Page 94 - Pantego FY22 Operating Budget

Town of Pantego
Interfund Transfers Detail
Fiscal Year 2021-2022 Budget

Water & Sewer Street Capital Court
General Operating Improvement Project Security
Fund Fund Fund Fund Fund

Transfer from Water & Sewer Operating $ 428,962 $ (428,962)
Fund to the General Fund
Transfer is for General Fund labor costs
relating to the Water & Sewer Fund
operations

Transfer from Street Improvement Fund 112,658 $ (112,658)
to the General Fund
Transfer is for General Fund labor
costs relating to Street Maintenance

Transfer from General Fund
to the Capital Project Fund
for equipment replacement $ -

Transfer from Court Security Fund - $ -
to the General Fund
Transfer is to cover approx. 40% of one
(1)Warrant Officer's salary for Court
security responsibilities

Total Interfund Transfers $ 541,620 $ (428,962) $ (112,658) $ - $ -

Town of Pantego
Transfers from Component Unit
Pantego Economic Development Corporation (PEDC)
Fiscal Year 2019-2020 Budget

General PEDC
Fund

Transfer From Pantego Economic Development $ 249,276 $ (249,276)
To the General Fund
Transfer is for General Fund costs
incurred by Town of Pantego for staff
labor
Transfer From Pantego Economic Development 12,000 (12,000)
To the General Fund
Transfer is for Community Relations Board
Board (CRB) expenses

Total PEDC Transfers to General Fund $ 261,276 $ (261,276)

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