Page 176 - Fort Worth City Budget 2019
P. 176
Special Revenue Fund
significant resource allocation challenges in the near future, and/or adequately addressing the issue will require
some sort of City Council action/decision.
Lease Revenues: There is a continued loss of lease revenues and utility reimbursements to the City due to the
early lease termination of the TAESL lease in 2016. The loss has been alleviated by the additional lease revenues
from new tenants and the utility reimbursement from the recently executed Rolls Royce agreement.
Central Utility Plant: Required capital improvements and repairs to the Central Utility Plant for increased
efficiency resulting in a decrease of costs to the City.
Utility Contracts: TXU, the electricity provider at the Alliance Maintenance Facility, charges an electricity under-
usage penalty when the actual monthly usage is below the required base level. Due to the shortage in tenants at
the facility the penalty charge could continue to be paid until new electricity contracts are negotiated and
executed.
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