Page 282 - FortWorthFY23AdoptedBudget

Enterprise Funds

FY2023 DISCUSSION AND SIGNIFICANT CHANGES

The FY2023 Adopted Budget of $515.5 million is an increase of $23 million. This increase is
achieved with no retail water or sewer rate increase.

The Adopted Budget increases for the addition of 12 positions to provide data analysis,
customer service, financial management, system implementation, and regulation reporting support.

Additionally, 9 positions move from the Water and Sewer Fund to the Development Services
Department in the General Fund. The Water & Sewer Fund continues to fund these 9 positions as a
transfer out to the General Fund. This results in a net increase of 3 positions.

The Adopted Budget:
· Decreases by $1.16 million and nine authorized positions (APs) transferred to the Development Services
Department due to the movement of the water and stormwater development functions.
· Increases by $239,668 and three APs to manage the IE Apprenticeship Program.
· Increases by $199,368 and two APs to assist with customer services and wholesale operations.
· Increases by $151,672 and one AP to assist with Horizontal Assets.
· Increases by $148,093 and one AP to assist with SCADA projects.
· Increases by $144,592 and one AP assist with PMIS.
· Increases by $116,560 and one AP to assist with Customer Care Conservation.
· Increases by $95,437 and one AP to assist with purchasing.
· Increases by $88,747 and one AP to assist with Industrial Pretreatment.
· Increases by $40,476 and one AP to assist with Management Services.
· Increases by $8,972,235 in Chemicals due to commodity increases.
· Increases by $3.98 million in salary and benefits for previously approved costs associated with pay for
performance, rising health care costs and pension contributions.

· Increases by $3.53 million in Raw Water Purchases due to a 3% Tarrant Regional Water District rate
increase.
· Decreases by $3.58 million in transfer to Water/Sewer Fund to partially offset the cost of the expenses
listed.
· Increases by $3.25 million in required debt payments due to the sale of $150M in debt in the summer of
2022.
· Increases by $2.97 million in Commercial and Residential Meter/Valve Supply, Minor Equipment,
Operating Supplies, paving materials and Uniforms due to commodity increases and supply chain cost
increases.
· Decreases by $2.12 million in equipment and vehicle purchases due to pre-funding of capital purchases in
the summer of 2022.
· Increases by $1.65 million in Salaries & Benefits associated with pay for performance, step increases, rising
health care costs and pension contributions.
· Increases by $1.6 million in General Operating & Maintenance for previously approved costs associated
with risk management and IT solutions allocation costs.
· Increases by $1.37 million in Gas Utility Service due to commodity increases.
· Decreases by $869,908 in Energy Savings principal and interest payments due to retirement of the debt
in FY23.
· Increases by $749,149 due to increase in Administrative cost and ITS Services allocations.

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