Page 15 - Proposed Operating Budget FY24

CITY OF HURST
FY 2023 ‐ 2024 ADOPTED BUDGET FLEET
SERVICE FUND
REVENUES AND EXPENDITURE SUMMARY
The Fleet Services Fund is used to account for the acquisition and financing of vehicles (new and replacement) in the General Fund
and the maintenance, repairs, and operating expenses of all vehicles. As an Internal Service fund, Fleet Services receives its operating
fund revenues from reimbursements charged to user departments. The formula developed for the charge back system is designed to
generate a dollar amount over the life of any given vehicle equal to the total operating expense associated with that vehicle and the
replacement cost of that vehicle. For Fiscal Year 2023‐2024, the Equipment Service Division will service and maintain 276 pieces of
Machinery & Equipment (including vehicles).
FY 2024
FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 ADOPTED
LINE ITEM DESCRIPTION ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES BUDGET
REVENUES

INTEREST 73,171 13,148 25,482 50,000 40,966 186,932
OTHER REVENUE 24,259 156,712 17,725 78,500 68,000 78,500
INDIRECT COST ALLOCATION ‐ STO 55,000 55,000 55,000 57,080 57,080 58,549
INDIRECT COST ALLOCATION ‐ CVF 26,943 26,943 26,943 27,962 27,962 26,943
INDIRECT COST ALLOCATION ‐ FLE 112,046 112,046 112,046 116,304 112,046 112,046
INDIRECT COST ALLOCATION ‐ CS 72,599 72,599 72,599 75,344 75,334 77,283
INDIRECT COST ALLOCATION ‐ AC 94,335 94,335 94,335 97,902 97,902 99,957
MOTOR POOL‐GENERAL FUND 1,301,495 1,301,495 1,301,495 1,350,707 1,350,707 1,384,936
MOTOR POOL‐ENTERPRISE FUND 128,403 141,372 89,049 104,527 106,800 106,800
TRANSFER IN ‐ ‐ ‐ ‐ ‐

TOTAL REVENUES 1,888,251 1,973,650 1,794,674 1,958,326 1,936,797 2,131,946

OPERATIONAL EXPENSES
PERSONNEL EXPENSES 402,714 377,713 395,890 405,507 401,461 441,965
MATERIAL AND SUPPLIES 329,398 371,839 479,326 513,080 522,527 512,805
MAINTENANCE 65,484 33,689 55,958 45,740 75,937 70,040
SUNDRY CHARGES 786,066 468,832 588,017 645,986 621,698 759,878
INTERNAL SERVICES 28,917 28,917 28,917 31,085 31,085 34,194
CAPITAL OUTLAY 518,384 ‐ 251,570 656,200 389,000 528,576

TOTAL OPERATIONAL EXPENSES 2,130,963 1,280,990 1,799,678 2,297,598 2,041,708 2,347,458

LESS DEPRECIATION 464,557 155,279 283,690 307,514 307,514 307,715

TOTAL NET EXPENSES 1,666,406 1,125,711 1,515,988 1,990,084 1,734,194 2,039,743