Page 242 - CityofHasletFY25AnnualBudget

Fund 03 City of Haslet Fund 03
Type B HCEDC Summary Type B HCEDC
FY 2024-2025

FY 2024 FY 2025
FY 2021 FY 2022 FY 2023 CURRENT PROJECTED
Account Name ACTUAL ACTUAL ACTUAL BUDGET YEAR END BUDGET

PROFESSIONAL SERVICES/CHARGES
Legal Fees $ 1,575 $ 3,876 $ 750 $ 10,000 $ 10,000 $ 12,000
Engineering $ 8,090 $ 19,100 $ 8,510 $ 10,000 $ 10,000 $ 10,000
IT Support $ 694 $ 562 $ 498 $ 2,000 $ 2,000 $ 2,000
Consultants $ - $ - $ 5,500 $ - $ - $ -
Subtotal $ 10,359 $ 23,538 $ 15,258 $ 22,000 $ 22,000 $ 24,000
DUES/SUBSCRIPTIONS/TRAINING
Meetings $ 678 $ 583 $ 1,389 $ 3,000 $ 3,000 $ 2,200
Training $ - $ 89 $ 9,000 $ 9,000 $ 3,000

Travel Expense $ 20 $ - $ - $ - $ 10,000
Gen Memberships $ 263 $ 775 $ 1,100 $ 1,100 $ -
Subtotal $ 961 $ 1,447 $ 1,389 $ 13,100 $ 13,100 $ 15,200

CAPITAL OUTLAY
Grant $ - $ - $ 30,000 $ 30,000 $ 30,000
Incentives $ - $ - $ - $ - $ -
Future Projects $ - $ - $ - $ - $ -
Subtotal $ - $ - $ - $ 30,000 $ 30,000 $ 30,000

Total Administration $ 75,605 $ 68,554 $ 34,030 $ 104,800 $ 105,100 $ 108,300

Conferences $ 250 $ 675 $ - $ - $ -
Collateral Materials $ 724 $ 416 $ 5,000 $ 5,000 $ -

Misc. Marketing $ 6,600 $ - $ - $ - $ -
Ad Design & Advertising $ 1,238 $ - $ 5,000 $ 5,000 $ -
Allies Day $ 1,250 $ 1,250 $ - $ - $ -
Total Marketing $ 10,062 $ 2,341 $ - $ 10,000 $ 10,000 $ -

EXPENDITURES - CAPITAL PROJECTS

Westport Parkway $ 1,463,769 $ 144,410 $ 5,313 $ - $ - $ -
TAP Shared Use Path $ (11,071) $ - $ - $ - $ -

ROW Acquisition $ - $ 1,705 $ - $ - $ -
Hurley Street Parking Lot $ - $ - $ 5,530 $ - $ - $ -
Total Capital Projects $ 1,452,698 $ 146,115 $ 10,843 $ - $ - $ -
EXPENDITURES - DEBT SERVICE
Principal Payment $ 115,000 $ 120,000 $ 130,000 $ 135,000 $ 135,000 $ 140,000
Interest Expense $ 164,500 $ 158,250 $ 152,250 $ 145,750 $ 145,750 $ 139,000
Fiscal Agent Fees $ - $ 500 $ 500 $ - $ - $ -
Total Debt Service $ 279,500 $ 278,750 $ 282,750 $ 280,750 $ 280,750 $ 279,000

Total Expenditures $ 1,859,755 $ 4,373,940 $ 380,313 $ 451,840 $ 452,140 $ 443,590

Ending Resources $ 4,459,332 $ 1,856,241 $ 2,968,641 $ 4,055,281 $ 4,054,981 $ 4,901,021

Haslet Adopted Budget FY 2024-2025 240