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ADOPTED | BUDGET

FISCAL YEAR 2022-2023
SCHEDULE 7 - SUMMARY OF REVENUES AND EXPENDITURES

TAX INCREMENT FINANCING FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY2019/20 FY2020/21 FY2021/22 FY2021/22 FY 2022/23
TAX INCREMENT FINANCING DISTRICT #1/1A
REVENUES
PROPERTY TAXES
City of North Richland Hills $0 $0 $0 $0 $0
Tarrant County Hospital District 0 0 0 0 0
Tarrant County College District 0 0 0 0 0
Tarrant County 0 0 0 0 0
TOTAL TIF #1/1A PROPERTY TAXES $0 $0 $0 $0 $0
OTHER FUNDING SOURCES
Investment Income $31,053 ($2,165) $0 $1,018 $0
Appropriation of Fund Balance 0 0 0 296,637 0
TOTAL OTHER FUNDING SOURCES $31,053 ($2,165) $0 $297,655 $0
TOTAL REVENUES $31,053 ($2,165) $0 $297,655 $0

EXPENDITURES
Final Distribution to Participating Entities $0 $0 $0 $297,655 $0
TOTAL EXPENDITURES $0 $0 $0 $297,655 $0
BALANCE $31,053 ($2,165) $0 $0 $0

TAX INCREMENT FINANCING DISTRICT #2
REVENUES

PROPERTY TAXES
City of North Richland Hills $2,901,452 $3,146,530 $3,450,618 $3,449,798 $0
Tarrant County Hospital District 172,651 0 0 0 0
Tarrant County College District 710,023 768,126 974,477 0 0
Tarrant County 380,797 0 0 0 0
TOTAL TIF #2 PROPERTY TAXES $4,164,923 $3,914,656 $4,425,095 $3,449,798 $0
OTHER FUNDING SOURCES
Investment Income $217,235 $19,489 $217,000 $64,562 $0
Appropriation of Fund Balance 0 0 0 26,165,170 0
TOTAL OTHER FUNDING SOURCES $217,235 $19,489 $217,000 $26,229,732 $0
TOTAL REVENUES $4,382,158 $3,934,145 $4,642,095 $29,679,530 $0

EXPENDITURES

Debt Service / Bond Defeasance / Paying Agent $2,198,674 $2,228,143 $2,051,935 $9,781,877 $0
Final Distribution to Participating Entities 1,275 0 0 12,533,199 0
FY21 Payment Rebate 1,275 0 0 3,914,656 0
FY22 Payment Rebate 0 0 0 3,449,798 0
TOTAL EXPENDITURES $2,201,224 $2,228,143 $2,051,935 $29,679,530 $0
BALANCE $2,180,935 $1,706,002 $2,590,160 $0 $0

130 NRH | TEXAS