Page 69 - BurlesonFY24AdoptedBudget

CITY OF BURLESON FUND DESCRIPTION

Governmental
Modified Accrual Basis of Accounting

MAJOR FUNDS:

MAJOR MAJOR
FUND DESCRIPTION REVENUE SOURCES SERVICES PROVIDED
General Most basic fund used in COB • Property Taxes • General Administration
• Sales Taxes • Public Safety
• Licenses and Permits • Community Services
• Fines & Forfeitures • Public Works (Except
• Interest Water/Wastewater and
• Miscellaneous Solid Waste)
• Other Sources

Burleson Community • 1/2 cent Sales Tax • Economic Development
Services Development Special Revenue Fund
Corporation
(4B) Special Revenue Fund

4A Corporation Special Special Revenue Fund • 1/2 cent Sales Tax • Economic Development
Revenue Fund

• Burleson Recreation
Parks Performance Special Special Revenue Fund • User Fees Center (BRiCk)
Revenue Fund
• Ballfields

General Debt Service Fund Debt Service Fund • Property Taxes • Payment of General
Long-term Debt
Obligations

NON-MAJOR FUNDS:

MAJOR MAJOR
FUND DESCRIPTION REVENUE SOURCES SERVICES PROVIDED
Economic Development Special Revenue Fund • Property Taxes • Economic
Fund • Sales Taxes Development
Incentives

Hotel/Motel Fund Special Revenue Fund • 7% room occupancy • Economic
tax Development
Burleson 4A • 1/2 cent Sales Tax • Payment of 4A Long-
Corporation Debt Debt Service Fund term Debt Obligations
Service Fund

Burleson Community Debt Service Fund • 1/2 cent Sales Tax • Payment of 4B Long-
Service Development term Debt Obligations
Corporation (4B) Fund
Special Revenue Fund

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