Page 98 - PowerPoint Presentation

Rent and Utilities – ($93,394)
Based on tiered rent schedule for the town hall. The total rental payment is allocated 70%
General Fund, and 15% each to the Utility Fund and the Visitors Association Fund.

Services – ($213,400)
Conservatively projected to be consistent from prior year revised as historical and projected
data for economic activity this upcoming fiscal year.

Travel and Training - ($7,250)
No increase in projected in-person training and travel this upcoming fiscal year.

Transfer Out- ($1,500,000)
No increase in projection from prior year revised budget. The transfer out is due to debt service
from the 4B Economic Development Fund 200.

FUND BALANCE
The combined ending fund balance is projected to be $773K.
 4B Economic Development Fund 200 is projected to be $0
 Economic Development Fund 210 is projected to be $0
 Local Public Improvement District 215 is projected to be $372K
 Visitors Association Fund 220 is projected to be $136K
 Public Arts Fund 225 is projected to be $250K
 Lone Star Public Fund 418 is projected to be $15K

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