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Public Improvement District Fund

PID #20 – East Lancaster Avenue

FUND SUMMARY

Change from
FY2021 FY2022 FY2022 FY2023
FY2022 Adopted
Final Adopted Adjusted Adopted Amount %
Other Tax 261,534 - 257,384 291,898 291,898 100.00%
Use of Money & Property 1,374 - - - - 0.00%
Other - 257,384 - - (257,384) -100.00%
Transfer In - - - - - 0.00%
Use of Fund Balance - 24,000 39,000 - (24,000) -100.00%

Revenue $ 262,908 $ 281,384 $ 296,384 $ 291,898 $ 10,514 3.74%

Gen Operating & Maintenance 244,380 276,236 291,236 283,800 7,564 2.74%
Transfer Out & Other 5,129 5,148 5,148 8,098 2,950 57.30%
Expenses $ 249,509 $ 281,384 $ 296,384 $ 291,898 $ 10,514 3.74%

FUND PURPOSE AND GOALS

Public Improvement District (PID) #20 - East Lancaster was established on February 12, 2019, for a period of 10
years and will expire on September 30, 2029. It is approximately 243 acres of land generally described as: All
properties fronting onto East Lancaster Avenue starting from the east curb of Riverside Drive eastward to the
western edge of Interstate Loop 820, including properties in and parallel to the addresses in the 1800 to 6000
blocks of East Lancaster Avenue. Services to be provided by the PID include landscaping, security enhancements,
lighting, and various other streetscape and capital improvements.

The funds are utilized primarily for security services and administration. Required reserves for the fund will also
be established within the initial year of operation.

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