Page 52 - Burleson FY22 City Budget
P. 52

CITY OF BURLESON FUND DESCRIPTION

                                                       Governmental
                                           Modified Accrual Basis of Accounting

        MAJOR FUNDS:

                                                                         MAJOR                       MAJOR
                FUND                       DESCRIPTION              REVENUE SOURCES             SERVICES PROVIDED
        General                     Most basic fund used in COB     Property Taxes           General Administration
                                                                   Sales Taxes               Public Safety
                                                                   Licenses and Permits      Community Services
                                                                   Fines & Forfeitures       Public Works (Except
                                                                   Interest                   Water/Wastewater and
                                                                   Miscellaneous              Solid Waste)
                                                                   Other Sources


                                                                   1/2 cent Sales Tax        Economic Development
        Burleson Community Services   Special Revenue Fund
        Development Corporation
        (4B) Special Revenue Fund


                                                                   1/2 cent Sales Tax        Economic Development
        4A Corporation Special      Special Revenue Fund
        Revenue Fund


                                                                   User Fees                 Burleson Recreation
        Parks Performance Special   Special Revenue Fund                                       Center (BRiCk)
        Revenue Fund                                                                          Ballfields



        General Debt Service Fund   Debt Service Fund              Property Taxes            Payment of General
                                                                                               Long-term Debt
                                                                                               Obligations



        NON‐MAJOR FUNDS:


                                                                          MAJOR                       MAJOR
                 FUND                     DESCRIPTION                REVENUE SOURCES             SERVICES PROVIDED
        Economic Development         Special Revenue Fund           Property Taxes              Economic
        Fund                                                        Sales Taxes                  Development
                                                                                                  Incentives

        Hotel/Motel Fund             Special Revenue Fund           7% room occupancy           Economic
                                                                     tax                          Development
        Burleson 4A Corporation      Debt Service Fund              1/2 cent Sales Tax          Payment of 4A Long-
        Debt Service Fund                                                                         term Debt Obligations
        Burleson Community
        Service Development          Debt Service Fund              1/2 cent Sales Tax          Payment of 4B Long-
        Corporation (4B) Fund                                                                     term Debt Obligations
        Special Revenue Fund





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