Page 8 - Pantego FY23 Budget

OTHER REVENUE SOURCES – Transfers In. Other revenue sources include total inter-fund transfers
to the General Fund budgeted at $904,477 for Fiscal Year 2022-2023. The inter-fund transfers include
$460,609 from the Enterprise Fund (Water and Sewer Fund), $318,600 from the Pantego Economic
Development Corporation and $125,268 from the Street Improvement Fund. The Court Security Fund
has not been making a transfer the past few years as funds were depleted in FY2019. Once the Fund has
sufficient balances it will again make a transfer, but this is expected to take some time. Furthermore, the
funds currently available in this fund, as mentioned will be utilized this year to fund a portion of the Court
move and remodel. These transfers are made to the General Fund to recover labor cost and other
associated administrative expenses related to the activities of these funds.

EXPENDITURES – Proposed total operating expenditures for the General Fund are $5,968,655 15.4%
or $795,007 more than current adopted Budget expenditures of $5,173,648, largely in part to the added
cost of the three new Public Safety employees as well as budgeted increases in Health, Worker’s
Compensation, and liability insurance rates, as well as market adjustment changes to employee pay.

General Fund expenditures are divided into functions/departments and categories.

The six (6) major functions/departments are:

- General and Administrative (City Manager, City Secretary, Finance, and Human Resources)
- Public Works (Utility Billing, Streets/Drainage, Parks and Recreation, Animal Services,
Planning, Zoning, Permits, Licenses, Code Enforcement)
- Police Department (Public Safety)
- Fire Department (Public Safety)
- Municipal Court
- Non-Departmental (Community Relations Board and Special Events)

The six (6) categories include:

- Personnel Services
- Contractual Agreements
- Supplies and Maintenance
- Utilities and Gasoline
- Training, Dues and Miscellaneous
- Capital

Expenditure – Highlights

The following notable changes were made in this year’s General Fund proposed expenditure Budget:

Personnel: This category increased 16.8% or $691,342 compared to FY22. Again, as previously
mentioned, this increase is due to the addition of the three new Public Safety employees as well as
increases in insurance costs, and market adjustment changes to employee pay.

Contractual Agreements: This category increased by 5.3% or $22,137 mainly due to an increase to our
IT programming and maintenance expenditure.

Supplies and Maintenance: This category increased by 15.5% or $43,540 mainly due to inflationary
pressures regarding these types of expenditures.

ADOPTED BUDGET FY2022-23 TOWNOFPANTEGO.COM/BUDGET PAGE 6