Page 224 - GrapevineFY24 Adopted Budget
P. 224
FY 2023-24 APPROVED OPERATING BUDGET
UTILITY ENTERPRISE FUND
ADMINISTRATIVE SERVICES DIVISION SUMMARY
200-533-001
2020-21 2021-22 2022-23 2022-23 2023-24
EXPENDITURES BY OBJECT Actual Actual Budget Estimate Approved
Supplies 7,878 6,289 6,000 5,988 6,000
Maintenance 833 858 900 898 -
Services 868,688 132,445 1,062,758 1,003,130 1,042,456
Insurance 1,021,385 931,679 1,202,510 1,127,790 1,191,648
Utility Bond Expense 1,096,751 732,920 664,919 663,589 662,556
Transfers Out 1,817,850 2,086,555 1,773,038 1,796,351 2,199,481
Total 4,813,385 3,890,746 4,710,125 4,597,746 5,102,141
OBJECTIVES
- Account for the accumulation of resources for, and the payment of, long-term debt principal and interest for revenue bonds and obligations under
capital leases when due throughout the year and administrative overhead costs.
- Also accounts for supplies, training, travel, software and other project expenses of the City's Geographic Information System (GIS).
224
