Page 440 - Hurst FY19 Approved Budget

PARK DONATION FUND

In 1982, The Parks and Recreation Board Approved and the City Council Approved the
creation of a Park Donation Fund. The Park Donation Fund collects a 75-cent voluntary
donation from Hurst citizens as revenue to be used for parks and recreation projects.
This is collected on a monthly basis through the utility billing system. Projects from
this fund are recommended by the Parks and Recreation Board and are Approved by
the City Council. These projects are usually designed to add improvements to the parks
system that are not funded in the regular budget and meet certain requirements linked
to: 1) a high visibility in the community; 2) a readily identifiable one-time enhancement;
and 3) a community-wide appeal.

CITY OF HURST

2018-2019 APPROVED BUDGET
PARK DONATION FUND
REVENUE AND EXPENDITURES

FUND BALANCE OCTOBER 1, 2018 $220,411

REVENUES
Donation Receipts $85,000
TOTAL REVENUES $85,000
TOTAL FUNDS AVAILABLE $305,411

APPROVED EXPENDITURES
Parks
Vivagene Copeland Park Improvements $50,000
Smith Barfield Playground Replacement 50,000

TOTAL EXPENDITURES $100,000

FUND BALANCE AT SEPTEMBER 30, 2019 $205,411

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