Page 119 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 Special Revenue Funds

POLICE FORFEITURE FUND

Resources for this fund are provided through the sale of property confiscated from illegal drug activities.
The money is used by the Police Department to further reduce criminal activities in the City. Some of the
purchases made possible with these funds have been tactical uniforms and equipment, raid jackets (for
detectives), a mobile data terminal and a negotiator’s telephone.

POLICE FORFEITURE FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 23 FY2023 FY2024 FY2024 FY2025

Fund Balance, Beginning 55,719 66,019 66,019 58,519
Revenues
Awarded Property Revenue 19,729 16,000 6,000 6,000
Interest Income 2,768 342 2,500 2,000
Total Revenues 22,497 16,342 8,500 8,000

Funds Available 78,216 82,361 74,519 66,519

Expenditures
Operations Expenditures 12,197 16,000 16,000 16,000
Total Expenditures 12,197 16,000 16,000 16,000
Fund Balance, Ending 66,019 66,361 58,519 50,519

Police Forfeiture Fund Ending Fund Balance

$75,000

$50,000

$25,000

$0
Actual 2023 Adopted 2024 Projected 2024 Proposed 2025