Page 117 - City of Mansfield FY22 Operarting Budget
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CITY OF MANSFIELD, TEXAS
EQUIPMENT REPLACEMENT
BUDGET SUMMARY
2021/2022
ACTUAL BUDGET BUDGET
2019/2020 2020/2021 2021/2022
Beginning Net Assets $ 1,451,406 $ 4,247,248 $ 4,247,248
Additions:
Bond Proceeds - Net 4,048,550 1,214,720 -
Transfer in - 1,535,772 1,924,648
Sale of City Property 24,075 - -
Miscellaneous Revenue 188,578 - -
Interest 42 - -
Total 4,261,245 2,750,492 1,924,648
Assets Available 5,712,651 6,997,740 6,171,896
Deductions
Equipment 1,465,403 2,750,492 1,924,648
Total 1,465,403 2,750,492 1,924,648
Ending Net Assets $ 4,247,248 $ 4,247,248 $ 4,247,248
Bonds were issued in FY20 to purchase fire trucks and ambulances in preparation for the opening of Fire
Station #6. Due to the significant lag time between ordering and delivery of these vehicles, the expenses
were not incurred in FY20. The ending fund balance remained 192% higher than the beginning balance.
*Budget is Adopted and Final Budget.
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