Page 136 - Microsoft Word - FY 2020 Adopted Budget Document

General Fund Summary

GENERAL FUND REVENUES
General Fund revenue classifications range from Taxes (primarily Sales and Property), which comprise 69.5 percent of General
Fund revenues, to Miscellaneous Revenues, which comprise 1.0 percent.

Taxes

The largest single revenue source for the General Fund is Ad Valorem taxes, also known as property taxes. The adopted
property tax rate for FY 2020 is $0.6240 per $100 valuation. Of this tax rate, 71.6 percent, or $0.4467, will be used for General
Fund activities. The remaining 28.4 percent, or $0.1773, will be used for debt service. General Fund property tax revenue for
FY 2020 is estimated to be $118,832,717 from the total tax base of $29,073,063,356. The General Fund’s portion of the sales
tax rate is 1 percent. Sales tax revenue for FY 2020 is estimated at $68,375,846. Other taxes include the Criminal Justice Tax,
Bingo Tax, and Liquor Tax.

Franchise Fees

Franchise Fees are those fees paid by utilities for the use of City streets, alleys, and property in providing their services to
citizens, and account for 13.3 percent of the General Fund revenues. The largest of these is the Electric Franchise Fee, at
$12.43 million. Other Franchise Fees include the Telephone, Water, Cable Television, and Gas utilities, and royalties from the
Landfill.

Service Charges

Service Charges account for 6.4 percent of General Fund revenues, at $17,139,027. These fees are charged by the City for
the use of City facilities or services. This includes selected code compliance fees, various reviews and inspections conducted
by City personnel, and transfers from other City funds to reimburse the General Fund for services rendered.

All Other Revenues

The other revenue sources for the General Fund include Fines and Forfeitures, Licenses and Permits, Leases and Rent, and
Miscellaneous. Fines and Forfeitures account for 4.1 percent of General Fund revenue, at $11,150,569. Municipal Court fines
account for 98.8 percent of Fines and Forfeitures, at $11,017,639. Licenses and Permits account for 2.7 percent of General
Fund revenue, and include development-related permits such as building, mechanical, electrical and plumbing permits, and
certificates of occupancy. Also included in this category are health and safety items such as fire and childcare permits. Total
revenue for this category is $7,337,501. Leases and Rents are estimated at $5,420,847, or 2.0 percent of total revenues in the
fund. The City’s landfill lease, at $2.2 million, is the largest revenue source in this category. The final revenue category is
Miscellaneous at $2,644,822, or 1.0 percent.

INTERFUND TRANSFERS

Interfund transfers for FY 2020 include three broad categories. The first of these is indirect costs, which are payments by non-
General Fund departments for services received from the General Fund. These services include payroll, information technology,
accounting, and building use. Indirect costs total $5,448,483 for FY 2020. Support for other funds includes amounts paid by the
General Fund to the Special Transit Fund ($1,000,000), Park Performance Fund ($1,290,000), and Street Maintenance Fund
($6,543,721). The transfers also include the receipt of funds for one-time expenditures ($2.2 million from the ATF and natural
gas funds) and transfers of balances to provide $1.4 million in funding for reserves. In the aggregate, the net impact of interfund
transfers in FY 2020 is $4,068,141 transferred out of the General Fund.

2020 Adopted Budget and Business Plan 123 City of Arlington, Texas