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Park Land Dedication Fund
The Park Land Dedication Fund is used to account for the acquisition of land for new
park sites and to make improvements to or expand existing parks to better serve
new development. Fees collected from platting of new residential and commercial
property funds the improvements.

CONCLUSION

The City is committed to ensuring that residents receive excellent value for their tax
dollars, with which staff is able to provide the programs, services, and infrastructure
investment that form the foundation of the quality of life in Colleyville.

As always, staff will continue to be diligent in its review of City finances in order to
assist the City Council in making decisions that will ensure the fiscal viability of its
government. Additionally, staff will continue to evaluate and improve business
practices in an effort to find efficiencies, while also looking at regional synergies and
collaborations to reduce ongoing costs.

The fiscal year 2020 budget is presented with the commitment and confidence that
it effectively funds those priorities identified by the City Council. We look forward to
working with you to achieve all the goals set forth therein.

Jerry Ducay Mark Wood Adrienne Lothery

Jerry Ducay Mark Wood Adrienne Lothery
City Manager Assistant City Manager Assistant City Manager

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