Page 143 - FY 2025 Adopted Operating Budget and Business Plan
P. 143
Financial Summaries Return to Table of Contents
FY 2025 RESERVES
The City of Arlington maintains reserves that are used for purposes not included elsewhere in the operating budget.
SELECTED FINANCIAL RESERVES
FY 2025 OPERATING POSITIONS
OTHER POST
WORKING BUSINESS LANDFILL EMPLOYMENT
UNALLOCATED CAPITAL CONTINUITY LEASE BENEFITS
Balance on October 1, 2023 $ 9,260,653 $ 25,722,745 $ 4,062,075 $ 17,151,326 $ 1,717,904
Transfers In/(Out) 1,360,148 3,772,485 - - -
Appropriations/Mid-Year Adjustments 141,110 391,380 - - -
Balance on September 30, 2024 $ 10,761,910 $ 29,886,610 $ 4,062,075 $ 17,151,326 $ 1,717,904
Transfers In/(Out) 674,602 1,871,065 - - -
Appropriations/Mid-Year Adjustments - - - - -
Balance on October 1, 2024 $ 11,436,512 $ 31,757,675 $ 4,062,075 $ 17,151,326 $ 1,717,904
Unallocated Reserve
This reserve is the City’s fund for emergencies and unanticipated expenses. The balance in this reserve is equal to at least
three percent of General Fund recurring expenditures and will be $11,436,512 at the beginning of FY 2025.
Working Capital Reserve
The purpose of the Working Capital Reserve is to set aside at least one month of recurring General Fund expenditures and will
be $31,757,675 at the beginning of FY 2025.
Business Continuity Reserve
This reserve of one-time funding represents amounts available to support the City’s core services in the event of a significant
economic downturn or other unforeseen circumstances.
Landfill Lease Reserve
This funding was provided as part of the original lease agreement executed by the City in March of 2005.
Other Post-Employment Benefits Reserve
This reserve was established in FY 2004 to address funding the liability for post-employment benefits, other than pensions,
which will be recognized upon implementation of the Governmental Accounting Standards Board Statement 45.
Total Reserve Level for FY 2025
In the aggregate, the reserves described above represent 20.0 percent of the General Fund’s recurring expenditures in FY 2025.
FY 2025 Adopted Budget and Business Plan 134 City of Arlington, Texas
