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Special Revenue Fund

Alliance Maintenance Facility

FUND SUMMARY

FY2021 FY2022 FY2022 FY2023 Change from Adopted

Final Adopted Adjusted Adopted Amount %
Property Tax - - - - - 0.00%
Sales Tax - - - - - 0.00%
Other Tax - - - - - 0.00%
License & Permits - - - - - 0.00%
Intergovernmental - - - - - 0.00%
Charge for Service 412,000 437,066 437,066 378,700 (58,366) -13.35%
Fines & Forfeitures - - - - - 0.00%
Use of Money & Property 1,714,608 1,700,668 1,700,668 2,112,317 411,649 24.21%
Special Assesments - - - - - 0.00%
Other 3,704,310 2,485,896 2,485,896 1,932,071 (553,825) -22.28%
Transfer In - - - - - 0.00%
Use of Fund Balance - 486,386 486,386 3,005,765 2,519,379 517.98%
Revenue $ 5,830,918 $ 5,110,016 $ 5,110,016 $ 7,428,853 $ 2,318,837 45.38%

Salaries & Benefits - - - - - 0.00%
Gen Operating & Maintenance 5,325,087 5,110,016 5,110,016 6,148,853 1,038,837 20.33%
Capital Accts 1,676,452 - - - - 0.00%
Debt Service Accts - - - - - 0.00%
Transfer Out & Other - - - 1,280,000 1,280,000 0.00%
Contra Accounts - - - - - 0.00%
Project Budget Account - - - - - 0.00%
Expenses $ 7,001,539 $ 5,110,016 $ 5,110,016 $ 7,428,853 $ 2,318,837 45.38%

FUND PURPOSE AND GOALS

In February 2015, the Alliance Airport Authority, Inc. transferred ownership of the Alliance Fort Worth
Maintenance Base (Facility) to the City of Fort Worth as approved by the City Council (M&C L- 15748).

As part of the transfer of ownership of the Facility, the parties agreed that all contracts and agreements relating
to the operations, maintenance, property management, and leases of the Facility would be assigned to the City of
Fort Worth. This assignment includes the property management agreement (City Secretary Contract No. 46423)
with AFWM Services, LLC, which will be administered under the direction of the Property Management
Department.

The property management agreement requires AFWM Services, LLC, to provide the City of Fort Worth an
operating budget for the management of the Facility for each Fiscal Year. The budget is used as a guide for the
actual operational costs on an annual basis.

The objective and goal each year is to continue to identify, negotiate and execute long term leases to increase
lease revenues and utility reimbursements to the City to operate the Facility and; with new leases, increase tenant

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