Page 138 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 Capital Project Funds

WATER AND SEWER IMPACT FEES FUND

Developers are required to pay a fee for each new residential or commercial construction site.
These fees are dedicated to fund improvements that must be made as a result of the additional
demand placed on the water and sewer system that is caused by the new development.

WATER AND SEWER IMPACT FEES FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 44 FY2021 FY2022 FY2022 FY2023

Cash & Investments, Beginning 2,242,029 2,510,011 2,823,320 3,138,320

Revenues
Water Impact Fees 252,334 175,000 175,000 200,000
Sewer Impact Fees 394,223 225,000 250,000 225,000
Interest Income 4,754 35,000 10,000 10,000
651,310 435,000 435,000 435,000

Funds Available 2,893,339 2,945,011 3,258,320 3,573,320

Expenses
Impact Fee Study 70,019 182,000 120,000 230,000
Others - - -
Total Expenses 70,019 182,000 120,000 230,000

Adjustments

Cash & Investments, Ending 2,823,320 2,763,011 3,138,320 3,343,320

Water and Sewer Impact Fees Fund Expenses
$300,000

$200,000

$100,000

$0
Actual 2021 Adopted 2022 Projected 2022 Proposed 2023