Page 90 - FY 2021-22 ADOPTED BUDGET

INCREASES IN PROPERTY TAX REVENUE

Current property tax revenue for 2021-22 is $14,864,707 for an increase of $670,298 over the 2020-21 re-estimate
of $14,194,409. Delinquent property tax collections for 2021-22 are $53,000 for an increase of $1,359 over the
2020-21 re-estimate of $51,641. Penalty and interest revenue for 2021-22 is $57,750 for a decrease of $4,170 from
the 2020-21 re-estimate of $61,920. 25.25(d) collections increase $500 to $1,600 for 2021-22.

OTHER REVENUES

FRANCHISE TAXES REVENUE

The City of Benbrook, under the authority granted by the State of Texas, charges local utility companies: Oncor,
Atmos Energy Company, AT&T, and Spectrum (formerly Charter Communications) a franchise tax for the City’s
right-of-way. The City also contracts out the sanitation collection and disposal service and receives a franchise fee
from the private contractor. Franchise holders pay the City a percentage (between three to five percent) based on
each utility’s gross receipts. The 2020-21 re-estimate of $1,417,165 decreases by $7,165 to $1,410,000 in 2021-22.

Revenue from the electrical franchise is projected to be $780,000 in 2021-22. Revenue from the natural gas

franchise is projected to be $85,000. Revenue from the telephone franchise is projected to be $40,000.
Revenue from the sanitation franchise is projected to be $350,000. Revenue from the cable television franchise
is projected to be $155,000.

SALES AND OTHER TAXES REVENUE

Revenue from the City’s one-percent share of the Texas sales tax and other taxes is projected to remain flat in 2021-
22 due to COVID-19 and possible shutdown of businesses. The 2021-22 projection is $3,250,000 and the 2020-21
re-estimate is $3,250,000.

Sales tax collections have continued to increase since the completion of the construction project of Benbrook
Boulevard (Highway 377 South) in 2017-18 but have leveled off this past year.

Revenue from the mixed beverage tax is projected at $4,500 in 2021-22, which is the same as 2020-21.

LICENSES, PERMITS, AND FILING FEES REVENUE

This revenue category is divided into four sub-categories: (1) Licenses (2) Permits and Filing Fees (3) Lodging License
Fees, and (4) Planning and Zoning fees. The 2021-22 Budget includes projected revenue from licenses, permits, and
filing fees at $398,900; this projection reflects a net increase of $7,340 from the 2020-21 re-estimate of $391,560.

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