Page 16 - CityofHaltomFY23Budget

The Water and Sewer department is funded by water and sewer rates and not the General Fund. The
Water and Sewer Rate Study has been a project over the last two-three years and will be implemented
during the 2022-2023 budget year. The new rate structure will be more in line with industry standards
and billing methods. The study will also help give us a 5-year outlook and plan revenue requirements to
support operations and future Capital Improvement Projects.

BUDGET SUMMARY

Operating expenditures for FY 2022-2023 total $84,194,907. This total is $3,788,061 or 5% more than
the previous fiscal year’s adopted budget.

Adopted Adopted
Budget Budget Increase/ Change
Fund 2022 FY2023 (Decrease) Percent
Operating Funds
General Fund $36,247,965 $39,823,837 3,575,872 10%
Debt Service Fund 7,632,397 7,480,549 (151,848) -2%
Special Revenue Funds
Economic Development Fund 0 0 0
Crime Control District Fund 2,429,335 2,225,013 (204,322) -8%
Oil and Gas Fund 293,413 0 (293,413) -100%
Hotel/Motel Tax Fund 44,836 44,872 36 0%
Court Security Fund 15,000 15,000 0 0%
Court Technology Fund 32,000 32,000 0 0%
Juvenile Case Manager Fund 49,000 25,000 (24,000) -49%
Red Light Camera Fund 148,500 68,000 (80,500) -54%
Grant Fund 155,701 151,500 (4,201) -3%
PEG Fund 5,000 5,000 0 0%
Fire Donation Fund 6,548 6,548 0 0%
Library Donation Fund 36,500 123,842 87,342 239%
Police Forfeiture Fund 16,000 16,000 0 0%
Park Donation Fund 74,341 40,500 (33,841) -46%
Park Dedication Fund 26,650 85,000 58,350 219%
Safe Pathways Fund 0 0 0
Animal Shelter Fund 5,000 5,000 0 0%
Police Donation Fund 27,500 30,500 3,000 11%
Police CART Fund 1,000 1,000 0 0%
Water & Sewer Fund 30,786,471 31,237,606 451,135 1%
Drainage Utility Fund 2,373,689 2,778,140 404,451 17%
Total Operating Funds $80,406,846 $84,194,907 $3,788,061 5%

Capital Improvements

The FY 2022-2023 Capital Improvement Budget totals $53,342,500 which is $22,827,374 more than last
year’s budget. Major increases are the new City Hall, additional street reconstruction projects, Water &
Sewer projects, and the construction of the new Law Enforcement Center. Just like other capital projects
that take time, these will continue to cross over budget years until their completion.

Water & Sewer projects will include Big Fossil, Denise, Denton Hwy – Broadway to Glenview and