Page 242 - FortWorthFY23AdoptedBudget
P. 242

Public Improvement District Fund



            PID #11 – Stockyards

            FUND SUMMARY

                                                                                                Change from
                                             FY2021      FY2022      FY2022      FY2023
                                                                                               FY2022 Adopted
                                              Final     Adopted     Adjusted     Adopted     Amount        %
            Other Tax                         196,787           -     213,615     345,399      345,399      0.00%
            Use of Money & Property             1,685           -           -           -            -      0.00%
            Other                               1,434     213,615           -           -     (213,615) -100.00%
            Transfer In                            -            -           -        7,743        7,743     0.00%
            Use of Fund Balance                    -       86,300      86,300       16,369      (69,931)  -81.03%

            Revenue                        $     199,905   $     299,915   $     299,915   $     369,511   $         69,596   23.21%

            Gen Operating & Maintenance       161,036     295,643     295,643     362,448       66,805    22.60%
            Transfer Out & Other                3,862       4,272        4,272       7,063        2,791   65.33%
            Expenses                       $     164,898   $     299,915   $     299,915   $     369,511   $         69,596   23.21%

            FUND PURPOSE AND GOALS

            Public Improvement District (PID) #11 – Stockyards was established on February 23, 2003 and it encompasses 192
            acres of the Historic Stockyards area on the north side of Fort Worth. The Stockyards PID was created to promote
            tourism in the area, increase marketing efforts, and support special events for this historic district.

            The  funds  are  utilized  for  website  maintenance  and  marketing  initiatives,  promotion  of  special  events,  litter
            abatement, various small capital improvements, and administration.









































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