Page 191 - FortWorthFY23AdoptedBudget
P. 191
Debt Service Fund
Venue Debt Service
FUND SUMMARY
FY2021 FY2022 FY2022 FY2023 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Use of Money & Property 71,513 - - - - 0.00%
Transfer In 12,955,825 15,013,829 15,013,829 15,023,254 9,425 0.06%
Use of Fund Balance - - - - - 0.00%
Revenue $ 13,027,338 $ 15,013,829 $ 15,013,829 $ 15,023,254 $ 9,425 0.06%
Debt Service Accts 14,924,498 14,926,498 14,926,498 14,930,243 3,745 0.03%
Transfer Out & Other - 87,331 87,331 93,011 5,680 6.50%
Expenses $ 14,924,498 $ 15,013,829 $ 15,013,829 $ 15,023,254 $ 9,425 0.06%
FUND PURPOSE AND GOALS
The Venue Debt Service Fund is used to provide funds for Dickies Arena and associated facilities that would add
to the tourist attractions in the City of Fort Worth, by servicing the city’s portion of debt associated with these
facilities.
The following chart provides the principal and interest amounts for each bond issuance that has a payment due
in FY2023. Handling charges are included separately from principal and interest depicted in the chart.
Page 191 of 623