Page 331 - FortWorthFY23AdoptedBudget

The Venue Debt Service Fund is a debt service fund utilized to manage revenues from venue
taxes, hotel occupancy taxes and other resources allocated to pay principal and interest on and to create a

sinking fund for outstanding debt related to the bonds issued to finance the City's portion of costs for the
designated venue in accordance with Chapter 334 of Texas Local Government Code, including Dickies
Arena, and for FY2023 shall have receipts and appropriations as fo llows:

REVENUES
Transfer from Culture and Tourism $455,535
Transfer from Culture Tourism 2% Hotel $8,508,535
Transfer fro m Culture and Tourism Project Finance Zone $803,637
Transfer from Culture and Tourism Venue $5,255,547
$15,023,254

EXPENDITURES
Financial Management Services (Debt Obligation) $14,930,243
Contribution to Fund Balance/Net Position $93,01 I
$15,023,254

The Municipal Parking Debt Service Fund is a debt service fund utilized to manage revenues
from commercial off-street parking and other resources allocated to pay principal and interest on and to

create a sinking fund for outstanding debt related to municipal parking infrastructure and for FY2023 shall
have receipts and appropriations as follows:

REVENUES
Transfer from Municipal Parking Fund $2,975,400
$2,975,400

EXPENDITURES
Financial Management Services (Debt Obligation) $2,975,400
$2,975,400

Page 13 of 34
Page 331 of 623
Ordinance No. 25773-09-2022