HomeMy WebLinkAbout(1) Proposed Budget #3 09.14.20FY 2020-2021
Proposed Budget
September 14, 2020 - Workshop
1
Hotel Occupancy Fund
Summary
2
Hotel Occupancy Fund
Expenditures
3
Pleasure Island
Summary
4
Pleasure Island
Sources of Revenue
2020 Budget 2020 Estimate 2021 Proposed
Land Lease & Sales 579,234 579,234 615,430
Dry Storage Rentals 30,000 25,000 29,400
RV Park 240,000 275,000 264,960
Boat Slip Rentals 129,000 129,000 46,880
Fuel Facility 3,000 9,000 3,000
Transfer from General Fund 300,000 300,000 ____
Total $1,281,234 $1,317,234 $1,059,670
5
Pleasure Island
Capital
Project Name 2020 2021 2022
Boat Launch/Parking Lot Repairs 590,000
Golf Clubhouse Improvements 133,600 25,000
Security Cameras 192,000
10 Boat Lift Stalls ______ _____ 100,000
Total Projects $915,600 $25,000 $100,000
Funding Source
TX Parks & Wildlife Grant 442,500
Cash 473,100 25,000 100,000
Total Funding Source $915,600 $25,000 $100,000
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Personnel
7
IT Equipment
8
IT Equipment
9
IT Equipment
10
Police Special Fund
Summary
11
Police Special Fund
Accounts for assets seized by the police department as the result of drug enforcement arrests
Used to fund specific types of expenditures for the police department
Consists of three individual funds
Justice Asset Forfeiture
State Asset Forfeiture
Traffic Donations
12
Golf Course Fund
Summary
13
Golf Course Fund
Golf Course Operator Contract
5-year contract began November 1, 2018 and expires November 1, 2023
City is required to invest $50,000 annually in improvements to Golf Course
5% of fees are remitted to City when gross receipts exceed $500,000
14
Regulatory Enforcement Fund
Summary
15
Regulatory Enforcement Fund
Proposed Expenditures-Revised
Salaries & Benefits 118,391
Supplies & Materials 24,000
Equipment 49,500
Total Expenditures $191,891
16
Recommended Changes to Proposed Budget
Regulatory Enforcement Fund Expenditures
Proposed Reduction ($118,700)
17
Recommended Changes to Proposed Budget
General Fund
Admin/Special Projects-Youth Advisory Council $5,000
City Secretary/Elections $200,000
Total General Fund $205,000
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Adopt Budget September 15
Questions/Changes?
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