Page 18 - NorthRichlandHillsFY24AdoptedBudget

FISCAL YEAR 2023-2024
SCHEDULE 12 - SUMMARY OF REVENUES AND EXPENDITURES
PROMOTIONAL FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2020/21 FY 2021/22 FY 2022/23 FY 2022/23 FY 2023/24
REVENUES
Occupancy Tax Proceeds $313,649 $328,965 $300,000 $300,000 $350,000
Interest Income 5,887 7,522 4,278 19,377 19,375
Other 0 1,221 0 0 0
TOTAL OPERATING REVENUES $319,536 $337,707 $304,278 $319,377 $369,375
APPROPRIATION OF FUND BALANCE
Appropriation of Fund Balance $0 $0 $0 $6,000 $29,041
TOTAL APPROPRIATION OF FUND BALANCE $0 $0 $0 $6,000 $29,041
TOTAL RESOURCES $319,536 $337,707 $304,278 $325,377 $398,416

EXPENDITURES
OPERATING EXPENDITURES
Economic Development $101,446 $124,781 $140,020 $146,109 $190,893
Cultural & Leisure 100,043 142,476 148,729 148,872 205,858
Non-Departmental 133 316 562 330 1,665
TOTAL OPERATING EXPENDITURES $201,621 $267,573 $289,311 $295,311 $398,416
OTHER & RESERVES
Planned Contributions to Fund Balance $0 $0 $14,967 $30,066 $0
TOTAL OTHER & RESERVES $0 $0 $14,967 $30,066 $0
TOTAL EXPENDITURES $201,621 $267,574 $304,278 $325,377 $398,416
BALANCE $117,915 $70,134 $0 $0 $0

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