Page 8 - Colleyville FY21 Budget

FY 2021 Budget Message

We are pleased to present the adopted FY 2021 Combined Annual Operating Budget
for the City of Colleyville. The budget is balanced and prepared in accordance with
state law, the Colleyville City Charter, ordinances, and budget policies.

The City provides a full range of municipal services utilizing operating funds, special
revenue funds, and capital project funds to provide those services. Whenever
possible, the most restrictive funding source is used first, ultimately limiting the costs
borne by the primarily property tax-supported general fund.

The combined expenditures of the City’s major operating funds are as follows:

FY 2021 General Utility Drainage Debt Hotel Tax
Proposed Fund Fund Fund Service Fund
Fund

Operating $25,124,381 $17,900,258 $978,508 $782,500 $237,500
Revenues

Operating $24,476,146 $17,925,257 $810,202 $819,423 $327,176
Expenditures

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