Page 95 - City of Kennedale Adopted Budget FY22
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FUND OVERVIEW: CAPITAL REPLACEMENT FUND
R E V E N U E S
The Capital Replacement Fund is supported by oil and gas royalties and transfers from other funds. Water
Fund assets are also included in the Capital Replacement Schedule but charged directly to that Fund.
E X P E N D I T U R E S
The City of Kennedale utilizes a replacement schedule for capital assets including vehicles, equipment, and
computers. Items have projected replacement periods, which are adjusted as needed. The continued
scheduled replacement of vehicles and equipment is included in this budget. In December 2016, the City
moved to a leasing strategy for the majority of its vehicles.
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