Page 20 - RichlandHillsFY24ProposedBudget

TAX INCREMENT FINANCING FUND (FUND 089)
DEPARTMENT
60/61TAX INCREMENT FINANCING
FY 2024 TO FY 2024 TO
FY 2021 FY 2022 FY 2023 FY 2024 FY 2023 FY 2023
DESCRIPTION ACTUAL ACTUAL ADOPTED PROPOSED $ CHANGE % CHANGE

PROPERTY TAX - TRANSFER IN $ 127,481 $ 136,472 $ 157,524 $ 192,296 $ 34,772 22.1%

INTERGOVERNMENTAL 39,663 39,102 44,185 53,349 9,164 20.7%
SALES TAX-TRANSFER IN FROM GF 68,182 72,655 75,000 75,000 - 0.0%

TOTAL REVENUE $ 235,326 $ 248,229 $ 276,709 $ 320,645 $ 43,936 15.9%

CAPITAL IMPROVEMENTS $ - $ - $ - $ 320,000 $ 320,000 0.0%

TRANSFERS OUT $ 201,852 $ 98,574 $ - $ - $ - 0.0%

OTHER OPERATING $ 75,713 $ 120,000 $ 430,000 $ 310,000 258.3%

CAPITAL $ 95,350 $ 11,683 $ 460,000 $ - $ (460,000) -100.0%

TOTAL EXPENDITURES $ 297,202 $ 185,970 $ 580,000 $ 750,000 $ 170,000 29.3%
BEGINNING FUND BALANCE $ 944,684 882,808 945,067 641,776
ENDING FUND BALANCE $ 882,808 $ 945,067 $ 641,776 $ 212,421

LINK REPLACEMENT FUND
DEPARTMENT
FUND 103
FY 2024 TO FY 2024 TO
FY 2021 FY 2022 FY 2023 FY 2024 FY 2023 FY 2023
DESCRIPTION ACTUAL ACTUAL ADOPTED PROPOSED $ CHANGE % CHANGE

TRANSFERS IN FROM GF $ - $ - $ 25,000 $ 25,000 $ - 0.0%
TOTAL REVENUE $ - $ - $ 25,000 $ 25,000 $ - 0.0%

REPLACEMENTS $ - $ - $ 25,000 $ 25,000 $ - 0.0%

TOTAL EXPENDITURES $ - $ - $ 25,000 $ 25,000 - 0.0%
BEGINNING FUND BALANCE $ - $ -
ENDING FUND BALANCE $ - $ -

EMERGENCY OPERATIONS MANAGEMENT FUND
DEPARTMENT
FUND 104
FY 2024 TO FY 2024 TO
FY 2021 FY 2022 FY 2023 FY 2024 FY 2023 FY 2023
DESCRIPTION ACTUAL ACTUAL ADOPTED PROPOSED $ CHANGE % CHANGE

TRANSFERS IN FROM GF $ - $ - $ 2,500 $ 2,500 $ - 0.0%
TOTAL REVENUE $ - $ - $ 2,500 $ 2,500 $ - 0.0%

SUPPLIES $ - $ - $ 2,500 $ 2,500 $ - 0.0%
.
TOTAL EXPENDITURES $ 2,500 $ 2,500 $ - 100.0%
BEGINNING FUND BALANCE $ - $ -
ENDING FUND BALANCE $ - $ -

City of Richland Hills 18