Page 62 - Watauga FY21 Budget

BUDGET OVERVIEW

Supplies – Those items necessary for operations including office and janitorial
supplies, postage, publications, wearing apparel, vehicle parts and fuel, tools,
and living plants.

Maintenance – Those services required to maintain assets of the City – may be
paid to outside vendors. This can include vehicle or equipment maintenance,
hardware and software maintenance, street striping, plumbing and electrical
services, and radio and book repairs.

Contractual/Sundry – Consists primarily of services provided to the City, and
other miscellaneous items. Services include bank services, audit and attorney
fees, printing and binding, laboratory testing, public utilities, rental of equipment,
ambulance billing services, collection agency fees, engineering services,
appraisal district expenses, and insurance fees. This category also includes
water distribution and wastewater collection fees paid to the City’s wholesale
providers. Miscellaneous expenses include dues and subscriptions, travel, and
training. This category also includes transfers between funds and debt service
payments.

Capital Outlay – The purchase or investment in items that are more than $5,000
each that have a life of more than five years and that will be capitalized or
considered a long-term asset of the City. Examples include buildings, furniture,
equipment, and vehicles. Infrastructure projects such as streets and water and
sewer projects are included in this category. The City plans for these high dollar
items through the Capital Improvement Plan Committee process and Capital
Outlay Plan Committee process. The end result are the creation and continual
updating of multi-year plans that help identify capital needs and possible funding
sources. The capital expenditures by category for FY2020-21 are listed below.
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