Page 116 - CityofMansfieldFY23Budget
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CITY OF MANSFIELD, TEXAS
BUILDING CONSTRUCTION
BUDGET SUMMARY
2022/2023
ACTUAL BUDGET BUDGET
2020/2021 2021/2022 2022/2023
Beginning Net Assets $ 13,760,605 $ 17,693,965 $ 17,693,965
Additions:
Bond Proceeds - Net 9,233,444 32,450,000 31,000,000
Prior Year Funds - 997,425 5,127,429
Interest 515 - -
Transfers In 10,482 - -
Other Income 32,058 - -
Total 9,276,499 33,447,425 36,127,429
Assets Available 23,037,104 51,141,390 53,821,394
Deductions:
Bond Issuance Costs 133,446 - -
Project Appropriations 5,209,693 33,447,425 36,127,429
Total 5,343,139 33,447,425 36,127,429
Ending Net Assets $ 17,693,965 $ 17,693,965 $ 17,693,965
The fund balance increase in FY2020-2021 in the Building Construction Fund was due to bond proceeds.
*Budget is Adopted and Final Budget.
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