Page 24 - Euless ORD 2360 Adopted FY 23-24 Budget

Fund Balance Summary
Estimated FY2022- 23 and Budgeted FY2023- 24
Debt Service Funds

Texas
EDC 112 Water &
G. O. Debt Stars Star Golf
Cent Sales Wastewater
Service Center Debt Course
Tax Debt Debt
Debt
Beginning Balance, FY23 2, 107, 809 135, 005 11, 731 598, 379 56, 964
per audit, FYE 2022)

FY23 Estimated Revenues 7, 321, 236 706, 470 403, 239 1, 218, 796 590, 912
Total Available: 9, 429, 045 841, 475 414, 970 1, 817, 175 647, 876

FY23 Estimated Expenses 7, 087, 875) 706, 470) 398, 976) 1, 218, 796) 590, 894)
Capital / One -Time Expenses 165, 000) 0 0 0 0
Total Projected Expenses: 7, 252, 875) 706, 470) 398, 976). 1, 218, 796) 590, 894).

Estimated Ending Balance FY23 2, 176, 170 135, 005 15, 994 598, 379 56, 982

FY24 Budgeted Revenues 8, 306, 835 775, 976 399, 351 1, 213, 836 589, 459
Total Available: 10, 483, 005 910, 981 415, 345 1, 812, 215 646, 441

FY24 Budgeted Expenses 8, 250, 985) 709, 190) 395, 626) 1, 213, 836) 589, 187)
Capital / One -Time Expenses 0 0 0 0 0
Total Projected Expenses: 8, 250, 985) 709, 190) 395, 626). 1, 213, 836) 589, 187).

Projected Ending Balance, FY24 2, 232, 020 201, 791 19, 719 598, 379 57, 254
Less: Designated Reserve 654. 655) 41, 250) 0 0 0
Adjusted Ending Balance 1, 577, 365 160, 541 19, 719 598, 379 57, 254

Recommended Reserve Levels per Fiscal Policy:

687, 582 0 0 0 0

Available for Supplemental: 55, 850 66, 786 3, 725 0 272
Available for Capital / One -Time: 833, 933 93, 755 15, 994 598, 379 56, 982
Total Available 889, 783 160, 541 19, 719 598, 379 57, 254

Ordinance No. 2360, Page 24 of 326 16