Page 293 - FortWorthFY22AdoptedBudget

The Retiree Healthcare Trust is a fiduciary fund used to manage funds generated from the
internal service fees and health benefit expenses paid by the City through various funds and by

participating retired individuals for services and costs associated with retired employee health benefit
and life insurance coverage. With very limited exceptions, the City can make changes to its benefit

offerings at any time; these changes could include discontinuing benefit programs or changing the rates
at which the City contributes toward benefit costs. In general, employee benefits, except for previously

accrued pension benefits, are not guaranteed to continue, and City contributions to any benefit program
are subject to sufficient funds being available and allocated in the annual budget process, which includes

appropriations solely for benefits projected to be payable during the ensuing fiscal year in accordance
with the pay-as-you-go funding plan for other post-employment benefit liabilities adopted in Resolution

4464-06-2015 and for FY2022 shall have receipts and appropriations as follows:

REVENUES
Use of Money and Property $569,525
Use of Money and Property $1,000,005
Other Revenue $30,414,438
$31,983,968

EXPENDITURES
Human Resources $28,521,439
Contribution to Fund Balance/Net Position $3,462,529
$31,983,968

The Risk Financing Fund is an internal service fund used to manage funds generated from the
internal service fees paid by General Fund departments and other funds for implementation of
statutorily mandated workers' compensation benefits for City employees and services associated with

both City and third-party injury and property claims and risk reduction and avoidance strategies related

thereto and for FY2022 shall have receipts and appropriations as follows:
REVENUES
Use of Money and Property $399,990
Other Revenue $22,347,389
Use of Fund Balance/Net Position $30,352
$22,777,731

EXPENDITURES
Human Resources $22,770,503
Transfer to IT Refresh Capital $7,228
$22,777,731

Ordinance No. 25073-09-2021 Page 21 of 34
Page 293 of 581