CITY OF DESOTO FUND HOTEL OCCUPANCY TAX FUND 221 SUMMARY
Actuals FY
Budget FY
Projected FY
Adopted
Planning FY
2019
2020
2020
2021
2022
LINE ITEMS
FUND BALANCE-BEGINNING
$1,526,247
$1,427,565
$1,427,565
$1,298,112
$1,204,132
REVENUES HOTEL OCCUPANCY TAX FUND
$985,335 $22,579 $27,143
$1,000,000
$1,000,000
$750,000
$1,000,000
CHARGES FOR SERVICES
$13,500 $10,000
$13,500 $15,600
$8,500 $2,000
$8,500 $2,000
INTEREST
TOTAL REVENUES
$1,035,056 $2,561,303
$1,023,500 $2,451,065
$1,029,100 $2,456,665
$760,500
$1,010,500 $2,214,632
TOTAL AVAILABLE RESOURCES
$2,058,612
EXPENDITURES PERSONNEL
$16,529
$15,461 $1,000 $892,092 $39,759 $250,000
$15,461 $1,000 $892,092
$14,288
$15,461
SUPPLIES
$101
$600
$600
SERVICES & PROFESSIONAL FEES
$621,518 $143,541 $352,049
$839,592
$839,592
CAPITAL OUTLAY
$0
$0 $0
$0 $0
TRANSFERS
$250,000
OPERATING EXPENDITURES
$1,133,738
$1,198,312
$1,158,553
$854,480
$855,653
TOTAL EXPENDITURES
$1,133,738
$1,198,312
$1,158,553
$854,480
$855,653
FUND BALANCE - ENDING
$1,427,565
$1,252,753
$1,298,112
$1,204,132
$1,358,979
$258,764 $1,168,801
$255,875 $996,878
$257,275 $1,040,837
$190,125 $1,014,007
$252,625 $1,106,354
Reserve Requirement - 25%*Proj. Rev. Amount over/(under) Reserve Requirement
299
Made with FlippingBook - professional solution for displaying marketing and sales documents online