Page 60 - N. Richland Hills General Budget

BUDGET OVERVIEW

Fleet Services Fund

FY 19/20 Adopted FY 19/20 Revised FY 20/21 Adopted

Revenue $4,511,499 $5,001,728 $4,055,786
Expenditures $4,511,499 $5,001,728 $4,055,786
Balance $0 $0 $0

FY 2019/2020 Revised Budget

This fund provides for fleet operations, maintenance and equipment replacement for all City
vehicles. Each department that has vehicles or equipment pays its pro-rata cost for
operations and maintenance of the equipment. FY 2019/2020 revised revenues in the Fleet
Services Fund are projected to increase by $490,209. This is primarily due to an increase in
the appropriation of fund balance of $364,411 for the early replacement of an
ambulance as approved by the City Council on February 24, 2020. In addition, $85,379 was
included for the annual encumbrance roll. Expenses increased $490,229 primarily related to
the purchase of the replacement ambulance and encumbrance roll. The fund is anticipated to
contribute $62,265 to the funds reserves.

FY 2020/2021 Adopted Budget

FY 2020/2021 revenues total $4,055,786 and reflect a drop from the adopted budget due to an
appropriation of fund balance not anticipated to be necessary in FY 2020/2021.

FY 2020/2021 expenditures total $4,055,786 and are expected to decrease by
($455,713) from the FY 2019/2020 Adopted Budget due in large part to a reduction in
anticipated vehicle replacements in FY 2020/2021. The FY 2020/2021 budget includes
funding for the replacement of 2 vehicles in Facilities, 1 vehicle in Planning, 2 vehicles/3
equipment in Public Works, 1 vehicle in Parks and Rec and 11 vehicles in Police. The
fund is anticipated to contribute $106,626 to the funds reserves.

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