Page 23 - CITY OF WATAUGA, TEXAS ANNUAL BUDGET PORTRAIT

COMBINED SUMMARY OF REVENUES AND EXPENDITURES
ALL CITY FUNDS

Strategic Crime Control Internal
E
Initiative W/S Utility DC Sales Tax District Sales Storm Drain Capital Projects W/S Constr Fund Service
General Fund Fund 13 Fund 40 Fund 04 Tax Fund 18 Utility Fund 15 Fund 07 45 Fund 22
Estimated Beginning
Resources $9,230,290 $0 $2,657,841 $3,241,124 $1,117,331 $4,663,832 $23,177,133 $11,109,254 $1,848,870
Estimated Revenues
Taxes / Assessments 8,321,500
Sales Tax 5,017,715 993,000 1,986,000
Licenses and Permits 948,000
Franchise Fees 845,000
Intergovt Revenue 561,000 - -
Charges for Service 1,397,500 10,000,000 1,490,000 137,660
Fines & Forfeitures 621,425
Interest on Investments 380,000 - 130,000 80,000 60,000 165,000 600,000 425,000 65,000
Grant Revenue 3,200,000 150,000
Miscellaneous 445,150 529,000 2,500 146,000 - -
Operating Transfer In 950,250 - 50,000 - - - 346,000
Revenues 19,487,540 - 10,709,000 1,075,500 2,192,000 1,655,000 3,800,000 575,000 548,660
Total Available Resources 28,717,830 - 13,366,841 4,316,624 3,309,331 6,318,832 26,977,133 11,684,254 2,397,530
Estimated Expenditures

City Manager 344,500 -
City Secretary/Admin 277,000 188,600
City Attorney 75,000
Public Works Bldg. Maint. 1,084,760 - -
Human Resources 432,580
Public Works - Dev. Svcs. 380,960
Economic Development - 213,700
Strategic Initiative Projects -
Finance 641,800
Municipal Court 498,810
Library 1,333,000
Rec & Comm Svc 822,720 -
Parks 883,950 - -
Police 5,544,530 2,487,250 - -
Fire / EMS 4,343,320 - -
Public Works 762,740 1,080,630 497,000
Public Works - Fleet 513,170 -
Non-Departmental 943,550 850,280 -
Information Technology 785,850 150,420 -
Billing & Collection 628,700 -
Water Operations 2,961,710
Wastewater Operations 3,380,020
Grant Expenditures
CARES/CLFRF Grant xfer
Operating Transfer Out 120,000 - 2,877,550 491,200 38,000 195,000 - - -
Sub Total Operating 19,788,240 - 11,037,280 704,900 2,525,250 1,275,630 497,000 - -
Capital Projects/Equip 164,800 3,296,200 24,461,850 8,496,140 671,550
Debt Service
Principal Payments -
Interest Payments
Fiscal Agent Fees
Sub Total Debt Service - - - - - - - -
Total Expenditures 19,788,240 - 11,037,280 704,900 2,690,050 4,571,830 24,958,850 8,496,140 671,550
Change in Fund Balance (300,700) - (328,280) 370,600 (498,050) (2,916,830) (21,158,850) (7,921,140) (122,890)

Est. Ending Resources 8,929,590 - $2,329,561 $3,611,724 $619,281 $1,747,002 $2,018,283 $3,188,114 $1,725,980
% operating expenditures 45% 21%
$ Requirement $4,947,060 $0 $2,759,320 $138,080 $505,050 $255,126 $0 $0 $0
%Policy Requirement 25.00% 0.00% 25.00% 20.00% 20.00% 20.00% 0.00% 0.00% 0.00%
OVER/UNDER REQUIRE $3,982,530 - ($429,759) $3,473,644 $114,231 $1,491,876 $2,018,283 $3,188,114 $1,725,980
FUND BALANCE CHANGE % -3.3% 0.0% -12.4% 11.4% -44.6% -62.5% -91.3% -71.3% -6.6%

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