Page 53 - Fort Worth City Budget 2019

Budget Highlights

Operating Funds: Financial Summary

FY2017 FY2018 FY2018 FY2019 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Property Tax 436,032,521 465,549,937 465,549,937 500,466,305 34,916,368 7.50%
Sales Tax 218,269,995 228,302,000 228,302,000 239,829,962 11,527,962 5.05%
Other Tax 83,380,370 84,925,149 84,925,149 87,027,021 2,101,872 2.47%
License & Permits 18,193,343 16,951,636 16,896,636 17,901,459 949,823 5.60%
Intergovernmental 9,256,287 8,480,957 9,221,586 11,100,873 2,619,916 30.89%
Charge for Service 617,858,806 629,492,393 656,940,344 630,134,178 641,785 0.10%
Fines & Forfeitures 15,492,976 14,964,444 14,964,444 14,310,585 (653,859) -4.37%
Use of Money & Property 21,689,320 24,124,153 28,991,776 30,120,401 5,996,248 24.86%
Special Assesments - - - - - 0.00%
Other 160,986,672 163,780,968 167,152,605 165,822,529 2,041,561 1.25%
Transfer In 243,768,668 208,442,304 219,358,540 197,217,340 (11,224,964) -5.39%
Total Revenue 1,824,928,956 1,845,208,281 1,892,303,017 1,893,930,653 48,916,712 2.65%

Use of Fund Balance - 18,785,778 22,962,957 23,014,738 4,228,960 22.51%

Salaries & Benefits 641,797,589 676,410,764 680,500,037 715,008,242 38,597,478 5.71%
Gen Operating & 583,008,190 620,447,127 620,881,765 645,077,059 24,629,932 3.97%
Maintenance
Capital Accts 1,044,813 16,000 764,570 16,000 - 0.00%
Debt Service Accts 236,543,162 223,737,453 233,046,806 230,284,861 6,547,408 2.93%
Transfer Out 334,926,999 330,022,507 352,337,713 335,329,821 5,307,314 1.61%
Contra Accounts - - - (26,690,372) (26,690,372) 0.00%
Project Budget Account - 3,386,108 7,418,505 - (3,386,108) -100.00%
Total Expenses 1,797,320,754 1,854,019,959 1,894,949,396 1,899,025,611 45,005,652 2.43%

Contribution to Fund
Balance $ - $ 9,779,760 $ $ 17,919,780 $ 8,140,020 83.23%

Revenues Over(Under) $ 27,608,202 $ - $ $ - $ - 0%
Expenses
Note: Contra accounts are used to reduce expenditures between departments of the General Fund.

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