Mineral Wells

    General Information


    Population 15,362
    Total Revenues $23,630,242
    Total Expenditures $22,137,459
    Total Pension Contributions $699,904
    Pension Contribution To Revenue Ratio 3.0%  (247 of 329)
    Funded Ratio 63.1%
    Unrestricted Net Position $5,835,469
    Current Assets $22,202,200
    Current Liabilities $3,505,420

    Financial Statements


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    Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
    Surplus / (Deficit) $  (629,669) $  172,075 $  (457,594)
    Revenues
    Total Revenues $  9,283,577 $  1,925,531 $  11,209,108
    Sales and use taxes 3,841,821 0 3,841,821
    Property Tax 2,527,162 744,751 3,271,913
    Franchise taxes 1,319,105 0 1,319,105
    Intergovernmental 225,830 623,965 849,795
    Charges for services 812,944 0 812,944
    Fines 255,500 0 255,500
    Hotel and Motel Occupancy Tax 0 223,276 223,276
    Special assessments 0 219,669 219,669
    Miscellaneous 62,281 105,650 167,931
    Licenses, permits and fees 164,082 0 164,082
    Cemetery 72,397 7,192 79,589
    Interest income 2,455 1,028 3,483
    Long Term Debt $  13,479,754
    Fund balances at end of year $  4,876,370
    Expenditures
    Total Expenditures $  9,913,246 $  1,753,456 $  11,666,702
    Police 2,567,352 26,822 2,594,174
    Fire & Emergency Medical Services 1,639,137 0 1,639,137
    Highways, streets & bridges 1,187,628 13,691 1,201,319
    Principal Retirement 70,909 835,219 906,128
    Parks, recreation and culture 878,848 0 878,848
    Administrative and general 812,928 0 812,928
    Fleet and facility services 777,021 0 777,021
    Community and economic development 0 628,965 628,965
    Finance 528,302 0 528,302
    Library Fund 382,658 0 382,658
    Inspections 331,844 0 331,844
    Information Technology 316,470 0 316,470
    Cemetery Fund 282,454 0 282,454
    Hotel/Motel Occupancy 0 222,160 222,160
    Sanitation services 135,046 0 135,046
    Interest Payments and Other Charges 2,649 26,599 29,248