Page 126 - Hurst Adopted FY22 Budget
P. 126
APPROVED FISCAL YEAR 2022 BUDGET
park donation fund
In 1982, The Parks and Recreation Board approved and the City Council approved the creation of a Park
Donation Fund. The Park Donation Fund collects a 75-cent voluntary donation from Hurst citizens as
revenue to be used for parks and recreation projects. This is collected on a monthly basis through the
utility billing system. Projects from this fund are recommended by the Parks and Recreation Board and
are approved by the City Council. These projects are usually designed to add improvements to the parks
system that are not funded in the regular budget and meet certain requirements linked to: 1) a high
visibility in the community; 2) a readily identifiable one-time enhancement; and 3) a community-wide
appeal.
EST. FUND BALANCE OCTOBER 1, 2021 $379,210
REVENUES
Donation Receipts $145,000
TOTAL REVENUES $145,000
TOTAL FUNDS AVAILABLE $524,210
PROPOSED EXPENDITURES
Parks - Playground Improvements $150,000
TOTAL EXPENDITURES $150,000
EST. FUND BALANCE AT SEPTEMBER 30, 2022 $374,210
126
