Page 17 - Pantego Adopted Budget FY21
P. 17
GENERAL FUND
The General Fund is the largest operating fund of the Town. It is used to
account for all financial resources traditionally associated with
government except those required to be accounted for in another fund.
Major revenue sources include property tax, sales and use taxes,
franchise fees, fines and forfeitures, licenses and permit fees, service
charges and interest income.
General fund expenditures support the following functions/departments:
General and Administrative, Public Works, Community Development,
Police Department, Fire Department and Municipal Court.
Since the General Fund has by far the largest amount of cash inflows and
cash outflows of the Town’s funds, this fund has the most detailed
information required for budgeting.
