Page 287 - FortWorthFY22AdoptedBudget

SECTION 4. ENTERPRISE FUNDS

Enterprise funds are proprietary funds that are used for services provided to external customers

on an exchange-based, user charge basis, in which customers receive a benefit equivalent to the amount
being paid and which is similar to the operation of a commercial enterprise.

The Municipal Airports Fund is an enterprise fund used to manage funds associated with the

maintenance, management, operations, development and promotion of Alliance, Meacham
International, and Spinks Airports and for FY2022 shall have receipts and appropriations as follows :

REVENUES
Use of Money and Property $7,664,019
Charges for Services $6,944,978
Other Revenue $225,684
License and Permits $51,946
Transfer from General Fund (Fire Lease) $59,501
$14,946,128

EXPENDITURES
Aviation $10,936,958
Transfer to General Fund (Fire Services) $59,501
Transfer to Municipal Airport Capital Projects Fund $1,772,423
Transfer to Grants Fund $150,000
Transfer to IT Refresh Capital $15,246
Contribution to Fund Balance/Net Position $2,012,000
$14,946,128

Ordinance No. 25073-09-2021 Page 15 of 34
Page 287 of 581