Page 17 - CITY OF AZLE, TEXAS

Revenues in the Court Security Fund are estimated for the year at $14,000. Expenditures are
projected at $7,500 to cover overtime pay for officers who act as bailiff during court
proceedings.

Court Technology Fund revenue is projected at $11,600. Expenditures are projected at $18,000
for court-related computer system fees. The ending balance is expected to be $13,275.

The Hotel/Motel Tax Fund derives revenue from a seven percent (7%) tax levied upon the cost
of hotel occupancy. The purpose of this tax and these funds is to benefit tourism and the hotel
industry within Azle. Projected revenues are $35,500 for total available resources of $392,912.
Revenue projections are based on previous year occupancy rates. No expenditures are
proposed for this fund.

The Cable PEG Fee Fund receives funds from an additional one (1%) percent of a provider's
gross revenues. Projected revenue for FY 2024-25 is $20,200. Typically, there have been no
expenditures for this fund but funds were budgeted the past couple of years for cameras and a
streaming system to enable on-line broadcasting of Council meetings. Staff has been
evaluating cameras and systems, however, this fund cannot be used to purchase on-
line/streaming devices and services. The local cable provider (Spectrum), as per their franchise
with the City, is required to provide the City a channel on their platform but the City would have
to create a considerable amount of additional content to broadcast on the channel. If the City
were to stream Council meetings and replay them, funds from another source would need to be
identified. Consequently, no expenditures are proposed for this fund for the coming fiscal year
and the ending balance is expected to be $324,429.

The Tree Reforestation Fund was established earlier this year to properly account for the receipt
of payments in lieu of compliance with the City's tree preservation ordinance. The funds are
used for purchasing, planting, transplanting, and maintaining trees for a period of three years on
public property, including public and/or capital improvement projects, street beautification
projects, or for acquiring and preserving wooded property. For FY 2024-25, the beginning
balance is $31,470 but since the Fund is new, there is no historical revenue information at this
time. Funding for the tree distribution to the community for the Arbor Day observance is
budgeted for $28,000.

Capital Projects

A beginning balance of $9,926,734, which includes a prior year transfer from the General Fund
of $3,658,000, is projected for this fund. Also included in this beginning balance is $120,000 in
gas royalties and $148,628 from prior transfers from the Municipal Development District.

The Dunaway Lane Reconstruction Project will commence during FY 2024-25. The Project
should be bid this fall with construction commencing shortly thereafter. The Project is part of the
2021 Tarrant County Bond Program of which Tarrant County will contribute $2,817,500. The
City will fund the balance with a $6,000,000 debt issuance which was issued in June 2024.

The Central Park Trail Improvement and Extension Project, which will widen the jogging path to
6-feet and extend it to City Hall, is included for $225,000.

The balance of the fund ($4,088,234) will be combined with a planned $2,000,000 transfer from
the General Fund (total of $6,088,234) to be used towards City facilities including the Animal

City of Azle FY 2024-2025 Budget 7