Page 17 - CITY OF AZLE, TEXAS

reclamation of Sandy Beach Rd., Scotland Ave., Oak St., Elm St., and Ash Ave. and various
overlays and maintenance. The ending balance in the Street Maintenance Fund is projected to
be $136,464.

Revenues in the Court Security Fund are estimated for the year at $12,850. Expenditures are
projected at $7,500 to cover overtime pay for officers who act as bailiff during court
proceedings.

Court Technology Fund revenue is projected at $10,500. Expenditures are projected at $18,000
for court-related computer system fees. The ending balance is expected to be $6,534.

The Hotel/Motel Tax Fund derives revenue from a seven percent (7%) tax levied upon the cost
of hotel occupancy. The purpose of this tax and these funds is to benefit tourism and the hotel
industry within Azle. Projected revenues are $25,000 for total available resources of $331,001.
Revenue projections are based on previous year occupancy rates. No expenditures are
proposed for this fund.

The Cable PEG Fee Capital Projects fund was established to account for Cable PEG fees.
Chapter 66 of the Texas Utilities Code provides for funds, over-and-above franchise fees, to
support public, educational, and governmental (PEG) access facilities to assist cities with
providing PEG channel capacity. The funds are collected from an additional one (1%) percent
of a provider's gross revenues. Permissible capital expenditures include all facilities and
equipment that have a useful life of longer than one (1) year and that are used for PEG access
facilities to provide or enhance the provisioning of PEG channel capacity, programming, and
transmissions for a governmental use. Projected revenue for FY 2023-24 is $20,300.
Typically, there have been no expenditures for this fund but funds were budgeted the past
couple of years for cameras and a streaming system to enable on-line broadcasting of Council
meetings. Staff has been evaluating cameras and systems, however, this fund cannot be used
to purchase on-line/streaming devices and services. The local cable provider (Spectrum), as
per their franchise with the City, is required to provide the City a channel on their platform but
the City would have to create a considerable amount of additional content to broadcast on the
channel. If the City were to stream Council meetings and replay them, funds from another
source would need to be identified. Consequently, no expenditures are proposed for this fund
for the coming fiscal year and the ending balance is expected to be $305,225.

Capital Projects

A beginning balance of $2,358,000, which includes a prior year transfer from the General Fund
of $2,048,000, is projected for this fund. Also included in this beginning balance is $210,000 in
gas royalties and $100,000 from prior transfers from the Municipal Development District.

The Dunaway Lane Reconstruction Project will commence during FY 2023-24. The Project
should be bid in spring 2024 with construction commencing in the summer. The Project is part
of the 2021 Tarrant County Bond Program of which Tarrant County will contribute $2,817,500.
The City will fund the balance with a $6,000,000 debt issuance in spring/summer 2024. The
balance of the fund ($2,755,500) will be used towards new City facilities including a new
vehicle/equipment maintenance facility and completing the second phase of the Animal Control
Center.

The Utility Capital Projects Fund consists of the Emergency Process Generator & Onshore
Pump Intake Station Project for the Water Plant ($260,000); the Walnut Creek Lift Station

City of Azle FY 2023-2024 Budget 7