Fund Balance Changes

2021-2022 Annual Budget

Fund Balance by Fund

Fund Balance Current Year Changes

Enterprise Funds

Water & Sewer Fund - Decrease in fund balance due to moving fund balance over 365 days to W/S Capital Bond Fund for projects based on new policy and taking money out of fund balance for meter/transmitter replacement program


Stormwater Fund - Decrease in fund balance due to using funds for a capital project


Splash Dayz Fund - No change in fund balance due to adopting a balanced budget with transfers

Special Revenue Funds

Economic Development Corporation Fund - Decrease in fund balance due to revenues not covering debt expense and using fund balance


Hotel/Motel Occupancy Tax Fund - Decrease in fund balance due to more funds budgeted to be spent than coming in from hotel taxes


Crime Control Prevention District Fund - Decrease in fund balance due to adopting a budget with more expenditures that revenues for enterprise vehicle purchases


Cares / ARPA Act Fund - Increase in fund balance due to budgeting to use new ARPA funds

Capital Funds

Capital Bond Fund - Decrease in fund balance due to using bond funds on designated projects


Street Improvement Fund - Decrease due to transferring excess funds to Internal Service Fund for street replacements in future


TIRZ Fund - Increase due to new TIRZ district and first year of collections from entities


W/S Capital Bond Fund - Decrease in funds to budgeting for new projects to be spent with new bond funds and fund balance from Water & Sewer Fund

General Funds Combined

General Fund - Decrease in fund balance due to using fund balance to continue to fund deficit operations in Splash Dayz Fund


Pride Commission Fund - Decrease in fund balance so that funds are not built up in the fund funded by General Fund

Debt Service

Debt Service Fund - Increase in fund balance due to collecting additional property taxes

Internal Service Fund

Internal Service Fund - Increase due to transferring excess fund balance from General Fund for asset replacement