Page 60 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

The 2019-20 Budget includes expansion of the City’s street overlay program and the rebuilding of Benbrook streets by transferring $100,000
from the Road Damage Fund and by increasing the amount of funds allocated for street and infrastructure improvements. This special revenue
fund was established to repair City streets damaged from the transport of natural gas equipment and vehicles.

Funds in the amount of $15,000 are included in the 2019-20 Budget for participation in the Tarrant County HOME Program. The Department
of Housing and Urban Development (HUD) channels grant funds through the County; the County then allocates the funds to cities to assist
owners of single-family residences with homeowner rehabilitation. The County administers the program, verifies eligibility of applicants, and
determines that rehabilitations are completed. The City of Benbrook must commit to providing matching funds equal to thirty percent of the
rehabilitation costs.

The 2019-20 Budget includes a transfer of $650,000 to the Capital Projects Fund for the construction of the Clearfork Emergency Access
Bridge.

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