Page 27 - Southlake FY20 Budget

Transmittal Letter

Revenue highlights. The Utility Fund revenues are Utility Fund Expenditure Highlights
projected at $30,645,585 for a slight decrease of
$953,415. This is a 3% decrease when compared with Highlight Item Expenditure
the FY 2019 adopted budget.
2.5% base pay
Expenditure highlights. Pay adjustment adjustment,
Personnel merit
Personnel. The Utility Fund includes resources needed 10.38% rate
to manage and operate the City’s utility system. This Health insurance increase
fund will cover its portion of employee pay adjustments
and the increases in benefit costs as described in the
General Fund portion of this letter. SCADA Software $130,159
Subscription
Other highlights. Funding has been requested for
equipment and facility improvements. A few highlights Enterprise Asset
of supplemental requests for the Utility Fund are shown Management
in the table and are specifically related to providing Software (50% $62,500
water, sewer, and/or garbage service. split with
Technology Fund)
Total expenditures in the Utility Fund are proposed at
$26,521,672, a 5% decrease from the FY 2019 adopted Operations Fats, Oils, and $10,080
budget. Grease Program

Lab sampling
Indirect charge/transfers. We have budgeted a transfer program - EPA $9,908
of $1,225,823 from the Utility Fund to the General compliance
Fund to cover indirect expenses and for payment of a
franchise fee. Annual valve
condition
Fund balance. The FY 2020 Proposed Utility Fund budget assessment and $50,000
provides 151 days of working capital, or $10,959,625. leak detection
This exceeds the City’s fund balance policy for the program
Utility Fund, which states that the “…goal shall be to Safety fall arrest
maintain a fund balance of 60 days of working capital in systems at lift $29,000
the Utility Fund…with the optimum goal of 90 days of stations
working capital.”
Annual meter
Most of the items included in the FY 2020 replacement $298,040
Adopted Utility Fund Budget address program
the focus area of Infrastructure. Capital
12” booster
pump control $60,000
valves at TW King
booster station

Replacement
laptops for field $4,000
employees

26 www.CityofSouthl ake.com