Page 42 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 Budget Overview

SUMMARY OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE

ALL CAPITAL PROJECT FUNDS (CITY-WIDE)

Street Capital Capital Street Water and Drainage
Reconstruction Improvement Replacement Assessments Sewer Capital Impact Fees Capital Total
Fund Fund Fund Fund Projects Fund Fund Projects Fund

Beginning Balance $19,195,320 $16,026,228 $1,618,752 $26,359 $35,548,579 $4,518,423 $7,962,322 $84,895,983

BUDGETED REVENUES
Property Taxes - - - - - - - -
Sales & Other Taxes 3,300,000 - - - - - - 3,300,000
Franchise Fees - - - - - - - -
Licenses/Permits/Fees - - - - - 475,000 - 475,000
Intergovernmental Revenues - - - - 3,329,000 - - 3,329,000
Charges For Service - - - - - - - -
Fines & Fees - - - - - - - -
Bond Proceeds - - - - - - - -
Miscellaneous Revenues 500,000 650,000 42,000 500 800,000 90,000 200,000 2,282,500
Interfund Transfers - - 1,225,000 - 4,000,000 - 3,000,000 8,225,000
TOTAL REVENUES 3,800,000 650,000 1,267,000 500 8,129,000 565,000 3,200,000 17,611,500

BUDGETED EXPENDITURES
Personnel - - - - - - - -
Operations 950,000 738,000 - - - 135,000 405,000 2,228,000
Capital Outlay 8,825,128 12,425,000 1,239,500 - 19,205,000 - 7,220,000 48,914,628
Debt Service - - - - - - - -
Interfund Transfers - 1,200,000 - - 3,000,000 - - 4,200,000
TOTAL EXPENDITURES 9,775,128 14,363,000 1,239,500 - 22,205,000 135,000 7,625,000 55,342,628

Ending Balance $13,220,192 $2,313,228 $1,646,252 $26,859 $21,472,579 $4,948,423 $3,537,322 $47,164,855

WHERE THE MONEY COMES FROM - BY REVENUE TYPE

Actual EOY Estimated Budget Change from
Revenue FY2023 FY2024 FY2025 FY2024 to FY2025 Percent
Property Taxes $ 21,564,103 $ 22,245,130 $ 23,055,718 $ 810,588.19 4%
Sales & Other Taxes 20,574,614 20,461,781 20,154,000 (307,781) -2%
Franchise Fees 3,775,231 4,310,000 4,261,000 (49,000) -1%
Licenses & Permits 1,447,097 3,713,520 1,611,520 (2,102,000) -57%
Intergovernmental 10,426,431 378,740 6,325,344 5,946,604 1570%
Charges For Service 29,183,652 29,108,185 31,285,550 2,177,365 7%
Fines & Fees 1,858,502 917,720 977,900 60,180 7%
Bond Proceeds 836,251 - - - N/A
Other 10,578,740 6,531,825 4,637,775 (1,894,050) -29%
Transfers 16,147,500 10,525,585 10,161,976 (363,609) -3%
Total $116,392,120 $98,192,486 $102,470,783 $4,278,297 4%