Page 60 - CITY OF AZLE, TEXAS
P. 60

G G Ge e en n ne e er r ra a al l l     F F Fu u un n nd d d



               The General Fund is used to account for resources traditionally associated with
               governments which are not legally or by sound financial management required to  be
               accounted for in another fund.  The General Fund provides for the daily operations of
               the city.

               Revenues are derived primarily from property taxes, sales taxes, franchise fees, service
               fees and development related fees.

               The fund is accounted for on a modified accrual basis of accounting.  Revenues are
               recorded when available and measurable.   Expenditures are recorded when the liability
               is incurred.















               City of Azle FY 2022-2023 Budget                                                            49
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