Page 269 - City of Fort Worth Budget Book

Internal Service Funds Internal Service Fund Statement

FUND SUMMARY

FY2023 FY2024 FY2024 FY2025 Chg from PY Adopted
Final Adopted Adjusted Rec. Amount %

Revenues
Charge for Service $ 100,243,978 $ 104,487,117 $ 104,487,117 $ 120,822,859 $ 16,335,742 15.6 %
Use of Money & Property 10,528,027 4,949,557 4,949,557 8,999,557 4,050,000 81.8 %
Other 95,634,729 107,611,972 107,611,972 115,022,183 7,410,211 6.9 %
Transfer In 9,630,000 860,583 860,583 — (860,583) -100.0 %
Total Revenues 216,036,735 217,909,229 217,909,229 244,844,599 26,935,370 12.4 %

Use of Fund Balance — 2,872,660 8,449,910 1,798,250 (1,074,410) -37.4 %

Expenses
Salaries & Benefits 45,732,290 49,778,275 49,778,275 51,142,723 1,364,448 2.7 %
Gen Operating & Maintenance 155,247,190 169,676,258 174,985,619 190,719,908 21,043,650 12.4 %
Transfer Out 2,251,228 1,327,356 1,595,246 2,275,583 948,227 71.4 %
Total Expenses 203,230,708 220,781,889 226,359,140 244,138,214 23,356,325 10.6 %

Contribution to Fund Balance — — — 2,504,635 2,504,635 0.0 %

Revenues Over(Under) Expenses $ 12,806,027 $ — $ — $ — $ — 0.0 %

FUND PURPOSE AND GOALS

Internal Service Funds finance the goods and services provided by one department of the City of Fort Worth to
another. Departments utilizing services provided in-house are charged a fee by the Internal Service Fund
department providing the service. The Internal Service Fund departments depend upon revenue generated from
those fees to support all departmental functions. The city currently operates five funds on this basis: Capital
Projects Service, Fleet and Equipment Services, Group Health and Life Insurance, the Risk Financing Fund, and
Information Technology Fund.
The Capital Projects Service Fund, through the Transportation & Public Works Department and the Property
Management Department, provides engineering services for other city departments. Engineering services
provided include project design and management, surveying, quality control testing, and construction inspection
for all water, storm drain, sidewalk, and other infrastructure projects.

The Fleet and Equipment Services Fund enables the Property Management Department to procure and manage
fuel and acquire, maintain, repair, and dispose of vehicles and equipment in the city fleet.

The Group Health and Life Insurance Fund coordinate the health insurance programs for active employees and
their dependents. It also provides basic life insurance and manages the Employees’ Wellness Program.

The Risk Financing Fund, which manages the Risk Management and Workers’ Comp Divisions, is responsible for
property and liability insurance and claims management, coordinating loss identification, reduction, and prevention
programs, and providing workers’ compensation benefits.

The Information Technology Fund, provides for the management of the city’s information technology infrastructure,
systems, and services. Fund expenditures range from routine replacement of IT equipment to major infrastructure
projects.

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