Page 219 - Hurst Budget FY21
P. 219

ENTERPRISE FUND                                       ENTERPRISE FUND
                    DISTRIBUTION OF REVENUES                                    DISTRIBUTION OF
                                                                                  EXPENDITURES
                                                                             Community
                           Penalities   Misc.                                  Services  Non-Departmental  General Services
                Wastewater   2%          1%                               Debt   1%         2%            7%
                  36%                                                    Service                        Fiscal Services
                                                                          6%                                3%
                                                                                                          Engineering
                                                                                                             3%






                                                                   Wholesale
                                                                     38%
                                                                                                          Water Ops.
                                                Water                                                        25%
                                                 61%

                                                                                                 Wastewater Ops.
                                                                                                      15%



            The above chart shows the distribution of             The above chart shows the percentage
            Enterprise Fund revenues by percentage.  Water        distribution  of  Enterprise  Fund  expenses.
            sales and sanitary  sewer charges to City             Wholesale  cost  are  the  largest  expense,  and
            residents and businesses are the major sources        includes  water purchases  from the City of  Ft.
            of revenues.  Each year the City reviews its rate     Worth  and participation in regional wastewater
            structure to ensure that rates will generate the      services through Ft. Worth and the Trinity River
            required revenues to operate and maintain our
            water and sewer infrastructure.  Recent  rate         Authority  (TRA).  Hurst  does  operate and
            increases  are  primarily  caused  by  increased      maintain six water wells that supplement the Fort
            costs  related  to  the  City’s  purchase  of  treated   Worth supply and decrease the volume of water
            water  and  wastewater  treatment  services           purchased.  (The maximum daily water system
            (wholesale costs); however, this impact is            capacity  is  33.048  million  gallons  and  the
            partially  offset  by revenues generated from         combined storage capacity is 8.9 million
            penalties billed for late  payments and interest      gallons.) The maximum daily wastewater system
            earnings collected on investments. Increases in       capacity is 7 MGD.
            wholesale costs have been adequately covered.
            As such, for FY 21, there will be no utility rate     All Enterprise Fund divisions budget a significant
            inrease.                                              amount  for  new and replacement  capital
                                                                  equipment purchases. The fund  also  includes
                                                                  pay-as-you-go projects for improvements and/or
                                                                  replacement of  portions of our water and
                                                                  wastewater systems. Projects not funded in our
                                                                  pay-as-you-go program  will be considered  for
                                                                  debt financing.






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