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General Fund Revenue
Fiscal Year 2022 – 2023 Budget
General Fund revenue is made up of several categories of revenue from across multiple Town departments. These include:
• Ad Valorem (Property) Taxes – Property Taxes are based on the appraised values provided by Denton County Central Appraisal
District. • Sales and Use Tax – Of the two percent sales tax on taxable sales within the Town, one cent is recorded as revenue in the General Fund. • Franchise Fees – Includes fees assessed for private use of public property. • Fines and Forfeiture – Includes all court fines and fees, and contractor and constructions fees, and other Town fees. • Licenses and Permits – Includes permits and licenses required by the
Town for homes and businesses. • Charges for Service – Includes all revenues collected for services provided through the departments funded through the General Fund. • Intergovernmental – Activities of two or more governments providing assistance for a program. • Miscellaneous – Items not covered above.
MISCELLANEOUS REVENUE 1% TRANSFERS 5%
INTERGOVENMENTAL REVENUE 16%
LICENSES AND
PERMITS 7% CHARGES FOR SERVICES 4%
FINES AND FORFEITURES 2%
FRANCHISE FEES 5%
SALES AND USE TAX 13% AD VALOREM TAXES 47%
Description AD VALOREM TAXES
Ad Valorem - Current
Actual Amended Budget Estimated Budget Adopted Budget Planning Years
2020 - 2021 2021 - 2022 2021 - 2022 2022 - 2023 2023 - 2024 2024 - 2025 2025 - 2026 2026 - 2027
$23,688,059 $24,393,411 $26,529,879 $26,343,296 $28,798,877 $30,817,572 $31,800,413 $32,733,851
Contra Property Tax (TIRZ/ MMD) Potential 1% HS exemption Penalty and Interest Earnings on Delinquent Ad Valorem - Prior Year Ad Valorem - Prior Year Contra Vehicle Inventory Tax (1,529,403) (3,445,494) (3,950,000) (4,281,934) (6,123,325) (7,092,010) (7,609,964) (7,780,455) (495,087) (544,596) (680,745) (884,969)
81,226 50,000 57,464 50,000 50,000 50,000 50,000 50,000 98,298 25,000 95,164 25,000 25,000 25,000 25,000 25,000 (1,739) - - - - -
1,849 - 3,997 3,000 3,000 3,000 3,000 3,000
Total Ad Valorem Tax $22,340,029 $21,022,917 $22,734,766 $22,139,362 $22,258,465 $23,258,966 $23,587,704 $24,146,427
SALES AND USE TAX
Town Sales Tax $5,792,064 $5,772,918 $6,545,032 $6,675,933 $6,776,072 $6,877,713 $6,877,713 $6,877,713
Contra Sales Tax
(181,076) (525,000) (256,790) (450,000) (450,000) (450,000) (450,000) (450,000) Mixed Drink Tax 77,840 75,000 84,369 85,000 85,000 85,000 85,000 85,000
Total Sales and Use Tax $5,688,827 $5,322,918 $6,372,610 $6,310,933 $6,411,072 $6,512,713 $6,512,713 $6,512,713
FRANCHISE FEES
Franchise Fee - Electric Franchise Fee - Gas Franchise Fee - Cable Franchise Fee - Telephone Franchise Fee - Cell Nodes
TOTAL Franchise Fees
$1,906,578 $1,850,000 $1,924,411 $1,900,000 $1,900,000 $1,925,000 $1,950,000 $1,950,000 207,221 200,000 280,489 225,000 225,000 225,000 225,000 225,000 82,972 100,000 90,400 90,000 95,000 100,000 100,000 100,000 27,127 30,000 27,103 27,500 27,500 27,500 27,500 27,500 - - 5,000 5,000 7,500 7,500 10,000 10,000
$2,223,898 $2,180,000 $2,327,403 $2,247,500 $2,255,000 $2,285,000 $2,312,500 $2,312,500
FINES AND FORFEITURES
Municipal Court Fines
$760,913 $650,000 $892,419 $775,000 $775,000 $775,000 $775,000 $775,000 Court Credit Card Fees 27,455 25,000 31,487 30,000 30,000 30,000 30,000 30,000
TOTAL FINES AND FORFEITURES $788,368 $675,000 $923,905 $805,000 $805,000 $805,000 $805,000 $805,000
LICENSES AND PERMITS
Mobile Home Park Licenses Annual Permits Certificate of Occupancy Building Permits Plumbing Permits Contractor Regs and Reinspections Other Permits
$14,076 $14,076 $14,076 $14,076 $14,076 $14,076 $14,076 $14,076 39,925 35,000 48,775 45,000 45,000 45,000 45,000 45,000 8,500 4,000 7,100 7,500 7,500 7,500 7,500 7,500 6,055,840 2,500,000 3,575,066 2,800,000 2,800,000 2,000,000 1,750,000 1,750,000 200 - 75 - - - - -
172,725 125,000 199,946 150,000 120,000 100,000 100,000 100,000 2,050 2,000 12,025 2,000 2,000 2,000 2,000 2,000
Irrigation Permits Sign Permits Engineering Contractor Registration 305,052 200,000 202,419 200,000 200,000 200,000 200,000 200,000 7,960 7,500 14,890 10,000 10,000 10,000 10,000 10,000
3,160 - 3,200 - - - -
- Alarm Permits 76,458 60,000 69,314 65,000 65,000 65,000 65,000 65,000
Total Licenses and Permits $6,685,946 $2,947,576 $4,146,886 $3,293,576 $3,263,576 $2,443,576 $2,193,576 $2,193,576
CHARGES FOR SERVICES
Rental Registrations $296,552 $265,000 $224,056 $225,000 $250,000 $250,000 $250,000 $250,000 Infrastructure Inspection Fees 120,701 125,000 66,343 75,000 75,000 75,000 75,000 75,000 Fire Code Inspection Fees 50,354 15,000 15,959 15,000 15,000 15,000 15,000 15,000 Platting Fees 76,812 50,000 50,902 45,000 40,000 25,000 25,000 25,000 Planning and Zoning Fees 11,250 8,000 6,250 6,000 5,000 5,000 5,000 5,000 Plan Review Fees 875,563 600,000 514,242 475,000 450,000 400,000 350,000 350,000 Animal Control Revenue 24,721 20,000 24,873 25,000 25,000 25,000 25,000 25,000
Charges for Services Cont.
