Page 280 - FortWorthFY23AdoptedBudget

Enterprise Funds

Water and Sewer

FUND SUMMARY

FY2021 FY2022 FY2022 FY2023 Change from Adopted

Final Adopted Adjusted Adopted Amount %
Property Tax - - - - - 0.00%
Sales Tax - - - - - 0.00%
Other Tax - - - - - 0.00%
License & Permits 1,216,198 1,345,700 1,345,700 1,420,659 74,959 5.57%
Intergovernmental - - - - - 0.00%
Charge for Service 472,132,157 459,626,060 504,226,060 474,620,055 14,993,995 3.26%
Fines & Forfeitures - - - - - 0.00%
Use of Money & Property 1,829,320 1,166,503 1,166,503 1,646,386 479,883 41.14%
Special Assesments - - - - - 0.00%
Other 13,338,421 9,885,000 9,885,000 11,515,000 1,630,000 16.49%
Transfer In 21,695,857 19,558,778 22,343,830 26,249,360 6,690,582 34.21%
Use of Fund Balance - - - - - 0.00%
Revenue $510,211,953 $491,582,041 $538,967,093 $515,451,460 $23,869,419 4.86%

Salaries & Benefits 84,027,322 84,677,788 84,677,788 90,313,535 5,635,747 6.66%
Gen Operating & Maintenance 190,670,222 195,551,456 233,101,456 214,715,525 19,164,069 9.80%
Capital Accts - - - - - 0.00%
Debt Service Accts 1,955,115 1,773,714 2,723,714 903,806 (869,908) -49.04%
Transfer Out & Other 207,527,661 209,579,083 218,464,135 209,518,594 (60,489) -0.03%
Contra Accounts - - - - - 0.00%
Project Budget Account - - - - - 0.00%
Expenses $484,180,321 $491,582,041 $538,967,093 $515,451,460 $23,869,419 4.86%

2022 2023 Change
Fund AP FTE AP FTE AP FTE
Water and Sewer Fund 999.00 974.05 1,002.00 977.05 3.00 3.00
W&S Capital Projects - 24.95 - 24.95 - -
Total 999.00 999.00 1,002.00 1,002.00 3.00 3.00

FUND PURPOSE AND GOALS

The Water and Sewer Fund is an Enterprise Fund responsible for providing water, wastewater and reclaimed water
services to residential, commercial, industrial, irrigation, and wholesale customers. Fort Worth Water (the Utility)
serves approximately 1.3 million people in Fort Worth and 33 surrounding communities. Operations are financed
through a rate structure based on the amount of services used, as well as base service fees, which are billed to
customers on a monthly basis. Debt is issued for large capital projects.

The Water and Sewer Fund provides resources for three separate departments: water, sewer and reclaimed
water. These services are billed separately to more accurately capture the cost of each service. However, the

Page 280 of 623