Page 334 - FortWorthFY23AdoptedBudget

SECTION 4. ENTERPRISE FUNDS

Enterprise funds are proprietary funds that are used for services provided to external customers on
an exchange-based, user charge basis, in which customers receive a benefit equivalent to the amount being

paid and which is similar to the operation of a commercial enterprise.

The Municipal Airports Fund is an enterprise fund used to manage funds associated with the

maintenance, management, operations, development and promotion of Alliance, Meacham International,
and Spinks Airports and for FY2023 shall have receipts and appropriations as follows:

REVENUES
License and Permits $54,063
Charges for Services $6,325,400
Use of Money and Property $8,017,733
Other Revenue $190,647
Transfer from General Fund (Fire Lease) $59,501
$14,647,344

EXPENDITURES
Aviation $11,942,021
Transfer to General Fund (Fire Services) $59,501
Transfer to Municipal Airport Capital Projects Fund $1 ,320,664
Transfer to Grant $150,000
Transfer to IT Refresh Capital $14,651
Contribution to Fund Balance/Net Position $1,160,507
$14,647,344

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Page 334 of 623
Ordinance No. 25773-09-2022