Page 18 - Proposed budget cover and insert sheets

CITY OF HURST
FY 2024 - 2025 PROPOSED BUDGET
FLEET SERVICE FUND
REVENUES AND EXPENDITURE SUMMARY
The Fleet Services Fund is used to account for the acquisition and financing of vehicles (new and replacement) in the General Fund and the
maintenance, repairs, and operating expenses of all vehicles. As an Internal Service fund, Fleet Services receives its operating fund revenues
from reimbursements charged to user departments. The formula developed for the charge back system is designed to generate a dollar amount
over the life of any given vehicle equal to the total operating expense associated with that vehicle and the replacement cost of that vehicle. For
Fiscal Year 2024-2025, the Equipment Service Division will service and maintain 276 pieces of Machinery & Equipment (including vehicles).

FY 2025
FY 2021 FY 2022 FY 2023 FY 2024 FY 2024
LINE ITEM DESCRIPTION PROPOSED
ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES
BUDGET
REVENUES
INTEREST 13,148 25,482 68,029 186,932 260,000 200,000
OTHER REVENUE 156,712 17,725 1,705 78,500 15,000 78,500
INDIRECT COST ALLOCATION - STO 55,000 55,000 57,080 58,549 58,549 66,505
INDIRECT COST ALLOCATION - CVF 26,943 26,943 27,962 26,943 26,943 26,943
INDIRECT COST ALLOCATION - FLE 112,046 112,046 116,304 112,046 112,046 127,273
INDIRECT COST ALLOCATION - CS 72,599 72,599 75,344 77,283 77,283 87,786
INDIRECT COST ALLOCATION - AC 94,335 94,335 97,902 99,957 99,957 113,541
MOTOR POOL-GENERAL FUND 1,301,495 1,301,495 1,350,707 1,384,936 1,384,936 1,573,151
MOTOR POOL-ENTERPRISE FUND 141,372 89,049 85,525 106,800 106,800 121,314
TRANSFER IN - - - - -

TOTAL REVENUES 1,973,650 1,794,674 1,880,558 2,131,946 2,141,514 2,395,013

OPERATIONAL EXPENSES
PERSONNEL EXPENSES 377,713 395,890 447,316 441,965 381,685 459,359
MATERIAL AND SUPPLIES 371,839 479,326 501,548 512,805 544,363 591,655
MAINTENANCE 33,689 55,958 86,471 70,040 102,540 103,540
SUNDRY CHARGES 468,832 588,017 646,314 759,878 727,515 762,293
INTERNAL SERVICES 28,917 28,917 31,085 34,194 31,085 34,194
CAPITAL OUTLAY - 251,570 230,488 528,576 420,000 349,452

TOTAL OPERATIONAL EXPENSES 1,280,990 1,799,678 1,943,222 2,347,458 2,207,188 2,300,493

LESS DEPRECIATION 155,279 283,690 331,599 407,715 407,715 411,420
TOTAL NET EXPENSES 1,125,711 1,515,988 1,611,623 1,939,743 1,799,473 1,889,073