Page 75 - FortWorthFY22AdoptedBudget

Budget Highlights

These reductions are driven by a decrease in traffic fines of $136K, or 4.4%, and reflect a trend of decreased fine
revenue over the past few years.

Use of Money and Property
Revenue from Use of Money and Property consists primarily of interest on investments, commercial exhibit
building rentals, and lease revenue. Revenues in this category are projected to increase by approximately $2.84M,
or 458.1%, from the FY2021 budget. This major change is driven by increased lease revenue of $2.78M, or
1,747.4%, due to acquisition of a new city hall which features several offices leased to private entities.

Other Revenue
Other Revenues are mainly made up of reimbursement of labor costs and miscellaneous revenues. Revenues in
this category are projected to decrease by $268K, or 10.7%, from the FY2021 budget. This reduction is a result of
departments breaking out miscellaneous revenue into more accurate and descriptive accounts, some of which
are under different revenue sections.

Operating Transfers
Transfer payments consist of revenues that are transferred from funds such as Solid Waste, Water and Sewer,
Stormwater, and Crime Control Prevention District to the General Fund. Revenues in this category are projected
to increase by approximately $684K, or 1.7%, from the FY2021 budget. This change was primarily due to an
increase in the transfer from Water/Sewer of $751K, or 2.6%, which is received as a street rental fee from the
Water department.

SPECIAL REVENUE FUNDS
The following is not all-inclusive of the City’s Special Revenue Funds.

Crime Control and Prevention District Fund
CCPD receives a one-half cent special use tax (Sales Tax) which is used to fund the public safety initiative of the
fund, with a primary focus for FY2022 on community based programs. CCPD’s Sales Tax Revenue is projected to
equal $89.0M and is an increase of $8.8M or 11.1% from the FY2021 budget.

Culture and Tourism Funds
The main source of revenue for the culture and tourism funds comes from the 9 percent Hotel Occupancy Tax
(HOT tax). Seven percent is used for operations including the Fort Worth Convention Center, the Fort Worth
Convention and Visitors Bureau and the Will Rogers Memorial Center, while an additional 2 percent levied since
1997 is used to support debt service on bonds used to expand and improve the convention center. While the HOT
tax does not contribute to the top 75% of total revenues of the City, it is important to notate; as this tax helps
provide amenities and services that stimulate the local economy and welcome over 3 million visitors to our city
each year. Visit https://www.fortworthtexas.gov/departments/public-events for more information on events in
Fort Worth.

Municipal Golf Fund
Municipal Golf revenues are charges for services driven from the use of the City’s golf courses. The use of the
courses has increased, resulting in a $615k increase in revenue for FY2022.

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