Page 154 - Haltom City FY19 Annual Budget

CITY OF HALTOM CITY
FUND STRUCTURE

The accounts of the City of Haltom City are organized on the basis of funds, each of which is
considered to be a separate accounting entity. The operations of each fund are summarized as
follows:

GOVERNMENTAL FUND TYPES

General Fund

The General Fund is the operating fund of the City. All general tax revenues and other receipts
that are not restricted by law or contractual agreement to some other fund are accounted for in
this fund. The General Fund records general operating expenditures, fixed charges, and capital
improvement costs that are not paid through other funds. Activities operating in the General
Fund include:
• General Government (City Manager’s Office, City Secretary, City Council, Finance,
Purchasing, Human Resources, Planning and Community Development, Information
Technology, Municipal Court and Non-Departmental).
• Police (Police, Animal Controls, and Code Enforcement)
• Fire
• Public Works (Fleet, Building Maintenance and Streets).
• Parks and Recreation (Parks, Recreation, Senior Services)
• Library

Debt Service Fund

The Debt Service Fund is used to account for monies accumulated for the payment of principal,
interest, and related costs of general long-term liabilities paid from taxes levied by the City. This
is administered by the Finance Department and considered a Finance function.

Special Revenue Funds

The Special Revenue Funds are used to account for the specific revenue sources that are legally
restricted to expenditure for specified purposes. Financing is provided by program charges,
contributions, hotel occupancy tax, sales tax and cable franchise fee. Current Special Revenue
Funds include:

• Economic Development Fund, administered by City Manager’s Office
• Crime Control and Prevention District, administered by Police Department.
• Oil and Gas Fund, administered by Finance Department.
• Hotel/Motel Tax Fund, administered by City Manager’s Office.
• Court Security Fund, administered by Finance Department and Municipal Court.
• Court Technology Fund, administered by Finance Department and Municipal Court.
• Juvenile Case Manager Fund, administered by Finance Department and Municipal Court.
• Red Light Camera Fund, administered by Police Department.
• Grant Fund administered by Finance Department and grantor departments.
• PEG Fund administered by Finance Department and Information Technology Department

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