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
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