Page 84 - FY 2021-22 ADOPTED BUDGET

CONTRACTUAL SERVICES

The projected cost of contractual services in 2025-26 in the amount of $2,121,206 increases by $312,748 from the
2024-25 re-estimate of $1,808,458. This category includes funds for utilities, professional services, dues and
memberships, training, and printing services.

Funds are included in the 2025-26 Budget for the general election and for a run-off election. Funds are included for

Benbrook residents to participate in Tarrant County’s Home Project.

MAINTENANCE AND REPAIR

Maintenance and repair costs decreases by $1,248,815 from the 2024-25 re-estimate of $4,852,905 to the 2025-
26 Budget allocation of $3,604,090. Funds for vehicle, equipment, radio, and software maintenance costs are
budgeted near the 2024-25 re-estimate level for 2025-26. A decrease in the amount of $1,685,000 is included in
the Public Works Department for the maintenance and repair of streets and roadways.

CAPITAL OUTLAY

There are no capital outlay purchases budgeted in 2025-26. The annual replacement of four Police Department
vehicles will be paid out of the Capital Asset Replacement Fund. A capital outlay is defined as an item or piece of
equipment that costs a minimum of $5,000, has a useful life of more than one year, and/or is recorded as a fixed
asset on the City's official inventory.

DEBT SERVICE

Debt service requirements decreased by $265,525 from $1,533,863 in 2024-25 to $1,268,338 in 2025-26. Principal

payments decrease by $240,000 in 2025-26 to $745,000 from $985,000 in 2024-25; interest expenses decreased
by $25,525 from $544,763 in 2024-25 to $519,238 in 2025-26. Agent fees remain at $4,100.

TRANSFERS AND USE OF UNAPPROPRIATED RESERVES

The 2025-26 Budget and the 2024-25 re-estimate include the transfer of reserves from the General Fund to the
Capital Asset Replacement Fund; these funds are designated for the purchase of major pieces of equipment in
future years. The 2024-25 transfer was $250,000; the 2025-26 transfer is $550,000, plus a $50,000 transfer from
the General Fund to the IT/Facilities Fund for the possible use with the construction of the new municipal complex.

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