Senior Travel/Entertainment Funds Cottonwood Creek Marina - Land USE Library Revenue Concession Proceeds Cottonwood Creek Marina - Sales Boat Ramp Fees Park and Wildlife Fees Ambulance/Fire Runs Fire Runs/Collection Transfer from LEEDC
Total Charges for Services Actual Amended Budget Estimated Budget Adopted Budget Planning Years
2020 - 2021 2021 - 2022 2021 - 2022 2022 - 2023 2023 - 2024 2024 - 2025 2025 - 2026 2026 - 2027
-
- 2,673 10,000 10,000 10,000 10,000 10,000 3,125 2,500 2,500 10,000 10,000 10,000 10,000 10,000 5,149 7,500 7,621 7,500 7,500 7,500 7,500 7,500 110,197 40,000 111,986 100,000 100,000 100,000 100,000 100,000 46,079 85,000 48,048 50,000 50,000 50,000 50,000 50,000 72,505 80,000 80,312 80,000 85,000 85,000 85,000 85,000 129 - 444 - - - - - 1,072,496 925,000 1,086,416 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 21,925 20,000 30,420 22,500 25,000 25,000 25,000 25,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000
$2,817,557 $2,273,000 $2,303,046 $2,176,000 $2,177,500 $2,112,500 $2,062,500 $2,062,500
INTERGOVENMENTAL REVENUE
Library Qtr Pledge Denton County Fire Services Pledge Denton County Ambulance Pledge Denton County DCFWS-Police Service Agreement Contract: Lakewood Village-Fire/EMS $45,000 $45,000 $47,600 $47,600 $47,600 $47,600 $47,600 $47,600 144,400 100,000 121,400 115,000 118,000 120,950 124,000 124,000 69,905 70,000 72,422 72,500 73,000 73,500 74,000 74,500 602,008 665,072 665,072 695,319 743,992 762,591 800,721 820,739
36,450 53,000 53,000 53,000 53,000 53,000 53,000 53,000
Contract: City of Hackberry-PD Paloma Creek Police Services Paloma Creek static costs Other Grants/Reimbursements SRO Contracts - LEISD, DISD
101,530 106,606 106,606 117,267 125,476 128,612 135,043 138,419 1,658,917 1,871,452 1,868,952 2,143,693 2,293,751 2,351,095 2,468,650 2,530,366 446,841 248,841 248,841 248,841 248,841
113,673 123,350 273,858 - - - -
- 909,441 909,395 938,722 1,206,352 1,290,796 1,323,066 1,389,220 1,423,950
SRO Contracts - ONE TIME COSTS 148,155
MUTUAL AID REIMBURSEMENTS FISD Miller/Roberts 93,742 - 382,756 - - - -
- 73,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
DCFWS - Fire Services Reimbursement
67,068 204,370 216,145 338,935 421,109 421,109 421,109 421,109 402,092 165,000 125,338 165,000 165,000 165,000 165,000 165,000
CRF CARES Act Funding 688,649 - - - - - - -
American Recovery Act Funds 71,297 144,685 1,389,377 1,604,706 1,337,347 - -
- Crossroads Fire/Police Services - 452,300 452,300 452,300 463,608 475,198 487,078 499,255
Total Intergovernmental Revenue $5,077,672 $4,912,730 $6,716,048 $7,609,168 $7,384,019 $6,173,063 $6,416,761 $6,549,279
Interest Earnings $143,902 $200,000 $174,215 $200,000 $225,000 $250,000 $250,000 $250,000
MISCELLANEOUS REVENUE
Auction Proceeds Insurance Riembursements Abatement Reimbursements Miscellaneous Revenue TIRZ 5 contribution revenue
Total Miscellaneous Revenue
$46,041 $- $4,899 $- $- $- $-
$- 159,356 40,000 141,137 40,000 40,000 40,000 40,000 40,000 11,036 6,000 4,527 6,000 6,000 6,000 6,000 6,000 129,579 600,826 90,653 50,000 50,000 50,000 50,000 50,000 2,100,233 - - - - - - -
$2,446,244 $646,826 $241,216 $96,000 $96,000 $96,000 $96,000 $96,000
TRANSFERS
Transfer from Water Utility Fund Transfer from Solid Waste Fund Transfer from CDC Transfer from Other Funds
Total Transfers
TOTAL REVENUE
$1,810,000 $1,924,506 $1,924,506 $1,959,802 $1,985,028 $2,081,924 $2,098,514 $2,107,183 175,000 175,000 175,000 175,000 200,000 200,000 200,000 200,000 12,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 101,803 106,500 106,500 107,000 107,000 107,000 107,000 107,000
