Page 46 - HaltomCityFY26Budget

City Of Haltom City Adopted Budget, FY2026 Debt Service Fund

DEBT SERVICE FUND
BUDGET SUMMARY
Actual Adopted Projected Base Decision Adopted
FUND 05 FY2024 FY2025 FY2025 FY 2026 Package FY2026
Fund Balance, Beginning 3,918,584 2,912,596 2,912,596 2,934,044 2,934,044

Revenues
Property Tax Revenue 7,912,363 6,866,380 7,805,447 8,740,592 8,740,592
Interest Income 469,418 120,000 120,000 120,000 120,000
Transfer from General Fund - - - - -
Transfer from Economic Dev. Fund - - - - -
Transfer from Oil and Gas - - - - -
Proceeds from Bond Issuance - - - - -
Premiums on Bond Issuance - - - - -
Total Revenues 8,381,781 6,986,380 7,925,447 8,860,592 8,860,592

Funds Available 12,300,364 9,898,976 10,838,043 11,794,636 11,794,636
Expenditures
Principal 4,688,294 5,232,724 5,232,724 5,735,160 5,735,160
Interest 2,773,316 2,647,275 2,647,275 2,685,988 2,685,988
Paying Agent Fees 3,700 24,000 24,000 24,000 24,000
Bond Issuance Cost - - - - -
Transfer to General Fund 305,119 - - - -
Transfer to Capital Projects 1,617,340 - - - -
Total Expenditures 9,387,768 7,903,999 7,903,999 8,445,148 - 8,445,148

Fund Balance, Ending 2,912,596 1,994,977 2,934,044 3,349,488 - 3,349,488

Debt Service Fund Expenditures
$7
$6
$5
Millions $4
$3
$2
$1
$0

Principal Interest