Page 230 - City of Westlake FY20 Budget

Section 4 Enterprise Funds
Utility Fund Overview

• Tap and Impact Fees $119,015:
These revenues are a direct reflection of new home starts.

• Waste Management $6,190:
Waste Management: The Town receives a 12% fee from its franchisee and 3% fee from license holders
providing construction waste services. The current rate for solid waste and recycling service was adopted
in June 2019.

• Ductbank Permit Fees $186,091:
The ductbank is a series of Town owned conduit that houses underground telecommunication
infrastructure in portions of Westlake. Revenues are contingent upon utility companies leasing out
portions of the ductbank. The Town continues to anticipate growth in new ductbank leases with
telecommunications companies.

Operating Expenditures
• Total operating expenditures are budgeted to be $4,761,885
• This represents a 5% decrease of $240,194 from prior year estimated.
o Debt increased $104,241; due to increased payments ($102K) to the Texas Water Development Board
for the Fort Worth Waterline project.
o Leases and rentals increased $1,000
o Payroll transfers out to the General Fund decreased $25,048; A percentage of salaries are paid from the
Visitors Association Fund; Town Manager’s office, Facilities, Parks and Recreation, Finance and Human
Resources. Several department positions were changed midway thru FY18/19 resulting in changes to
fund allocations for FY19/20.
o Repair and maintenance will remain flat at $161,065
o Rent and utilities increased $2,177; based on the tiered leasing cost of the new municipal building space
in July 2017.
o Services increased $157,825; the purchase of water from the City of Fort Worth will increase based on
anticipated residential increase for FY19/20.
o Supplies will remain flat at $7,040
o Travel and training will remain flat at $7,795

Non-Operating Expenditures
• Total non-operating expenditures are budgeted to be $113,280.
• This represents an 95% decrease of $1,995,646 from prior year estimated.
o Capital outlay will remain flat at $31,055
o Capital Projects decreased $1,996,332; due to one-time project in the prior year for the Fort Worth
Waterline project.
o Transfers out increased $686

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