Page 238 - Watauga FY22-23 Budget

SPECIAL REVENUE FUNDS

TRAFFIC SAFETY – FUND 28

This fund is to account for civil or administrative penalties to no more than $75 and late
penalties to no more than $25. Legislation passed by the 80 Texas Legislature
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allowed a local government entity to use a photographic traffic signal enforcement
system. One-half the net revenue from this fund is remitted to the Texas Comptroller for
deposit into a Regional Trauma Account. The City’s traffic signal enforcement system
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was established December, 2010. In June, 2019 during the 86 Legislature, the traffic
signal enforcement system was eliminated with HB1631. Funding for traffic safety
programs are now covered by the City’s General Fund.

BUDGET SUMMARY

HISTORY PROJECTED YEAR BUDGET
2019-2020 2020-2021 2021-2022 2021-2022 2022-2023
Actual Actual Budget Projected Budget

Fund Balance, October 1 $ 642,675 $353,613 $33,956 $33,956 $33,956
Revenues:
Traffic Safety Fee 0 0 0 0 0
Other Revenue 0 0 0 0 0
Interest Earnings 2,626 701 0 0 0
Operating Revenues $ 2,626 $ 701 $ - $ - $ -

Total Available Resources $ 645,301 $ 354,314 $ 33,956 $ 33,956 $ 33,956

Expenditures:
Personnel/Training Expenses 289,420 316,582 0 0 0
Supplies & Equipment 2,268 3,776 0 0 0
Other Equipment 0 0 0 0 0
Traffic Safety Fees 0 0 0 0 0
Total Operating Expenditures 291,688 320,358 0 0 0

Operating Transfers-Out
To Gen Fund 0 0 0 0
To State Trauma Center 0 0 0 0 0
Total Operating Transfers-Out 0 0 0 0 0

TOTAL OPERATING & TRANSFERS $ 291,688 $ 320,358 $ - $ - $ -
Fund Balance, September 30 $353,613 $33,956 $33,956 $33,956 $33,956

CHANGE IN FUND BALANCE $ (289,062) ($319,657) $0 $0 $0

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