Page 130 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

GENERAL FUND
REVENUES BY SOURCE - DETAIL
ACTUAL, BUDGET, AND ESTIMATED
FY 2016-17 TO 2019-20

Variance
Actual Actual Budget Estimated Favorable Budget
Account Description 2016-17 2017-18 2018-19 2018-19 (Unfavorable) 2019-20

Current Ad Valorem Taxes $ 10,467,234 $ 11,132,561 $ 12,692,665 $ 12,051,243 $ 1,584,015 $ 13,635,258
Current Penalty and Interest 36,186 34,201 35,000 33,000 2,000 35,000
Delinquent Ad Valorem Taxes 131,449 122,564 140,000 90,000 10,000 100,000
Delinquent Penalty & Interest 35,996 23,110 30,000 20,000 5,000 25,000
AD VALOREM TAXES $ 10,670,865 $ 11,312,436 $ 12,897,665 $ 12,194,243 $ 1,601,015 $ 13,795,258

Electrical Franchise Tax $ 731,207 $ 720,028 $ 735,000 $ 823,000 $ (23,000) $ 800,000
Natural Gas Franchise Tax 87,434 73,392 90,000 93,000 (3,000) 90,000
Telephone Franchise Tax 87,625 39,398 175,000 100,000 (25,000) 75,000
Sanitation Franchise Tax 307,839 288,015 350,000 325,000 10,000 335,000
Cable TV Franchise Tax 290,530 279,112 280,000 250,000 (75,000) 175,000
FRANCHISE TAXES $ 1,504,635 $ 1,399,945 $ 1,630,000 $ 1,591,000 $ (116,000) $ 1,475,000

City Sales Tax $ 2,315,191 $ 2,452,393 $ 2,450,000 $ 2,650,000 $ 50,000 $ 2,700,000
Mixed Drinks Tax 4,343 4,508 4,400 4,400 100 4,500
Other Taxes - - - - - -
OTHER TAXES $ 2,319,534 $ 2,456,901 $ 2,454,400 $ 2,654,400 $ 50,100 $ 2,704,500

TOTAL TAXES $ 14,495,034 $ 15,169,282 $ 16,982,065 $ 16,439,643 $ 1,535,115 $ 17,974,758

Animal Licenses $ 692 $ 545 $ 700 $ 700 $ - $ 700
Miscellaneous Licenses 28,155 900 3,000 1,300 100 1,400
TOTAL LICENSES $ 28,847 $ 1,445 $ 3,700 $ 2,000 $ 100 $ 2,100

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