Page 184 - City of Fort Worth Budget Book

Internal Service Funds Group Health and Life Insurance

FUND SUMMARY

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

Revenues
Property Tax $ — $ — $ — $ — $ — 0.0 %
Sales Tax — — — — — 0.0 %
Other Tax — — — — — 0.0 %
License & Permits — — — — — 0.0 %
Intergovernmental — — — — — 0.0 %
Charge for Service 1,418,223 1,564,193 1,564,193 1,564,193 — 0.0 %
Fines & Forfeitures — — — — — 0.0 %
Use of Money & Property 3,591,442 3,100,000 3,100,000 4,600,000 1,500,000 48.4 %
Special Assessments — — — — — 0.0 %
Other 63,892,843 69,365,750 69,365,750 74,173,367 4,807,617 6.9 %
Transfer In — — — — — 0.0 %
Use of Fund Balance — 5,287,797 5,287,797 2,445,255 (2,842,542) -53.8 %
Total Revenues 68,902,508 79,317,740 79,317,740 82,782,815 3,465,075 4.4 %

Expenses
Salaries & Benefits 972,373 1,078,359 1,078,359 1,034,637 (43,722) -4.1 %
Gen Operating & Maintenance 71,416,925 78,239,381 78,239,381 81,748,178 3,508,797 4.5 %
Capital Accts — — — — — 0.0 %
Debt Service Accts — — — — — 0.0 %
Transfer Out & Other — — — — — 0.0 %
Contra Accounts — — — — — 0.0 %
Project Budget Account — — — — — 0.0 %
Total Expenses 72,389,298 79,317,740 79,317,740 82,782,815 3,465,075 4.4 %
Grand Total $ (3,486,790) $ — $ — $ — $ — 0.0 %

2023 2024 Change
Fund AP FTE AP FTE AP FTE
Group Health & Life Insurance
Fund 11.00 8.25 11.00 8.25 —
Total 11.00 8.25 11.00 8.25 —

FUND PURPOSE AND GOALS

The Group Health & Life Insurance Fund administers health insurance for employees and their dependents in
addition to basic life insurance for employees. Since FY2002, the Group Health & Life Insurance Fund has
included a budget for the Employees' Wellness Program. Fund revenues come from active employees,
contributions from city funds, and interest on investments.

The Group Health & Life Insurance Fund is comprised of the Benefits & Wellness Divisions, which were combined
into the Benefits/Wellness division in FY2021.

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