Page 49 - FortWorthFY23AdoptedBudget

Budget Highlights

Operating Funds: Financial Summary

FY2021 FY2022 FY2022 FY2023 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Property Tax 574,677,466 602,793,914 602,793,914 670,294,478 67,500,564 11.20%
Sales Tax 277,930,210 270,880,391 284,130,391 314,221,254 43,340,863 16.00%
Other Tax 80,325,772 82,639,749 82,639,749 95,905,602 13,265,853 16.05%
License & Permits 20,549,241 21,073,968 21,073,968 22,217,201 1,143,233 5.42%
Intergovernmental 8,036,293 11,317,195 12,009,087 14,976,398 3,659,203 32.33%
Charge for Service 692,831,357 688,225,336 760,457,849 763,380,147 75,154,811 10.92%
Fines & Forfeitures 4,548,081 5,222,332 6,740,722 7,311,062 2,088,730 40.00%
Use of Money & Property 47,789,927 38,764,344 40,284,765 37,232,935 (1,531,409) -3.95%
Special Assesments - - - - - 0.00%
Other 142,485,816 145,965,295 156,406,054 156,795,192 10,829,897 7.42%
Transfer In 440,210,291 200,569,141 505,380,358 221,789,224 21,220,083 10.58%
Total Revenue 2,289,384,453 2,067,451,665 2,471,916,858 2,304,123,493 236,671,828 11.45%

Use of Fund Balance - 7,969,359 94,568,714 25,732,492 17,763,133 222.89%

Salaries & Benefits 743,405,654 792,491,903 798,662,165 872,269,393 79,777,490 10.07%
Gen Operating & 607,387,333 676,673,727 728,256,720 78,213,584 11.56%
Maintenance 754,887,311
Capital Accts 7,263,760 - - - - 0.00%
Debt Service Accts 498,688,510 260,314,803 570,690,434 280,283,544 19,968,741 7.67%
Transfer Out 350,870,309 362,571,409 482,528,641 403,101,777 40,530,368 11.18%
Contra Accounts (27,426,542) (28,800,247) (28,800,247) - 28,800,247 -100.00%
Project Budget Account - - 4,495,004 - - 0.00%
Total Expenses 2,180,189,025 2,063,251,595 2,555,832,716 2,310,542,025 247,290,430 11.99%

Appropriations Clearing - - - - - 0.00%
Acct
Contr To Fund Bal/Net - 12,169,429 10,652,856 19,313,960 7,144,531 58.71%
Position

Revenues Over(Under) $ 109,195,428 $ - $ - $ - $ - 0%
Expenses
Note: Contra accounts are used to reduce expenditures between departments of the General Fund. Asset Forfeiture Funds, Public
Improvement District and Taxing Increment Reinvestment Zone Funds are not included in the table above. Special Revenue Project Funds
are included - these project funds are life to date; therefore appropriation adjustments may carry over fiscal years.

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