Page 65 - Cover 3.psd

ADOPTED | BUDGET

Facilities/Construction Management Fund

The Facilities & Construction Management Fund accounts for maintenance, upkeep and
improvement to city facilities. The fund is supported by a service charge assessed to the major
operating funds.

Facilities/Construction Management Fund FY 2021/2022 Revised Budget

Revenues / Resources

The revised revenues for FY 2021/2022 are $3,206,967. This is $153,649 or 5.0% above the FY
2021/2022 Adopted Budget. Below are the revenue highlights.

 $51,649 increase in Appropriation of Fund Balance for the annual encumbrance roll.
 $106,149 increase to balance out the fund and designate funding for upcoming approved
projects.
 ($4,150) decrease to Interest Income based on estimated cash on hand that will be
available for investing.

Expenditures

The revised expenditures for FY 2021/2022 are $3,206,967. This is $153,649 or 5.0% above the
FY 2021/2022 Adopted Budget. Below are the expenditure highlights.

 $50,859 increase in overall expenses resulting from prior year encumbrances. Prior year
encumbrances consist of purchase orders for purchases approved in the FY 2020/2021
Adopted Budget but due to timing of receipt will be paid for in the current fiscal year.

Balance

The revised budget for FY 2021/2022 reflects and ending balance of $0.

65 NRH | TEXAS