Page 14 - Trophy Club FY22 Budget

TOWN OF TROPHY CLUB, TEXAS
Annual Program of Services

FY 2021 $ CHANGE FY22
Revenues FY 2019 FY 2020 ACTUAL AMENDED FY 2021 FY 2022 Proposed to % CHANGE % OF TOTAL
ACTUAL ESTIMATE APPROVED
BUDGET FY21 Budget

Property Tax $ 6,746,579 $ 7,031,351 $ 7,220,000 $ 7,226,000 $ 7,680,000 $ 460,000 6.4% 62.5%
Licenses and Permits 499,301 479,513 235,000 255,000 165,000 (70,000) -29.8% 1.3%
Franchise Fees 911,738 850,543 852,816 829,000 820,000 (32,816) -3.8% 6.7%
Sales Tax 1,023,120 1,158,083 1,110,000 1,260,000 1,311,800 201,800 18.2% 10.7%
Fines and Fees 307,976 128,166 282,600 312,428 307,090 24,490 8.7% 2.5%
Intergovernmental (MUD) 674,452 718,657 820,031 820,031 898,700 78,669 9.6% 7.3%
Charges for Service 764,283 806,109 788,029 788,761 814,818 26,789 3.4% 6.6%
Investment Income 206,601 75,137 72,000 20,000 24,000 (48,000) -66.7% 0.2%
Miscellaneous Income 223,973 286,732 122,104 200,900 186,000 63,896 52.3% 1.5%
Grant Revenue 167,787 743,066 220,879 225,000 85,000 (135,879) -61.5% 0.7%
Total Revenues $ 11,525,810 $ 12,277,357 $ 11,723,459 $ 11,937,120 $ 12,292,408 $ 568,949 4.9% 100.0%

FY 2021 $ CHANGE FY22
Expenditures FY 2019 FY 2020 ACTUAL AMENDED FY 2021 FY 2022 Proposed to % CHANGE % OF TOTAL
ACTUAL ESTIMATE APPROVED
BUDGET FY21 Budget
Manager's Office $ 1,161,520 $ 682,231 $ 872,190 $ 899,739 $ 806,864 $ (65,326) -7.5% 6.7%
Legal 127,898 102,606 126,350 117,831 126,350 - 0.0% 1.1%
Police 2,483,871 2,500,524 2,818,042 2,818,012 3,050,230 232,188 8.2% 25.5%
Emergency Medical Services 1,085,046 1,189,692 1,381,048 1,302,409 1,389,308 8,260 0.6% 11.6%
Fire 1,303,324 1,256,964 1,445,298 1,347,045 1,449,197 3,899 0.3% 12.1%
Streets 191,463 192,608 227,010 210,150 240,279 13,269 5.8% 2.0%
Parks 1,486,965 1,396,880 1,610,338 1,496,540 1,547,203 (63,135) -3.9% 12.9%
Recreation 588,666 391,583 662,702 577,926 758,119 95,417 14.4% 6.3%
Community Events 35,625 14,867 33,383 20,847 38,511 5,128 15.4% 0.3%
Community Development 568,239 491,941 653,324 528,672 419,112 (234,212) -35.8% 3.5%
Finance 526,601 601,249 548,293 523,720 573,158 24,865 4.5% 4.8%
Municipal Court 66,879 77,456 76,639 51,512 38,140 (38,499) -50.2% 0.3%
Human Resources 428,739 428,851 323,362 293,190 318,613 (4,749) -1.5% 2.7%
Communications & Marketing - - 173,932 160,413 180,553 6,621 3.8% 1.5%
Information Services 575,037 584,793 655,957 598,575 669,668 13,711 2.1% 5.6%
Facilities Maintenance 319,018 336,161 345,452 325,019 373,721 28,269 8.2% 3.1%
Total Expenditures $ 10,948,892 $ 10,248,405 $ 11,953,321 $ 11,271,600 $ 11,979,026 $ 25,705 0.2% 96.9%

FY 2021 $ CHANGE FY22
Other Sources (Uses) FY 2019 FY 2020 ACTUAL AMENDED FY 2021 FY 2022 Proposed to % CHANGE
ACTUAL ESTIMATE APPROVED
BUDGET FY21 Budget
Lease Proceeds $ - $ - $ - $ - $ - $ - NA
Transfers In 91,500 91,500 91,500 91,500 158,500 67,000
Transfers Out 542,639 271,320 1,000,000 1,000,000 927,040 (72,960)
Total Other Sources (Uses) $ (451,139) $ (179,820) $ (908,500) $ (908,500) $ (768,540) $ (5,960) 0.7%

FY 2021 $ CHANGE FY22
Fund Balance FY 2019 FY 2020 ACTUAL AMENDED FY 2021 FY 2022 Proposed to % CHANGE
ACTUAL ESTIMATE APPROVED
BUDGET FY21 Budget
Beginning Fund balance $ 5,440,518 $ 5,256,436 $ 6,988,719 $ 6,988,719 $ 6,702,518 $ (286,201)
Net Increase (Decrease) 125,779 1,732,283 (1,138,362) (242,980) (455,158) 683,204
Ending Fund Balance $ 5,566,297 $ 6,988,719 $ 5,850,357 $ 6,745,739 $ 6,247,360 $ 397,002 6.8%

12 FY22 Approved Budget