Page 120 - City of Watauga FY22 Adopted Budget

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

W/S Joint Use Library Municipal W/S Sewer
Facility Fund EDC Capital Fleet ILA Donation PEG Fee Fund Court Funds Traffic Safety Grant Funds GO Debt Service Debt Service Combined Total
46 Projects 05 Fund 21 Fund 23 24 25/26/27/29 Fund 28 10, 12 Fund 03 42/44 All Funds
Estimated Beginning
Resources $1,237,613 $29,835 $12,061 $51,889 $78,652 $236,579 $14,513 $0 $732,136 ($30,258) $39,624,648
Estimated Revenues
Taxes / Assessments 2,968,000 9,332,500
Sales Tax 6,542,000
Licenses and Permits 569,000
Franchise Fees 30,000 827,000
Intergovt Revenue 502,600
Charges for Service 55,000 11,243,358
Fines & Forfeitures 49,200 - 614,100
Interest on Investments - 500 - 100 500 250 500 - 5,000 - 134,850
Grant Revenue 271,000 1,783,500
Miscellaneous 6,000 - 776,650
Operating Transfer In 60,000 - - 147,078 1,760,000 3,190,378
Revenues 60,000 500 55,000 6,100 30,500 49,450 ‐ 271,000 3,120,078 1,760,000 35,515,936
Total Available Resources 1,297,613 30,335 67,061 57,989 109,152 286,029 14,513 271,000 3,852,214 1,729,742 75,140,583
Estimated Expenditures

City Manager 246,920
City Secretary/Admin 333,505
City Attorney 285,000
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 50,580 449,835
Library 10,700 957,200
Rec & Comm Svc 431,890
Parks 623,170
Police - 6,219,780
Fire / EMS 3,138,330
Public Works 1,146,485
Public Works - Fleet 38,400 262,470
Non-Departmental - - - 1,557,275
Information Technology 654,780
Billing & Collection 535,160
Water Operations 2,812,415
Wastewater Operations 2,439,135
Grant Expenditures 271,000 271,000
CARES/CLFRF Grant xfer ‐
Operating Transfer Out - - - - - 3,190,378
Sub Total Operating ‐ ‐ 38,400 10,700 50,580 ‐ ‐ ‐ ‐ 27,507,178
Capital Projects/Equip ‐ 10,000 ‐ 36,000 ‐ 20,753,512
Debt Service
Principal Payments 2,510,000 1,160,000 3,737,000
Interest Payments 632,060 562,199 1,194,259
Fiscal Agent Fees 1,600 1,000 2,600
Sub Total Debt Service ‐ ‐ ‐ ‐ ‐ ‐ 3,143,660 1,723,199 4,933,859
Total Expenditures ‐ 10,000 38,400 10,700 36,000 50,580 ‐ 271,000 3,143,660 1,723,199 53,194,549
Change in Fund Balance 60,000 (9,500) 16,600 (4,600) (5,500) (1,130) ‐ ‐ (23,583) 36,801 (17,678,614)
Est. Ending Resources $1,297,613 $20,335 $28,661 $47,289 $73,152 $235,449 $14,513 $0 $708,554 $ 6,543 $21,946,034
$ Requirement $0 $0 $0 $0 $0 $0 $0 $0 $264,000 $0 $6,880,317
%Policy Requirement 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
OVER/UNDER REQUIRE $1,297,613 $20,335 $28,661 $47,289 $73,152 $235,449 $14,513 $0 $444,554 $ 6,543 $15,065,717
FUND BALANCE CHANGE % 4.8% -31.8% 137.6% -8.9% -7.0% -0.5% 0.0% 0.0% -3.2% -121.6% -44.6%

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