Page 95 - Hurst Budget FY21

GENERAL FUND

The General Fund is the primary operating fund of the City. The General Fund is used to
account for all revenues and expenditures not accounted for in other designated funds. It
receives a greater variety and amount of revenues and finances a wider range of
governmental activities than any other fund. The General Fund is primarily supported by
the ad valorem tax, general sales tax, franchise taxes, licenses and permits fees, fines and
miscellaneous revenue sources. General Fund expenditures support the following major
functions: legislative and judicial services, administration, general services, human
resources, fiscal services, police, fire, public works and community services. All programs
which are justified, efficient and serve the needs of the community are adequately funded.
Service levels are increased substantially through indirect participation in the General Fund
by the Half-Cent Sales Tax Fund and the Anti-Crime Tax Fund. The major consideration in
budgeting revenues is the increase or decrease in property values, which comprise the ad
valorem tax base. The no new revenue tax rate represents the rate necessary to generate
the same property tax revenue as in the prior year. Please visit the Texas Comptroller’s
website at www.comptroller.texas.gov for more information on the no new revenue tax rate
and other topics associated with the city’s collection of property taxes. Additional tax rate
analysis is located in this section of the budget. An activity schedule for each function is
also included in this section. Included for each operational area is a summary of
expenditures, a personnel schedule, mission statement, division description, prior year
results and accomplishments, future initiatives, goals, objectives, and performance
measures. Line Item Detail and Capital Outlay by Program are not provided in this budget
document. The Budget Division or Public Information Division will provide a 2020-2021 line
item and capital outlay detail budget upon request. The information can also be found on
the City’s website at www.hursttx.gov.

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