Page 240 - FortWorthFY23AdoptedBudget

Public Improvement District Fund

PID #6 – Park Glen

FUND SUMMARY

Change from
FY2021 FY2022 FY2022 FY2023
FY2022 Adopted
Final Adopted Adjusted Adopted Amount %
Other Tax 1,648,269 - 1,718,368 1,934,022 1,934,022 0.00%
Use of Money & Property 11,201 - - - - 0.00%
Other 51,976 1,718,368 - - (1,718,368) -100.00%
Transfer In 199,556 199,556 199,556 206,453 6,897 3.46%
Use of Fund Balance - 78,664 343,564 - (78,664) -100.00%

Revenue $ 1,911,002 $ 1,996,588 $ 2,261,488 $ 2,140,475 $ 143,887 7.21%

Gen Operating & Maintenance 1,639,497 1,958,230 2,223,130 2,091,665 133,435 6.81%
Transfer Out & Other 36,285 38,358 38,358 48,810 10,452 27.25%
Expenses $ 1,675,782 $ 1,996,588 $ 2,261,488 $ 2,140,475 $ 143,887 7.21%

FUND PURPOSE AND GOALS

Public Improvement District (PID) #6 - Park Glen was established by petition of the property owners in perpetuity
and was created on September 28, 1998. It is in a primarily residential neighborhood located in far northeast Fort
Worth, just outside Loop 820 and consists of approximately 1,124 acres. The Park Glen PID has two assessment
rates, one for residential and another for commercial properties within the PID.

The funds are utilized primarily for landscaping, maintenance of grounds, trash pick-up, security, administration,
and capital improvements including a new stormwater detention and pond maintenance.

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