Page 165 - City of Fort Worth Budget Book

Enterprise Funds Municipal Parking

FUND SUMMARY

FY2022 FY2023 FY2023 FY2024 Chg from PY Adopted
Final Adopted Adjusted Rec. Amount %
Revenues
Property Tax $ — $ — $ — $ — $ — 0.0 %
Sales Tax — — — — — 0.0 %
Other Tax — — — — — 0.0 %
License & Permits 32,006 31,000 31,000 37,000 6,000 19.4 %
Intergovernmental — — — — — 0.0 %
Charge for Service 6,064,214 7,001,763 7,001,763 7,271,137 269,374 3.8 %
Fines & Forfeitures — — — — — 0.0 %
Use of Money & Property 219,600 251,519 251,519 173,326 (78,193) -31.1 %
Special Assessments — — — — — 0.0 %
Other 2,118 — — — — 0.0 %
Transfer In 408,808 600,000 600,000 600,000 — 0.0 %
Use of Fund Balance — 248,657 248,657 — (248,657) -100.0 %
Total Revenues 6,726,746 8,132,939 8,132,939 8,081,463 (51,476) -0.6 %

Expenses
Salaries & Benefits 1,206,351 1,555,765 1,555,765 1,649,510 93,745 6.0 %
Gen Operating &
Maintenance 2,839,821 3,547,875 3,547,875 4,407,747 859,872 24.2 %
Capital Accts — — — — — 0.0 %
Debt Service Accts — — — — — 0.0 %
Transfer Out & Other 53,899 3,029,299 3,029,299 2,024,206 (1,005,093) -33.2 %
Contra Accounts — — — — — 0.0 %
Project Budget Account — — — — — 0.0 %
Total Expenses 4,100,071 8,132,939 8,132,939 8,081,463 (51,476) -0.6 %
Grand Total $ 2,626,675 $ — $ — $ — $ — 0.0 %

2023 2024 Change
Fund AP FTE AP FTE AP FTE
Municipal Parking Fund 21.00 21.00 21.00 21.00 — —
Total 21.00 21.00 21.00 21.00 — —

FUND PURPOSE AND GOALS
The Parking Services Division within the Transportation and Public Works Department maintains and manages six
parking garages, 20 surface lots, and over 3,200 metered parking spaces citywide.

The city garages are located at 10th and Taylor Street, 1200 Houston Street, 1301 Commerce Street, 1401 Gendy
Street, 246 West 15th Street, and 8th and Main Street, which is under a long-term lease to the Hilton Hotel. These
facilities provide parking for the general public, especially as it relates to the Will Rogers Memorial Center,
Museum of Science and History, Amon Carter Exhibits Hall, the Community Arts Center in the Cultural District, the
Fort Worth Convention Center, City Hall, and the Central Business District in Downtown. They also allocate space
for city vehicles and the personal vehicles of city employees.

Metered parking exists throughout the Downtown Central Business District, the Texas Christian University/Berry
Street area, the West 7th Urban Village, the Cultural District, and the Hospital District.

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