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ADOPTED | BOOK

Total FY 2022/2023 General Fund expenditures are projected to be $57,947,278. This is an 8.2%
or $4,383,230 increase from the FY 2021/2022 Adopted Budget. Below are the expenditure
highlights.

 $2,000,000 increase in Non-departmental cost due to the first-year payment for TexRail train
service.
 $994,425 increase for Public Safety employee Merit/Market adjustment.
 $921,631 increase for general employee Merit/Market adjustment.
 ($768,963) decrease in transfer in the debt service transfer due to existing debt being self-
supported for FY2022/23.
 $215,807 increase in inflationary cost.
 $459,522 increase in personnel expenditures to fund (or partially fund) the addition of the
following new full-time positions:
o Communications Coordinator
o Street Supervisor
o Code Enforcement Officer
o Planning Technician
o Cybersecurity Analyst position
o Fire Mechanic/Technician
o HVAC Technician
o Engineer Associate

Utility Fund

The FY 2022/2023 adopted revenues in the Utility Fund are $41,429,302. This is an increase from
the FY 2021/2022 Adopted Budget by $1,967,979 or 5.0%. Below are the revenue highlights.

 $157,071 increase in Sewer Treatment Charges due to an increase in the sewer pass
through rate.
 $364,476 increase in Water Charges due to an increase in the water pass through rate.
 $123,600 increase in the Joint Use Reimbursement charge to the City of Watauga.
 $1,418,872 increase in Appropriation of Fund Balance to balance the fund.

The FY 2022/2023 adopted expenditures in the Utility Fund are $41,429,302. This is an increase
from the FY 2021/2022 Adopted Budget of $1,967,979 or 5.0%. Below are the expenditure
highlights.

 $914,573 increase in purchase of water due to an increase in rates charged by the city’s
water service providers.
 $319,402 increase in sewer treatment costs due to an increase in rates charged by the city’s
sewer treatment providers.
 $795,000 increase in Transfer to Capital Projects Fund.
 $496,134 increase in Debt Service.
 ($776,331) decrease in Planned Contribution to Fund Balance. In the upcoming year, there
was not an excess of revenues over expenses to establish this contribution.
 $516,115 increase in personnel expenditures which consists of market/merit adjustments
and new position allocations.

22 NRH | TEXAS