Page 57 - Trophy Club ORD 2023-15 Adoption FY23-24

TOWN OF TROPHY CLUB, TEXAS
Annual Program of Services

Capital Equipment FY 2021 FY 2022 FY 2022 FY 2023 FY 2023 FY 2024 FY 2025 FY 2026
AMENDED
Replacement Fund ACTUAL AMENDED ACTUAL BUDGET ESTIMATE PROPOSED PROJECTED PROJECTED
Beginning Fund Balance $ 173,990 $ 501,610 $ 361,946 $ (512,826) $ 136,850 $ 659,711 $ 659,711 $ 659,711
Revenue
Miscellaneous Revenue $ ‐ $ 1,727,040 $ ‐ $ 494,907 $ 494,907 $ ‐ $ ‐ $ ‐
Total Revenue $ ‐ $ 1,727,040 $ ‐ $ 494,907 $ 494,907 $ ‐ $ ‐ $ ‐
Expenditures
Town Manager Capital Replacement $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,250,000 $ ‐ $ ‐
Police Capital Replacement 22,220 185,000 175,288 ‐ ‐ ‐ ‐ ‐
Principle ‐ Lease Pmt 88,206 ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ Lease Pmt 3,246 ‐ ‐ ‐ ‐ ‐ ‐ ‐
EMS Capital Replacement ‐ 30,500 350,743 167,500 167,500 121,000 ‐ ‐
Fire Capital Replacement 90,071 321,540 61,639 52,000 52,000 6,500 204,631 130,500
Streets Capital Replacement ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Parks Capital Replacement 122,643 196,000 186,224 ‐ ‐ 167,500 142,500 149,000
Recreation Capital Replacement 28,297 44,000 36,249 ‐ ‐ 147,217 143,284 276,108
Community Development Capital Replacem ‐ ‐ ‐ ‐ ‐ 52,000 ‐
IT Capital Expenses (Items over 5K) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Facilities Capital Replacement ‐ 50,000 64,629 ‐ ‐ ‐ ‐ ‐
Total Expenditures $ 354,683 $ 827,040 $ 874,772 $ 219,500 $ 219,500 $ 2,744,217 $ 490,415 $ 555,608
Other Sources (Uses)
Debt Proceeds $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
Transfer from Tax Notes ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Transfer In 542,639 1,727,040 ‐ 494,907 247,454 2,744,217 490,415 555,608
Total Other Sources (Uses) $ 542,639 $ 1,727,040 $ ‐ $ 494,907 $ 247,454 $ 2,744,217 $ 490,415 $ 555,608
Net Increase (Decrease) $ 187,956 $ 2,627,040 $ (874,772) $ 770,314 $ 522,861 $ ‐ $ ‐ $ ‐
Ending Fund Balance $ 361,946 $ 3,128,650 $ (512,826) $ 257,488 $ 659,711 $ 659,711 $ 659,711 $ 659,711
All expenses in the Capital Equipment Replacement Fund will be approved by Council prior to the purchase being authorized.

FY24 Adopted Budget 49