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Airport Gas Fund
FY 2022 Operating Position

The City has established three funds to receive revenues from natural gas operations that do not go to
the Arlington Tomorrow Foundation (ATF). Now that the Foundation has reached its capped corpus
amount of $100 million, these three funds receive all lease bonus and royalty revenues associated with
natural gas operations.

The Airport Gas Fund receives gas revenues derived from drilling operations beneath the City's airport.
Accounting unit 910301 is available to account for one‐time expenditures from the fund, but resources
may also be transferred to other funds to more appropriately track and account for expenditures. No
expenditures that are in lieu of ongoing expenditures typically made from the Airport's operating
budget may be incurred without prior approval from the City Manager's Office. Because the Airport
Gas Fund is designated for specific purposes, expenditure amounts in the fund are not appropriated on
an annual basis as they would be in the City's operating funds.

Periodically, fiscal conditions may necessitate transfers from the Airport Gas Fund to other funds to
cover specific one‐time costs. All proposed interfund transfers involving gas funds will require approval
by the City Manager's Office prior to implementation.

Beginning balance, available cash: $ 3,397,388

Less:
Reserved for increase/decrease in investment value $ 14,687
Airfield maintenance, FY 2021 85,000
Ramp grant matching funds, FY 2021 50,000
ATCT equipment replacement, FY 2021 90,000
Airfield maintenance, FY 2022 85,000
Ramp grant matching funds, FY 2022 50,000
Compact track loader, FY 2022 75,000
Designated for Debt Service ‐
Total commitments and reserves $ 449,687

Anticipated remaining balance $ 2,947,701

FY 2022 Adopted Budget and Business Plan 282 City of Arlington, Texas