Page 47 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 Budget Overview

WHERE THE MONEY GOES - BY FUNCTIONS

Actual EOY Estimated Budget Change from FY2024
Expenditure FY2023 FY2024 FY2025 to FY2025 Percent

General Government $26,555,832 $41,703,712 $27,735,682 ($13,968,030) -33%
Police 28,150,219 26,037,143 20,844,167 (5,192,976) -20%
Fire 8,138,970 10,433,439 11,039,014 605,575 6%
Parks 2,232,213 5,817,196 4,577,315 (1,239,881) -21%
Library 1,140,854 1,370,793 1,411,284 40,491 3%
Public Works 43,001,358 46,498,060 82,218,357 35,720,297 77%
Total $109,219,445 $131,860,343 $147,825,819 $15,965,476 12%

General Government – Despite salary increases and decision packages, expenditures have decreased
significantly over the past year primarily due to completing and refurnishing the new City Hall building.

Police – The decrease can be attributed to the successful completion of the construction of the new Law
Enforcement Center. This project not only required a significant investment of resources but also marked a
milestone in enhancing our community’s law enforcement capabilities. With the center now operational,
we anticipate a more efficient allocation of funds and a reduction in ongoing expenditures related to the
project.

Fire – The increase is due to the salary increases, and employee step increases.

Parks – The decrease is due to North Park budgeted have been allocated in the last year’s budget, salary
increase to employees, and replacement of equipment. This year’s budget will also replace sidewalk in
Broadway Park and some maintenance and upgrades in the recreation center
Library – Operational expenditures are due increased salaries.

Public Works – This includes streets, facilities, water and sewer, and storm water drainage. The increase is
due to equipment purchases for streets and drainage, increased salaries, and planned capital projects.

FY2025 ALL FUNDS TOTAL EXPENDITURE $147,825,819
(BY FUNCTIONS)

General Government Police Fire Parks Library Public Works
$100,000,000
$82,218,357
$80,000,000
$60,000,000

$40,000,000
$27,735,682
$20,844,167
$20,000,000 $11,039,014
$4,577,315 $1,411,284
$0