Page 6 - CityofSansomParkFY26AdoptedBudget

Department/Fund Relationship

Facilities Fund

The Facilities Fund is used to manage costs related to maintaining, improving, and operating Sansom
Park’s city buildings and shared facilities. This fund helps cover expenses such as building repairs,
routine maintenance, upgrades to heating and cooling systems, safety improvements, and general
upkeep to ensure that city buildings remain safe, functional, and welcoming for employees and the
public.
EDC Fund

The Economic Development Corporation (EDC) Fund supports projects and programs that help
attract new businesses, grow local jobs, and strengthen Sansom Park’s tax base. The EDC is typically
funded through a portion of local sales tax revenue that voters have approved for economic develop-
ment purposes. These funds can be used for things like infrastructure improvements, incentives for
new or expanding businesses, marketing the city to potential investors, or supporting community
projects that make Sansom Park more attractive to residents and employers. By having a dedicated
EDC Fund, the City can promote balanced growth and long-term economic health without relying
entirely on the General Fund.

TIRZ Fund

The Tax Increment Reinvestment Zone (TIRZ) Fund is used to support redevelopment and revitaliza-
tion within a specific area of Sansom Park that has been designated as a reinvestment zone. When a
TIRZ is created, the city sets a base value for property in that zone. As new development happens
and property values increase, the extra tax revenue (called the “tax increment”) is set aside in the
TIRZ Fund instead of going into the General Fund. This money is then reinvested back into the zone
to pay for public improvements like streets, utilities, sidewalks, and other infrastructure that help
attract private investment and encourage growth in underdeveloped or aging areas. The goal of the
TIRZ Fund is to stimulate economic activity and improve the community without raising tax rates
citywide.

City of Sansom Park, TX 2025-2026 Adopted Budget 6