Page 195 - Azle City Budget 2019

S S Sp p pe e ec c ci i ia a al l l P P Pu u ur r rp p po o os s se e e F F Fu u un n nd d ds s s

The Special Purpose Funds are used to account for resources associated with a
specific purpose. The use of these funds is dedicated to specific purposes that are
approved by voters within the city or created by ordinance approved by the City Council.
The City of Azle currently has six special purpose funds: Street Maintenance Fund,
Court Security Fund, Court Technology Fund, Hotel/Motel Tax Fund, Cable PEG Fee
Capital Projects Fund, the Crime Control & Prevention District Fund, and the Municipal
Development District Fund. The Crime Control & Prevention District and Municipal
Development District budgets are approved by the City Council; however, they are
adopted separately from this budget.

Revenues are derived primarily from taxes and/or fines and fees. The fund is
accounted for on a modified accrual basis of accounting. Revenues are recorded when
available and measurable. Expenditures are recorded when the liability is incurred.

City of Azle 2018-2019 Budget 183