Page 35 - FY 2023-24 ADOPTED BUDGET
P. 35

BUDGET FORMAT


        The  fiscal  year  2023-24  Budget  Document  for  the  City  of  Benbrook  provides  historical,  present,  and  future
        comparisons of revenues and expenditures; proposed allocations of resources - both fiscal and personnel; and
        descriptions of the City's Divisions - including goals, objectives, and measurements.


        The Budget Document is divided into six sections.  Section One provides an introduction and overview of the 2023-
        24 Operating Budget.  Section Two provides the financial structure, policy, and process.  Section Three presents the
        financial summaries of the Operating Funds.  Section Four focuses on financial data for the General Fund and its
        Divisions.  Section Five focuses on the Debt Service Fund and Capital Improvement Program. Section Six serves as
        an appendix with supplemental information about the City of Benbrook, and statistical information.

        Section One – Introduction and Overview of the Budget Document contains an overview of the City's Budget
        Document through the Budget Message, Comprehensive Plan, and Basic Financial Goals. In addition, included is an

        organizational chart, key administrative officials, and map of Benbrook.

        Section Two - Financial Structure, Policy, and Process of the Budget Document contains information about the
        relationships between the City’s funds and departments, charter requirements, financial policies, and the budget
        process.


        Section Three – Financial Summaries of the Budget Document provides information on the City's Operating Funds
        with 10-year comparisons of revenues and expenditures. Also, included the current financial condition, property
        tax revenue, approved capital expenditures, future capital and debt, and long-range forecast.

        Section Four – General Fund of the Budget Document provides tables, charts, and graphs that summarize historical,
        present, and future General Fund data.  The General Fund Section is further divided into sub-sections for each of
        the City's five governmental functions: General Government, Staff Services, Public Safety, Public Services, and
        Community Development. An organizational chart is provided for each governmental function to illustrate the

        staffing levels, chain-of-command, and Divisions included in each Function.  A Function Description is included to
        describe and explain the  purpose  of the Function  and to  summarize the  programs and  services provided.   A
        Functional Summary is provided to summarize financial and personnel data at the functional level.  The Functional
        Summary provides financial data summarized at the character level (personal services, supplies and materials,
        contractual services, repair and maintenance, and capital outlay).  This data is provided on an actual basis for 2021-
        22; on a budget and estimated basis for 2022-23; and on a total request and adopted budget basis for 2023-24.

        The total request provided for 2023-24 includes the base budget request and decision packages.  The 2023-24

        budget, however, does not include any decision packages. With the COVID-19 virus pandemic, the Texas Senate Bill
        2 3.5% property tax cap, high inflation, possibility of a recession, and the construction of a new municipal complex
        it was decided that this budget year the City should better position itself for these potential unknowns and loss of
        revenue.




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