2022
Beginning Net Assets $ 3,667,343 $ 13,760,605 $ 13,760,605
Additions:
Bond Proceeds - Net 13,267,475 7,208,875 32,450,000
Interest 15,842 - -
Prior Year Funds - - 997,425
Total 13,283,317 7,208,875 33,447,425
Assets Available 16,950,660 20,969,480 47,208,030
Deductions:
Project Appropriations 3,190,055 7,208,875 33,447,425
Total 3,190,055 7,208,875 33,447,425
Ending Net Assets $ 13,760,605 $ 13,760,605 $ 13,760,605
The significant fund balance increase in FY20 in the Building Construction Fund was due to bond
proceeds.
*Budget is Adopted and Final Budget.
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