Page 53 - Hurst Adopted FY22 Budget

APPROVED FISCAL YEAR 2022 BUDGET

The fifteen Restricted / Special Revenue Funds are:

• Special Projects Fund
• Hotel-Motel Tax Fund
• Park Donation Fund
• Fire Grant Fund
• Police Grant Fund
• Municipal Court Building Security Fund

• Municipal Court Technology Fund
• Juvenile Case Manager Fund
• Traffic Signal Safety Fund
• Commercial Vehicle Inspection Fund
• Video and Cable Provider Peg Fee Fund
• Storm Drainage Management Fund

• Community Services Half Cent Sales Tax Fund
• Anti-Crime Half Cent Sales Tax Fund
• Loss Reserve Fund

They were established to account for the proceeds of specific revenue sources that are
restricted to expenditures for specific legal and/or contractual purposes.

Capital Improvement Funds

Street Bond Funds account for the financing and construction of various street projects. The
projects primarily involve street reconstruction and enhancement that will add to the value and
life of the infrastructure with very little impact on current operating costs. Many projects provide
substantial savings to the operating budgets by reducing maintenance costs.

Drainage Bond Funds account for the financing and construction of various drainage projects. All
drainage projects reduce operational costs for future years.

Water and Sewer Bond Funds account for capital improvement programs and capital equipment
financed by bond sales. Although this fund is part of the Enterprise Fund, it is included in this
section because the projects are addressed by priority and funding in the Capital Improvement
Program. The ongoing capital improvement program for the replacement of utility mains and
lines does not add operating costs to the Enterprise Fund budget.

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