Page 84 - City of Westlake FY20 Budget

Section 2 Financial Analysis
Funds and Departments

• The Utility Maintenance & Replacement Fund (UMR) is an account used to offset the future
costs of repair and/or replacement of large capital assets due to age and use. Contributions
from the Town’s Utility Fund are transferred on an annual basis; resulting in a cash balance
which mitigates the cash flow impact of large maintenance and capital replacement costs.

• The Vehicle Maintenance & Replacement Fund (VMR) was created to provide a mechanism for
the long-term repair and replacement of Town vehicles.

MAJOR FUND TYPES

Major funds represent the significant activities of the Town MAJOR FUNDS PERCENT
and basically include any fund whose revenues or General Fund 48%
expenditures, excluding other financing sources and uses, Capital Project Fund 22%
constitute more than 10% of the revenues or expenditures Enterprise Funds 12%
of the appropriated budget. TOTAL 83%

DEPARTMENT TYPE AND STRUCTURE
Dept 10 - General Services is comprised of costs in the budget that may not be specifically
identifiable to any operational budget. The activity is administered by the Finance Department and
funds various charges that are not defined or directly related to any specific department or activity
of the Town. Examples of cost include, electricity, insurance, professional services, contingencies,
etc. These types of expenditures affect all budgets and are generally not prorated.

Dept 11 - The Administration Department coordinates and manages all facets of the Town’s
operations. The Town Manager, reporting to the Town Council, serves as the chief executive officer
for all Town operations including serving as Superintendent for Westlake Academy. There duties
include implementation of the goals and objectives established by the Town Council, preparation
and submission of an annual municipal/academic budget for Council/Board review and adoption, as
well as the implementation and oversight of the adopted budget throughout its effective fiscal year.
The Town Manager guides, coordinates, and facilitates recommendations to the Council on strategic
planning initiatives and policies as well as their implementation. Responsible for attracting,
retaining, and developing a municipal/educational work force for delivering top quality municipal
and academic services.

Dept 12 - The Planning and Development Department is responsible for processing platting and
zoning requests and ensuring that proposed development will conform to the Town of Westlake’s
comprehensive plans. This also requires the continuous updating and amending of ordinances to
address ever-changing development concerns. The Building and Code Compliance Division is
responsible for the administration and enforcement of the Town’s adopted building codes and
ordinances to assure that development is executed and maintained in compliance with ordinances
and approved development plans.

72