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FISCAL YEAR 2018-2019
SCHEDULE 7 - SUMMARY OF REVENUES AND EXPENDITURES

TAX INCREMENT FINANCING FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2015/16 FY 2016/17 FY 2017/18 FY 2017/18 FY 2018/19
TAX INCREMENT FINANCING DISTRICT #1
REVENUES

Tax Increment Financing District #1 Taxes
City of North Richland Hills 22,458 $45,432 $46,730 $46,730 $95,408
Tarrant County Hospital District 16,726 18,164 18,968 18,968 38,178
Tarrant County College District 10,972 11,536 12,046 12,046 23,816
Tarrant County 19,376 0 21,141 21,141 41,507
Birdville ISD 106,705 115,882 121,009 121,009 0
Sub-Total 176,236 $191,014 $219,894 $219,894 $198,909
Other Funding Sources
Investment Income 7,687 $3,313 $5,816 $11,440 $11,440
Bond Defeasance / Refunding Proceeds 0 0 0 0 0
Appropriation of Fund Balance 497,745 471,719 433,935 433,935 0
Sub-Total 505,432 $475,032 $439,751 $445,375 $11,440

TOTAL REVENUES 681,668 $666,047 $659,645 $665,269 $210,349

EXPENDITURES & TRANSFERS
TIF #1 Debt Service 681,668 $666,046 $659,645 $659,645 $111,958
Bond Defeasance / Refunding 0 0 0 0 0
TOTAL EXPENDITURES 681,668 $666,046 $659,645 $659,645 $111,958
BALANCE 0 $0 $0 $5,624 $98,391

TAX INCREMENT FINANCING DISTRICT #2
REVENUES
Tax Increment Financing District #2 Taxes
City of North Richland Hills 1,568,740 $1,896,052 $2,307,648 $2,307,648 $2,610,197
Tarrant County Hospital District 691,531 811,368 998,181 998,181 1,115,729
Tarrant County College District 453,674 517,776 633,902 633,902 696,316
Tarrant County 801,082 879,200 1,112,493 1,112,493 1,213,025
Sub-Total 3,515,026 $4,104,396 $5,052,224 $5,052,224 $5,635,267
Other Funding Sources
Investment Income 12,003 $1,938 $0 $0 $0
Bond Defeasance / Refunding Proceeds 997,157 $0 $0 $0 $0
Sub-Total 1,009,160 $1,938 $0 $0 $0

TOTAL REVENUES 4,524,186 $4,106,334 $5,052,224 $5,052,224 $5,635,267

EXPENDITURES & TRANSFERS
TIF #2 Debt Service 2,146,045 $2,346,287 $2,292,323 $2,292,323 $2,232,753
Bond Defeasance / Refunding 1,005,58 6 0 0 0 0
Sub-Total 3,151,631 2,346,287 2,292,323 2,292,323 2,232,753
TOTAL EXPENDITURES 3,151,631 2,346,287 2,292,323 2,292,323 2,232,753
BALANCE 1,372,555 $1,760,047 $2,759,901 $2,759,901 $3,402,514

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