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ADOPTED | BUDGET




          General Debt Service Fund FY 2022/2023 Adopted Budget


          Revenues / Resources

          The FY 2022/2023 revenues in the General Debt Service Fund are $14,457,762 which is 9.2% or
          $1,217,764 more than the FY 2021/2022 Adopted Budget. Below are the revenue highlights.

                $1,176,715 increase in property tax revenues to support the anticipated debt service
                 payments required for FY 2022/2023 to support capital projects.
                 ($768,963) decrease in the transfers from the funds that are self-supporting.


          Expenditures

          The FY 2022/2023, expenditures in the General Debt Service Fund are projected to be
          $14,457,762 an increase over FY 2021/2022 by 9.2% or $1,217,764. Below are the expenditure
          highlights.

                $1,217,764 increase in C.O.’s, and G.O.’s due mainly to the issuance of bonds for the
                 street bond program that was approved by voters in November 2020.

          Balance

          The adopted budget for FY 2022/2023 reflects an ending balance of $0.





































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