Page 102 - Kennedale Budget FY21

FUND OVERVIEW: CAPITAL REPLACEMENT FUND

R E V E N U E S
The Capital Replacement Fund is supported by oil and gas royalties and transfers from other funds. Assets

within the Water/Sewer Fund are also included in the Capital Replacement Schedule, but charged directly
to that Fund.

E X P E N D I T U R E S
The City of Kennedale utilizes a replacement schedule for capital assets including vehicles, equipment, and
computers. Items have projected replacement periods, which are adjusted as needed. The continued

scheduled replacement of vehicles and equipment is included in this budget. In December 2016, the City
moved to a leasing strategy for the majority of vehicles.

9 4