Special Revenue Fund Balances

Fiscal Year 2022 Operating and Capital Budget

For a downloadable PDF collection of the fund balance schedules listed on this page, click here.

An image depicting a summary of fund balance changes for the Community Redevelopment Agency Fund between 2020 and the expected budget year of 2022.

The FY2020 Actuals fund balance increase is primarily due to surplus Tax Increment Financing revenues being used to provide additional funding in FY2021. As a result, the FY2021 Projected fund balance decreased.

An image depicting a summary of fund balance changes for the Construction Services Fund between 2020 and the expected budget year of 2022.

The FY2020 Actuals increase in fund balance is primarily due to higher than budgeted permit revenues and lower expenses. The FY2021 Projected and FY2022 Recommended decrease is primarily due to stable permit activity and higher expenses.

An image depicting a summary of fund balance changes for the Local Option Gas Tax Fund between 2020 and the expected budget year of 2022.

The FY2020 Actuals fund balance increased primarily due to reduced personnel expenses, electrical expenses, and a budgeted reserve of $0.6 million. These FY2020 reduced expenses compensated for the reduced fuel taxes related to the Covid-19 Pandemic.

An image depicting a summary of fund balance changes for the Local Option Sales Tax - All For Transportation Fund between 2020 and the expected budget year of 2022.

The Local Option Sales Tax - All for Transportation was approved in November 2018 with an effective sales tax collection date of January 1, 2019. The Florida Supreme Court ruled that the amendment to the Hillsborough County charter was unconstitutional. The City is pending the disposition of the funds. As a result, the City has collected and earned interest of $58,305,407 but has been unable to expend the funds.

An image depicting a summary of fund balance changes for the State and Federal Grants Program Fund between 2020 and the expected budget year of 2022.

An image depicting a summary of fund balance changes for the Storm and Pandemic Responses Fund between 2020 and the expected budget year of 2022.

An image depicting a summary of fund balance changes for the Stormwater Services Fund between 2020 and the expected budget year of 2022.

The FY2020 Actuals increase in fund balance is primarily due to lower expenses. The FY2021 Projected and FY2022 Recommended decrease is primarily due to stable revenues and higher expenses.

An image depicting a summary of fund balance changes for the Transportation Impact/Mobility Fee Fund between 2020 and the expected budget year of 2022.

The FY2020 Actuals and FY2022 Recommended fund balances decreased primarily due to funding capital projects using the available fund balance. The FY2021 Projected fund balance increased primarily due to a reduction in capital projects.