Page 109 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 Special Revenue Funds

Actual Adopted Projected Adopted
EXPENDITURES FY 2023 FY 2024 FY 2024 FY 2025
Personnel 487,252 770,766 770,766 1,636,154
Operations 1,189,776 1,451,323 1,451,323 1,617,194
Capital 150,672 - - -
Total $ 1,827,700 $ 2,222,089 $ 2,222,089 $ 3,253,348

Actual Adopted Projected Adopted
STAFFING FY 2023 FY 2024 FY 2024 FY 2025

Police Officer 5 6 6 11
Total 5 6 6 11

OIL AND GAS FUND

The Oil and Gas Fund is to account for proceeds from oil and gas activities within the City. This fund
provides additional revenues to support the operations of the government.

OIL AND GAS FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 13 FY2023 FY2024 FY2024 FY2025

Fund Balance, Beginning 1,641,231 1,951,417 1,951,417 506,417
Revenues
Oil & Gas Revenue 86,446 150,000 40,000 40,000
Oil & Gas Permits 146,000 100,000 65,000 40,000
Interest Income 77,740 11,533 50,000 55,000
Total Revenues 310,186 261,533 155,000 135,000

Funds Available 1,951,417 2,212,950 2,106,417 641,417
Expenditures
Transfer to General Fund - 1,600,000 1,600,000 -
Transfer to Debt Service Fund - - - -
Total Expenditures - 1,600,000 1,600,000 -

Fund Balance, Ending 1,951,417 612,950 506,417 641,417

Oil and Gas Fund Ending Fund Balance

$2,500,000

$2,000,000
$1,500,000

$1,000,000

$500,000

$0
Actual 2023 Adopted 2024 Projected 2024 Proposed 2025