Page 158 - Haltom City FY 22 Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2022 Supplemental Information

Conformity

The City has received the GFOA Certificate of Achievement for the fiscal year years ending
1987 through 2019. The budgets prepared for submission has been recognized with the GFOA
Distinguished Budget Award annually since 1989 with exception of one year. The City intends to
continue to participate successfully in the award program.

Fund structure

The accounts of the City of Haltom City are organized on the basis of funds, each of which is
considered to be a separate accounting entity. The operations of each fund are summarized as
follows:

Governmental fund types

General Fund

The General Fund is the operating fund of the City. All general tax revenues and other receipts
that are not restricted by law or contractual agreement to some other fund are accounted for in
this fund. The General Fund records general operating expenditures, fixed charges, and capital
improvement costs that are not paid through other funds. Activities operating in the General Fund
include:

• General Government (City Manager’s Office, City Secretary, City Council, Finance,
Purchasing, Human Resources, Planning and Community Development, Information
Technology, Animal Services, Municipal Court and Non-Departmental).

• Police (Police and Code Enforcement)

• Fire

• Public Works (Fleet, Building Maintenance and Streets).
• Parks and Recreation (Parks, Recreation, Senior Services)

• Library

Debt Service Fund

The Debt Service Fund is used to account for monies accumulated for the payment of principal,
interest, and related costs of general long-term liabilities paid from taxes levied by the City. This is
administered by the Finance Department and considered a Finance function.