Page 119 - City of Watauga FY22 Adopted Budget

COMBINED SUMMARY OF REVENUES AND EXPENDITURES
ALL CITY FUNDS FOR FISCAL YEAR 2021-2022

Strategic Crime Control Street
Initiative W/S Utility EDC Sales Tax District Sales Storm Drain Maintenance Capital Projects W/S Constr Internal Service
General Fund Fund 13 Fund 40 Fund 04 Tax Fund 18 Utility Fund 15 Fund 14 Fund 07 Fund 45 Fund 22
Estimated Beginning
Resources $6,176,396 $40,722 $1,923,296 $1,538,356 $801,335 $3,005,197 $1,096,619 $11,785,558 $9,386,928 $1,494,612
Estimated Revenues
Taxes / Assessments 6,364,500
Sales Tax 4,118,000 814,000 1,610,000 -
Licenses and Permits 569,000
Franchise Fees 797,000
Intergovt Revenue 502,600 - -
Charges for Service 776,000 8,839,898 1,480,000 92,460
Fines & Forfeitures 564,900
Interest on Investments 35,000 - 5,000 2,000 2,000 2,000 2,000 35,000 35,000 10,000
Grant Revenue 1,512,500
Miscellaneous 266,650 435,000 5,000 64,000 - - -
Operating Transfer In 788,300 - - - - - 185,000 140,000 110,000
Revenues 14,781,950 ‐ 9,279,898 821,000 1,676,000 1,482,000 2,000 1,732,500 175,000 212,460
Total Available Resources 20,958,346 40,722 11,203,194 2,359,356 2,477,335 4,487,197 1,098,619 13,518,058 9,561,928 1,707,072
Estimated Expenditures

City Manager 246,920 -
City Secretary/Admin 175,705 157,800
City Attorney 250,000 35,000
Public Works Bldg. Maint. 834,540 - - -
Human Resources 222,980
Public Works - Dev. Svcs. 200,120
Economic Development - 112,390
Strategic Initiative Projects 30,000
Finance 552,420
Municipal Court 399,255
Library 946,500
Rec & Comm Svc 431,890 -
Parks 623,170 - -
Police 4,629,780 1,590,000 - - -
Fire / EMS 3,138,330 - - -
Public Works 534,590 576,895 - 35,000 -

Public Works - Fleet 224,070 - -
Non-Departmental 733,615 702,180 - 113,480 8,000 -
Information Technology 548,590 106,190 - -
Billing & Collection 535,160 -
Water Operations 2,812,415
Wastewater Operations 2,439,135
Grant Expenditures
CARES/CLFRF Grant xfer
Operating Transfer Out 215,000 - 2,470,000 401,878 30,000 73,500 - - - -
Sub Total Operating 14,907,475 30,000 9,222,880 549,268 1,620,000 763,875 8,000 35,000 ‐ ‐
Capital Projects/Equip ‐ 2,937,111 900,000 9,536,500 7,025,201 308,700
Debt Service
Principal Payments 67,000
Interest Payments
Fiscal Agent Fees
Sub Total Debt Service ‐ ‐ ‐ ‐ ‐ ‐ 67,000 ‐ ‐
Total Expenditures 14,907,475 30,000 9,222,880 549,268 1,620,000 3,700,986 908,000 9,638,500 7,025,201 308,700
Change in Fund Balance (125,525) (30,000) 57,018 271,732 56,000 (2,218,986) (906,000) (7,906,000) (6,850,201) (96,240)
Est. Ending Resources 6,050,871 10,722 $1,980,314 $1,810,088 $857,335 $786,211 $190,619 $3,879,558 $2,536,727 $1,398,372
$ Requirement $3,726,869 $0 $2,305,720 $106,954 $324,000 $152,775 $0 $0 $0 $0
%Policy Requirement 25.00% 0.00% 25.00% 20.00% 20.00% 20.00% 0.00% 0.00% 0.00% 0.00%
OVER/UNDER REQUIRE $2,324,002 10,722 ($325,406) $1,703,134 $533,335 $633,436 $190,619 $3,879,558 $2,536,727 $1,398,372
FUND BALANCE CHANGE % -2.0% -73.7% 3.0% 17.7% 7.0% -73.8% -82.6% -67.1% -73.0% -6.4%

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