Page 195 - CITY OF AZLE, TEXAS
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SPECIAL PURPOSE FUNDS – IN BRIEF

               REVENUES

               Street Maintenance  Fund  revenue  is  projected at  $693,600  including interest earnings.   This
               represents an  increase of  $67,850  from  the FY 2021-22  budget.   The  increase is based on
               recent trends  in  sales tax  collections  which have  remained  strong during  the  COVID-19
               pandemic.    The projected revenue added to  the  projected  beginning balance of $1,236,454
               provides $1,930,054 for various street reclamation and overlay projects in the coming year.

               Revenues in the Court Security Fund are estimated for the year at $11,000 which is an increase
               of $2,000 from the FY 2021-22 budget.  $80 in interest revenue is also budgeted.

               Court Technology Fund revenue is projected at $9,500 which is an increase of $1,500 from the
               FY 2021-22 budget.  $35 in interest revenue is also budgeted.

               Hotel/Motel Tax Fund  projected revenues  are  $25,350  including interest earnings.   Revenue
               projections are based on previous year occupancy rates.

               Cable PEG Fee Capital Projects Fund projected revenue for FY 2022-23 is $20,300 including
               interest revenue.

               EXPENDITURES

               Street Maintenance Fund expenditures  are projected at  $1,279,000  for various street
               reclamations  and overlay projects including  Green  Way, Roe Street, Locust Street, Church
               Street, and  Central Drive.   The ending balance of the fund  is projected at $651,054.    This
               represents  a  $585,400  (47.3%)  reduction  in  fund  balance  and  is  not  expected  to  negatively
               impact operations.

               Court Security Fund expenditures are projected at $7,500  to cover  overtime  pay for  police
               officers who act as bailiff during court proceedings

               Court Technology Fund expenditures are projected at $24,000 to cover computer system fees.

               No expenditures are proposed in the Hotel/Motel Tax Fund for the coming fiscal year.

               Cable PEG Fee Capital Projects Fund expenditures are projected at $50,000 for the installation
               of a video camera and streaming system that will allow the City to stream its public meetings
               over the internet.



















            City of Azle FY 2022-2023 Budget                                                                  184
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