Page 14 - Proposed budget cover and insert sheets

CITY OF HURST
FY 2024 - 2025 PROPOSED BUDGET
COMMUNITY SERVICES HALF CENT SALES TAX FUND
REVENUES AND EXPENDITURE SUMMARY
FY 2025
FY 2021 FY 2022 FY 2023 FY 2024 FY 2024
LINE ITEM DESCRIPTION PROPOSED
ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES
BUDGET
BEGINNING FUND BALANCE 4,743,252 5,614,746 6,992,014 7,955,846 7,764,478 8,647,036

REVENUES

GENERAL SALES AND USE TAXES 5,582,137 6,151,956 6,210,610 5,675,813 6,095,381 5,750,000
GENERAL SALES TAX CONTRA (268,886) - - - - -
MISCELLANEOUS STATE GRANT - - -
INTEREST 9,203 (79,525) 233,719 150,000 140,000 140,000
OTHER REVENUE 5,033 62,621 3,939 5,000 7,019 5,000

TOTAL REVENUES 5,327,487 6,135,052 6,448,268 5,830,813 6,242,400 5,895,000

TOTAL FUNDS AVALIABLE 10,070,739 11,749,798 13,440,282 13,786,659 14,006,878 14,542,036

OPERATING EXPENSES

Parks 1,473,970 1,656,602 2,003,090 2,023,555 1,843,077 2,181,531
Recreation 343,948 467,213 530,068 651,782 590,021 716,651
Aquatics 483,913 589,038 609,173 744,249 693,238 776,043
Library 488,228 588,333 596,956 679,711 620,108 714,129
Capital Outlay & Projects 436,343 240,422 717,733 470,000 391,815 1,044,000

TOTAL OPERATING EXPENSES 3,226,402 3,541,608 4,457,020 4,569,297 4,138,259 5,432,354
DEBT SERVICE & OPERATING TRANSFERS 1,229,591 1,216,176 1,218,784 1,221,583 1,221,583 1,224,283

TOTAL EXPENSES 4,455,993 4,757,784 5,675,804 5,790,880 5,359,842 6,656,637

ENDING FUND BALANCE 5,614,746 6,992,014 7,764,478 7,995,779 8,647,036 7,885,399