Page 211 - FortWorthFY22AdoptedBudget

Public Improvement District Fund

PID #7 – Heritage

FUND SUMMARY

Change from
FY2020 FY2021 FY2021 FY2022
FY2021 Adopted
Final Adopted Adjusted Adopted Amount %
Other Tax - - 1,802,016 - - 0.00%
Use of Money & Property 31,770 - - - - 0.00%
Other 1,816,800 1,802,051 18,645 1,771,828 (30,223) -1.68%
Transfer In 191,096 191,096 191,096 191,096 - 0.00%
Use of Fund Balance - 478,218 730,218 443,334 (34,884) -7.29%
Revenue $2,039,666 $2,471,365 $2,741,975 $2,406,258 $ (65,107) -2.63%

Gen Operating & Maintenance 1,992,774 2,431,503 2,702,113 2,367,000 (64,503) -2.65%
Transfer Out & Other 35,804 39,862 39,862 39,258 (604) -1.52%
Expenses $2,028,578 $2,471,365 $2,741,975 $2,406,258 $ (65,107) -2.63%

FUND PURPOSE AND GOALS

Public Improvement District (PID) #7 – Heritage was established by petition of the property owners in perpetuity
on September 26, 2000. It encompasses 927 acres of primarily residential neighborhoods located in far northeast
Fort Worth, east of I35W and north of Loop 820. The Heritage PID has two assessment rates, one for residential,
and another for commercial properties within the PID.

The funds are utilized for landscaping, maintenance of grounds, utilities, administration, and capital
improvements including a new irrigation system, low maintenance landscaping, benches, picnic tables, and
lighting.

Page 211 of 581