Page 81 - FortWorthFY23AdoptedBudget

Budget Highlights

Stormwater Utility Fund includes an increase in capital improvements using $1.0M of surplus reserves, $2.2M
UNSPEC (project residuals) and is further supported by growth in revenue and savings in operating expenses.
There is increase in the annual transfer out to Development Services General Fund to support costs for the
Stormwater Drainage Study. The Fund transferred nine positions to the General Fund of Development Services
and funds 2 positions in Development Services.

Water and Sewer Fund includes an increase of $23.9M with no increase for retail water or sewer rates. The twelve
Approved Positions (AP) for data analysis, customer service, financial management, system implementation, and
regulation support are offset by the transfers out of nine positions to the Development Services Department
General Fund, resulting in a net increase of just three positions. These nine positions continue to be funded by
the Water and Sewer Fund as a transfer out to the General Fund. Inflation, cost increases, and supply chain issues
account for much of the budget increase ($8.9M chemicals, $3.5M raw water, $2M wastewater treatment
contract, $1.6M commercial supplies, $1.4M gas utility service, and $1M residential meter/valve supply). Fund
includes increase of $3.3M in Salaries & Benefits to fund Pay for Performance.

INTERNAL SERVICE FUNDS

Capital Projects Service Fund includes a transfer out to capital equivalent to the prior year, to fund PAYGO capital
outlay projects. The outlay expenses include vehicles and technology initiatives. Capital Projects Service Fund
increased by 15 positions, including three positions for capital delivery, four positions to provide administrative
support and four positions to provide construction inspections. In addition, four positions from the City Attorney
General Fund have been added to provide legal support for capital projects.

Equipment Services Fund includes $3.17M for an increase in fuel costs ($1.87M commercial fuel, $0.5M bulk
gasoline, $0.8M bulk diesel fuel), and $250K in pay for performance, $145K in Administrative Cost Allocation and
$120K for Risk Management Allocation costs. The increase is offset by a $276K reduction in health insurance costs
and a decrease of $101K in worker’s compensation costs.

Group Health and Life Insurance Fund includes a 5% increase in contributions from the City and a 3% increase in
premiums from employees to offset the rising trend in claims costs. The fund adds one Leave Coordinator position
of which half (.5FTE) is paid from the Risk Financing Fund.

IT Solutions Department adds one Contract Compliance Administrator position for procurement coordination and
one Sr IT Technical Support Analyst for Microsoft technology platforms.

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