Page 56 - CityofColleyvilleFY25AdoptedBudget
P. 56

The General Fund is a governmental fund and serves as the primary operating fund
                                           of the City of Colleyville. This fund is utilized to account for all  nancial resources
                                           except those required to be accounted for in another fund. The General Fund
                                           supports a wide range of essential services that are critical to the City's daily
                                           operations, including public safety, public works, parks and recreation, and general
                                           administration.

                                           As the largest and most signi cant fund, the General Fund is classi ed as a major
                                           fund. This classi cation is due to its substantial impact on the City’s overall budget,
                                           with its revenues and expenditures consistently constituting more than 10% of the
                    General Fund
                                           total appropriated budget. The General Fund’s revenue sources primarily include
                                           property taxes, sales taxes, franchise fees, and service charges. These revenues are
                                           vital for funding the core services and programs that contribute to the quality of life in
                                           Colleyville.

                                           The General Fund’s expenditures are carefully managed to ensure that the City meets
                                           its strategic goals while maintaining  nancial stability. The fund’s purpose is to
                                           provide the  nancial foundation necessary for the City to deliver high-quality public
                                           services, maintain public infrastructure, and respond effectively to the needs of the
                                           community.


                                                    Fund Summary


























































                City of Colleyville | Budget Book 2025                                                     Page 56
   51   52   53   54   55   56   57   58   59   60   61