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Public Improvement District Fund
PID #12 – Chapel Hill
FUND SUMMARY
Change from
FY2021 FY2022 FY2022 FY2023
FY2022 Adopted
Final Adopted Adjusted Adopted Amount %
Other Tax 79,707 - 92,877 196,349 196,349 0.00%
Use of Money & Property 819 - - - - 0.00%
Other 1,434 92,877 - - (92,877) -100.00%
Use of Fund Balance - - 58,360 - - 0.00%
Revenue $ 81,960 $ 92,877 $ 151,237 $ 196,349 $ 103,472 111.41%
Gen Operating & Maintenance 48,412 90,877 149,237 174,933 84,056 92.49%
Transfer Out & Other 2,000 2,000 2,000 21,416 19,416 970.80%
Expenses $ 50,412 $ 92,877 $ 151,237 $ 196,349 $ 103,472 111.41%
FUND PURPOSE AND GOALS
Public Improvement District (PID) #12 - Chapel Hill was established on March 23, 2004 to encompass the Chapel
Hill neighborhood which includes approximately 1,346 acres. The Chapel Hill PID was created to support the
anticipated economic development of the area and to provide additional neighborhood amenities.
The funds are utilized primarily for utility expenditures, management fees, and pond maintenance.
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