Page 81 - Mansfield 2019 Operating Budget

Fines & Forfeitures

The fines and forfeiture revenue make up approximately 3% of General Fund budgeted revenue in FY
2018-2019. Primary sources of revenue include gas well inspection fees, engineering fees and court fines,
and account for 79.3% of the total revenue generated in this activity. Other revenues include animal
shelter fines, library fines, alarm permit fees and miscellaneous fines. Gas well inspection fees are
budgeted at $460,000 and court fines are budgeted at $912,153. Decreased revenue in fines and fees are
the result of a reduction in traffic related citations and improved traffic enforcement initiatives.

Fines Revenue
$3,000,000
$2,500,000

$2,000,000

$1,500,000
$1,000,000

$500,000
$0
2015 2016 2017 Budget 2018 Budget 2019

DEBT SERVICE FUND REVENUE ASSUMPTIONS

FY 2018-2019 revenues in the Debt Service Fund are based on the amount of outstanding General Fund
Operating Debt requirements. The budgeted amount for FY 2018-2019 in the Debt Service Fund is
$14,899,424. This budgeted amount is $480,444 more than FY 2017-2018.

Property Tax Revenue

Property tax accounts for 100% of all funding in the General Obligation Debt Service Fund. Illustrated
below is a summary of the Debt Service Fund future projections.

General Obligation Debt as a Percentage
40% of Property Tax Revenue

35% 33.7% 34.0% 33.7% 33.2%

31.8%
30%

25%

20%
2015 2016 2017 Budget 2018 Budget 2019

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