Page 17 - FY2020Colleyville

Expenditures
The illustration below shows how the City plans to spend each tax dollar for the
upcoming fiscal year. The total adopted General Fund budget for fiscal year 2019 is
$24,182,805. As seen in the chart, 48% of the General Fund is for public safety.
When combined with public works, 64% of the General Fund is scheduled for police,
fire, and infrastructure services.

Expenditure

UTILITY FUND

The Utility Fund is a proprietary fund structured and operated as a stand-alone
business or enterprise. It accounts for all the activities required for the provision of
water and sanitary sewer to residents of the city. In fiscal year 2017, the Utility Fund
was split into two funds- the Utility Fund and Utility Capital Projects Fund, although
these funds are rolled together for financial reporting purposes in the Certified Annual
Financial Report (CAFR). The Utility Fund functions as the operating fund. The Utility
Capital Projects Fund is where revenues and expenditures for utility capital projects
are accounted for. This includes water and wastewater impact fees, revenue from the
CIP base rate, and year-end operating surpluses transferred over from the Utility
(operating) Fund. Creation of the Utility Capital Projects Fund has allowed for easier
tracking, communication, and forecasting. The sections below specifically discuss
revenues and expenditures for the Utility Fund.

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