Page 17 - Azle City Budget 2019

Golf Course Fund

Revenues

Total revenue for FY 2018-19 is projected at $1,145,000. This amount is based on a projected
36,500 rounds of golf played. The current tiered-rate structure is proposed to remain the same
for FY 2018-19. The price of annual passes is also proposed to remain the same in this budget.
This amount does not include any funds derived from gas leases at the golf course.

Expenses

Golf Course Fund expenses are projected at $1,146,461, which is a decrease of $71,658 (6%)
above the FY 2017-18 budget. Items of note in the proposed budget include a new range
picker, cart path improvements, funds for additional personnel obtained through the P.E.O., and
course maintenance enhancements.

Stormwater Utility Fund

Stormwater revenue is projected at $290,800. The first increase in stormwater rates since it’s
2001 inception is proposed in this budget. The minimum base rate is proposed to increase
$0.50/mo. to $3.50/mo. Total available funds, including the projected beginning fund balance of
$174,361, are $465,161.

Expenses are projected at $172,638 including funds for drainage projects partially funds by the
CDBG program. A total of $83,781 is transferred to the General Fund to cover personnel costs.

Special Purpose Funds

Special Purpose Funds are used to account for resources associated with a specific purpose
and include the Street Maintenance Fund, Court Security Fund, Court Technology Fund,
Hotel/Motel Tax Fund, and the Cable PEG Fee Fund. Other Special Purpose Funds of the City
include the Crime Control and Prevention District Fund and the Municipal Development District
Fund. However, these budgets for these funds are prepared and adopted separately from this
budget.

Revenue in the Street Maintenance Fund is projected at $490,000. The projected revenue,
added to the projected beginning balance of $551,184, provides $1,041,184 for projects in the
coming year. Street Maintenance Fund expenditures are projected at $405,336 for reclamation
projects on Lamplighter Ct., Sportsman Park, Lakewood Dr. and Kerry Ln. The ending balance
in the Street Maintenance Fund is projected to be $526,684.

Revenues in the Court Security Fund are estimated for the year at $9,800. Expenditures are
projected at $5,000 to cover overtime pay for officers who act as bailiff during court
proceedings.

Court Technology Fund revenue is projected at $13,260. Expenditures are projected at $15,697
which includes court-related computer system fees.

The Hotel/Motel Tax Fund derives revenue from a seven percent tax levied upon the cost of
hotel occupancy. The purpose of this tax and these funds is to benefit tourism and the hotel
industry within Azle. Projected revenues are $22,500 for total available resources of $180,080.

City of Azle 2018-19 Budget 6