Page 18 - Benbrook FY2021
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OPERATING FUNDS
The General Fund and the Debt Service Fund are classified as the City of Benbrook’s Operating Fund. Property tax revenue is the primary
source of revenue for these two funds. Other sources of revenue include: franchise taxes from utility providers; sales tax; licenses, permits, and
filing fees; municipal court fines and forfeitures; revenue from other agencies; use of money and property; charges for current services; and
other miscellaneous revenue. A source of funding unique to the Debt Service Fund is the transfer of revenue from stormwater utility fees from
the Stormwater Utility Fund for payment of principal and interest on drainage projects that were initiated prior to the establishment of the
Stormwater Utility Fund. Also, a transfer to the Debt Service Fund from the TIF Fund for TIF related debt.
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