Page 87 - KennedaleFY24AdoptedBudget

OVERVIEW: CAPITAL PROJECTS FUND

The Capital Projects Fund (04) receives revenues from the City’s waste collection contractor,
Waste Connections, based on their overall landfill revenue. Funds are transferred to Debt
Service (02) to pay for debt requirements related to improvements to Dick Price Road, the road
that leads to the landfill.

Fund 04 CAPITAL PROJECTS
Account Description FY22 Actual FY23 Budget FY23 Est Actuals FY24 Budget

04-4401-00-00 INVESTMENT INCOME 1,105 500 5,500 5,700
04-4421-00-00 LANDFILL REVENUE-WASTE CONNECTIO 132,901 86,211 86,211 90,000
TOTAL FUND REVENUES $ 134,005 $ 86,711 $ 91,711 $ 95,700

Account Description FY22 Actual FY23 Budget FY23 Est Actuals FY24 Budget
- - - -
TOTAL EXPENDITURES $ - $ - $ - $ -

REVENUES OVER (UNDER) EXPENDITURES $ 134,005 $ 86,711 $ 91,711 $ 95,700

Account Description FY22 Actual FY23 Budget FY23 Est Actuals FY24 Budget
04-5702-00-00 TRANSFER OUT – DEBT SERVICE (106,501) (104,800) (104,800) (108,055)
TOTAL OTHER FINANCING SOURCES (USES) $ (106,501) $ (104,800) $ (104,800) $ (108,055)

NET CHANGE IN FUND BALANCE $ 27,504 $ (18,089) $ (13,089) $ (12,355)

BEGINNING FUND BALANCE — OCT 1 $ 147,087 $ 174,591 $ 174,591 $ 161,502
ENDING FUND BALANCE — SEPT 30 $ 174,591 $ 156,503 $ 161,502 $ 149,147

CITYOFKENNEDALE.COM/BUDGET 84