Page 16 - Proposed budget cover and insert sheets

CITY OF HURST
FY 2025-2026 ADOPTED BUDGET
SPECIAL PROJECTS CAPITAL FUND
REVENUES AND EXPENSES

The Special Projects Fund was created as a funding source for relatively expensive and non-recurring capital
projects and capital equipment not included in the maintenance and operations budget of City departments.
Funding is provided by transfers primarily from the annual General Fund savings. All expenditures from this
fund must be authorized by the City Manager or the Hurst City Council. The Special Projects Fund allows for
pay-as-you-go purchases to minimize the level of tax-supported debt.

ESTIMATED FUND BALANCE OCTOBER 1, 2025 $20,954,798

Policy Reserve $8,500,000
Other Reserves, Commitments and Assignments 12,454,798 $20,954,798

REVENUES

Interest Earnings $838,192
FY 25 Year End Transfer 2,000,000 $2,838,192

TOTAL FUNDS AVAILABLE $23,792,990

EXPENDITURES

CAPITAL IMPROVEMENT PROGRAM & OTHER EXPENDITURES

Project Commitments 117,761
Approved Capital Projects 2,211,347
Other Project Assignments 20,831,882
Proposed Project/Capital Commitments 632,000 23,792,990

TOTAL PROJECT EXPENDITURES, COMMITMENTS, & OTHER ASSIGNMENTS 23,792,990