Page 114 - CityofKennedaleFY26AdoptedBudget
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OVERVIEW: ROADWAY IMPACT FEE FUND
Similar to other impact fee funds, the Roadway Impact Fee Fund (45) is funded primarily with
new development fees and used to fund related projects. For FY26, transfers to cover a portion
of Certificates of Obligation issued in 2007 (Fund 10) and TIRZ projects (Fund 21) are scheduled
to continue in the same amounts as FY25. In FY26 Hilltop Drive will be resurfaced using
proceeds from this fund.
FUND 45- ROADWAY IMPACT FUND
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
45-4215-00-00 IMPACT FEES 145,066 40,000 44,250 20,000
45-4401-00-00 INVESTMENT INCOME 15,070 16,200 13,951 14,000
TOTAL REVENUES $ 160,137 $ 56,200 $ 58,201 $ 34,000
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
45-5582-01-01 IMPACT FEE STUDY 192,723 - 15,000 50,000
45-5407-01-01 STREET MAINTENANCE 200,000
TOTAL EXPENDITURES $ 192,723 $ - $ 15,000 $ 250,000
REVENUES OVER (UNDER) EXPENDITURES $ (32,586) $ 56,200 $ 43,201 $ (216,000)
Account Description FY24 Actual FY25 Budget FY25 Projected FY26 Budget
45-5711-00-00 TRANSFER OUT - WATER (97,525) (97,525) (97,525) (97,525)
45-5798-00-00 TRANSFER OUT-TIF #1 (10,000) (10,000) (10,000) (10,000)
TOTAL OTHER FINANCING SOURCES (USES) $ (107,525) $ (107,525) $ (107,525) $ (107,525)
NET CHANGE IN FUND BALANCE $ (140,111) $ (51,325) $ (64,324) $ (323,525)
BEGINNING FUND BALANCE — OCT 1 $ 569,754 $ 429,643 $ 429,643 $ 365,319
ENDING FUND BALANCE — SEPT 30 $ 429,643 $ 378,318 $ 365,319 $ 41,794
CITYOFKENNEDALE.COM/FINANCE 113
