Page 273 - FY 2025 Adopted Operating Budget and Business Plan

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Airport Gas Fund
FY 2025 Operating Position

The City has established three funds to receive revenues from natural gas operations that do not
go to the Arlington Tomorrow Foundation (ATF). The ATF will reach its capped corpus amount of
$100 million from scheduled reimbursements; these three funds receive lease bonus and royalty
revenues associated with natural gas operations net of those scheduled reimbursements.

The Airport Gas Fund receives gas revenues derived from drilling operations beneath the City's
airport. Cost Center CC910301 is available to account for one-time expenditures from the fund,
but resources may also be transferred to other funds to more appropriately track and account for
expenditures. No expenditures that are in lieu of ongoing expenditures typically made from the
Airport's operating budget may be incurred without prior approval from the City Manager's
Office. Because the Airport Gas Fund is designated for specific purposes, expenditure amounts in
the fund are not appropriated on an annual basis as they would be in the City's operating funds.

Periodically, fiscal conditions may necessitate transfers from the Airport Gas Fund to other funds
to cover specific one-time costs. All proposed interfund transfers involving gas funds will require
approval by the City Manager's Office prior to implementation.

Beginning Balance, Available Cash: $ 1,210,771

Less:
Reserved for Increase/Decrease in investment Value $ 67,118
Reserved for One-time Projects at Airport in FY 2023 250,000
Reserved for One-time Projects at Airport in FY 2024 316,188
Total Commitments and Reserves $ 633,306

Anticipated Remaining Balance $ 577,465

FY 2025 Adopted Budget and Business Plan 264 City of Arlington, Texas