Page 85 - City of Fort Worth Budget Book

Budget Highlights Expenditure Highlights

Solid Waste Fund: Significant changes include an increase of $7,011,858 for contract cost increases as a result
of inflationary pressure and prior year cost commitments and a fee increase for GOP and Non-GOP waste
haulers.
Stormwater Utility Fund: Significant changes include an increase of $6,323,857 in Transfer Out Capital Costs to
fund new projects. The expenses are offset by fee increases, a decrease of $1,568,400 for one-time costs that
are not needed in FY 2025, an increase of $717,132 in contractual costs, and an increase of $233,609 and two
APs.

Water and Sewer Fund: Significant changes include an increase of $6,549,753 in Raw Water Purchases due to
a 3.4% Tarrant Regional Water District rate increase, an increase of $5,800,440 for debt payments, and an
increase of $3,911,825 for vehicle/heavy equipment purchases to replace the fund’s aging vehicle fleet.

INTERNAL SERVICE FUNDS

Capital Projects Service Fund: Significant changes include an increase of $662,206 in salary and benefits for
previously approved costs associated with pay for performance and rising health care costs.

Fleet and Equipment Services Fund: Significant changes include an increase of $3,909,604 for outside
maintenance and repair costs.

Group Health and Life Insurance Fund: Significant changes include an increase of $8,100,000 in funding for
claim payments and settlements.

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