Page 136 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 Capital Project Funds

STREET ASSESSMENTS FUND

The City ceased assessing for street repairs in 1999. There are unpaid assessments for 25 projects
that were completed prior to that time. Revenues from these accounts are unpredictable and can
vary significantly especially with commercial properties. Revenue is received when the sale of
property that triggers assessment payment plus penalty that is due. There is no appropriation
budgeted for FY2022.

STREET ASSESSMENTS FUND
BUDGET SUMMARY

Actual Adopted Projected Adopted
FUND 39 FY2021 FY2022 FY2022 FY2023

Fund Balance, Beginning 24,478 24,582 24,572 24,677

Revenues
Interest from Investments 94 100 105 100
Total Revenues 94 100 105 100

Funds Available 24,572 24,682 24,677 24,777

Expenditures
Transfer to General Fund - - - -
Total Expenditures - - - -

Fund Balance, Ending 24,572 24,682 24,677 24,777

Street Assessments Fund Ending Fund Balance
$30,000

$22,500
$15,000

$7,500

$0
Actual 2021 Adopted 2022 Projected 2022 Proposed 2023