Page 132 - CITY OF WATAUGA, TEXAS ANNUAL BUDGET PORTRAIT
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CRIME CONTROL DISTRICT – FUND 18
The Crime Control and Prevention District was established to account for a
one-half cent sales tax increase approved by voters on March 23, 1996, for an
initial five years and extended by voters each ten years. On the most recent
election, May 1, 2021, voters extended the sales tax collection for ten more
years. The purpose of the increase in sales tax is to enhance law enforcement
in Watauga. The additional funding is used to add officers and purchase
additional equipment and supplies for law enforcement purposes.
This is a Special Revenue Fund and is used to account for specific revenues that are legally restricted to
expenditures for particular purposes. The fund is accounted for on the modified accrual basis of accounting.
Revenues are recorded when available and measurable, and expenditures are recorded when the liability is
incurred.
Sales tax revenue continues to trend flat and is forecasted in FY2024-2025 at $1,953,000.
Where Does the Money Come From?
Where Does the Money Go?
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