Page 193 - ArlingtonFY24AdoptedBudget

Enterprise Funds

STORM WATER UTILITY FUND
FY 2024 Operating Position

Actual Budgeted Estimated Adopted
FY 2022 FY 2023 FY 2023 FY 2024

BEGINNING BALANCE $ 429,912 $ 668,853 $ 507,849 $ 311,418

REVENUES:
Storm Water Fee Revenue - Commercial $ 10,722,073 $ 11,529,000 $ 11,555,000 $ 12,197,000
Storm Water Fee Revenue - Residential 11,578,318 12,354,000 12,367,000 13,053,000
Interest and Miscellaneous Revenue 210,899 212,924 221,505 1,030,552
TOTAL REVENUES $ 22,511,290 $ 24,095,924 $ 24,143,505 $ 26,280,552

INTERFUND TRANSFERS:
To General Fund - Indirect Costs $ (790,950) $ (790,950) $ (790,950) $ (854,226)
To General Fund - Engineering Reviews (88,699) (88,699) (88,699) (88,699)
To Debt Service Fund - TMRS Reimbursement (140,683) (140,683) (140,683) (140,683)
To Pay-Go Capital Projects (10,200,000) (10,700,000) (10,700,000) (11,100,000)
To Operating Reserve (100,000) (102,702) (153,395) (70,922)
To Water and Sewer Fund - Indirect Costs (170,122) (170,122) (170,122) (170,122)
TOTAL INTERFUND TRANSFERS $ (11,490,454) $ (11,993,156) $ (12,043,849) $ (12,424,652)

TOTAL AVAILABLE FUNDS $ 11,450,748 $ 12,771,621 $ 12,607,505 $ 14,167,318

EXPENDITURES:
Administration $ 7,918,261 $ 8,824,045 $ 8,545,926 $ 9,864,786
Storm Water Management 2,159,551 2,287,069 2,281,338 2,406,952
Environmental Management 1,174,783 1,509,949 1,323,183 1,674,354
Environmental Education 134,848 144,810 145,640 148,577
Premium / Proceeds Offset (179,000) - - -
TOTAL EXPENDITURES $ 11,208,443 $ 12,765,873 $ 12,296,087 $ 14,094,669

ENDING BALANCE $ 242,304 $ 5,748 $ 311,418 $ 72,649

The Storm Water Utilities fees are paid by owners of commercial and residential property for the maintenance of the City’s storm
water drainage system. The fees enable the funding of construction projects and operations and maintenance expenses
throughout the City that help alleviate flooding situations and correct problems that might cause negative impacts to water quality
in the streams and lakes throughout the area. The Storm Water Utility Fee is structured so that every property owner pays the
same unit rate based on the amount of surface area that is resistant to infiltration by water on the property. Examples of these
types of surface areas include asphalt or concrete pavement, parking lots, driveways, sidewalks and buildings.

FY 2024 Adopted Budget and Business Plan 184 City of Arlington, Texas