Page 188 - CITY OF AZLE, TEXAS
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S S St t to o or r rm m mw w wa a at t te e er r r F F Fu u un n nd d d
The Stormwater Utility Fund is one of three enterprise funds in the City. Its purpose is
to account for operations that are financed and operated in a manner similar to a private
business enterprise – where the intent of the City Council is that the cost of providing
services to the general public on a continuing basis be financed or recovered primarily
through user charges.
The Stormwater Utility Fund is used to account for user fees charged per residential and
commercial unit to enhance drainage of properties within the City. All activities
necessary to provide such services are accounted for in this fund, including, but not
limited to, administration, operations, maintenance and debt service.
Accounting records for the Stormwater Utility Fund are maintained on the accrual basis.
City of Azle FY 2023-2024 Budget 177
