Financial Policies - Revenues and Transfers

6.01

Dallas County will maintain a diversified and stable revenue system to shelter it from short-term fluctuations in any one revenue source by doing the following:

a) Establishing user charges as permitted by law at a level related to the cost of providing that service, including indirect costs.

b) Pursuing legislative change, where necessary, to permit increases in user charges.

c) Aggressively collecting property tax revenues, including filing suit where appropriate and necessary, as authorized by the Texas Property Tax Code.

6.02

Dallas County will pay for all current expenditures with current resources as required by Article XI, Section 7 of the Constitution, and Article 111.091 - 111.093 of the Revised Statutes of Texas.

6.03

Dallas County will limit its reliance on non-recurring sources of revenue by adhering to the following principles:

a) Dependence on intergovernmental grants will not exceed 10% of the operating budget.

b) County matching funds for federal and state grants will not exceed 22% of the income of such grants.

c) The use of prior year fund balances for recurring expenditures will not exceed 4% of total general fund resources.

d) Revenue from ad valorem taxes will not exceed 50% of the total budgeted expenditures.

6.04

Transfers between funds, unless so contained in the Budget approved by Court Order, will only be accomplished after approval by the Commissioners Court.

6.05

The County will support the operations of the Road and Bridge Districts from the vehicle registration fee authorized by the Texas Legislature. It will credit all fines and forfeitures from Court operations to the general fund.