Page 34 - CityofBurlesonFY26Budget
P. 34

CITY OF BURLESON FUND DESCRIPTION

                                                       Governmental
                                           Modified Accrual Basis of Accounting

        MAJOR FUNDS:

         Fund                       Description                 Major Revenue Sources      Major Services Provided

         General                    General Fund                •  Property Taxes          •  General Administration
                                                                •  Sales Taxes             •  Public Safety
                                                                •  Licenses and Permits    •  Community Services
                                                                •  Fines & Forfeitures     •  Public Works (Except
                                                                •  Interest                   Water/Wastewater and
                                                                •  Miscellaneous              Solid Waste)
                                                                •  Other Sources

         Burleson Community Services   Special Revenue Fund     •  1/2 cent Sales Tax      •  Economic Development
         Development Corporation (4B)
         Special Revenue Fund
         4A Corporation Special     Special Revenue Fund        •  1/2 cent Sales Tax      •  Economic Development
         Revenue Fund
         Parks Performance Special   Special Revenue Fund       •  User Fees               •  Burleson Recreation
         Revenue Fund                                                                         Center (BRiCk)
                                                                                           •  Ballfields
         General Debt Service Fund   Debt Service Fund          •  Property Taxes          •  Payment of General Long-
                                                                                              term Debt Obligations
                FUND



        NON-MAJOR FUNDS:



         Fund                       Description                 Major Revenue Sources      Major Services Provided

         Economic Development Fund   Special Revenue Fund       •  Property Taxes          •  Economic Development
                                                                •  Sales Taxes                Incentives
         Hotel/Motel Fund           Special Revenue Fund        •  7% room occupancy tax   •  Economic Development

         Burleson TIF 2 Fund        Special Revenue Fund        •  Property Tax Increment  •  Financial Assistance of
                                                                                              Development Projects
         Municipal Court Fund       Special Revenue Fund        •  Fines and Court Fees    •  Court Hearings and Case
                                                                                              Processing
         Burleson 4A Corporation Debt   Debt Service Fund       •  1/2 cent Sales Tax      •  Payment of 4A Long-term
         Service Fund                                                                         Debt Obligations
         Burleson Community Service   Debt Service Fund         •  1/2 cent Sales Tax      •  Payment of 4B Long-term
         Development Corporation (4B)                                                         Debt Obligations
         Fund
                 FUND

















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