Page 141 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 Capital Project Funds

WATER AND SEWER IMPACT FEES FUND

Developers are required to pay a fee for each new residential or commercial construction site. These fees
are dedicated to fund improvements that must be made as a result of the additional demand placed on the
water and sewer system that is caused by the new development.

WATER AND SEWER IMPACT FEES FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 44 FY2023 FY2024 FY2024 FY2025

Cash & Investments, Beginning 2,892,266 3,208,423 3,208,423 4,518,423

Revenues
Water Impact Fees 103,833 175,000 450,000 175,000
Sewer Impact Fees 159,565 250,000 750,000 300,000
Interest Income 134,045 19,954 120,000 90,000
397,444 444,954 1,320,000 565,000

Funds Available 3,289,711 3,653,377 4,528,423 5,083,423

Expenses
Impact Fee Study 81,287 160,000 10,000 135,000
Others - - -
Total Expenses 81,287 160,000 10,000 135,000

Adjustments

Cash & Investments, Ending 3,208,423 3,493,377 4,518,423 4,948,423

Water and Sewer Impact Fees Fund Expenses
$175,000
$150,000
$125,000
$100,000
$75,000
$50,000
$25,000
$0
Actual 2023 Adopted 2024 Projected 2024 Proposed 2025