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General Fund by Category
Capital Expenses, 0.7%
Maintenance and Repair,
Salary and Wages, 3.9%
65.6%
Materials and Supplies, 0.9%
Operating Expenditures,
24.8%
Other Expenditures, 4.2%
FUND BALANCE
The fund balance in the General Fund is estimated to be $16,125,549 at the end of
FY 2023-24. This amount is $3,675,548 above the 20% minimum reserve amount
established by city council policy.
4A ECONOMIC DEVELOPMENT FUND
In 2001 the citizens of Burleson approved an additional one-half of one percent
sales tax to be used for economic development. The city began collecting the ½
cent sales tax in December 2001. The Burleson 4A Economic Development
Corporation was established to administer the Type A EDC sales tax.
4A fund accounts for the receipt of sales tax revenue and expenditures, including
debt service payments that are allowable under state regulations for 4A Economic
Development Corporations.
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