Page 54 - FortWorthFY23AdoptedBudget

Budget Highlights

General Fund: Financial Summary

FY2021 FY2022 FY2022 FY2023 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Property Tax 457,543,379 481,721,693 481,721,693 531,785,972 50,064,279 10.39%
Sales Tax 188,151,694 182,885,742 196,135,742 212,147,461 29,261,719 16.00%
Other Tax 53,652,000 51,946,466 51,946,466 54,146,726 2,200,260 4.24%
License & Permits 19,247,972 19,637,537 19,637,537 20,686,694 1,049,157 5.34%
Intergovernmental 1,351,311 472,296 1,366,122 505,442 33,146 7.02%
Charge for Service 39,746,856 42,719,552 41,201,162 33,886,591 (8,832,961) -20.68%
Fines & Forfeitures 4,548,081 5,222,332 6,740,722 7,311,062 2,088,730 40.00%

Use of Money & Property 2,323,747 3,459,742 3,459,742 2,931,561 (528,181) -15.27%
Other 3,008,881 2,243,643 2,243,643 3,262,825 1,019,182 45.43%
Transfer In 43,365,822 41,625,774 41,625,774 48,676,547 7,050,773 16.94%
Total Revenues 812,939,744 831,934,777 846,078,603 915,340,881 83,406,104 10.03%

Use of Fund Balance - - 23,882,616 - - 0.00%

Salaries & Benefits 557,696,448 593,029,689 599,251,347 632,735,418 39,705,729 6.70%
Gen Operating & 174,017,573 199,496,533 207,451,392 200,634,040 1,137,507 0.57%
Maintenance
Capital Accts - - - - - 0.00%
Debt Service Accts 2,247,571 2,231,625 2,256,260 2,265,207 33,582 1.50%
Transfer Out 59,546,890 65,977,177 89,802,467 79,706,216 13,729,039 20.81%
Contra Accounts (27,426,542) (28,800,247) (28,800,247) - 28,800,247 -100.00%
Total Expenses 766,081,941 831,934,777 869,961,219 915,340,881 83,406,104 10.03%

Appropriations Clearing - - 0.00%
Acct - - -
Contr To Fund Bal/Net - - 0.00%
Position - - -
Contribution to Fund - - 0.00%
Balance - - -

Revenues Over(Under)
Expenses $ 46,857,803 $ - $ - $ - $ - 0.00%
Note: Contra accounts are used to reduce expenditures between departments in the General Fund.

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