Page 371 - HasletFY24AdoptedBudget

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

FY 2023 FY 2024
CURRENT PROJECTED PROPOSED
Account Name BUDGET YEAR END BUDGET

PROFESSIONAL SERVICES/CHARGES
Legal Fees $ 10,000 $ 10,000 $ 10,000
Engineering $ 10,000 $ 10,000 $ 10,000
IT Support $ 2,000 $ 2,000 $ 2,000

Consultants $ 3,000 $ 3,000 $ -
Studies $ - $ - $ -
Subtotal $ 25,000 $ 25,000 $ 22,000

DUES/SUBSCRIPTIONS/TRAINING
Meetings $ 3,000 $ 3,000 $ 3,000

Training $ 9,000 $ 9,000 $ 9,000
Travel Expense $ - $ - $ -

Gen Memberships $ 1,100 $ 1,100 $ 1,100
Subtotal $ 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 $ 103,300 $ 107,800 $ 104,800

EXPENDITURES - MARKETING
Memberships $ - $ - $ -
Conferences $ - $ - $ -
Collateral Materials $ 5,000 $ 5,000 $ 5,000

Misc. Marketing $ - $ - $ -
Ad Design & Advertising $ 5,000 $ 5,000 $ 5,000

Allies Day $ - $ - $ -
Total Marketing $ 10,000 $ 10,000 $ 10,000
EXPENDITURES - CAPITAL PROJECTS

Westport Parkway $ - $ 5,400 $ -
TAP Shared Use Path $ - $ - $ -
ROW Acquisition $ - $ - $ -
Hurley Street Parking Lot $ 175,000 $ 175,000 $ -
Total Capital Projects $ 175,000 $ 180,400 $ -

EXPENDITURES - DEBT SERVICE
Principal Payment $ 130,000 $ 130,000 $ 135,000
Interest Expense $ 152,250 $ 152,250 $ 145,750
Reserve Fund $ - $ - $ -
Fiscal Agent Fees $ - $ - $ -
Total Debt Service $ 282,250 $ 282,250 $ 280,750

Total Expenditures $ 626,840 $ 636,740 $ 451,840
Ending Resources $ 2,255,522 $ 2,757,981 $ 3,844,621

Haslet Adopted Budget FY 2023-2024 363