Page 114 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 Special Revenue Funds

PEG FUND

PEG stands for Public, Education and Government. This fund was established in Fiscal Year
2014 to segregate the portion of the cable franchise fee that must be used to support the City’s
government access channel.

PEG FUND
BUDGET SUMMARY

Actual Adopted Projected Adopted
FUND 20 FY2021 FY2022 FY2022 FY2023

Fund Balance, Beginning 398,882 446,082 460,657 507,857

Revenues
Public Education and Government Fee 60,527 50,000 50,000 50,000
Interest Income 1,248 6,000 2,200 3,000
Total Revenues 61,775 56,000 52,200 53,000

Funds Available 460,657 502,082 512,857 560,857

Expenditures
Operations Expenditures - 5,000 5,000 5,000
Total Expenditures - 5,000 5,000 5,000
Fund Balance, Ending 460,657 497,082 507,857 555,857

PEG Fund Ending Fund Balance

$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
Actual 2021 Adopted 2022 Projected 2022 Proposed 2023