Page 291 - FortWorthFY23AdoptedBudget

Internal Service Funds

Internal Service Fund Statement

FUND SUMMARY

FY2021 FY2022 FY2022 FY2023 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Charge for Service 44,611,702 44,987,575 44,987,575 94,777,643 49,790,068 110.68%
Use of Money & Property 6,140,259 3,883,269 3,883,269 3,658,202 (225,067) -5.80%
Other 82,673,172 89,225,899 91,985,559 95,986,986 6,761,087 7.58%
Transfer In 32,537 10,663 10,663 6,712 (3,951) -37.05%
Total Revenues 133,457,670 138,107,406 140,867,066 194,429,543 56,322,137 40.78%

Use of Fund Balance - 87,597 20,048,670 7,446,110 7,358,513 8400.42%

Salaries & Benefits 22,799,427 23,391,129 22,587,606 46,661,735 23,270,606 99.48%
Gen Operating & Maintenance 102,631,909 114,033,015 133,144,904 154,279,646 40,246,631 35.29%
Transfer Out 3,134,388 770,859 5,183,226 934,272 163,413 21.20%
Total Expenses 128,565,724 138,195,003 160,915,736 201,875,653 63,680,650 46.08%

Contribution to Fund Balance - - - - - 0.00%

Revenues Over(Under) Expenses $ 4,891,946 $ - $ - $ - $ - 0%

FUND PURPOSE AND GOALS

Internal Service Funds finance the goods and services provided by one department of the City of Fort Worth to
another. Departments utilizing services provided in-house are charged a fee by the Internal Service Fund
department providing the service. The Internal Service Fund departments depend upon revenue generated from
those fees to support all departmental functions. The city currently operates four funds on this basis: Capital
Projects Service, Fleet and Equipment Services, Group Health and Life Insurance, and the Risk Financing Fund.
Information Systems, previously categorized as an internal service fund, is now included as a department within
the General Fund.

The Capital Projects Service Fund, through the Transportation & Public Works Department and the Property
Management Department, provides engineering services for other city departments. Engineering services
provided include project design and management, surveying, quality control testing, and construction inspection
for all water, storm drain, sidewalk, and other infrastructure projects.

The Fleet and Equipment Services Fund enables the Property Management Department to procure and manage
fuel and acquire, maintain, repair, and dispose of vehicles and equipment in the city fleet.

The Group Health and Life Insurance Fund coordinate the health insurance programs for active employees and
their dependents. It also provides basic life insurance and manages the Employees’ Wellness Program.

The Risk Financing Fund, which manages the Risk Management and Workers’ Comp Divisions, is responsible for
property and liability insurance and claims management, coordinating loss identification, reduction, and
prevention programs, and providing workers’ compensation benefits.

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