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ADOPTED | BUDGET

Fleet Services Fund FY 2022/2023 Adopted Budget

Revenues / Resources

The FY 2022/2023 adopted revenues in the Fleet Services Fund are $4,753,900. This is an
increase from the FY 2021/2022 Adopted Budget by $683,232 or 16.8%. Below are the revenue
highlights.

 $400,000 increase in fund allocations due to the increased cost of fuel projected for the
year.
 $79,326 increase in revenue generated by the Fleet Allocation increase for a new Fire
Mechanic/Technician.
 $62,000 increase in revenue due to a transfer in from the Facilities Fund for the cost of a
new vehicle.
 ($10,337) decrease in interest income based upon estimated cash on hand that will be
available for investing.
 $31,463 increase in proceeds from the sale of vehicles eligible for auction
 (7,240) decrease in grant funds associated with the FY2021/22 ARPA salary merit
increase.

Expenditures

The FY 2022/2023 adopted expenditures in the Fleet Services Fund are $4,753,900. This is an
increase from the FY 2022/2023 Adopted Budget of $683,232 or 16.8%. Below are the
expenditure highlights.

 ($135,000) decrease in Capital Project Transfers due to the utilization of Certificates of
Obligation for fleet purchases in FY2022/2023.
 $400,000 increase in the anticipated cost of fuel based on forecasted market trends.
 $42,725 increase in debt service payments for the year.
 ($91,200) decrease in Planned Contribution to Fund Balance due to a contribution not
being reflected at this time for FY 2022/2023.
 $186,374 increase for planned vehicle purchases for FY 2022/2023.

 $51,236 increase in expense for the FY 2022/2023 Market/Merit salary adjustment.
 $79,326 increase in salaries for one new Fire Mechanic/Technician full time position.

Balance

The proposed budget for FY 2022/2023 reflects an ending balance of $0.

68 NRH | TEXAS