Page 3 - Proposed budget cover and insert sheets
P. 3
CITY OF HURST
FY 2025 - 2026 ADOPTED BUDGET
GENERAL FUND
REVENUE SUMMARY
FY 2026
FY 2022 FY 2023 FY 2024 FY 2025 FY 2025
ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES ADOPTED
BUDGET
TAXES
GENERAL PROPERTY TAX
Current 17,117,778 18,373,198 19,515,674 20,987,171 20,784,396 21,678,531
Delinquent 957 (36,642) (55,132) 10,000 (35,715) (10,000)
Penalty & Interest 114,923 118,412 130,769 100,000 120,000 120,000
Development Incentives (CONTRA) (109,733) (117,527) (109,732) (110,000) (124,380) (129,000)
TOTAL GENERAL PROPERTY TAXES 17,123,925 18,337,441 19,481,579 20,987,171 20,744,301 21,659,531
CONSUMER TAXES
City Sales Tax 12,303,493 12,423,433 12,204,309 10,876,148 12,451,296 11,354,512
Development Incentives (CONTRA) (97,311) (106,332) (109,732) (109,000) (110,601) (110,000)
Bingo Tax 15,559 25,503 27,894 27,500 25,000 25,000
Mixed Beverage Tax 156,847 148,052 142,269 160,000 150,000 150,000
TOTAL CONSUMER TAXES 12,378,588 12,490,656 12,264,740 10,954,648 12,515,695 11,419,512
FRANCHISE TAXES
Electric 1,290,696 1,303,682 1,296,747 1,310,000 1,290,000 1,275,000
Gas 511,259 548,696 526,858 475,000 550,000 550,000
Telephone 63,133 55,051 48,784 50,000 43,000 43,000
Other Telecom 79,980 79,975 45,768 45,000 50,000 55,000
Republic Waste 497,984 493,912 537,172 560,000 560,000 565,000
Cable TV 205,340 193,265 170,391 175,000 152,000 150,000
Other Video Services - - - - - -
TOTAL FRANCHISE TAXES 2,648,392 2,674,581 2,625,720 2,615,000 2,645,000 2,638,000
TOTAL TAXES 32,150,905 33,502,678 34,372,039 34,556,819 35,904,996 35,717,043
LICENSES AND PERMITS
Alarms 75,095 80,537 65,455 80,000 70,000 75,000
Building Inspection 680,347 796,349 936,052 675,000 3,500,000 675,000
Paving Inspection 21,884 59,252 410 1,500 10,038 1,500
Itinerant Merchants 1,900 1,250 2,675 1,500 1,825 2,040
Animal Shelter 110,334 21,800 95,836 101,000 35,957 44,000
Apt. Inspection Fees 63,516 81,596 129,206 90,000 157,149 130,000
Alcoholic Beverages Permit 18,840 20,630 16,700 25,000 12,500 12,500
TOTAL LICENSES AND PERMITS 971,916 1,061,414 1,246,334 974,000 3,787,469 940,040
INTERGOVERNMENTAL
FEMA Grants 99,384 15,836 133,748 20,000 125,198 20,000
Misc State Grants - - - - - -
HEB School Officer Proj. 170,647 180,647 190,647 201,143 210,647 216,966
Police Grants 4,361 3,695 11,950 12,000 11,900 12,750
Tarrant County Auto Theft Task 62,003 145,929 146,376 158,836 146,376 132,088
TOTAL INTERGOVERNMENTAL 336,395 346,107 482,721 391,979 494,121 381,804
GENERAL FUND REVENUE SUBTOTAL 33,459,216 34,910,199 36,101,094 35,922,798 40,186,586 37,038,887