Page 108 - Hurst Budget FY21

GENERAL FUND GENERAL FUND

"WHER E THE M ONEY COM ES "WHER E THE M ONEY GOES"
FROM "
Police $11,331,353
Ad Valorem Tax
$16,083,232 Fire $8,564,441
Consumer Tax $7,881,248
Community
Intragovernmental $5,394,228 Services $7,333,888
Public Works $2,884,399
Franchise Tax $2,703,000
Charges for Services $1,752,700 Non Departmental $2,289,759

Fines $969,490 General Services $1,427,270

Licenses/Permits $886,000 Public Services $1,033,305

Intergovernmental $291,057 Administration $611,405

Miscellaneous $216,819 Fiscal Services $434,283

Emergency Reserve $150,000 Human Resources $417,671

The above graph indicates that the largest source of The above graph indicates that the largest
revenues for the General Fund is from Ad Valorem expenditures for the General Fund are for Public
taxes. Ad Valorem or property taxes are collected Safety, Police and Fire protection. This is primarily
on both real property and commercial inventories. due to the number of employees required to maintain
Residential property taxes are the primary the current level of public safety service to Hurst
component of Ad Valorem revenues, followed by citizens. Significant expenditures for all
commercial property and inventory. Consumer departments, especially Public Works and
Community Services, include personnel, “Pay-As-
taxes are City sales tax, mixed beverage tax and You-Go” for infrastructure improvements, and new
bingo tax. These consumer taxes are collected by and replacement equipment. Pay-as-you-go
the State. The State remits 2% of the sales tax projects reduce the need to issue debt thus reducing
collected on goods and eligible services sold within the pressure on our I&S tax rate.
the City monthly, with 1% allocated to the General
Fund, ½% allocated to the Community Services
Half-Cent Sales Tax Fund, and ½% allocated to the
Anti-Crime Half-Cent Sales Tax Fund. In 2010,
voters approved a twenty-year extension of the
City’s ½% Anti-Crime Sales Tax Program. Anti-
Crime receipts, like the Community Services taxes,
are not deposited to the General Fund but assist in
relieving the General Fund budget for ongoing and
new crime control and prevention activities.
Consumer taxes are harder to predict than most
other revenue sources because receipts reflect
conditions of the national, regional, and local
economy through retail sales.

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