Page 60 - Colleyville FY21 Budget

LICENSES & PERMITS
The revenues for licenses and permits are based
upong growth in both residential and $1,600,000
commercial development. Residential permits $1,400,000
$1,200,000
are estimated to decrease gradually over the
$1,000,000
next several years as the number of available
$800,000
lots decreases. Redevelopment of residential $600,000
lots is expected to increase, while new $400,000
subdivision construction will slow. Commercial $200,000
development continues to fluctuate with the $-
FY FY FY FY FY FY FY FY FY
economy.
2013 2014 2015 2016 2017 2018 2019 2020 2021

FINES
Revenue from fines is projected to be $620,000
for FY 2021. This includes $550,000 in fines, $1,200,000
$10,000 in library fines, and annual alarm $1,000,000
$800,000
registration fees of $60,000. Overally, fines
$600,000
have been decreasing significantly since FY
$400,000
2015, although the low-to-mid $600,000 range $200,000
appears to be holding steady. $-
FY FY FY FY FY FY FY FY FY
2013 2014 2015 2016 2017 2018 2019 2020 2021

CHARGES FOR SERVICES
FY 2020 has brought several enomalies with the
City’s service charges. First, due to facility $2,500,000
closures charges from the Colleyville Center,
$2,000,000
recreation programs, and library programs
essentially ceased during their traditional peak $1,500,000
period. FY 2021 assumes these return to
normal, albeit cautiously. However, the biggest $1,000,000
anomaly in FY 2020 was the CARES Act revenue,
$500,000
totaling $1.395 million. This was coded to a
service charge code, resulting in a large increase $-
FY FY FY FY FY FY FY FY FY
over FY 2019.
2013 2014 2015 2016 2017 2018 2019 2020 2021

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