Page 297 - Hurst Budget FY21
P. 297

PARK DONATION FUND


                In 1982, The Parks and Recreation Board approved and the City Council approved the creation of a Park
                Donation Fund. The Park Donation Fund collects a 75-cent voluntary donation from Hurst citizens as
                revenue to be used for parks and recreation projects. This is collected on a monthly basis through the
                utility billing system. Projects from this fund are recommended by the Parks and Recreation Board and
                are approved by the City Council. These projects are usually designed to add improvements to the parks
                system that are not funded in the regular budget and meet certain requirements linked to: 1) a high
                visibility in the community; 2) a readily identifiable one-time enhancement; and 3) a community-wide
                appeal.





                                                     CITY OF HURST
                                            2020-2021 APPROVED BUDGET
                                                PARK DONATION FUND
                                           REVENUE AND EXPENDITURES


                  FUND BALANCE OCTOBER 1, 2020                                                  $225,460

                  REVENUES


                        Donation Receipts                                          $85,000


                  TOTAL REVENUES                                                                   $85,000


                  TOTAL FUNDS AVAILABLE                                                           $310,460




                  PROPOSED EXPENDITURES

                            Parks



                  TOTAL EXPENDITURES                                                                   $0





                  FUND BALANCE AT SEPTEMBER 30, 2021                                              $310,460


















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