Page 6 - CityofForestHillFY25AdoptedBudget

Reader’s Guide to this Budget Document

This budget document for the City of Forest Hill, Texas is for the fiscal year beginning October 1,
2024 and ending September 30, 2025. This document will: (1) serve as a policy document; (2) a
financial plan; (3) an operations guide; (4) a communication device to our readers; (5) be used by
City Management as a guide for operations as approved by the City Council for the fiscal year; (6)
be a communication device for City Council to staff and citizens for objectives, goals, and the
mission of the City; (7) to inform City Council and citizens of accomplishments and services; and
(8) a tool for current and prospective citizens and business to learn about the City and where it
is going.

INTRODUCTORY INFORMATION

The Table of Contents should aid a user of this document in the detailed organization of this book.
The Introduction and Overview section includes the City Manager’s Budget Message, the City’s
organizational chart, budget calendar and budget policies, Vision Statement, the City’s overall
financial structure including graphical information, and major revenue sources. The City
Manager’s message is a guide to understanding decisions made during the long budget process.

FINANCIAL SUMMARIES

The next sections of this document include the detailed financial information of the City of Forest
Hill budget. These sections are broken down by fund types. The fund types used by the City are
General, Special Revenue, Debt Service, Capital Projects, and Proprietary funds. Each fund section
will provide financial summaries, general information, and management assumptions in the
budget preparation. A few of the major operating funds are more detailed in showing objectives,
goals, staffing, organizational structures, and accomplishments by division. The Capital Project
Fund details current and future projects. The debt service fund section also provides individual
debt service reimbursement schedules.

GLOSSARY

The glossary section of the book provides both a glossary of terms and an abbreviation guide to
aid users with technical terms as well as industry jargon that appears in the document.

BUDGET ORDINANCES

The budget ordinance section provides the actual policy passed by the City Council to implement
this budget, as well as some required publications.

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