Page 248 - City of Watauga FY22 Adopted Budget

SPECIAL REVENUE FUNDS

TRAFFIC SAFETY – FUND 28

This fund is to account for civil or administrative penalties to no more than $75 and late
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penalties to no more than $25. Legislation passed by the 80 Texas Legislature
allowed a local government entity to use a photographic traffic signal enforcement
system. One-half the net revenue from this fund is remitted to the Texas Comptroller for
deposit into a Regional Trauma Account. The City’s traffic signal enforcement system
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was established December, 2010. In June, 2019 during the 86 Legislature, the traffic
signal enforcement system was eliminated with HB1631. Funding for traffic safety
programs are now covered by the City’s General Fund.

HISTORY PROJECTED YEAR
2018-2019 2019-2020 2020-2021 2020-2021
Actual Actual Budget Projected

Fund Balance, October 1 $ 468,390 $ 642,675 $351,485 $353,613
Revenues:
Traffic Safety Fee 847,307 0 0 0
Other Revenue 0 0 0 0
Interest Earnings 3,106 2,626 500 700
Operating Revenues $ 850,413 $ 2,626 $ 500 $ 700

Total Available Resources $ 1,318,803 $ 645,301 $ 351,985 $ 354,313

Expenditures:
Personnel/Training Expenses 156,865 289,420 342,750 333,200
Supplies & Equipment 7,824 2,268 7,100 6,600
Other Equipment 8,455 0 0 0
Traffic Safety Fees 162,500 0 0 0
Total Operating Expenditures 335,644 291,688 349,850 339,800

Operating Transfers-Out
To Gen Fund 0 0
To State Trauma Center 340,483 0 0 0
Total Operating Transfers-Out 340,483 0 0 0

TOTAL OPERATING & TRANSFERS $ 676,127 $ 291,688 $ 349,850 $ 339,800

Fund Balance, September 30 $642,675 $353,613 $2,135 $14,513

CHANGE IN FUND BALANCE $ 174,285 $ (289,062) ($349,350) ($339,100)

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