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The TIF Fund operates without a speci{c target reser ve, as it is designed to be fully spent by the end of the TIF ’s life in
2030. The current negative fund balance is due to signi{cant capital commitments, with the de{cit projected to increase
fur ther in FY 2026 . The City has strategically borrowed funds from other Colleyville funds instead of issuing debt , reducing
the cost to taxpayers. As the TIF owns land held for sale, the City anticipates future proceeds from land sales and
incremental tax revenues will help bring the fund to a zero balance by 2030.

Revenues by Source
FY 2025
Adopted
FY 2025 FY 2026
FY 2024 FY 2025 Budget vs. FY
Category Adopted Proposed
Actuals Projected 2026 Proposed
Budget Budget
Budget (%
Change)
Ad Valorem Taxes
Current Taxes $6,609,913 $6,030,000 $7,051,866 $6,600,000 9.45%
Total Ad Valorem Taxes $6,609,913 $6,030,000 $7,051,866 $6,600,000 9.45%
Charges for Ser vices
Colleyville Business Ctr Rev $46,282 - $56,014 $50,000 -
Total Charges for Ser vices $46,282 - $56,014 $50,000 -
Miscellaneous Revenue
Earned Interest $41,224 $25,000 $53,193 $35,000 40.00%
Miscellaneous $16 - $67,481 - -
Total Miscellaneous Revenue $41,240 $25,000 $120,674 $35,000 40.00%
Total Revenues $6,697,435 $6,055,000 $7,228,554 $6,685,000 10.40%

The Tax Increment Financing (TIF) Fund is primarily funded through the redirection of proper ty tax revenues generated
from increases in proper ty values within the Tax Increment Reinvestment Zone (TIRZ). This incremental increase in
proper ty tax revenue allows the City to {nance improvements within the zone.

In addition to proper ty tax redirection, the TIF Fund receives minimal revenue from investment income (interest) and
other miscellaneous sources. These smaller revenue streams have limited impact on the overall fund.

Revenue projections for FY 2026 are based on revised estimates from the current year and historical trends, re|ecting the
stable nature of proper ty tax growth within the TIRZ .

Expenditures by Depar tment
FY 2025
Adopted
FY 2025 FY 2026
FY 2024 FY 2025 Budget vs. FY
Category Adopted Proposed
Actuals Projected 2026 Proposed
Budget Budget
Budget (%
Change)
Parks & Recreation
Personnel Ser vices $140,813 $207,635 $171,217 $224,258 8.01%
Contractual Ser vices $225,039 - $23,477 - -
Supplies $6,764 - $28,290 - -
Capital Outlay - - $138,153 - -
Capital Projects - - $3,364,426 - -
Total Parks & Recreation $372,616 $207,635 $3,725,563 $224,258 8.01%

FY 2025-2026 Annual Budget | Colleyville Page 80