Page 8 - Proposed budget cover and insert sheets

CITY OF HURST
FY 2024 - 2025 PROPOSED BUDGET
GENERAL FUND
REVENUE SUMMARY
FY 2025
FY 2021 FY 2022 FY 2023 FY 2024 FY 2024 PROPOSED
ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES
BUDGET
TAXES

GENERAL PROPERTY TAX
Current 16,369,353 17,117,778 18,373,198 19,659,740 19,537,926 20,987,171
Delinquent 5,326 957 (36,642) 10,000 (28,183) 10,000
Penalty & Interest 84,581 114,923 118,412 85,000 118,296 100,000
Development Incentives (177,536) (109,733) (117,527) (116,000) (110,996) (110,000)
TOTAL GENERAL PROPERTY TAXES 16,281,724 17,123,925 18,337,441 19,638,740 19,517,043 20,987,171
CONSUMER TAXES
City Sales Tax 11,163,917 12,303,493 12,423,433 10,489,585 12,168,574 10,876,148
Development Incentives (CONTRA) (551,476) (97,311) (106,332) (101,500) (107,780) (109,000)
Bingo Tax 30,157 15,559 25,503 20,000 30,000 27,500
Mixed Beverage Tax 131,331 156,847 148,052 160,000 152,000 160,000
TOTAL CONSUMER TAXES 10,773,929 12,378,588 12,490,656 10,568,085 12,242,794 10,954,648

FRANCHISE TAXES
Electric 1,261,225 1,290,696 1,303,682 1,310,000 1,310,000 1,310,000
Gas 421,529 511,259 548,696 450,000 510,000 475,000
Telephone 74,484 63,133 55,051 65,000 50,000 50,000
Other Telecom 85,157 79,980 79,975 85,000 45,000 45,000
Republic Waste 482,986 497,984 493,912 520,000 560,000 560,000
Cable TV 207,646 205,340 193,265 205,000 175,000 175,000
Other Video Services - - - - - -
TOTAL FRANCHISE TAXES 2,533,027 2,648,392 2,674,581 2,635,000 2,650,000 2,615,000

TOTAL TAXES 29,588,680 32,150,906 33,502,678 32,841,825 34,409,837 34,556,819
LICENSES AND PERMITS

Alarms 79,163 75,095 80,537 80,000 75,000 80,000
Building Inspection 684,718 680,347 796,349 550,000 675,000 675,000
Paving Inspection 3,315 21,884 59,252 5,000 1,500 1,500
Itinerant Merchants 1,150 1,900 1,250 1,400 1,825 1,500
Animal Shelter 35,361 110,334 21,800 120,000 92,000 101,000
Apt. Inspection Fees 67,311 63,516 81,596 75,000 127,070 90,000
Alcoholic Beverages Permit 25,650 18,840 20,630 20,000 25,000 25,000

TOTAL LICENSES AND PERMITS 896,668 971,916 1,061,414 851,400 997,395 974,000

INTERGOVERNMENTAL

FEMA Grants 14,665 99,384 15,836 15,000 45,000 20,000
Misc State Grants - - - - - -
HEB School Officer Proj. 170,647 170,647 180,647 170,647 185,647 201,143
Police Grants 9,860 4,361 3,695 5,000 5,000 12,000
Tarrant County Auto Theft Task 87,938 62,003 145,929 85,655 145,929 158,836
TOTAL INTERGOVERNMENTAL 283,110 336,395 346,107 276,302 381,576 391,979

GENERAL FUND REVENUE SUBTOTAL 30,768,458 33,459,217 34,910,199 33,969,527 35,788,808 35,922,798