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ADOPTED | BUDGET

Facilities/Construction Management Fund FY 2022/2023 Adopted Budget

Revenues / Resources

The FY 2022/2023 adopted revenues are $3,324,599. This is an increase from the FY 2021/2022
Adopted Budget of $271,281 or 8.9%. Below are the revenue highlights.

 $156,871 increase in transfers from the General, Utility, and Park Development Fund to
fund increased facility costs for the year.
 $159,907 increase in Appropriation of Fund Balance to balance the fund.
 ($38,400) decrease to Rent from Rental Properties resulting from having fewer rental
properties owned by the city.

Expenditures

The FY 2022/2023 adopted expenditures in the Facilities/Construction Management Fund are
$3,324,599. This is a decrease from the FY 2021/2022 Adopted Budget by $271,281 or 8.9%.
Below are the expenditure highlights.

 $155,998 increase in Building Services primarily driven by facility maintenance projects
planned in the FY 2022/2023 budget.
 $80,506 increase in expense for one full-time HVAC Technician position.
 $62,000 increase in expense for a transfer out to Fleet Services Fund for one new vehicle.

 $59,000 increase to the Transfer to Capital Projects to meet the capital outlay needs
presented in the FY 2022/2023 Adopted Capital Budget.

 $50,801 increase in expense for FY 2022/2023 Merit/Market salary adjustment.

Balance

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

66 NRH | TEXAS