Page 254 - NEXT YEAR BUDGET DETAIL REPORT

CITY OF COLLEYVILLE

NEXT YEAR BUDGET DETAIL REPORT

PROJECTION: 20241 FY 2024 Operating Budget

ACCOUNTS FOR:
UTILITY FUND VENDOR QUANTITY UNIT COST 2024 Proposed
6410 TRANSFERS
0026410 002-6410-6805- TRANSFER TO CAPITAL PROJECTS 81,100.00 *
Annual funding for Utility Fund vehicle 1.00 81,100.00 81,100.00
and capital equipment replacement

0026410 002-6410-6811 TRANSFER TO GENERAL FUND 434,662.70 *
Utility Fund to pay for 13% of General 1.00 434,662.70 434,662.70
Fund internal service personnel (based
on percent of total FTEs that are
Utility Fund in FY24 prelim budget).
The internal service personnel costs
include the following departments:

Full Human Resources budget
Full Finance budget
City Manager's Office payroll
Full Information Services budget
City Secretary's Office payroll
Economic Development payroll

*Previously the Utility Fund was only
paying for personnel costs in each of
these budgets. Given how universal the
services are used from Finance, HR and
IT, staff calculated the interfund
transfer using full budgets for the

TOTAL TRANSFERS 515,762.70

Report generated: 07/28/2023 11:00 Page 118
User: klester 136
Program ID: bgnyrpts