Page 8 - Richland Hills FY22 Annual Budget

FY 2021-2022 PROPOSED BUDGET

FY 2022 TO FY 2022 TO
GENERAL FUND REVENUES FY 2020 FY 2021 FY 2022 FY 2021 FY 2021
SUMMARY ACTUAL ADOPTED PROPOSED $ CHANGE % CHANGE

PROPERTY TAXES $ 2,624,551 $ 2,630,568 $ 2,808,490 $ 177,922 6.8%
SALES TAXES 3,367,227 3,012,045 3,500,000 487,955 16.2%

LIQUOR TAXES 1,640 1,750 1,750 - 0.0%

FRANCHISE FEES 566,748 520,000 517,000 (3,000) -0.6%

FINES & FORFEITURES 405,410 465,150 402,700 (62,450) -13.4%
LICENSES & PERMITS 383,037 148,130 152,500 4,370 3.0%
CHARGES FOR SERVICES 456,088 306,850 275,850 (31,000) -10.1%
MISCELLANEOUS REVENUES 857,746 57,000 74,800 17,800 31.2%
TOTAL REVENUES $ 8,662,447 $ 7,141,493 $ 7,733,090 $ 591,597 8.3%

FY 2022 TO FY 2022 TO
GENERAL FUND EXPENDITURES FY 2020 FY 2021 FY 2022 FY 2021 FY 2021
SUMMARY ACTUAL ADOPTED PROPOSED $ CHANGE % CHANGE

MUNICIPAL COURT $ 248,936 $ 260,667 $ 273,050 12,383.00 4.8%
ADMINISTRATION 497,501 610,611 602,569 (8,042.00) -1.3%
POLICE 1,696,307 1,750,292 1,809,261 58,969.00 3.4%
FIRE 2,383,508 1,850,255 2,054,793 204,538.00 11.1%

STREETS 158,081 224,470 291,129 66,659.00 29.7%

LIBRARY 342,273 386,248 384,827 (1,421.00) -0.4%

RECREATION 179,574 198,410 276,213 77,803.00 39.2%
PARKS & GROUNDS 162,926 256,546 249,655 (6,891.00) -2.7%

COMMUNITY DEVELOPMENT 461,422 353,968 384,427 30,459.00 8.6%

ANIMAL CONTROL 163,586 174,125 180,617 6,492.00 3.7%

LEGISLATIVE (CITY SECRETARY) 168,891 185,722 177,156 (8,566) -4.6%
NON-DEPT $ 547,726 $ 652,645 $ 616,841 (35,804.00) -5.5%
TOTAL EXPENDITURES $ 7,010,731 $ 6,903,959 $ 7,300,538 $ 396,579 5.74%

Transfers Out $ 711,404 $ 379,690 $ 423,311 43,621
BEGINNING FUND BALANCE $ 2,966,213 $ 3,912,570 $ 4,989,186

ENDING FUND BALANCE $ 3,912,570 $ 3,770,414 $ 4,998,427
90 DAYS RESERVE AMOUNT $ 2,041,219 $ 1,702,346 $ 1,800,133
AMOUNT OVER/(UNDER) RESERVE REQUIREMENTS $ 1,871,351 $ 2,068,068 $ 3,198,294
*FY 2020 ACTUALS ARE AUDITED NUMBERS/FY 2022 BEGINNING FUND BALANCES ARE AMENDED FY2021 PROJECTIONS

City of Richland Hills 2