Page 125 - City of Watauga FY22 Adopted Budget

COMBINED SUMMARY OF REVENUE AND EXPENDITURES (3 YEAR)
ALL CITY FUNDS

DEBT SERVICE FUNDS INTERNAL SERVICE FUND NON MAJOR GOVT FUNDS ALL CITY FUNDS TOTAL
FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 FY2020 FY2021 FY2022
ACTUAL ESTIMATE BUDGET ACTUAL ESTIMATE BUDGET ACTUAL ESTIMATE BUDGET ACTUAL ESTIMATE BUDGET
Estimated Beginning Resources $656,885 $729,008 $704,678 $2,095,530 $1,789,726 $1,494,612 $3,958,118 $4,430,842 $3,834,084 $43,725,781 $42,145,888 39,624,648
Estimated Revenues
Taxes / Assessments 2,611,918 2,747,000 2,968,000 8,685,757 8,913,500 9,332,500
Sales Tax 2,957,687 2,585,958 2,424,000 5,982,337 5,810,958 6,542,000
Licenses and Permits - 501,024 714,800 569,000
Franchise Fees 38,403 34,000 30,000 890,200 802,000 827,000
Intergovt Revenue - - - - 503,500 502,600 502,600
Charges for Service 92,460 92,460 92,460 8,204 47,000 55,000 10,829,471 10,758,960 11,243,358
Fines & Forfeitures 42,429 47,200 49,200 602,432 581,350 614,100
Interest on Investments 11,652 2,000 5,000 36,586 10,000 10,000 45,847 13,650 7,350 610,761 256,850 134,850
Grant Revenue 1,076,398 829,203 271,000 1,076,398 829,203 1,783,500
Miscellaneous 30,538 57,000 75,000 4,586,841 5,449,200 776,650
Operating Transfer In 1,701,265 1,756,503 1,907,078 174,500 89,000 110,000 70,000 - - 2,807,034 2,781,484 3,190,378
Total Current Year
Revenues 4,324,835 4,505,503 4,880,078 303,546 191,460 212,460 4,269,506 3,614,011 2,911,550 37,075,755 37,400,905 35,515,936
- -
Total Available Resources 4,981,720 5,234,511 5,584,756 2,399,076 1,981,186 1,707,072 8,227,624 8,044,853 6,745,634 80,801,536 79,546,793 75,140,583
Estimated Expenditures -
City Manager/City Secretary 35,000 963,662 1,101,710 865,425
Building 745,456 870,590 834,540
Human Resources 140,457 176,660 222,980
Development Services 221,591 328,145 200,120
Economic Dev./Strategic Inn. 94,008 123,183 112,390 161,152 153,183 142,390
Finance 43,477 41,450 50,580 838,649 874,105 1,002,255
Library - 4,700 10,700 762,199 846,450 957,200
Rec & Comm Svc 572,072 246,340 431,890
Parks - - - 551,012 555,255 623,170
Police 1,789,817 1,862,100 1,590,000 5,641,059 5,803,480 6,219,780
Fire / EMS 2,172,524 2,488,463 3,138,330
Public Works 1,004,662 895,160 1,146,485
Fleet Services 9,143 34,000 38,400 188,324 235,690 262,470
Non-Departmental 1,395 8,000 8,000 1,805,584 1,652,005 1,557,275
Information Technology 406,470 476,730 654,780
Billing & Collection 517,607 508,030 535,160
Water Operations 2,721,419 2,687,698 2,812,415
Wastewater Operations 2,367,821 2,161,400 2,439,135
Grant Expenditures 1,076,398 829,203 271,000 1,076,398 829,203 271,000
Operating Transfer Out - - 324,470 408,134 431,878 2,496,284 2,782,634 3,190,378
Sub Total Operating - - - 3,338,708 3,310,770 2,547,948 25,354,402 25,672,931 27,507,178
Capital Projects/Equip 688,367 486,574 308,700 458,077 900,000 936,000 9,265,318 9,616,308 20,753,512
Debt Service
Principal Payments 2,980,000 3,315,000 3,670,000 3,062,853 3,398,000 3,737,000
Interest Payments 1,269,914 1,212,632 1,194,259 1,269,914 1,212,632 1,194,259
Fiscal Agent Fees 2,800 2,200 2,600 2,800 2,200 2,600
Sub Total Debt Service 4,252,714 4,529,832 4,866,859 4,335,567 4,612,832 4,933,859
Total Expenditures 4,252,714 4,529,832 4,866,859 688,367 486,574 308,700 3,796,785 4,210,770 3,483,948 38,955,287 39,902,071 53,194,549

Change in Fund Balance 72,121 (24,329) 13,219 (384,821) (295,114) (96,240) 472,721 (596,759) (572,398) (1,879,532) (2,501,166) (17,678,614)
Est. Ending Resources $729,006 $704,679 $717,897 $1,710,709 $1,494,612 $1,398,372 $4,430,839 $3,834,083 $3,261,686 41,846,249 39,644,722 21,946,034
Non-major funds include Economic Development Corporation Sales tax Fund, Crime Control District Sales Tax Fund,
Library Donation Fund, Street Maintenance Fund, Municipal Court Funds, Traffic Safety Fund and Grant Funds.

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