Page 323 - Fort Worth City Budget 2019

The Retiree Healthcare Trust is a fiduciary fund used to manage funds generated from the internal

service fees and health benefit expenses paid by the City through various funds and by participating
retired individuals for services and costs associated with retired employee health benefit and life
insurance coverage. With very limited exceptions, the City can make changes to its benefit offerings at

any time; these changes could include discontinuing benefit programs or changing the rates at which the

City contributes toward benefit costs. In general, employee benefits, except for previously accrued
pension benefits, are not guaranteed to continue, and City contributions to any benefit program are

subject to sufficient funds being available and allocated in the annual budget process, which includes
appropriations solely for benefits projected to be payable during the ensuing fiscal year in accordance

with the pay-as-you-go funding plan for other post-employment benefit (OPEB) liabilities that was
adopted in Resolution 4464-06-2015.

REVENUES
Use of Money and Property $1,024,000
Other Revenue $34,165,052
$35,189,052

EXPENDITURES
Human Resources $32,526,049
Contribution to Fund Balance/Net Position $2,663,003
$35,189,052

The Risk Financing Fund is an internal service fund used to manage funds generated from the
internal service fees paid by General Fund departments and other funds for implementation of statutorily

mandated workers' compensation benefits for City employees and services associated with both City and
third-party injury and property claims and risk reduction and avoidance strategies related thereto.

REVENUES
Use of Money and Property $120,000
Other Revenue $20,196,823
Use of Fund Balance/Net Position $166,378
$20,483,201

EXPENDITURES
Human Resources $20,480,269
Transfer to IT Refresh Capital $2,932
$20,483,201

Ordinance No. 23392-09-2018 (Section 5. Internal Service Funds)

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