Page 108 - CityofKennedaleFY26AdoptedBudget

OVERVIEW: WATER IMPACT FEE AND SEWER IMPACT FEE FUNDS

Each of these funds, Water Impact (61) and Sewer Impact (62), receive revenue from fees
associated with new development. Expenditures are tied to projects within the scope of each
fund and can be used to pay related debt through a transfer to the appropriate fund, typically
the Water/Sewer Fund (10).

FUND 61 - WATER IMPACT FUND
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
61-4201-00-00 IMPACT FEES 24,947 20,000 22,000 15,000
61-4401-00-00 INVESTMENT INCOME 4,298 4,100 5,766 4,000
TOTAL REVENUES $ 29,245 $ 24,100 $ 27,766 $ 19,000

Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
61-5580-00-00 ENGINEERING SERVICES - - - -
TOTAL EXPENDITURES $ - $ - $ - $ -

REVENUES OVER (UNDER) EXPENDITURES $ 29,245 $ 24,100 $ 27,766 $ 19,000

Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
61-5710-00-00 TRANSFER OUT - W/S FUND (30,000) (30,000) (30,000) (30,000)
TOTAL OTHER FINANCING SOURCES (USES) $ (30,000) $ (30,000) $ (30,000) $ (30,000)

NET CHANGE IN FUND BALANCE $ (755) $ (5,900) $ (2,234) $ (11,000)

BEGINNING FUND BALANCE — OCT 1 $ 98,520 $ 97,765 $ 97,765 $ 95,531
ENDING FUND BALANCE — SEPT 30 $ 97,765 $ 91,865 $ 95,531 $ 84,531

FUND 62 - SEWER IMPACT FUND
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
62-4201-00-00 IMPACT FEES 19,655 25,000 15,651 15,000
62-4201-00-00 INVESTMENT INCOME 5,738 5,700 5,226 5,000
TOTAL REVENUES $ 25,392 $ 30,700 $ 20,877 $ 20,000

Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
62-5580-00-00 ENGINEERING SERVICES - - -
TOTAL EXPENDITURES $ - $ - $ - $ -

REVENUES OVER (UNDER) EXPENDITURES $ 25,392 $ 30,700 $ 20,877 $ 20,000

Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
62-5710-00-00 TRANSFER OUT- W/S FUND (60,000) (60,000) (60,000) (60,000)

TOTAL OTHER FINANCING SOURCES (USES) $ (60,000) $ (60,000) $ (60,000) $ (60,000)

NET CHANGE IN FUND BALANCE $ (34,608) $ (29,300) $ (39,123) $ (40,000)

BEGINNING FUND BALANCE — OCT 1 $ 144,213 $ 109,605 $ 109,605 $ 70,482
ENDING FUND BALANCE — SEPT 30 $ 109,605 $ 80,305 $ 70,482 $ 30,482

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