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BUDGET OVERVIEW

Fleet Services Fund

FY 17/18 Adopted FY 17/18 Revised FY 18/19 Adopted
Revenue $3,653,429 $4,849,611 $4,591,313
Expenditures $3,653,429 $4,849,611 $4,591,313

Balance $0 $0 $0

FY 2017/2018 Revised

This fund provides for fleet operations, maintenance and equipment replacement for all City
vehicles. Each department that has vehicles or equipment pays its pro-rata cost for
operations and maintenance of the equipment. FY 2017/2018 revised revenues and
expenditures in the Fleet Services Fund are both projected to increase by $1,196,182. This is
primarily due to $732,668 for prior year encumbrances and a change in accounting of the fleet
funds debt service with the inclusion of a direct transfer in the amount of $421,484 for the FY
2017/2018 annual debt service. The debt service is being reflected differently than in the FY
2017/2018 Adopted Budget.

FY 2018/2019 Adopted

Adopted revenues are expected to increase by $937,884 from the FY 2017/2018 Adopted
Budget. In large part the increase is due to an appropriation of fund balance totaling $495,527
to fund some of the one-time equipment and capital needs identified in the Adopted Budget.
In addition, Fleet allocations has been increased to the General Fund by $421,484 due to the
change in accounting for debt service. The contribution from the Parks and Recreation
Development Fund is also increasing by $28,000 in order to fund the purchase of 2 vans for
the NRH Centre / Senior Center over a five year period.

Expenditures are expected to increase by $937,884 from the FY 2017/2018 Adopted Budget.
Included in expenditures is one-time expense of $15,000 for maintenance needs for fire
engine and equipment, an increase of $10,270 in vehicle auction expenses and an increase in
gasoline expenditures in the amount of $63,463. Also included is funding for vehicle
replacements and make-ready expenditures in the amount of $1,200,250, an increase of
$218,015 from the FY 2017/2018 Adopted Budget. The FY 2018/2019 Adopted Budget
includes $609,000 in transfers to capital to cover the cost of the following equipment: a crack
sealing machine replacement (FS1901) for $95,000, two Senior Center van replacements
(FS1905 and FS1906) in the amount of $124,000, a skid steer loader replacement (FS1907) in
the amount of $90,000, a street sweeper replacement (FS1908) for $70,000, two utility tractor
replacements (FS1909 and FS1910) in the amount of $110,000 and a dump truck
replacement (FS1903) for $120,000.

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