Page 327 - FortWorthFY23AdoptedBudget

REVENUES
Intergovernmental Revenue $8,229,763
$8,229,763

EXPENDITURES
Transfer to Debt Fund $6,571,554
Contribution to Fund Balance/Net Position $1,658,209
$8,229,763

The Culture and Tourism Venue Operating Fund is a special revenue fund for managing and

segregating the venue taxes that become effective with the opening of the Dickies Arena in November
2019. Funding is used to maintain and improve facilities at the new Multipurpose Arena designated as the

venue project and for FY2023 shall have receipts and appropriations as follows:

REVENUES
Other Taxes
Stall Tax Revenue $274,067
Ticket Tax Revenue $3,633,704
Parking Tax Revenue $2,047,469
$5,955,240

EXPENDITURES
Transfer to Venue Debt Fund $5,255,547
Contribution to Fund Balance/Net Position $699,693
$5,955,240

The Economic Incentives Fund is a special revenue fund for managing revenues generated from
various projects that meet eligibility under Section 9, Technology Company Projects, and Section 14,

Employment Designated Project Fund, in the Economic Development Program Policy for Grants
Authorized by Chapter 380 of the Texas Local Government Code.

REVENUES
Transfer from General Fund $2,000,000
$2,000,000

EXPENDITURES
Economic Development $2,000,000
$2,000,000

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Page 327 of 623
Ordinance No. 25773-09-2022