Page 11 - Microsoft Word - ORD XXX-2022 Approving Budget for FY2023 09192022.docx

Fund 03 City of Haslet Fund 03
Type B HCEDC Summary Type B HCEDC
FY 2022-2023

FY 2022 FY 2023
CURRENT PROJECTED PROPOSED
Account Name BUDGET YEAR END BUDGET

PROFESSIONAL SERVICES/CHARGES
Legal Fees $ 10,000 $ 10,000 $ 10,000
Engineering $ 10,000 $ 10,000 $ 10,000
IT Support $ 2,000 $ 2,000 $ 2,000
Consultants $ - $ - $ -
Studies $ - $ - $ -
Subtotal $ 22,000 $ 22,000 $ 22,000

DUES/SUBSCRIPTIONS/TRAINING
Meetings $ 3,000 $ 3,000 $ 3,000
Training $ 3,000 $ 3,000 $ 9,000

Travel Expense $ 5,000 $ 5,000 $ -
Gen Memberships $ 5,000 $ 5,000 $ 1,100
Subtotal $ 16,000 $ 16,000 $ 13,100

CAPITAL OUTLAY
Grant $ 30,000 $ 30,000 $ 30,000
Incentives $ - $ - $ -
Future Projects $ - $ - $ -
Subtotal $ 30,000 $ 30,000 $ 30,000
Total Administration $ 166,127 $ 158,095 $ 114,700

EXPENDITURES - MARKETING
Memberships $ 10,000 $ 10,000 $ -
Conferences $ 10,000 $ 10,000 $ -
Collateral Materials $ 5,000 $ 5,000 $ 5,000
Misc. Marketing $ 35,000 $ 35,000 $ -
Ad Design & Advertising $ 10,000 $ 10,000 $ 5,000
Allies Day $ 5,000 $ 5,000 $ -

Total Marketing $ 75,000 $ 75,000 $ 10,000
EXPENDITURES - CAPITAL PROJECTS

Westport Parkway $ - $ 145,000 $ -
TAP Shared Use Path $ - $ - $ -
Community Park Impr $ - $ - $ -
Hurley Street Parking Lot $ - $ - $ 175,000
Total Capital Projects $ - $ 145,000 $ 175,000

EXPENDITURES - DEBT SERVICE
Principal Payment $ 120,000 $ 120,000 $ 130,000
Interest Expense $ 158,250 $ 158,250 $ 152,250
Reserve Fund $ - $ - -
Total Debt Service $ 278,250 $ 278,250 $ 282,250

Total Expenditures $ 4,521,267 $ 4,658,235 $ 623,840
Ending Resources $ 634,785 $ 1,705,495 $ 2,107,776

ORD No. 017-2022 Page 11 of 30