Page 54 - Pantego FY23 Budget

TOWN OF PANTEGO
CAPITAL PROJECT FUNDS
STATEMENT OF REVENUES AND EXPENDITURES
STREET IMPROVEMENTS CONSTRUCTION FUND (500)
FOR FY 2022/2023 BUDGET
2021‐2022 2021‐2022 2022‐2023
2019‐2020 2020‐2021 ADOPTED Y-T-D 2021‐2022 PROPOSED
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2022 YE ESTIMATE BUDGET
ESTIMATED
BEGINNING FUND BALANCE $ 588,720 $ 211,384 $ 359,194 $ 359,194 $ 359,194 $ 618,695

REVENUES
111.00 Sales Tax $ 326,355 $ 351,572 $ 340,080 $ 278,480 $ 376,159 $ 376,159
901.00 Interest Income 4,155 241 400 950 4,000 6,500
TOTAL REVENUES $ 330,510 $ 351,813 $ 340,480 $ 279,430 $ 380,159 382,659

EXPENDITURES
353.00 Street Sweeping - - 3,500 - 3,500 3500
475.00 ROW Maintenance 3,810 4,000 7,000 2,800 4,500 7000
3,810 4,000 10,500 2,800 8,000 10,500

Phase 2 Streets 145,220 - - -
Mistletoe Lane Project 191,074 - -
241.00 General Street Repairs - 31,452 125,000 - - 200,000
480.00 LED Traffic Signal Heads 75,000 100,000
479.10 County Mill & overlay - - 125,000 -
478.60 Pavement Marking 25,000 - 50,000
485.00 Traffic Signal Winewood/Bowen 67,422 - - -
Garner/Smithbarry Project 196,588 57,831 - -
Other Capital Outlay
TOTAL EXPENDITURES $ 604,114 $ 93,283 $ 360,500 $ 2,800 $ 8,000 $ 360,500
OTHER USES
Transfer Out $ 103,732 $ 110,720 $ 112,658 $ 83,040 $ 112,658 $ 125,268

TOTAL EXPENDITURES AND
OTHER USES $ 707,846 $ 204,003 $ 473,158 $ 85,840 $ 120,658 $ 485,768

ESTIMATED CHANGE IN FUND BALANCE $ (377,336) $ 147,810 $ (132,678) $ 193,590 $ 259,501 $ (103,110)

ESTIMATED ENDING FUND BALANCE $ 211,384 $ 359,194 $ 226,516 $ 552,784 $ 618,695 $ 515,585

ADOPTED BUDGET FY2022-23 TOWNOFPANTEGO.COM/BUDGET PAGE 52