Page 12 - CityofKennedaleFY25AdoptedBudget

One of the measures of the city’s financial strength is the level of its fund balances. In keeping with the city’s
policy to have a conservative 25% reserve fund, the general fund is projected to exceed the minimum obligation

of 18%. The water and sewer funds are carrying a considerable reserve.

Fund type FY2023/2024 FY2024/2025 NUMBER of DAYS AMOUNT

GENRAL FUND $3,143,925 $3,945,011 111 30%

WATER/SEWER $935,350 $1,877,795 48 13%

STORMWATER $1,206,042 $1,299,401 10355 2837%

The reserve fund earns interest, bolsters cash flow, and is available for unanticipated expenditures or city-wide

emergencies. As a non-recurring revenue source, portions of the beginning fund balance may be used to fund
capital or other one-time expenses.

City Personnel

In 2024, a committee consisting of employees and department heads were asked to create an acronym that
would identify our commitment to serving our community. The committee chose the word PURPOSE and the

acronym which represents the following service and customer-based ideals:

Professionalism- Visibly displaying and promoting the values of the organization through conduct or
professional and personal advancement.

Understanding- Demonstrating responsiveness, empathy, and compassion when addressing the needs of

customers and co-workers.

Respect- Demonstrating a high regard for and attention to the thoughts and opinions of others.

Positive Influence- Maintaining professionalism and a helpful demeanor towards others at all times.

Outstanding Service- Going above and beyond the status quo when providing customer service or in the

performance of work responsibilities.

Supportive- Providing encouragement and commitment to fellow staff members and working as a team to

further the mission and vision of the city.

Excellence- Exhibiting exceptional performance, work ethic, and an being example for others to follow.

CITYOFKENNEDALE.COM/BUDGET 12