Page 341 - Hurst FY20 Approved Budget

PARK DONATION FUND

In 1982, The Parks and Recreation Board approved and the City Council approved the creation of a Park
Donation Fund. The Park Donation Fund collects a 75-cent voluntary donation from Hurst citizens as
revenue to be used for parks and recreation projects. This is collected on a monthly basis through the
utility billing system. Projects from this fund are recommended by the Parks and Recreation Board and
are approved by the City Council. These projects are usually designed to add improvements to the parks
system that are not funded in the regular budget and meet certain requirements linked to: 1) a high
visibility in the community; 2) a readily identifiable one-time enhancement; and 3) a community-wide
appeal.

CITY OF HURST
2019-2020 APPROVED BUDGET
PARK DONATION FUND
REVENUE AND EXPENDITURES

FUND BALANCE OCTOBER 1, 2019 $245,928

REVENUES

Donation Receipts $85,000

TOTAL REVENUES $85,000

TOTAL FUNDS AVAILABLE $330,928

APPROVED EXPENDITURES

Parks
Dog Park Phase III $175,000

TOTAL EXPENDITURES $175,000

FUND BALANCE AT SEPTEMBER 30, 2020 $155,928

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