Page 69 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

OPERATING FUNDS REVENUES

Operating revenues in the City's 2019-20 Budget in the amount of $22,650,378 are based upon a projected net increase of $1,108,477
over the 2018-19 re-estimate of $21,541,901. Total projected 2019-20 revenues, along with 2018-19 re-estimate and 2017-18 actual
revenue amounts are summarized in the following table. Explanations of the assumptions and methodology used to project these operating
revenues are provided following the table.

OPERATING FUNDS REVENUE SUMMARY

PERCENTAGE
ACTUAL RE-ESTIMATE BUDGET CHANGE FROM CHANGE FROM
REVENUES BY SOURCE FY 2017-18 FY 2018-19 FY 2019-20 RE-ESTIMATE RE-ESTIMATE

Ad Valorem Taxes $ 11,820,511 $ 12,846,261 $ 14,282,365 $ 1,436,104 11.18%
Franchise Taxes 1,399,945 1,591,000 1,475,000 (116,000) -7.29%
Sales and Other Taxes 2,456,901 2,654,400 2,704,500 50,100 1.89%
Licenses and Permits 445,618 702,008 499,775 (202,233) -28.81%
Fines and Forfeitures 748,566 731,000 788,000 57,000 7.80%
Use of Money and Property 173,905 268,000 273,000 5,000 1.87%
Revenue from Other Agencies 422,003 575,000 480,000 (95,000) -16.52%
Charges for Current Services 899,463 931,850 929,850 (2,000) -0.21%
Other Revenue 77,506 28,000 28,000 - 0.00%
Transfers 1,070,467 1,214,382 1,189,888 (24,494) -2.02%

TOTAL REVENUES $ 19,514,885 $ 21,541,901 $ 22,650,378 $ 1,108,477 5.15%

69 | P a g e