Page 43 - CityofColleyvilleFY25AdoptedBudget

The City of Colleyville utilizes several different funds to manage its nancial
resources. Each fund has a distinct purpose and is categorized as either a major
or minor fund, based on whether its revenues or expenditures exceed 10% of the
City's appropriated budget. The funds are grouped and described below by type,
with major funds listed rst.

. General Fund (Major Fund)
a. Fund Type: Governmental Fund (General Fund)
b. Purpose: The General Fund is the primary operating fund of the City of
Colleyville, covering the main general city services. It supports
functions such as public safety, community development, and general
administration. The General Fund provides essential services to the
community, funded primarily through property taxes, sales taxes, and
franchise fees.

. Utility Fund (Major Fund)
a. Fund Type: Proprietary Fund (Enterprise Fund)
b. Purpose: The Utility Fund accounts for all activities related to providing
water and wastewater services to Colleyville residents. The fund
operates on a self-sustaining basis, meaning it generates its own
revenues primarily through service charges. It includes both an
operating component, to cover day-to-day utility services, and a capital
component for infrastructure projects.

. Debt Ser vice Fund (Minor Fund)
a. Fund Type: Governmental Fund (Debt Service Fund)
b. Purpose: The Debt Service Fund is used to manage the repayment of
the City's general obligation debt. It is funded primarily by property
taxes collected for the purpose of servicing existing debt obligations.
As a minor fund, it does not constitute a signi cant portion of the
overall budget.

. Drainage Fund (Minor Fund)
a. Fund Type: Proprietary Fund (Enterprise Fund)
b. Purpose: The Drainage Fund is used to manage stormwater (drainage)
projects. It includes both operating and capital components, with
funding generated through a dedicated drainage fee billed to
residents. Excess revenues are transferred into capital projects to
support infrastructure improvements.

. Colleyville Economic Development Corporation (CEDC) Fund (Minor
Fund)
a. Fund Type: Governmental Fund (Special Revenue Fund)
b. Purpose: The CEDC Fund, funded by a 0.5% sales tax, is used for
economic development activities and quality-of-life improvements.
These include park projects, library enhancements, and other
community developments to bene t the citizens of Colleyville.

All Funds
. Colleyville Crime Control and Prevention District (CCCPD) Fund (Minor
Fund)
a. Fund Type: Governmental Fund (Special Revenue Fund)
b. Purpose: The CCCPD Fund is dedicated to supporting law
enforcement services in Colleyville, funded by a 0.5% sales tax. It
supports both operating costs and capital improvements for the police
department.

. Hotel Tax (HOT) Fund (Minor Fund)
a. Fund Type: Governmental Fund (Special Revenue Fund)

City of Colleyville | Budget Book 2025 Page 43