Page 64 - CITY OF AZLE, TEXAS
P. 64

Police Officers (the City will absorb the cost of positions previously funded by Azle ISD), two (2)
               Dispatchers, Police Records Assistant, Senior Accountant, and Library Assistant (upgrade from
               part-time to full-time).  Funding for employee step increases and a 5% market adjustment to the
               City’s pay plan is included in this budget.  Also included in personnel costs are additional funds
               for anticipated increases in health and dental insurance.

               Expenditures are projected to exceed revenues and transfers from other funds by $180,634 and
               is  attributable  to  one-time capital purchases.    In addition, a one-time  transfer  to  the  Capital
               Projects  Fund  in  the  amount  of  $2,000,000  is  budgeted  for  the  purpose  of  funding  future
               facilities.    This  results  in  a  projected  unreserved  fund  balance  of  $6,463,580  or  35.4%  of
               projected fund expenditures.  This amount exceeds the City’s stated goal of an unreserved fund
               balance equal to four (4) months of operating expenditures.  By these actions the fund balance
               of the General Fund will be reduced by approximately 25%, however, this is not expected to
               negatively impact the operations of the General Fund.





























































            City of Azle FY 2024-2025 Budget                                                                   53
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