Page 239 - FortWorthFY23AdoptedBudget

Public Improvement District Fund

PID #1 – Downtown

FUND SUMMARY

Change from
FY2021 FY2022 FY2022 FY2023
FY2022 Adopted
Final Adopted Adjusted Adopted Amount %
Other Tax 2,392,364 - 2,554,208 2,741,826 2,741,826 0.00%
Use of Money & Property 7,960 - - - - 0.00%
Other 320,166 2,707,980 153,772 150,000 (2,557,980) -94.46%
Transfer In 360,803 457,150 457,150 451,402 (5,748) -1.26%
Use of Fund Balance - 60,528 60,528 41,247 (19,281) -31.85%
Revenue $ 3,081,293 $ 3,225,658 $ 3,225,658 $ 3,384,475 $ 158,817 4.92%

Gen Operating & Maintenance 3,075,213 3,162,355 3,162,355 3,317,610 155,255 4.91%
Transfer Out & Other 64,777 63,303 63,303 66,865 3,562 5.63%
Expenses $ 3,139,990 $ 3,225,658 $ 3,225,658 $ 3,384,475 $ 158,817 4.92%

FUND PURPOSE AND GOALS
Public Improvement District (PID) #1 - Downtown Fort Worth was established in 1986 and was the first
improvement district in the State of Texas. The Downtown Fort Worth PID was re-established by petition of the
property owners on June 23, 2009 for a term period of 20 years and consists of 380 acres.

The funds are utilized primarily in the areas of maintenance and landscaping, promotions and marketing, an
ambassador program, transportation and planning, trash removal, and administration (management of the PID).

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