Page 42 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 Budget overview

SUMMARY OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE
ALL CAPITAL PROJECT FUNDS (CITY-WIDE)

Street Capital Capital Street Water and Drainage
Reconstruction Improvement Replacement Assessments Sewer Capital Impact Fees Capital Total
Fund
Fund Fund Fund Fund Projects Fund Projects Fund

Beginning Balance $30,846,964 $25,918,297 $1,092,877 $24,677 $23,823,619 $3,138,320 $1,268,643 $86,113,397
BUDGETED REVENUES
Property Taxes - - - - - - - -
Sales & Other Taxes 2,967,039 - - - - - - 2,967,039
Franchise Fees - - - - - - - -
Licenses/Permits/Fees - - - - - 425,000 - 425,000
Intergovernmental Revenues - - - - - - - -
Charges For Service - - - - - - - -
Fines & Fees - - - - - - - -
Bond Proceeds 300,000 - - - - - 5,000,000 5,300,000
Miscellaneous Revenues 100,000 35,000 3,000 100 60,000 10,000 13,000 221,100
Interfund Transfers - 600,000 850,000 - 7,400,000 - 770,000 9,620,000

TOTAL REVENUES 3,367,039 635,000 853,000 100 7,460,000 435,000 5,783,000 18,533,139
BUDGETED EXPENDITURES
Personnel - - - - - - - -
Operations 438,000 - - - - 230,000 100,000 768,000
Capital Outlay 6,135,000 20,477,000 850,000 - 12,735,000 - 6,327,500 46,524,500
Debt Service 150,000 - - - - - - 150,000
Interfund Transfers 5,900,000 - - - - - - 5,900,000
TOTAL EXPENDITURES 12,623,000 20,477,000 850,000 - 12,735,000 230,000 6,427,500 53,342,500
Ending Balance $21,591,003 $6,076,297 $1,095,877 $24,777 $18,548,619 $3,343,320 $624,143 $51,304,035

WHERE THE MONEY COMES FROM - BY REVENUE TYPE

Actual EOY Estimated Budget Change from FY2022
Revenue FY2021 FY2022 FY2023 to FY2023 Percent
Property Taxes $18,045,011 18,680,354 19,019,805 $339,451 2%
Sales & Other Taxes 17,473,386 17,268,266 18,187,758 919,492 5%
Franchise 3,540,544 3,498,349 3,536,220 37,871 1%
Licenses & Permits 1,750,536 1,349,598 1,977,450 627,852 47%
Intergovernmental 85,959 397,176 424,690 27,514 7%
Charges For Service 25,985,959 25,268,329 27,433,922 2,165,593 9%
Fines & Fees 1,504,595 793,320 801,620 8,300 1%
Bond Proceeds 6,370,903 40,250,000 5,300,000 (34,950,000) N/A
Other 6,844,792 1,561,743 1,007,769 (553,974) -35%
Transfers 10,798,642 11,004,046 11,147,500 143,454 1%
Total $92,400,327 $120,071,181 $88,836,734 ($31,234,447) -26%