Page 135 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 Capital Project Funds

CAPITAL REPLACEMENT FUND
The Capital Replacement Fund is for accumulation of resources for the purchase of vehicles,
machinery and equipment. Sources of fund are from transfers from other funds.

CAPITAL REPLACEMENT FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 35 FY2021 FY2022 FY2022 FY2023

Fund Balance, Beginning 724,115 975,278 1,089,877 1,092,877

Revenues
Interest Income 3,085 3,000 3,000 3,000
Proceeds from Capital Lease 30,903 - - -
Transfers 899,996 850,000 850,000 850,000
Total Revenues 933,984 853,000 853,000 853,000

Funds Available 1,658,099 1,828,278 1,942,877 1,945,877

Expenditures
Vehicles and Equipment 493,871 - - -
Leased Vehicle 74,350 850,000 850,000 850,000

Total Expenditures 568,221 850,000 850,000 850,000
Fund Balance, Ending 1,089,877 978,278 1,092,877 1,095,877

Capital Replacement Fund Expenditures
$1,000,000
$750,000

$500,000
$250,000

$0
Actual 2021 Adopted 2022 Projected 2022 Proposed 2023