Page 74 - FortWorthFY22AdoptedBudget

Budget Highlights

recent collections are proving to be more resilient than originally anticipated. Sales Tax activity is expected to
continue to pick up in FY2022 and be more stable than FY2020 or FY2021.

Sales Tax is collected from a broad range of industries. Fort Worth receives a substantial amount of revenue from
the retail, general services, professional services, food and wholesale industries.

Other Taxes

Other Taxes includes revenue from communications providers, utilities, taxes on beverage sales, and bingo-game
receipts. The FY2022 Adopted Budget includes a reduction of $2.33M, or -4.3%, in Other Taxes. While major
telecom franchise fees are budgeted to increase by $1.15M (50.1%), minor telecom reduced by $2.04M (-66.7%).
Additionally, the cable franchise fee revenue decreased by $1.30M (-26.0%). These reductions in revenue are
primarily due to Texas Senate Bills 1152 and 1004, which prevent payment of multiple franchise fees on existing
network lines, and which set a maximum amount per network node.

Licenses and Permits
Licenses and Permits are primarily made up of the building, residential, alarm, and health permit fees. Revenues
in this category are anticipated to increase by approximately $1.98M, or 11.2%, from the FY2021 budget. The main
driver for the increased revenue is the associated with building permit revenue at $1.79M, or 19.7%.

Intergovernmental Revenue
Revenue from other government agencies is mainly made up of reimbursement for indirect costs. Revenues in
this category are projected to decrease by approximately $13K, or 2.7%, from the FY2021 budget. This reduction
is entirely attributable to a drop in Intrgv Rev – DFW Airport.

Charges for Services
Service Charges are mainly made up of administrative service charges, allocations for technology services,
deferred and penalty fees for court services, plan review fees, gas well annual fees, registration fees, site
reservations, planning commission fees, mowing fees, and fire inspection fees. Revenues in this category are
decreasing $359K, or 0.8%, from the FY2021 budget. This is due primarily to a decrease in registration revenue of
$492K, or 40.3%. Non-General Charges for Services are covered in a succeeding section.

Fines, Forfeitures, and Special Assessments
Fines, Forfeitures and Special Assessments are mainly made up of traffic fines, general fines, and parking fines.
Revenues in this category are projected to decrease by approximately $198K, or 3.7%, from the FY2021 budget.

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