Page 210 - FortWorthFY22AdoptedBudget
P. 210

Public Improvement District Fund



            PID #6 – Park Glen

            FUND SUMMARY

                                                                                              Change from
                                            FY2020      FY2021      FY2021     FY2022
                                                                                            FY2021 Adopted
                                             Final     Adopted     Adjusted    Adopted     Amount       %
            Other Tax                              -           -     1,614,679        -           -     0.00%
            Use of Money & Property           19,345           -          -           -           -     0.00%
            Other                           1,608,504   1,614,679     16,553   1,718,368    103,689     6.42%
            Transfer In                      199,556     199,556     199,556     199,556          -     0.00%
            Use of Fund Balance                    -           -     111,941      78,664      78,664    0.00%
            Revenue                        $1,827,405   $1,814,235   $1,942,729   $1,996,588   $      182,353   10.05%


            Gen Operating & Maintenance     2,102,765   1,777,950   1,906,444   1,958,230   180,280    10.14%
            Transfer Out & Other              36,116      36,285      36,285      38,358       2,073    5.71%
            Expenses                       $2,138,881   $1,814,235   $1,942,729   $1,996,588   $      182,353   10.05%

            FUND PURPOSE AND GOALS
            Public Improvement District (PID) #6 - Park Glen was established by petition of the property owners in perpetuity
            and was created on September 28, 1998. It is in a primarily residential neighborhood located in far northeast Fort
            Worth, just outside Loop 820 and consists of approximately 1,124 acres. The Park Glen PID has two assessment
            rates, one for residential and another for commercial properties within the PID.

            The funds are utilized primarily for landscaping, maintenance of grounds, trash pick-up, security, administration,
            and capital improvements including a new stormwater detention and pond maintenance.









































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