Page 58 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 General Fund

GENERAL FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 01 FY2021 FY2022 FY2022 FY2023
Fund Balance, Beginning 14,503,763 13,531,833 21,129,174 19,260,912
Revenues
Property Taxes 10,931,132 10,924,286 11,375,000 11,805,499
Sales & Other Taxes 12,023,325 11,481,000 12,245,000 12,794,100
Franchise Fees 3,480,017 3,548,000 3,448,349 3,486,220
Licenses & Permits 1,518,133 954,050 1,120,150 1,282,450
Charges For Services 1,358,061 1,620,546 1,380,500 1,608,546
Fines and Fees 1,023,827 734,620 734,620 734,620
Other Revenues 4,628,510 703,569 622,712 591,269
Transfers 1,544,246 1,943,000 1,543,000 1,519,000
Total Revenues 36,507,251 31,909,071 32,469,331 33,821,704
Funds Available 51,011,014 45,440,904 53,598,505 53,082,615
Expenditures
City Manager's Office 560,875 605,725 605,725 637,763
City Secretary 248,381 264,662 264,662 266,857
City Council 19,918 38,880 38,880 44,880
Finance 524,482 679,499 719,899 800,112
Human Resources 487,956 640,168 640,168 678,428
Planning & Community Development 998,341 1,171,456 1,171,456 1,075,372
Information Technology 842,345 1,020,445 1,018,320 1,097,731
Animal Services 5,693 407,802 401,242 416,509
Fleet Services 762,637 846,276 779,650 985,724
Building Maintenance 456,517 1,266,476 1,066,476 1,270,620
Police 9,591,392 10,492,477 10,455,325 10,915,387
Fire 7,226,951 8,349,789 8,252,994 8,263,820
Emergency Managemment 98,466 123,075 123,075 499,521
Municipal Court 500,243 593,155 580,155 572,643
Street & Drainage 1,068,597 1,424,280 1,359,465 2,008,425
Parks & Recreation 1,754,381 2,155,504 2,107,394 2,388,869
Library 963,696 1,073,634 1,068,673 1,091,108
EDC 259,476 587,777 416,010 617,166
Non-Departmental 2,261,501 3,048,385 2,018,024 4,734,402
Transfers 1,249,992 1,458,500 1,250,000 1,458,500
Total Expenditures 29,881,840 36,247,965 34,337,593 39,823,837
ANNUAL SURPLUS / (DEFICIT) 6,625,411 (4,338,894) (1,868,262) (6,002,133)
Fund Balance, Ending 21,129,174 9,192,940 19,260,912 13,258,778
FUND BALANCE BREAKDOWN
Ending Fund Balance 21,129,174 9,192,940 19,260,912 13,258,778
Reserved for Encumbrances/Inventory (210,000) (210,000) (210,000) (210,000)
Unreserved Fund Balance 20,919,174 8,982,940 19,050,912 13,048,778
Reserve Policy is 20% of Expenditures 5,976,368 7,249,593 6,867,519 7,964,767
Amount over (under) Reserve Policy 14,942,806 1,733,347 12,183,393 5,084,011
% of Total Expenditures 70% 25% 55% 33%

General Fund - Unreserved Ending Fund Balance
$20,000,000
$16,000,000
$12,000,000
$8,000,000
$4,000,000
$0
Actual 2021 Adopted 2022 Projected 2022 Proposed 2023