Page 13 - Proposed Operating Budget FY24
P. 13
CITY OF HURST
FY 2023 ‐ 2024 ADOPTED BUDGET
COMMUNITY SERVICES HALF CENT SALES TAX FUND
REVENUES AND EXPENDITURE SUMMARY
FY 2024
FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 ADOPTED
LINE ITEM DESCRIPTION ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES BUDGET
BEGINNING FUND BALANCE 3,967,927 4,743,252 5,614,746 6,908,918 6,992,013 7,955,846
REVENUES
GENERAL SALES AND USE TAXES 5,064,575 5,582,137 6,151,956 5,500,000 6,250,000 5,675,813
GENERAL SALES TAX CONTRA (248,236) (268,886) ‐ ‐ ‐ ‐
MISCELLANEOUS STATE GRANT ‐ ‐ ‐
INTEREST 72,037 9,203 (79,525) 56,000 60,000 150,000
OTHER REVENUE 5,957 5,033 62,621 5,000 5,000 5,000
TOTAL REVENUES 4,894,333 5,327,487 6,135,052 5,561,000 6,315,000 5,830,813
TOTAL FUNDS AVALIABLE 8,862,260 10,070,739 11,749,798 12,469,918 13,307,013 13,786,659
OPERATING EXPENSES
Parks 1,439,667 1,473,970 1,656,602 1,791,586 1,947,401 2,023,555
Recreation 312,553 343,948 467,213 619,129 553,805 651,782
Aquatics 156,108 483,913 589,038 638,008 601,486 744,249
Library 521,332 488,228 588,333 650,004 600,483 679,711
Capital Outlay & Projects 462,408 436,343 240,423 300,000 425,008 470,000
TOTAL OPERATING EXPENSES 2,892,068 3,226,402 3,541,609 3,998,727 4,128,183 4,569,297
DEBT SERVICE & OPERATING TRANSFERS 1,226,940 1,229,591 1,216,176 1,222,983 1,222,984 1,221,583
TOTAL EXPENSES 4,119,008 4,455,993 4,757,785 5,221,710 5,351,167 5,790,880
ENDING FUND BALANCE 4,743,252 5,614,746 6,992,013 7,248,208 7,955,846 7,995,780
39,934
