Page 217 - Fort Worth City Budget 2019
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Public Improvement District Fund
PID #16 – Walsh Ranch/Quail Valley
FUND SUMMARY
Change from
FY2017 FY2018 FY2018 FY2019 FY2018 Adopted
Final Adopted Adjusted Adopted Amount %
Other Tax - - - 477,409 477,409 100.00%
Revenue $ - $ - $ - $ 477,409 $ 477,409 100.00%
Gen Operating & Maintenance - - - 477,409 477,409 100.00%
Expenses $ - $ - $ - $ 477,409 $ 477,409 100.00%
FUND PURPOSE AND GOALS
Public Improvement District #16 – Walsh Ranch/Quail Valley was created by resolution by the Mayor and City
Council on September 27, 2016 to provide a mechanism to fund infrastructure associated with the Walsh Ranch
Development. This PID shall continue in effect until all obligations of indebtedness have been fully satisfied and
discharged. Comprising 1,703.57 acres of land, the PID is generally located north of the intersection of Interstate
Highway 20 and Interstate Highway 30, east of Farm to Market Road 1187, south of Old Weatherford Road, and
west of the Parker County – Tarrant County boundary line.
The Walsh Ranch / Quail Valley PID funds collected in fiscal year 2019 will be paid to the developer as part of the
city’s commitment to acquire the infrastructure previously installed within the development.
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