Page 82 - HaltomCityFY26Budget

City Of Haltom City Adopted Budget, FY2026 Capital Project Funds

STREET ASSESSMENTS FUND

The City ceased assessing for street repairs in 1999. Currently, there are oustanding assessments
for 21 projects completed prior to that time. Revenues from these accounts are unpredictable and
can vary significantly especially with commercial properties. Revenue is received when the sale
of property that triggers assessment payment plus penalty that is due. There is no appropriation
budgeted for FY2026.

STREET ASSESSMENTS FUND
BUDGET SUMMARY
Actual Adopted Projected Base Decision Adopted
FUND 39 FY2024 FY2025 FY2025 FY 2026 Package FY2026
Fund Balance, Beginning 25,559 26,932 26,932 27,432 27,432

Revenues
Assessment Revenue - - - - - -
Interest from Investments 1,373 500 500 - - -
Total Revenues 1,373 500 500 - - -
Funds Available 26,932 27,432 27,432 27,432 - 27,432

Expenditures
Transfer to General Fund - - - - - -
Total Expenditures - - - - - -

Fund Balance, Ending 26,932 27,432 27,432 27,432 - 27,432

Street Assessments Fund Ending Fund Balance
$30,000
$22,500

$15,000
$7,500

$0
Acutal 2024 Adopted 2025 Projected 2025 Prelminary 2026