Page 254 - City of Fort Worth Budget Book

Enterprise Funds Municipal Parking

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 — — — — — 0.0 %
License & Permits 30,993 37,000 37,000 30,000 (7,000) -18.9 %
Intergovernmental — — — — — 0.0 %
Charge for Service 7,354,600 7,271,137 7,271,137 7,633,250 362,113 5.0 %
Fines & Forfeitures — — — — — 0.0 %
Use of Money & Property 318,537 173,326 173,326 127,928 (45,398) -26.2 %
Special Assessments — — — — — 0.0 %
Other 3,304 — — — — 0.0 %
Transfer In 431,979 600,000 600,000 600,000 — 0.0 %
Use of Fund Balance — — — — — 0.0 %
Total Revenues 8,139,413 8,081,463 8,081,463 8,391,178 309,715 3.8 %

Expenses
Salaries & Benefits 1,302,219 1,649,510 1,649,510 1,556,735 (92,775) -5.6 %
Gen Operating &
Maintenance 3,171,680 4,407,747 4,407,747 3,989,974 (417,773) -9.5 %
Capital Accts — — — — — 0.0 %
Debt Service Accts — — — — — 0.0 %
Transfer Out & Other 3,029,299 2,024,206 2,024,206 2,844,469 820,263 40.5 %
Contra Accounts — — — — — 0.0 %
Project Budget Account — — — — — 0.0 %
Total Expenses 7,503,198 8,081,463 8,081,463 8,391,178 309,715 3.8 %
Grand Total $ 636,215 $ — $ — $ — $ — 0.0 %

2024 2025 Change
Fund AP FTE AP FTE AP FTE
Municipal Parking Fund 21.00 21.00 21.00 21.00 — —
Total 21.00 21.00 21.00 21.00 — —

FUND PURPOSE AND GOALS
The Parking Services Division within the Transportation and Public Works Department maintains and manages six
parking garages, 20 surface lots, and over 3,200 metered parking spaces citywide.

The city garages are located at 10th and Taylor Street, 1200 Houston Street, 1301 Commerce Street, 1401 Gendy
Street, 246 West 15th Street, and 8th and Main Street, which is under a long-term lease to the Hilton Hotel. These
facilities provide parking for the general public, especially as it relates to the Will Rogers Memorial Center,
Museum of Science and History, Amon Carter Exhibits Hall, the Community Arts Center in the Cultural District, the
Fort Worth Convention Center, City Hall, and the Central Business District in Downtown. They also allocate space
for city vehicles and the personal vehicles of city employees.

Metered parking exists throughout the Downtown Central Business District, the Texas Christian University/Berry
Street area, the West 7th Urban Village, the Cultural District, and the Hospital District.

254