Page 91 - PantegoFY24AdoptedBudget

Town of Pantego
Interfund Transfers Detail
FY 2023-2024 Budget

Water & Sewer Street Infrastructure Debt Court
General Operating Improvement Improvement Service Security
Fund Fund Fund Fund Fund Fund
Transfer from Water & Sewer Operating $ 491,535 $ (491,535)
Fund to the General Fund
Transfer is for General Fund labor costs
relating to the Water & Sewer Fund
operations

Transfer from Street Improvement Fund 164,434 $ (164,434)
to the General Fund
Transfer is for General Fund labor
costs relating to Street Maintenance
Transfer from Infrastructure Imprvmt Fund
to the Debt Service Fund
for Water and Sewer Portion of Debt Service $ (467,660) 467,660

Transfer from Court Security Fund 31,165 $ (31,165)
to the General Fund
Transfer is to cover approx. 25% of one
(1)Warrant Officer's salary for Court
security responsibilities

Total Interfund Transfers $ 687,134 $ (491,535) $ (164,434) $ (467,660) $ 467,660 $ (31,165)

Town of Pantego
Transfers from Component Unit
Pantego Economic Development Corporation (PEDC)
FY 2023-2024 Budget

General PEDC
Fund

Transfer From Pantego Economic Development $ 358,377 $ (358,377)
To the General Fund
Transfer is for General Fund costs
incurred by Town of Pantego for staff
labor
Transfer From Pantego Economic Development 17,250 (17,250)
To the General Fund
Transfer is for Community Relations Board
Board (CRB) expenses

Total PEDC Transfers to General Fund $ 375,627 $ (375,627)

ADOPTED BUDGET FY2023-24 TOWNOFPANTEGO.COM/BUDGET PAGE 83