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APPROVED BUDGET FISCAL YEAR 2022-2023
SPECIAL PROJECTS CAPITAL FUND
The Special Projects Fund was created as a funding source for relatively expensive and non-
recurring capital projects and capital equipment not included in the maintenance and operations
budget of City departments. Funding is provided by transfers primarily from the annual General
Fund savings. All expenditures from this fund must be authorized by the City Manager or the
Hurst City Council. The Special Projects Fund allows for pay-as-you-go purchases to minimize the
level of tax-support debt.
EST. FUND BALANCE OCTOBER 1, 2022
Policy Reserve $8,000,000
Other Reserves, Commitments and Assignments 18,150,000 $26,150,000
REVENUES
Interest Earnings $180,000
Transfer from General Fund 1,500,000 $1,680,000
TOTAL FUNDS AVAILABLE $27,830,000
EXPENDITURES
CAPITAL IMPROVEMENT PROGRAM & OTHER EXPENDITURES
CIP Projects $2,850,000
Special Events, Infrastructure
Maintenance, 4,600,000 $7,450,000
Economic Development, Public Safety
Enhancements,
& Other Expenditures
TOTAL EXPENDITURES $7,450,000
EST. FUND BALANCE SEPTEMBER 30, 2023 $20,380,000
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