Page 21 - Microsoft Word - FY 2021 tax info sheet

General Fund

The General Fund budget is $45,445,179, which is an increase of $6,143,772 or 15.6% from FY 2020‐21.
Included in the General Fund are one‐time expenditures totaling $7,698,872. When those one‐time
expenditures are removed from the FY 2020‐21 and FY 2021‐22 budgets, ongoing General Fund
expenditures would increase by $622,765 or 1.68% year over year. By cash funding one‐time projects in
the General Fund, the city is able to meet current service demands, including capital maintenance needs,
without issuing debt. The significant one‐time expenditures include $3.25 million for sidewalk
maintenance, $2 million for Shady Grove Road reconstruction, $1,800,057 for street maintenance, and
$400,000 to address Bear Creek bridge erosion.

The change to ongoing expenditures is also related to personnel, including compensation increases
accounting for $905,024, the addition of a detention officer addressed previously, and the reclassification
of a dispatcher to an assistant manager for a cost of $15,761. Changes to personnel are also discussed
under Goal 5.

Water and Wastewater

The Water and Wastewater Fund budget shows an increase of $565,559, or 2%, compared to FY 2020‐21.
Included in that total are contracts for water purchases from the City of Fort Worth, and wastewater
treatment and collection services from the Trinity River Authority. Combined, these two contracts amount
to $13,386,085 — 47.5% of the Water and Wastewater budget. Both contracts will be increasing in FY
2021‐22, which will be reflected in the pass‐thru portion of customers’ rates.

The adopted budget and pass‐thru rates reflect increases of 7.72% from Fort Worth and 6.5% from the
Trinity River Authority. The city water and wastewater rates will also each see a moderate increase of
1.5% this year. The average resident’s monthly water bill is expected to increase by $3.75 per month
(4.77%) in the year ahead, and their sewer bill by $1.42 (3.44%). The average utility customer’s monthly
bill, then, will see a total increase of about $5.17 or 4.31%.

Water‐Wastewater cash‐funded projects for FY 2021‐22 include $600,000 for the Knox Tank Mixer
project, $350,000 for tank maintenance, $250,000 for the 2021 SWIFT project, $165,000 for wastewater
line replacements, $140,000 for repairs to the Shady Hollow Lift Station, $120,000 for the Sanitary Sewer
Evaluation Study on infiltration and inflow, $100,000 for water line replacements, $95,000 to replace a
front‐end loader, $50,000 for a small remodeling project at the Municipal Service Center, and $42,000 to
replace a forklift. In addition the city will utilize $3.36 million in wastewater impact fees for Cade Branch
wastewater capacity improvements, $2.0 million in American Recovery and Reinvestment Act (ARPA)
funds to add a generator to the Pearson Pump Station, $1.5 million in ARPA funds to address tank
maintenance, $675,000 in ARPA funds to replace water and wastewater lines on Bate Street, $500,000 in
ARPA funds to add generators to lift stations, and $200,000 in ARPA funds to improve the generator at
the MSC. By using the impact fees and ARPA funds, the City effectively avoiding $8.24 million in projects
needing to be funded through customers’ water and wastewater rates.

One‐Time Cash Funded Projects

This year’s overall budget is an operationally balanced budget with ongoing revenue exceeding ongoing
expenditures. The adopted budget shows overall expenditures exceeding revenues by $7,048,816, and
General Fund expenditures exceeding revenues by $5,081,380. However, a few funds will be cash funding

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