Page 51 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 Budget Overview

FRANCHISE FEES

The City imposes a 4% to 8% franchise fee on utility companies for the use of right-of-ways. Types of
franchises include gas, electricity, telephone, fiber optics, cable television, solid waste collection, water and
sewer, and drainage. Due to legislative changes, some franchise fee have been reduced.

Franchise revenues are recorded in the General Fund and PEG (Public, Education and Government) Fund.
Outlook
Franchise fee revenues are expected to remain similar to last year’s actual figures.

Major Influence
Factors affecting franchises include population, utility gross sales, rate of charges, and fluctuation in weather,
which affects electricity, gas, and water revenues.

Percent of
Fiscal Year General Fund PEG Fund Total
Change
2016 4,033,636 66,681 4,100,317 -2.6%
2017 4,065,408 63,053 4,128,461 0.8%

2018 3,982,000 60,000 4,042,000 -2.1%
2019 4,052,000 60,000 4,112,000 1.8%

2020 4,152,000 60,000 4,212,000 2.5%
2021 3,648,000 50,000 3,698,000 -12.1%
2022 3,548,000 50,000 3,598,000 -2.7%

2023 3,708,696 50,000 3,758,696 4.5%
2024 4,224,000 50,000 4,274,000 13.9%

2025 4,226,000 50,000 4,276,000 0.0%

Franchise Fees Revenues
$4.60

$4.40 $0.05 $0.05
$4.20 $0.06
$4.00
Millions $3.80 $4.15 $0.05 $0.05 $0.05 $4.22 $4.23
$3.60
$3.40 $4.03 $4.07 $3.98 $4.05
$3.65 $3.55 $3.71
$3.20
$3.00
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

General Fund PEG Fund