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Debt Service Fund
Culture and Tourism Debt Service
FUND SUMMARY
FY2021 FY2022 FY2022 FY2023 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Use of Money & Property 366,390 - - - - 0.00%
Transfer In 9,784,203 4,988,858 4,988,858 3,891,026 (1,097,832) -22.01%
Use of Fund Balance - - - - - 0.00%
Revenue $ 10,150,592 $ 4,988,858 $ 4,988,858 $ 3,891,026 $(1,097,832) -22.01%
Debt Service Accts 13,847,852 4,988,858 4,988,858 3,891,026 (1,097,832) -22.01%
Transfer Out & Other - - - - - 0.00%
Expenses $ 13,847,852 $ 4,988,858 $ 4,988,858 $ 3,891,026 $(1,097,832) -22.01%
FUND PURPOSE AND GOALS
The Culture & Tourism debt service fund is used to finance upgrades, updates, and construction projects to city-
owned facilities that would add to the tourist attractions in the City of Fort Worth. Examples include the
Convention Center and the Will Rogers Memorial Coliseum.
The following chart provides the pricipal and interest for each bond issuance that has a payment due in FY2023.
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