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ADOPTED | BUDGET

Changes in Fund Balance

The City of North Richland Hills has a policy of maintaining within the General Fund a minimum
unassigned fund balance to operate the City for a period of 60 days or 15% of the following year’s
appropriated budget expenditures. The policy was established to protect the City from unexpected
emergencies and provide resources during times when the economy underperforms.
The Fund Balance Summary shown on the previous page illustrates an audited beginning fund
balance as of September 30, 2021 for all appropriated funds. The summary shows estimated
changes (increases or decreases) occurring during FY 2021/22 and FY 2022/23.

Following is a summary of changes occurring from FY 2021/22 to FY 2022/23.

General Fund (Unreserved/Undesignated)
FY2021/2022 FY2022/2023
Appropriation of Fund Balance increased $658,497 $62,972 is anticipated to be added to
to $1466,460 for the annual encumbrance roll reserves in FY2022/23.
associated with prior year expenditures being
delayed as well as the replacement of Voice over IP
(VOIP) phones in the telecommunications network
throughout the city. Contribution to reserves is
anticipated to be $2,173,920. $752,060 is
anticipated to be added to Fund Balance.

General Fund Designated for Municipal Court Technology, Security, and JCM
FY2021/2022 FY2022/2023
There was an appropriation of $39,000 from Court In FY 2022/2023 there is anticipated to be
Technology. Revenues of $170,562 was brought in. a net draw down of $25,025, which is a
$57,562 was used for court security, and $60,000 result of an increase in appropriation of
was used for Juvenile Case Management. $14,000 Court Technology designated fund
is anticipated to the net increase in designated fund balance which was partially offset by an
balance. increase of 6,000 in estimated Court
Technology Revenue.

General Fund Designated for Franchise Peg Fees
FY2021/2022 FY2022/2023
An additional $119,000 is projected to be added to An additional $47,269 is projected to be
the funds reserves in FY 2021/2022. added to the funds reserves in FY
2022/2023.

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