Page 166 - City of Fort Worth Budget Book

Enterprise Funds Municipal Parking

FY2024 DISCUSSION AND SIGNIFICANT CHANGES
The Recommended Budget:

• Decrease by ($993,834) in Transfer Out & Other as a result of the decreases by ($2.9 million) for Debt
Service and increase of $1.9 million to Contribution to Fund Balance. In FY24 the transfer to Parking Debt
Service fund was made directly from the General Debt Service fund
• Increases by $988,204 in General Operating & Maintenance for previously approved costs associated
with risk management, administrative cost and IT solutions allocation costs
• Decreases by ($222,713) for contractual obligations
• Increases by $140,000 for Houston Street Garage Automation Upgrade

• Increases by $99,570 in salary and for previously approved costs associated with pay for performance,
rising health care costs, pay band adjustment and pension contributions

Page 166