HomeMy WebLinkAboutIR 10277
INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 10277
May 21, 2019
To the Mayor and Members of the City Council
Page 1 of 1
SUBJECT: REVENUE MANUAL DEVELOPMENT
The Performance & Budget
Management Services, and operating departments to develop a new FY2020 Revenue Manual to be
published in October 2019. The initiative is intended to:
Provide insight into the various revenues collected by the City
Track financial trends for revenue accounts
Provide background on the revenues
Promote accountability by identifying the department and positions responsible for the revenue
Provide a fee schedule for each revenue account
Identify any fee changes associated with the FY2020 budget
The FY2020 Revenue Manual will include a total of 59 revenue accounts, representing approximately
96percent of the total revenues collected and all accounts totaling more than $1 million in annual
revenues.
The Revenue Manual will undergo further development during FY2020 to gather additional information
related to the fees and revenue accounts including:
Collection process and collection system/interfaces
Key stakeholders related to the fee
Exemptions
Expiration (if applicable)
The remaining revenue accounts
During this process, a system of record will be developed to allow easier maintenance and updating of
fees across the City. The improvements will allow the production of a transparent fee schedule to the
public and reports for improved management of revenues.
session. If you have any questions about it in the meantime, please call Lynda Johnson,
Performance & Budget Director, at 817-392-6222.
David Cooke
City Manager
ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS