Page 2 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

TABLE OF CONTENTS

SECTION ONE – INTRODUCTION
“Truth in Taxation” Disclosure Requirements ................................................................................................................................................................. 9
Government Finance Officers Association Award for Distinguished Budget Presentation ............................................................................... 10
Key Administrative Officials ......................................................................................................................................................................................... 12
City of Benbrook Organizational Chart..................................................................................................................................................................... 13
Maps of Benbrook, Texas ............................................................................................................................................................................................. 14
Budget Format ................................................................................................................................................................................................................. 16
Fund/Department Relationships ................................................................................................................................................................................... 17
City Manager’s Budget Message ................................................................................................................................................................................ 20
City of Benbrook Goals ................................................................................................................................................................................................ 26
Core Value Statement ................................................................................................................................................................................................... 48
Basic Financial Goals ..................................................................................................................................................................................................... 51
Current Financial Condition ........................................................................................................................................................................................... 54
Debt Service .................................................................................................................................................................................................................... 56
Operating Funds Budget Proposal .............................................................................................................................................................................. 58
Budget Synopsis .............................................................................................................................................................................................................. 66
Approved Capital Expenditures .................................................................................................................................................................................. 92
Long-Range Financial Forecast .................................................................................................................................................................................... 93

SECTION TWO – STATISTICAL
Fund Description– Operating Funds .......................................................................................................................................................................... 106
Combined Summary Statement – Operating Funds ............................................................................................................................................... 107
Operating Funds Ten Year Graphic Comparison of Revenues and Expenditures ........................................................................................... 109
Operating Funds Ten Year Comparison of Revenues and Expenditures ........................................................................................................... 110
Operating Funds Ten Year Comparison of Revenues by Source ........................................................................................................................ 112
Operating Funds Ten Year Comparison of Expenditures by Fund and Division ............................................................................................... 114
Operating Funds - Graphic Presentation - Operating Revenues ........................................................................................................................ 115
Operating Funds - Graphic Presentation - Operating Expenditures ................................................................................................................. 116
Ten Year Summary of Property Tax Levies and Collections ................................................................................................................................ 117
Ten Year Summary of Assessed Valuations ............................................................................................................................................................. 118
Ten Year Summary of Property Tax Rates and Exemptions ................................................................................................................................ 119
Ten Year Summary of Tax Revenues by Source ..................................................................................................................................................... 120

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