Page 19 - Proposed budget cover and insert sheets

CITY OF HURST
FY 2024 - 2025 PROPOSED BUDGET
INFORMATION TECHNOLOGY FUND
REVENUES AND EXPENDITURE SUMMARY

The Information Technology Fund is an internal service fund that has been created to account for the financing on a cost
reimbursement basis of services provided by this fund to other funds within the City and to accumulate resources for replacing fixed
assets. In order to implement the fund, a formula for user charges was developed that includes the personnel and operating costs of
Information Technology and the replacement cost of all computer related equipment. Contributions from selected funds for
operating capital to finance the fund were determined based on the service level provided to each department and depreciation costs
charged to each department to ensure replacement of equipment at the end of its useful life. A Strategic Information Resource Plan
serves as a guideline for future uses of the fund. The fund was established in 1993 and represents a significant effort to employ
strategic planning principles to identify, specify and fund the future city-wide needs regarding computer technology.
FY 2025
LINE ITEM DESCRIPTION FY 2021 FY 2022 FY 2023 FY 2024 FY 2024 PROPOSED
ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES BUDGET
REVENUES
INTEREST 12,017 22,508 110,871 148,906 175,000 175,000
RESERVE XFER FROM OTHER FUNDS - - 21,287 - - 250,000
OTHER REVENUE 2,930 2,795 1,541 2,500 2,800 2,500
I/S USER CONTRIBUTIONS - GENER 698,345 730,500 785,290 829,255 829,255 918,150
I/S USER CONTRIBUTIONS - FLEET 28,917 28,917 31,085 34,194 34,194 38,000
I/S USER CONTRIBUTIONS - ENTER 302,361 311,500 334,862 366,198 366,198 405,450
I/S USER CONTRIBUTIONS - COMM 393,995 413,956 445,002 489,502 489,502 542,500
I/S USER CONTRIBUTIONS - ANTI 494,378 518,500 557,388 613,217 613,217 678,500
I/S USER CONTRIBUTIONS - HCC - 20,000 21,400 23,650 23,650 23,650
I/S USER CONTRIBUTIONS - COURT 15,812 15,812 16,998 16,998 16,998 17,000
I/S USER CONTRIBUTIONS - STORM 25,766 25,766 27,698 30,468 30,468 30,500
I/S USER CONTRIBUTIONS - BUILD 1,256 1,256 1,350 1,350 1,350 1,350
USER CONTRIBUTIONS - JCM 3,839 3,839 4,127 4,127 4,127 4,125
TOTAL REVENUES 1,979,616 2,095,349 2,358,899 2,560,365 2,586,759 3,086,725

OPERATING EXPENSES
PERSONNEL EXPENSES 559,490 606,953 618,027 623,505 621,244 675,702
MATERIAL AND SUPPLIES 139,678 74,294 169,763 195,130 193,200 206,975
MAINTENANCE 613,199 750,083 853,212 1,295,555 1,054,029 1,413,461
SUNDRY CHARGES 365,239 567,480 609,931 838,461 599,703 774,810
CAPTIAL OUTLAY - - 307,014 15,000 175,000 -

TOTAL OPERATING EXPENSES 1,677,606 1,998,810 2,557,947 2,967,651 2,643,176 3,070,948
LESS DEPRECIATION 109,289 236,576 303,426 247,256 247,256 317,392

TOTAL NET EXPENSES 1,568,317 1,762,234 2,254,521 2,720,395 2,395,920 2,753,556