Page 175 - City of Fort Worth Budget Book

Internal Service Funds Internal Service Fund Statement

FUND SUMMARY

FY2022 FY2023 FY2023 FY2024 Chg from PY Adopted
Final Adopted Adjusted Rec. Amount %

Revenues
Charge for Service $ 50,415,240 $ 94,777,643 $ 94,777,643 $ 104,487,117 $ 9,709,474 10.2 %
Use of Money & Property 3,959,547 3,658,202 3,658,202 4,949,557 1,291,355 35.3 %
Other 85,962,328 95,986,986 95,986,986 107,600,306 11,613,320 12.1 %
Transfer In 33,400 6,712 6,712 872,249 865,537 12895.4 %
Total Revenues 140,370,515 194,429,543 194,429,543 217,909,229 23,479,686 12.1 %

Use of Fund Balance — 7,446,110 9,164,067 2,872,660 (4,573,450) -61.4 %

Expenses
Salaries & Benefits 23,833,370 46,661,735 46,661,735 49,778,275 3,116,540 6.7 %
Gen Operating & Maintenance 123,780,299 154,279,646 154,680,647 169,676,258 15,396,612 10.0 %
Transfer Out 5,183,226 934,272 2,251,228 1,327,356 393,084 42.1 %
Total Expenses 152,796,895 201,875,653 203,593,610 220,781,889 18,906,236 9.4 %

Contribution to Fund Balance — — — — — 0.0 %

Revenues Over(Under) Expenses $ (12,426,380) $ — $ — $ — $ — 0.0 %

FUND PURPOSE AND GOALS

Internal Service Funds finance the goods and services provided by one department of the City of Fort Worth to
another. Departments utilizing services provided in-house are charged a fee by the Internal Service Fund
department providing the service. The Internal Service Fund departments depend upon revenue generated from
those fees to support all departmental functions. The city currently operates five funds on this basis: Capital
Projects Service, Fleet and Equipment Services, Group Health and Life Insurance, the Risk Financing Fund, and
Information Technology Fund.
The Capital Projects Service Fund, through the Transportation & Public Works Department and the Property
Management Department, provides engineering services for other city departments. Engineering services
provided include project design and management, surveying, quality control testing, and construction inspection
for all water, storm drain, sidewalk, and other infrastructure projects.

The Fleet and Equipment Services Fund enables the Property Management Department to procure and manage
fuel and acquire, maintain, repair, and dispose of vehicles and equipment in the city fleet.

The Group Health and Life Insurance Fund coordinate the health insurance programs for active employees and
their dependents. It also provides basic life insurance and manages the Employees’ Wellness Program.

The Risk Financing Fund, which manages the Risk Management and Workers’ Comp Divisions, is responsible for
property and liability insurance and claims management, coordinating loss identification, reduction, and prevention
programs, and providing workers’ compensation benefits.

The Information Technology Fund, provides for the management of the city’s information technology infrastructure,
systems, and services. Fund expenditures range from routine replacement of IT equipment to major infrastructure
projects.

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