Page 301 - City of Watauga FY22 Adopted Budget

SPECIAL REVENUE FUNDS
ECONOMIC DEVELOPMENT CORPORATION
BUDGET SUMMARY
FUND 05 - CAPITAL PROJECTS

HISTORY PROJECTED YEAR BUDGET BUDGET
2019-2020 2020-2021 2020-2021 2021-2022 2022-2023
Actual Budget Projected Forecast

Fund Balance, October 1 $244,179 $43,347 $38,835 $29,835 $20,335
Revenues:
Interest Earnings 989 1,000 1,000 500 500
Proceeds from Sale of Assets 0 0 0 0 0
Transfer from PDC Sales Tax Fund 0 0 0 0 0
Other Financing Sources 0 0 0 0 0
Matching Grants 0 0 0 0 0

Total Revenues $ 989 $ 1,000 $ 1,000 500 500

Total Available Resources $ 245,167 $ 44,347 $ 39,835 30,335 20,835
Expenditures:*
Shade Structure - BISD Park 0 0 0 0 0
Foster Village Improvements 0 0 0 0 0
Shade Structure - Indian Springs 0 0 0 0 0
Park Equipment (Picnic Pads, etc.) 0 0 0 0 0
Capp Smith Park Improvements 206,332 0 0 0 0
Capp Smith Improvements EDC 0 0 0 0 0
Contingency 0 40,000 10,000 10,000 15,000
Total Expenditures 206,332 40,000 10,000 10,000 15,000

Other Expenditures
Transfer to PDC Debt Service 0 0 0 0 0
Total Other Soures (Uses) 0 0 0 0 0

REVENUES OVER (UNDER) EXPENSES ($205,343) ($39,000) ($9,000) $ (9,500) $ (14,500)

Fund Balance, September 30 $38,835 $4,347 $29,835 $20,335 $5,835

CHANGE IN FUND BALANCE ($205,343) ($39,000) ($9,000) ($9,500) ($14,500)

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