Page 67 - City of Colleyville FY22 Adopted Budget

The revenues for licenses and permits are
based upong growth in both residential and LICENSES & PERMITS
commercial development. Residential permits $1,600,000
are estimated to decrease gradually over the $1,400,000
next several years as the number of available $1,200,000
$1,000,000
lots decreases. Redevelopment of residential
$800,000
lots is expected to increase, while new $600,000
subdivision construction will slow. Commercial $400,000
development continues to fluctuate with the $200,000
$-
economy.
FY FY FY FY FY FY FY FY FY
2014 2015 2016 2017 2018 2019 2020 2021 2022

FINES
Revenue from fines is projected to be $586,000
$1,200,000
for FY 2022. This includes $520,000 in fines,
$6,000 in library fines, and annual alarm $1,000,000
registration fees of $60,000. Over all, fines have $800,000
been decreasing significantly since FY 2015, $600,000
although the $500,000 to $600,000 range $400,000
appears to be holding steady. $200,000
$-

FY FY FY FY FY FY FY FY FY
2014 2015 2016 2017 2018 2019 2020 2021 2022

CHARGES FOR SERVICES
FY 2020 and 2021 has brought several enomalies
$2,500,000
with the City’s service charges. First, due to
facility closures charges from the Colleyville $2,000,000
Center, recreation programs, and library
programs essentially ceased during their $1,500,000
traditional peak period. FY 2022 assumes these
$1,000,000
return to normal, albeit cautiously. However, the
biggest anomaly in FY 2020 was the CARES Act $500,000
revenue, totaling $1.395 million. This was coded
to a service charge code, resulting in a large $-
FY FY FY FY FY FY FY FY FY
increase over FY 2019. 2014 2015 2016 2017 2018 2019 2020 2021 2022

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