Page 117 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 Special Revenue Funds

POLICE FORFEITURE FUND

Resources for this fund are provided through the sale of property confiscated from illegal drug
activities. The money is used by the Police Department to further reduce criminal activities in the
City. Some of the purchases made possible with these funds have been tactical uniforms and
equipment, raid jackets (for detectives), a mobile data terminal and a negotiator’s telephone.

POLICE FORFEITURE FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 23 FY2021 FY2022 FY2022 FY2023
Fund Balance, Beginning 64,282 63,768 65,979 65,465

Revenues
Awarded Property Revenue 14,266 18,000 14,266 18,000
Interest Income 273 220 220 250
Total Revenues 14,539 18,220 14,486 18,250
Funds Available 78,821 81,988 80,465 83,715

Expenditures
Operations Expenditures 12,842 16,000 15,000 16,000
Total Expenditures 12,842 16,000 15,000 16,000

Fund Balance, Ending 65,979 65,988 65,465 67,715

Police Forfeiture Fund Ending Fund Balance

$75,000

$50,000

$25,000

$0
Actual 2021 Adopted 2022 Projected 2022 Proposed 2023