Page 243 - Fort Worth City Budget 2019
P. 243

Special Project Funds



               Library Special Revenue Fund Statement

               FUND SUMMARY

                                             FY2017       FY2018       FY2018        FY2019    Change from Adopted
                                              Final       Adopted      Adjusted     Adopted     Amount       %
               Intergovernmental                      -      182,404       182,404      108,033    (74,371)  -40.77%
               Charge for Service                86,431            -            -             -          -    0.00%
               Use of Fund Balance                    -      337,446       337,446      239,220    (98,226)  -29.11%
                                                                                                      $
               Revenue                      $       105,050 $       519,850  $       519,850 $       347,253  (172,597)  -33.20%


               Salaries & Benefits              164,641            -            -       169,253    169,253    0.00%
               Gen Operating & Maintenance      292,898            -            -       178,000    178,000    0.00%
                                                                                                      $
               Expenses                     $       457,539 $       519,850  $       519,850 $       347,253  (172,597)  -33.20%

               FTE                                              2.00                       2.00       0.00     0.00%


               AP                                               2.00                       2.00       0.00     0.00%

               FUND PURPOSE AND GOALS
               The Library Special Revenue Fund was established in 1986 for automation systems sharing which facilitates shared
               technology  services  among  Fort  Worth  and  other  area  cities.  Currently,  the  fund  supports  the  Fort  Worth,
               Benbrook, Burleson, and Haltom City, Keller, Richland Hills and Watauga libraries. Participating cities pay into the
               fund.  Funds in this account are reserved to offset the costs associated with operating and improving library system
               operations.

               FY2019 DISCUSSION

               The FY2019 Adopted Budget decreases by $74k for Intergovernmental revenue after the department made no
               request for extra funding, compared to the FY2018 Budget.

               The FY2019 Adopted Budget decreases by $173k for Other Contractual Services expenses after the department
               made no request for extra funding, compared to the FY2018 Budget.

               There are no significant changes in service level represented in the FY2019 Adopted Budget.

























                                                             243
   238   239   240   241   242   243   244   245   246   247   248