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ADOPTED | BUDGET

Fleet Services Fund

The Fleet Service Fund accounts for the maintenance, repair, and replacement of city vehicles and
equipment. The fund is supported by a service charge assessed to all city departments.

Fleet Services Fund FY 2021/2022 Revised Budget

Revenues / Resources

The revised revenues for FY 2021/2022 are $5,347.449. This is $1,276,781 or 31.4% above the
FY 2021/2022 Adopted Budget. Below are the revenue highlights.

 $1,288,099 increase in Appropriation of Fund Balance for an encumbrance roll from the
prior year as well as a pre-purchase of vehicles ordered during the current fiscal year to be
received in FY 2022/2023.
 ($11,318) decrease in Interest Income based on cash on hand that is available for
investing.

Expenditures

The revised expenditures for FY 2021/2022 are $5,347,299. This is $1,276,631 or 31.4% or
above the FY 2021/2022 Adopted Budget. Below are the expenditure highlights.

 $1,125,945 increase in vehicle purchases that were approved as a budget amendment
presented at the City Council meeting on July 11, 2022, for the pre-order of FY 2022/2023
vehicles.
 $140,000 increase in the cost for gasoline.

 ($91,200) decrease in planned contribution to fund balance as this amount is not yet
reflected in the budget.
 $51,725 increase in Debt Service expense for debt repayment.

Balance

The revised budget for FY 2021/2022 reflects a balance of $0.

67 NRH | TEXAS