Page 22 - CityofForestHillFY24AdoptedBudget

City of Forest Hill
Adopted Budget 2024

Adopted Revised
Account Description Budget Budget
DEBT SERVICE
REVENUE
30-4100-00-00 CURRENT PROPERTY TAX - 306,703.00 - 306,703.00
30-4101-00-00 DELINQUENT PROPERTY - 4,468.00 - 4,468.00
30-4103-00-00 PENALTIES & INTEREST - 4,019.34 - 4,019.34
30-4700-00-00 INTEREST REVENUE - 15,348.34 - 15,348.34
30-9449-00-00 TRANS FROM FH CDC FU - 160,955.80 - 160,955.80
- 491,494.48 - 491,494.48
EXPENSES
30-5902-99-99 PRIN PAYMENTS-CERT O 265,000.00 265,000.00
30-5905-99-99 PRIN PAYMENTS-GO REF 155,000.00 155,000.00
30-5955-99-99 BOND INTEREST EXPENS 46,508.56 46,508.56
30-5962-99-99 PAY AGENT/TRUSTEE EX 1,150.00 1,150.00
467,658.56 467,658.56
NET (OVER) UNDER - 23,835.92 - 23,835.92

FOREST HILL COMM DEV CORP
REVENUE
49-4151-00-00 SALES TAX REVENUE - 1,108,390.00 - 1,108,390.00
49-4700-00-00 INTEREST REVENUE - 128,440.34 - 128,440.34
- 1,236,830.34 - 1,236,830.34

EXPENSES
49-5809-09-16 BUILDINGS & BLDG IMP 37,478.00 37,478.00
49-5102-09-49 OPERATIONAL SALARIES 30,000.00 30,000.00
49-5126-09-49 FICA 2,295.00 2,295.00
49-5135-09-49 TMRS 4,275.00 4,275.00
49-5148-09-49 WORKER'S COMPENSATIO 123.00 123.00
49-5201-09-49 OFFICE SUPPLIES & EQ 1,500.00 1,500.00
49-5205-09-49 BOOKS AND MAGAZINES
49-5251-09-49 WEARING APPAREL 1,000.00 1,000.00
49-5301-09-49 LEGAL SERVICES 5,000.00 5,000.00
49-5342-09-49 PROFESSIONAL SERVICE 150,000.00 150,000.00
49-5378-09-49 SPECIAL EVENT EXPEND 700.00 700.00
49-5501-09-49 UTILITIES-TELEPHONE 700.00 700.00
49-5625-09-49 MEMBERSHIP & SUBSCRI 1,800.00 1,800.00
49-5650-09-49 TRAINING & TRAVEL 10,000.00 10,000.00
49-9501-09-49 ADMN FEE-SALARIES, I 62,351.00 62,351.00
49-9530-09-49 TRANS TO DEBT SERVIC 160,955.80 160,955.80
468,177.80 468,177.80
NET (OVER) UNDER - 768,652.54 - 768,652.54