Page 169 - Fort Worth City Budget 2019

Debt Service Fund

Stormwater Debt Service

FUND SUMMARY

FY2017 FY2018 FY2018 FY2019 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Use of Money & Property 289,300 - 2,000 - - 0.00%
Transfer In 6,844,449 9,137,956 9,137,956 9,246,952 108,996 1.18%
Revenue $ 7,133,748 $ 9,137,956 $ 9,139,956 $ 9,246,952 $ 108,996 1.19%

Debt Service Accts 9,133,890 9,137,956 9,139,956 9,137,974 18 0.00%
Transfer Out & Other 2,897 - - 108,978 108,978 0.00%
Expenses $ 9,136,787 $ 9,137,956 $ 9,139,956 $ 9,246,952 $ 108,996 1.19%

FUND PURPOSE AND GOALS

The Stormwater Debt Service Fund is used to fund projects which update, upgrade, or improve the city’s current
storm water system. It also includes long range development planning of the system.

The following chart provides principal and interest by series for each debt issuance that has a payment due in
FY2019.

FY2019 Principal Interest Total
$ 4,640,000 $ 4,497,974 $ 9,137,974
Series 2009 Drainage Utility Revenue 1,405,000 1,415,330 2,820,330
Series 2011 Drainage Utility Revenue 2,420,000 2,464,119 4,884,119
Series 2016 Drainage Utility Revenue 815,000 618,525 1,433,525

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