Page 209 - City of Fort Worth Budget Book

Special Revenue Fund Culture and Tourism

FUND SUMMARY

FY2023 FY2024 FY2024 FY2025 Chg from PY Adopted
Final Adopted Adjusted Rec. Amount %
Revenues
Property Tax $ — $ — $ — $ — $ — 0.0 %
Sales Tax — — — — — 0.0 %
Other Tax 32,636,409 33,658,522 33,658,522 35,850,803 2,192,281 6.5 %
License & Permits 22,100 21,000 21,000 24,000 3,000 14.3 %
Intergovernmental — — — — — 0.0 %
Charge for Service 7,472,993 5,275,590 5,275,590 6,980,104 1,704,514 32.3 %
Fines & Forfeitures — — — — — 0.0 %
Use of Money & Property 9,218,413 9,162,395 10,446,560 10,740,134 1,577,739 17.2 %
Special Assessments — — — — — 0.0 %
Other 2,563,042 2,189,021 2,189,021 2,206,573 17,552 0.8 %
Transfer In 3,290,919 3,834,585 3,834,585 3,645,815 (188,770) -4.9 %
Use of Fund Balance — — — — — 0.0 %
Total Revenues 55,203,876 54,141,113 55,425,278 59,447,429 5,306,316 9.8 %

Expenses
Salaries & Benefits 11,094,525 13,217,593 13,217,593 14,059,395 841,802 6.4 %
Gen Operating &
Maintenance 35,962,220 35,005,965 35,951,847 35,075,235 69,270 0.2 %
Capital Accts — — — — — 0.0 %
Debt Service Accts — — — — — 0.0 %
Transfer Out & Other 7,965,697 5,917,555 6,255,838 10,312,799 4,395,244 74.3 %
Contra Accounts — — — — — 0.0 %
Project Budget Account — — — — — 0.0 %
Total Expenses 55,022,442 54,141,113 55,425,278 59,447,429 5,306,316 9.8 %
Grand Total $ 181,434 $ — $ — $ — $ — 0.0 %

2024 2025 Change
Fund AP FTE AP FTE AP FTE
Culture and Tourism Fund 138.00 138.00 158.00 147.60 20.00 9.60
Total 138.00 138.00 158.00 147.60 20.00 9.60

FUND PURPOSE AND GOALS
The Culture & Tourism (C&T) Fund is a special revenue fund of the City of Fort Worth established in 1989 to
provide funding to enhance tourism and promote, develop, and maintain cultural activities in Fort Worth.

The Culture & Tourism Fund is supported by two primary revenue sources: the Hotel/Motel Occupancy Tax, and
the revenues generated by the Fort Worth Convention Center (FWCC) and the Will Rogers Memorial Center
(WRMC).

Funding is allocated in the Culture & Tourism Fund for the Public Events Department’s (PED) operations,
including the Office of Outdoor Events, the Fort Worth Convention Center, the Will Rogers Memorial Center, and
debt for both those facilities and Dickies Arena.

209