Page 141 - CityofHaltomFY24Budget

City Of Haltom City Annual Budget, Fy2024 Capital Project Funds City Of Haltom City Annual Budget, Fy2024 Capital Project Funds

WATER AND SEWER IMPACT FEES FUND DRAINAGE CAPITAL PROJECTS FUND

Developers are required to pay a fee for each new residential or commercial construction site. This fund is used to record monies received from the issuance of debt or transferred from other
These fees are dedicated to fund improvements that must be made as a result of the additional funds for the construction of drainage infrastructure.
demand placed on the water and sewer system that is caused by the new development.

WATER AND SEWER IMPACT FEES FUND DRAINAGE CAPITAL PROJECTS FUND
BUDGET SUMMARY BUDGET SUMMARY

Actual Adopted Projected Adopted Actual Adopted Projected Adopted
FUND 44 FY2022 FY2023 FY2023 FY2024 FUND 46 FY2022 FY2023 FY2023 FY2024

Cash & Investments, Beginning 2,536,720 2,875,395 2,875,395 3,310,210 Cash & Investments, Beginning 1,815,909 2,112,261 2,112,261 7,374,887

Revenues Revenues
Water Impact Fees 162,539 200,000 200,000 175,000 Interest Income 3,146 13,000 82,126 20,531
Sewer Impact Fees 265,838 225,000 225,000 250,000 Drainage Fees
Interest Income 4,118 10,000 79,815 19,954 Transfers from Street Reconstruction Fund - 5,000,000 5,000,000 -
432,495 435,000 504,815 444,954 Transfers from Drainage Fund 320,004 770,000 577,500 200,000
Total Revenues 323,150 5,783,000 5,659,626 220,531
Funds Available 2,969,215 3,310,395 3,380,210 3,755,164
Funds Available 2,139,059 7,895,261 7,771,887 7,595,418
Expenses
Impact Fee Study 93,820 230,000 70,000 160,000 Expenses
Others - - - Contract Services - - -
Total Expenses 93,820 230,000 70,000 160,000 Curb and Gutter Maintenance 4,305 100,000 100,000 100,000
Drainage Improvements 22,493 6,327,500 297,000 3,730,000
Adjustments
Total Expenses 26,798 6,427,500 397,000 3,830,000

Cash & Investments, Ending 2,875,395 3,080,395 3,310,210 3,595,164
Adjustments
Cash & Investments, Ending 2,112,261 1,467,761 7,374,887 3,765,418

Water and Sewer Impact Fees Fund Expenses
Drainage Capital Projects Fund Expenses
$300,000
$7,000,000
$6,000,000
$200,000
$5,000,000
$4,000,000
$100,000
$3,000,000
$2,000,000
$0 $1,000,000
Actual 2022 Adopted 2023 Projected 2023 Proposed 2024
$0
Actual 2022 Adopted 2023 Projected 2023 Proposed 2024