Page 83 - Mansfield 2019 Operating Budget

Environmental Services Fund

The budgeted revenue in the Environmental Services Fund for FY 2018-2019 is $2,506,886. Of this
amount, $527,770 is dedicated for principal and interest payments. The increased revenue is based on
historical revenue patterns over the last three years.

SPECIAL REVENUE FUND ASSUMPTIONS

FY 2018-2019 revenues are based on a combination of factors including analysis of historical revenue,
anticipated changes in the local economic environment and projected growth and development throughout
the City. The Special Revenue Fund includes the Hotel/Motel Tax Fund, Mansfield Park Facilities
Development Corporation Fund and the Mansfield Economic Development Corporation Fund. Each fund
has revenue that is unique to that fund and is described in the following illustrations.

Special Revenue Funds

MPFDC MEDC HOTEL/MOTEL
$6,000,000

$5,000,000

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$0
2015 2016 2017 Budget 2018 Budget 2019

Hotel/Motel Tax Fund

The budgeted revenue for FY 2018-2019 in the Hotel/Motel Tax Fund is $739,040 or an increase of
3.6% over FY 2017-2018. Revenue from this fund is derived from a hotel/motel tax of 7% on hotel and
motel occupied rooms within the City of Mansfield. In FY 2012-2013, the City expanded the tourism
program to develop a City-wide marketing strategy to attract special events, conferences and sporting
events that promote the use of hotels within the City of Mansfield. Nearby Arlington’s Dallas Cowboy’s
AT&T Stadium and local venues including Big League Dreams Sports Park, Hawaiian Falls Water Park,
and Fieldhouse USA have contributed to the increased demand for hotel space. The Dallas Stars Center
that recently opened in FY 2017-2018 will also have a positive impact on attracting visitors to local
hotels.

Mansfield Park Facilities Development Corporation

The operating budgeted revenue for FY 2018-2019 in the Mansfield Park Facilities Development
Corporation (MPFDC) budget is $5,486,065 for operations and an additional $3,154,395 in sales tax
revenue to pay for debt service. In 1992, the citizens voted a ½ cent sales tax to provide parks, cultural
facilities and equipment to enhance and expand the City of Mansfield’s park system. The primary sources
of revenue from this fund are derived from sales tax, grants, impact fees and rental fees. Sales tax

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