Page 25 - CityofMansfieldFY23Budget

ENTERPRISE FUNDS

Utility Fund

Revenues
The overall Utility Fund budget for FY 2022-2023, including debt, is $41,537,661. Water sales and sewer
treatment sales totaling $40,744,788 account for 98% of all revenue.

Staffing
The FY 2022-2023 budget includes the addition of 3.5 full-time equivalent positions: three tradespeople
and one crew leader. The crew leader position was added by converting a part-time position to a full-time
position, resulting in a net increase of 0.5 FTE.

Operations and Maintenance
Operations and Maintenance costs increased 10%, due primarily to price increases for chemicals used in
the Water Treatment Plant.

Equipment
$407,398 for new equipment and improvements is budgeted in FY 2022-2023, to include several trucks, a
trailer and trailer-mounted air compressor, and lighting for the Broad Street water storage tank.

Transfers
The Utility Fund transfer to the General Fund is approximately $2,444,687 for the use of the City’s Rights
of Way. Additionally, the Utility Fund will transfer $706,129 for overhead allocation to the General Fund
and $240,000 for auto, liability, and property insurance.

Debt
The Utility Fund debt payment in FY 2022-2023 is $4,071,250, down 11% from last fiscal year. The
Utility Fund has not issued debt since 2016.

Environmental Services Fund

Revenues
The Environmental Services Fund budget, including debt, is $2,736,967. This represents a 1.0% increase
over FY 2021-2022. Drainage fees account for 100% of the revenue in this fund.

Staffing
No new staff was added in FY 2022-2023.

Operations and Maintenance
Operations and Maintenance costs decreased 6.84% in FY 2022-2023 due to reduced equipment rentals.

Transfers
The only transfer budgeted in FY 2022-2023 is $47,433 to the General Fund for overhead allocation.

Equipment
$18,000 is budgeted in FY 2022-2023 for a new dump trailer.

Debt
The debt service payment in the Environmental Services Fund is $527,175.

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