Page 50 - City of Fort Worth Budget Book

Budget Highlights Revenue Highlights

Building on a multi-year trend in the City, these reductions are driven by a decrease in traffic fines of $1.1M
(24.3%), an even greater decrease than that seen in the FY2023 budget.

Use of Money and Property

Revenue from Use of Money and Property consists primarily of interest on investments, commercial exhibit
building rentals, and lease revenue. Use of Money and Property revenues are projected to increase by
approximately $8.4M, or 22.5%, from the FY2023 budget. The largest individual increase is in interest earnings
(up over $2.2M from FY2023), but a variety of lease revenue streams constitute a significant portion of the overall
growth in this revenue category.
Other Revenue

Other Revenues are mainly made up of reimbursement of labor costs and miscellaneous revenues. Revenues in
this category are projected to decrease by $11.6M, or 7.4%, from the FY2023 budget. Though Miscellaneous
Revenue continues to decrease (down $1.3M or 9.3% from FY2023) as more appropriate and descriptive revenue
accounts are used, this decrease is offset by increases in accounts such as Revenue Sharing ($2.6M) and
Recovery of Utilities, which increased by more than $2.4M and 110%.

Operating Transfers
Transfer payments consist of revenues that are transferred from funds such as Solid Waste, Water and Sewer,
Stormwater, and Crime Control Prevention District to the General Fund. Revenues in this category are projected
to increase by $27.1M or 12.4% from the FY2023 budget. This change was primarily due to an increase in the
transfer from Water/Sewer of $16.3M, or 12.3%, which is received as a street rental fee from the Water
department.

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