Page 211 - Fort Worth City Budget 2019

Public Improvement District Fund

PID #7 – Heritage

FUND SUMMARY

Change from
FY2017 FY2018 FY2018 FY2019 FY2018 Adopted
Final Adopted Adjusted Adopted Amount %
Charge for Service 189,726 - - - - 0.00%
Use of Money & Property 14,532 - - - - 0.00%
Other 1,811,789 1,954,758 1,954,758 1,977,379 22,621 1.14%
Transfer In - 191,096 191,096 191,096 - 0.00%
Use of Fund Balance - 75,000 75,000 189,122 114,122 60.34%

Revenue $ 2,016,047 $ 2,220,854 $ 2,220,854 $ 2,357,597 $ 136,743 5.80%

Gen Operating & Maintenance 1,782,116 2,181,759 2,181,759 2,314,227 132,468 5.72%
Transfer Out & Other 35,853 39,095 39,095 43,370 4,275 9.86%
Expenses $ 1,935,773 $ 2,220,854 $ 2,220,854 $ 2,357,597 $ 136,743 5.80%

FUND PURPOSE AND GOALS

Public Improvement District (PID) #7 – Heritage was established by petition of the property owners in perpetuity
on September 26, 2000. It encompasses 927 acres of primarily residential neighborhoods located in far northeast
Fort Worth, east of I35W and north of Loop 820. The Heritage PID has two assessment rates, one for residential,
and another for commercial properties.

The Heritage PID funds are utilized for landscaping, maintenance of grounds, utilities, administration, and capital
improvements including a new irrigation system, low maintenance landscaping, benches, picnic tables, and
lighting.

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