Page 308 - Hurst FY19 Approved Budget

Enterprise Fund Description

The Enterprise Fund is used to account for the provision of water and wastewater
services to the residents of the City. All activities necessary to provide such services
are accounted for in this fund, including, but not limited to, administration, operations,
maintenance, financing and related debt service, billing and collection. The operations
of the Enterprise Fund are financed and operated in a manner similar to private business
enterprises where the expenses (including depreciation) of providing services are
recovered primarily through user charges. An overview of Water and Wastewater Systems
is presented in this section. An activity schedule for each function is also included in this
section. Included for each operation are a summary of expenses, a personnel schedule,
division descriptions, goals, objectives, performance measures, future initiatives, and
prior year results and accomplishments. Line item detail and capital outlay by program
are not provided in this budget document. The Budget Division or Public Information
Division will provide a 2018-2019 line item detail budget document upon request.

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