Page 256 - HasletFY24AdoptedBudget

Fund 03 City of Haslet Fund 03
Type B HCEDC Summary Type B HCEDC
FY 2023-2024

FY 2023 FY 2024
FY 2020 FY 2021 FY 2022 CURRENT PROJECTED PROPOSED
Account Name ACTUAL ACTUAL ACTUAL BUDGET YEAR END BUDGET

PROFESSIONAL SERVICES/CHARGES
Legal Fees $ 2,709 $ 1,575 $ 3,876 $ 10,000 $ 10,000 $ 10,000
Engineering $ 3,760 $ 8,090 $ 19,100 $ 10,000 $ 10,000 $ 10,000
IT Support $ 798 $ 694 $ 562 $ 2,000 $ 2,000 $ 2,000
Consultants $ - $ - $ - $ 3,000 $ 3,000 $ -
Studies $ - $ - $ - $ - $ - $ -
Subtotal $ 7,267 $ 10,359 $ 23,538 $ 25,000 $ 25,000 $ 22,000

DUES/SUBSCRIPTIONS/TRAINING
Meetings $ 1,043 $ 678 $ 583 $ 3,000 $ 3,000 $ 3,000

Training $ 6,716 $ - $ 89 $ 9,000 $ 9,000 $ 9,000

Travel Expense $ 6 $ 20 $ - $ - $ - $ -
Gen Memberships $ - $ 263 $ 775 $ 1,100 $ 1,100 $ 1,100
Subtotal $ 7,765 $ 961 $ 1,447 $ 13,100 $ 13,100 $ 13,100
CAPITAL OUTLAY
Grant $ - $ - $ - $ 30,000 $ 30,000 $ 30,000
Incentives $ - $ - $ - $ - $ - $ -
Future Projects $ - $ - $ - $ - $ - $ -
Subtotal $ - $ - $ - $ 30,000 $ 30,000 $ 30,000
Total Administration $ 62,561 $ 75,605 $ 68,554 $ 103,300 $ 107,800 $ 104,800

EXPENDITURES - MARKETING
Memberships $ - $ - $ - $ - $ - $ -
Conferences $ 375 $ 250 $ 675 $ - $ - $ -
Collateral Materials $ 2,461 $ 724 $ 416 $ 5,000 $ 5,000 $ 5,000
Misc. Marketing $ 21,789 $ 6,600 $ - $ - $ - $ -
Ad Design & Advertising $ 1,913 $ 1,238 $ - $ 5,000 $ 5,000 $ 5,000
Allies Day $ 1,250 $ 1,250 $ 1,250 $ - $ - $ -
Total Marketing $ 27,788 $ 10,062 $ 2,341 $ 10,000 $ 10,000 $ 10,000
EXPENDITURES - CAPITAL PROJECTS

Westport Parkway $ 109,000 $ 1,463,769 $ 144,410 $ - $ 5,400 $ -

TAP Shared Use Path $ - $ (11,071) $ - $ - $ - $ -

ROW Acquisition $ - $ - $ 1,705 $ - $ - $ -
Hurley Street Parking Lot $ - $ - $ - $ 175,000 $ 175,000 $ -
Total Capital Projects $ 109,000 $ 1,452,698 $ 146,115 $ 175,000 $ 180,400 $ -

EXPENDITURES - DEBT SERVICE
Principal Payment 0 $ 115,000 $ 120,000 $ 130,000 $ 130,000 $ 135,000
Interest Expense $ 46,922 $ 164,500 $ 158,250 $ 152,250 $ 152,250 $ 145,750
Reserve Fund $ 282,400 $ - $ - $ - $ - $ -
Fiscal Agent Fees $ - $ - $ 500 $ - $ - $ -
Total Debt Service $ 329,322 $ 279,500 $ 278,750 $ 282,250 $ 282,250 $ 280,750

Total Expenditures $ 570,561 $ 1,859,755 $ 4,373,940 $ 626,840 $ 636,740 $ 451,840
Ending Resources $ 5,036,970 $ 4,459,332 $ 1,856,241 $ 2,255,522 $ 2,757,981 $ 3,844,621

Haslet Adopted Budget FY 2023-2024 250