Page 174 - CITY OF AZLE, TEXAS
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Course Fund is set to make a transfer in the amount of $200,000 – $110,000 to the General
Fund and $90,000 to the Utility Fund. The purpose of the transfer is to continue the process of
paying down the remaining amounts of an outstanding advance of $232,616 from the General
Fund and $185,754 from the Utility Fund. The fund is projected to have an ending balance of
$478,784 which represents a decrease of $289,373 (37.7%), however, this decrease is not
expected to have a negative impact on golf operations.
City of Azle FY 2023-2024 Budget 163
