Page 54 - FortWorthFY22AdoptedBudget

Budget Highlights

General Fund: Financial Summary

FY2020 FY2021 FY2021 FY2022 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Property Tax 432,650,416 448,904,675 448,904,675 481,721,693 32,817,018 7.31%
Sales Tax 166,266,554 168,248,455 169,991,455 182,885,742 14,637,287 8.70%
Other Tax 52,625,826 54,279,659 54,279,659 51,946,466 (2,333,193) -4.30%
License & Permits 17,901,512 17,653,348 17,653,348 19,637,537 1,984,189 11.24%
Intergovernmental 1,796,916 485,386 1,376,081 472,296 (13,090) -2.70%
Charge for Service 37,936,021 43,078,465 43,082,888 42,719,552 (358,913) -0.83%
Fines & Forfeitures 4,414,487 5,420,421 5,420,421 5,222,332 (198,089) -3.65%
Use of Money & Property 415,712 619,937 2,433,228 3,459,742 2,839,805 458.08%
Other 2,685,748 2,511,365 2,511,866 2,243,643 (267,722) -10.66%
Transfer In 39,904,041 40,862,324 40,862,324 41,625,774 763,450 1.87%
Total Revenues 756,597,232 782,064,035 786,515,945 831,934,777 49,870,742 6.38%

Use of Fund Balance - - 2,915,893 - - 0.00%

Salaries & Benefits 533,949,819 567,742,853 564,985,156 593,029,689 25,286,836 4.45%
Gen Operating & 166,969,069 183,502,321 187,861,591 199,496,533 15,994,212 8.72%
Maintenance
Capital Accts - 178,000 162,000 - (178,000) -100.00%
Debt Service Accts 2,221,773 2,231,625 2,257,125 2,231,625 - 0.00%
Transfer Out 63,415,614 55,835,778 61,592,507 65,977,177 10,141,399 18.16%
Contra Accounts (26,141,880) (27,426,542) (27,426,542) (28,800,247) (1,373,705) 5.01%
Total Expenses 740,414,395 782,064,035 789,431,838 831,934,777 49,870,742 6.38%

Contr To Fund Bal/Net - - 0.00%
Position - - -

Revenues Over(Under)
Expenses $ 16,182,837 $ - $ - $ - $ - 0.00%
Note: Contra accounts are used to reduce expenditures between departments in the General Fund.

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