Page 89 - FY 2023-24 ADOPTED BUDGET

over the 2022-23 re-estimate of $80,000. Penalty and interest revenue for 2023-24 is $63,000 for an increase of
$16,857 from the 2022-23 re-estimate of $46,143.

OTHER REVENUES

FRANCHISE TAXES REVENUE

The City of Benbrook, under the authority granted by the State of Texas, charges local utility companies: Oncor,
Atmos Energy Company, AT&T, and Spectrum (formerly Charter Communications) a franchise tax for the City’s
right-of-way. The City also contracts out the sanitation collection and disposal service and receives a franchise fee
from the private contractor. Franchise holders pay the City a percentage (between three to five percent) based on
each utility’s gross receipts. The 2023-24 projection is $1,270,000.

Revenue from the electrical franchise is projected to be $850,000 in 2023-24. Revenue from the natural gas

franchise is projected to be $125,000. Revenue from the telephone franchise is projected to be $40,000.
Revenue from the sanitation franchise is projected to be $100,000. Revenue from the cable television franchise
is projected to be $155,000.

SALES AND OTHER TAXES REVENUE

Revenue from the City’s one-percent share of the Texas sales tax and other taxes is projected to remain flat in 2023-
24 due to COVID-19 and possible shutdown of businesses, and the possibility of a recession. The 2023-24 projection
is $4,000,000 and the 2022-22 re-estimate is $4,000,000.

Revenue from the mixed beverage tax is projected at $10,000 in 2023-24, which is the same as 2022-23.

LICENSES, PERMITS, AND FILING FEES REVENUE

This revenue category is divided into four sub-categories: (1) Licenses (2) Permits and Filing Fees (3) Lodging License
Fees, and (4) Planning and Zoning fees. The 2023-24 Budget includes projected revenue from licenses, permits, and
filing fees at $370,400; this projection reflects a net decrease of $3,100 from the 2022-23 re-estimate.

LICENSES

The City of Benbrook charges electricians, plumbers, irrigators, and other building trade workers an annual licensing
fee. The licensing fee is used to monitor the people working in these areas and to ensure that these workers have
the required builders’ bonds. Revenue from licenses is projected at $12,300 in 2023-24, $3,000 less than the 2022-
23 re-estimate.

74