Page 37 - City of Westworth Village FY22 Budget

37

Economic Development Fund Details

Actual Actual Actual Adopted Projected Proposed
ACCT 2018 2019 2020 2021 2021 2022
Economic Development Sales Tax Fund (WRA) Revenue

Sales Tax
08-500-520010 WRA Sales Tax $ 264,107 $ 297,520 $ 307,815 $ 300,310 $ 300,310 $ 326,166
Total Sales Tax $ 264,107 $ 297,520 $ 307,815 $ 300,310 $ 300,310 $ 326,166

Additional Revenue
08-500-525011 Interest Earned $ 2,525 $ 3,339 $ 1,213 $ 3,000 $ 200 $ 1,000

Total Additional Revenue $ 2,525 $ 3,339 $ 1,213 $ 3,000 $ 200 $ 1,000
Miscellaneous Revenue
08-500-565001 Misc Revenue $ 780 $ 843 $ 49,926 $ 850 $ 300,000 $ 100,000
08-500-565010 Sale of WRA Property $ - $ - $ - $ - $ - $ -
08-500-565011 Transfer from WRA Money Market $ 450,000 $ 450,000 $ 450,000
Total Miscellaneous Revenue $ 780 $ 843 $ 49,926 $ 450,850 $ 750,000 $ 550,000

Total WRA Revenue $ 267,412 $ 301,702 $ 358,955 $ 754,160 $ 1,050,510 $ 877,166
Economic Development Sales Tax Fund (WRA) Expenses

Building Parks & Landscape Expenses
Payroll
08-607-610001 Salaries $ 52,863 $ 80,588 $ 86,650 $ 81,500 $ 81,500 $ 60,590
08-607-610002 TMRS Retirement $ 7,650 $ 11,548 $ 11,304 $ 11,000 $ 11,000 $ 6,077
08-607-610003 Workers Compensation $ 2,039 $ 2,606 $ 2,260 $ 2,650 $ 2,650 $ 2,047
08-607-610004 Unemployement Comp $ 324 $ 377 $ 21 $ 400 $ 400 $ 288
08-607-610005 Group Health Insurance $ 10,585 $ 20,873 $ 20,677 $ 21,000 $ 21,000 $ 8,700
08-607-610006 Medicare $ 853 $ 1,294 $ 1,268 $ 1,300 $ 1,300 $ 932
08-607-610008 Overtime Pay $ 630 $ 11,023 $ 8,835 $ 3,700 $ 5,000 $ 3,245
08-607-610009 Cell Phone Allowance $ - $ 840 $ 840 $ 980 $ 980 $ 420
08-607-610011 Certification Pay $ 300 $ 300 $ 300 $ 300 $ -
08-607-610013 Holiday Pay $ 1,300 $ 779
Total Payroll $ 74,944 $ 129,450 $ 132,154 $ 124,130 $ 124,130 $ 83,077

Equipment
08-607-625001 Equipment $ 850 $ - $ 642 $ 10,000 $ 10,000 $ 10,000
08-607-625004 Equipment Maintenance $ 307 $ 1,500 $ - $ 500 $ 500 $ 500
08-607-625007 Small Tools $ - $ 500 $ - $ 500 $ 500 $ 500
08-607-625008 City Parks $ 450,000 $ 450,000 $ 550,000
Total Equipment $ 1,157 $ 2,000 $ 642 $ 461,000 $ 461,000 $ 561,000

Professional Services
08-607-630017 City Landscape Maintenance $ - $ - $ 19,800 $ 30,000 $ 30,000 $ 60,000
08-607-6300XX Storage space; equipment/records $ 26,000

Total Professional Services $ - $ - $ 19,800 $ 30,000 $ 30,000 $ 86,000
Vehicle Expense
08-607-640001 Gasoline $ 50 $ 2,000 $ 115 $ 2,000 $ 2,000 $ 2,000
08-607-640002 Vehicle/Equipment Maint $ 523 $ 500 $ - $ 500 $ 500 $ 500
Total Vehicle Expense $ 573 $ 2,500 $ 115 $ 2,500 $ 2,500 $ 2,500

www.cityofwestworth.com