Page 43 - CITY OF WATAUGA, TEXAS ANNUAL BUDGET PORTRAIT

in the City. Revenue estimates are conservative, and fees are estimated to be $20,000
for FY2025-2026. Expenditures are budgeted at $10,000 this fiscal year for capital
projects. Expenditures can only be spent on capital items for the local access channel
as described by federal law. The estimated ending fund balance is $169,527.

Municipal Court Revenue Funds

Revenues for the Security Fund, Technology Fund, Truancy Prevention Fund, and Jury
Fund come from a $4.90, $4.00, $5.00, and $0.10 fee, respectively, on each citation for
which there is a conviction. Thus, as citations fluctuate up or down, these revenues
increase or decrease. For FY2025-26, revenues are forecasted at $56,300 for all these
funds combined.

For each municipal court fund, funds can be used for only specific purposes that are
outlined under the provisions of the Code of Criminal procedures or changes under
Senate Bill 346. Expenses are for technology improvements for the Court office, a portion
of the Juvenile Case Manager salary, a part-time Deputy City Marshal and upgraded
ticket writers. The total budget for this year is $96,250, leaving combined fund balances
of $125,818.

Grant Funds

The American Rescue Plan Act Coronavirus Local Fiscal Recovery Funds (CLFRF)
provided funding to local governments to broadly respond to the COVID-19 public health
emergency and restore governments to pre-pandemic staffing levels and for the provision
of general government services. Two tranches of payments were made to local
governments serving populations under 50,000. The City received a total of $6.072
million in CLFRF funding to be obligated by 2024 and fully expended by December 2026.

In July 2022, the City Council approved the Spending Plan Framework for the ARPA
funds. All remaining funds were allocated in the FY2024-2025 budgeted. There should
be a remaining balance of $0 at the end of FY2024-2025, provided all projects are
completed as planned.

Proprietary Funds

Storm Drainage Fund

A $11.00 fee per month per residential utility account was adopted through the Code of
Ordinances, to enhance drainage of properties within the City. Commercial accounts are
charged a uniform rate, but the amount charged is based on impervious area. The fee is
billed and collected through the Utility Billing Office and is 99.8% of the Storm Drain Utility

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