Page 38 - Euless ORD 2360 Adopted FY 23-24 Budget

Internal Service Operating Funds

This chart presents revenues, operating and capital expenses, and use of reserves for all Internal Service
Funds presented within the City of Euless' Annual Operating Budget.
Proposed FY23 Budget to
Internal Service Actual Budget Estimated Budget FY24 Proposed
Funds FY 22 FY 23 FY 23 FY 24 Diff Diff.
Equipment Replacement:
Revenues $ 5, 632, 356 $ 9, 271, 331 $ 9, 806, 035 5, 890, 625 3, 380, 706) 36%)
Operating Expenses $ 1, 939, 055 $ 3, 460, 252 $ 1, 045, 397 3, 355, 442 104, 810) 3%)
Use of Reserves $ - $ - $ - 4, 249, 091 4, 249, 091
Capital / One - Time $ - $ 1, 838, 500 $ 1, 838, 500 4, 249, 091 2, 410, 591 131 %

Insurance:
Revenues $ 7, 499, 992 $ 8, 377, 974 $ 8, 437, 983 8, 745, 766 367, 792 4%
Operating Expenses $ 7, 344, 662 $ 8, 363, 240 $ 8, 363, 240 8, 482, 607 119, 367 1 %
Use of Reserves $ - $ 40, 000 $ 40, 000 44, 000 4, 000 10%
Capital / One -Time $ 10, 400 $ 40, 000 $ 40, 000 44, 000 4, 000 10%
Risk/ WC Management
Revenues 1, 127, 185 $ 1, 438, 359 $ 1, 518, 223 1, 508, 486 70, 127 5%
Operating Expenses 1, 004, 601 $ 1, 366, 731 $ 1, 366, 731 1, 448, 792 82, 061 6%
Use of Reserves 0%
Capital / One -Time 0%

Internal Service funds are used to account for the financing of goods or services provided by one department to other
departments of the government and to other government units, on a cost reimbursement basis.

The Equipment Replacement Fund is used to account for the accumulation of funds from user departments. Expenses are
dedicated to replacement of existing equipment and motor vehicles.

The Insurance Fund is used to account for both city and employee premiums. Expenses are dedicated to employees' health,
dental, and prescription claims.

The Risk Management/ Workers' Compensation Fund is used to account for the program( s) used for worker' s compensation,
general liability, and property claims.

Ordinance No. 2360, Page 38 of 326 30