Page 81 - Mansfieldr FY20 Approved Budget

Fines & Fees

The fines and fees revenue make up approximately 3% of General Fund budgeted revenue in FY 2019-
2020. Primary sources of revenue include gas well inspection fees, engineering fees and court fines, and
account for 82% of the total revenue generated in this activity. Other revenues include animal shelter
fines, library fines, alarm permit fees and miscellaneous fines. Gas well inspection fees are budgeted at
$462,000 and court fines are budgeted at $905,310. A decrease in budgeted fines and fees revenue is the
result of a reduction in traffic related citations and improved traffic enforcement initiatives.

Fines Revenue
$2,500,000

$2,300,000

$2,100,000

$1,900,000

$1,700,000

$1,500,000
2016 2017 2018 Budget 2019 Budget 2020

DEBT SERVICE FUND REVENUE ASSUMPTIONS

FY 2019-2020 revenues in the Debt Service Fund are based on the amount of outstanding General Fund
Operating Debt requirements. The budgeted amount for FY 2019-2020 in the Debt Service Fund is
$15,416,960. This budgeted amount is $517,536 more than FY 2018-2019.

Property Tax Revenue

Property tax accounts for 100% of all funding in the General Obligation Debt Service Fund. Illustrated
below is a summary of the Debt Service Fund future projections.

General Obligation Debt as a Percentage
40% of Property Tax Revenue

35% 34.0% 33.7% 33.2%

31.8% 31.8%
30%

25%

20%
2016 2017 2018 Budget 2019 Budget 2020

81