Page 111 - CityofHaltomFY24Budget

City Of Haltom City Annual Budget, Fy2024 Special Revenue Funds City Of Haltom City Annual Budget, Fy2024 Special Revenue Funds

HOTEL/MOTEL TAX FUND COURT SECURITY FUND

Revenues for this fund come from the 7% Hotel/Motel Occupancy Tax levied on all hotels and This fund received fees collected from defendants convicted of misdemeanor offenses in Municipal
motels in the City. Funds are used for advertising and general promotion of the City and historical Court. The fees are $3 per conviction and are used for Court Security enhancements.
preservation. The City also uses these funds to support the beautification program.

HOTEL/MOTEL TAX FUND COURT SECURITY FUND
BUDGET SUMMARY BUDGET SUMMARY
Actual Adopted Projected Adopted Actual Adopted Projected Adopted
FUND 14 FY2022 FY2023 FY2023 FY2024 FUND 15 FY2022 FY2023 FY2023 FY2024

Fund Balance, Beginning 190,227 235,185 235,185 242,465 Fund Balance, Beginning 96,340 107,867 107,867 115,277

Revenues Revenues
Hotel/Motel Tax Revenue 54,469 45,000 45,000 60,000 Court Security Fee 1,952 15,000 15,000 4,000
Interest Income 266 800 7,152 1,788 Local Mun Court Bldg Security 24,414 4,000 4,000 24,000

Interest Income

161
2,100
852
3,410

Total Revenues 54,735 45,800 52,152 61,788 Total Revenues 26,527 21,100 22,410 28,852
Funds Available 244,962 280,985 287,337 304,253 Funds Available 122,867 128,967 130,277 144,129

Expenditures Expenditures
Beautification Expenditures 9,079 19,580 19,580 19,580 Operations Expenditures - - - -
Special Events - Overtime - 24,172 24,172 - Transfer to General Fund 15,000 15,000 15,000 15,000
Non-Departmental 698 1,120 1,120 1,120 Total Expenditures 15,000 15,000 15,000 15,000
Total Expenditures 9,777 44,872 44,872 20,700
Fund Balance, Ending 107,867 113,967 115,277 129,129
Fund Balance, Ending 235,185 236,113 242,465 283,553
Court Security Fund Ending Fund Balance
Hotel/Motel Tax Fund Ending Fund Balance
$150,000
$300,000 $125,000
$250,000 $100,000
$75,000
$200,000
$50,000
$150,000
$25,000
$100,000 $0
Actual 2022 Adopted 2023 Projected 2023 Proposed 2024
$50,000
$0
Actual 2022 Adopted 2023 Projected 2023 Proposed 2024